Netflix, Inc. (NFLX) Message Board

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  • gary012003 gary012003 Jul 1, 2010 11:47 AM Flag

    You shorts still waiting for $85 before you cover?

    i covered 50% and will cover next week or so.


    Nice return in 5 days...

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    • Well, in this market you have to make the money where you can.

      Although I am a NFLX long, I am also a trader who is more in love with my profits than I am with the stock.

      I do not short though. I buy pull backs and sell the upswings.

      When the entire market is sick it is no fun to go after each other with some of the jokes we usually tell.

      I remember when we had the recession, it took me longer make my gains, because stocks kept going down and I did not get the bounces that I wanted right away.

      Of course patience is the key and I made a mint, but what really upset me during those times is when the shorts were not just happy with a short here and there, but they were cheering for a market melt down. Which is bad for the overall economy.

      Why cheer about making money on a short position, when your 401k, IRA, and house value is falling?

      GOOD LUCK ALL!

 
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