this pig is backup for a short if the news doesnt pan out, waiting for the apple news at 1pm. Think some alliance between apple tv + netflix. If that's true, then expect netflix to continue run up bit a higher. We will find out soon. what a ride
Yikes, shorts be hurting today. Will probably re enter a small position here, but busy reshorting CRM with free cash at the moment.
This company is so overvalued, do you have any idea how crowded the paid subscription movie base is, how many companies are starting web based and set top box services to bring movies to your 102" LCD big screen tvs. This stock is soaring now but in due time many will wish they had taken profits. This stock is extremely overvalued.
i cant believe this thing jumped almost $10 just because the new apple tv will include it. wtf...it's already included in ps3, roku and a bunch other players. What is the big fucking deal. Too risky to short, momentum seemed very strong for this pig. Lets see if it goes down tomorrow, or another gap up.
short term, there might be more upside but long term stock going back to $75 so buying Jan12 140 put. easy 100% gain
I'm just sitting here feeling like an idiot for buying at 100 and selling for 112 a week later- I'm hoping to buy for under 110... *crosses fingers*
stop hit at 146. -$4000. Yep this is me, trying to catch a top and getting owned. Still have my eye on nflx waiting for the momentum to fade, 145 was a key level, will see what happens in the next few weeks.