$NFLX big bounce like basketball bounced and left alone bouncing. Going to try and keep up today with the roller coaster. Up $126 low to $122
Here is the free trade for $NFLX. 14% return easy or 227% at 120, 161% below 119. Sometimes we take bigger risks!
I've covered about a third but continue to stay short $AAPL $BABA $FB $NFLX. See no reason to change stance and I expect all 4 to go lower.
Found this aricle, any thoughts ? http://seekingalpha.com/article/3754656-netflix-is-positioned-for-a-major-stumble-in-2016
$NFLX HBO received 126 Emmy nominations and $TWX has major video game publishing unit plus IP up the yin yang yet similar market cap?!
$NFLX either this is waaay overvalued or $TWX is seriously undervalued, but no way in hell these should have similar market cap.
$NFLX expect a strong initial pop to be met by an even stronger sell-off. Hoping to get below 120, then 114