NetFlix the SHORT of the YEAR

AWS tells me on the grounds of valuation NFLX is only worth 33 billion! (current market cap 148 billion). 115 billion to be made for shorts! Go figure the time has come to bet the farm shorting NFLX...closing price $338.68, fair value $119.11...

 

When market is at record high, you will start to see many traders very eager to short the stocks.

Nflx has trending up strongly. Now it is ranging.

are you doing swing or day trading?

I don't see good strong point why you should be shorting Nflx unless you want to
do counter trend trading.

 

Earnings on 1/21, too much competition

 

If only I traded stocks. Abandoned manual
Trading years ago. This trade makes sense. BUT... I know how to put stops on commodities, no clue how to do it on equities.

 

Check out my meme stock thread where I called NFLX short just before it tanked. You shouldn't randomly say "BIGGEST SHORT OF THE YEAR". Wait till the "pro boy" start seeding the bad news.

https://www.elitetrader.com/et/threads/meme-stock-strategy.332268/page-2#post-4866107

$TSLA bottom called within days, $NFLX top called within days. I traded $TSLA down but not up.

dozu's pro boys really do make it easy sometimes.

 

more money in equities, the equity game is not a zero-sum game like commodities

 

Not QE is going on until August.

 

Absolutely but my focus is commodities. Plenty of money there as well to be made, but it is small when compared to stocks for sure.

Perhaps one day.

 

$250 price forecast after earnings call on 1/21

 

Is this a guess or is this somewhere in the news?