NETFLIX: Short Sell

After the earnings report and the subsequent 19% rise, I decided to short this stock at $119.10. Anybody else thumbing their nose at the stock? Please, tell me why you think I've blundered.

 

your words show an unprofessional attitude.

 

No, its a figure of speech. Come on ....

 

Probably not a good idea to short it today. Wait for $129, which may take a few weeks. I think it will see this level again, and probably lower, but I think it goes up first.

 

I've only slightly waded in. I think I'll add to my short if it reaches that price.

 

yes it is a figure of speech. it also a reflection of a non-professional mindset.

 

You know what they say - buy the rumor and sell the news. Short it.

 

That's sound more logical than shorting it on the first day.

 

Yeah, but watch-out when Comcast announces their partnership with the flixster !!

 

NFLX can be worth $200 or $20. There's a valuation case for both.