I guess this will be a $300 stock after the close!!!! Seems every time this company announces it only moves higher!
NFLX: 20% short interest. Whatever price does when they announce, just buy it. Even if you endure a 30% drawdown on the trade, it will be making new 52-week highs within a week
Now I change my mind. I say by tomorrow close it will be down $30. I have no position on NFLX and never traded that. Not my cup of tea.
I apologize to everyone who bought NFLX when they announced earnings last month. You had to wait an extra 3 weeks for that new high