You may be right. However, don't neglect the Trump factor. If he wins, EVERYTHING, is going down, at least for a while. If that happens, I'll add myself to the list of people going long on Netflix, after that post-election adjustment in price has settled down.
NFLX
- Thread starter Phill Twist
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You may be right. However, don't neglect the Trump factor. If he wins, EVERYTHING, is going down, at least for a while. If that happens, I'll add myself to the list of people going long on Netflix, after that post-election adjustment in price has settled down.
Both fundamental info and tech analysis indicate UP ... not down, current downmove is likely to be a temporary correction. Remember that there is short selling restriction in Stock market, this up gap would not have come out unless smart money expect a bull trend
If trading were as simple as fundamentals and tech analysis, we'd all be filthy rich. Earnings to stock price scares the crap out of me. You may be right. Only time will tell.
Are you suggesting that there is some manipulation in their financial information ? something like Enron and Madoff did? or are you merely being pessimistic? there is nothing wrong with their earnings. You have compare them with past information in relative term, not in absolute dollar term. They look healthy and the economy is doing alright. It's definitely UP not down.
Going to 60 , err 80 85 correction, back to 90 errr fading to 100 any day now, ok maybe 115 , ok 120 easy short pile in
It's just going through correction, I will not short this one. The lowest level for the pullback to is not 115 anymore. It's gone up a little bit. It's now 117. One thing you're not aware of is that the longer term volatilises has been steadily increasing since the upgap on the daily chart.
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With GOP control, net neutrality and international expansion a concern. Be cautious moving forward.
This has been repeated the last few days, aftermarket go green, get everyone hyped, jumped in only to get bloodshed, be cautious.
Here comes the random media buyout rumors to try and keep Netflix stock price propped up. Be careful. Could be a slippery ride.
Brean Capital issues a buy rating on NFLX with a $145 price target. Cites dominance in internet TV biz and growth potential globally.