NETFLIX: Short Sell

[recession2016]

Which based on this post, indicates we are going down big-time.

I wouldn't short long term but I wouldn't long either. Day trading this market is easier than picking a direction.

 

[FreakofNature]

You either have a positive expectancy setup in NFLX or you dont, if you do, by all means, take a shot at it, otherwise, leave the gambling for Vegas.

 

[Lloyd W. Coutee]

Netflix's PT raised by FBR & Co to $100.00. market perform rating.

 

[Michael J. Fletcher]

Stock closed today below my sell price and headed lower in after hours. Risky trade? Absolutely. I can't deny this and only time will tell if its a good trade.

I also went long on deutsche bank several days ago at $12.79. I have a few very speculative trades like this.

No pain no gain, as the say . If you can afford the risk, why not? Just be careful, don't put a lot of money in risky trades.

 

[SimpleTrades]

No pain no gain, as the say . If you can afford the risk, why not? Just be careful, don't put a lot of money in risky trades.

Up 8% on DB; Down 2.5% on NFLX. 5% of portfolio on those two stocks.

 

[Chris Mac]

Up 8% on DB; Down 2.5% on NFLX. 5% of portfolio on those two stocks.

Why do you want to buy weak stocks and sell strong stocks?
If you want to win regularly, do the opposite. Buy strong stocks during pullbacks and sell weak stocks when they rebound.
Right now, DB is a nice short @12.5/13, and NFLX is a hold @120/122.
5 months ago, everyone wanted to short NFLX and I wrote it was a STRONG BUY if it stayed above 80 dollars . At the same time, people wanted to buy weak VALEANT @25/30 because it was oversold. Lol. Like DB today. "oversold".
Read this :
https://www.elitetrader.com/et/threads/vrx-time-to-buy.299757/page-5#post-4281722

GL btw.

CM

 

[syswizard]

Why do you want to buy weak stocks and sell strong stocks?
Right now, DB is a nice short @12.5/13

DB now above 14. Great call Chris.

 

[Chris Mac]

DB now above 14. Great call Chris.

Really? Are you enough noob to ignore DB is an European bank with EURO quote?
12.88 EUR right now. Or close to $14 "for you".

 

[Deuteronomy_24_7]

Really? Are you enough noob to ignore DB is an European bank with EURO quote? 12.88 EUR right now. Or close to $14 "for you".

DB trades very actively in the US and is >$14 right now. I'd be careful about throwing stones at "noobs"...

 

[Chris Mac]

DB trades very actively in the US and is >$14 right now. I'd be careful about throwing stones at "noobs"...

I wrote my post this morning here, and as far as I know, US markets were closed???? So it was obvious DB currency was in EURO, not in dollars. Give me a break, seriously.

CM