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Netflix, Inc. Message Board

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  • gary012003 gary012003 Jun 30, 2010 1:21 PM Flag

    NFLX - Hold or Sell??

    You should sell:
    1. Cut loss short
    Any buy incurring over 5% loss should be trimmed by at least 60% on position;
    2.Overall market is in downtrend;
    3. NFLX chart pattern is seriously damaged, topping out.
    4. Also, analysts downgraded NFLX, meaning its business may be flatting out or deteriating.

    Of course, you can hope and wait, but the chance is no in your favor...

 
NFLX
121.15+8.59(+7.63%)Aug 4 4:00 PMEDT