Netflix, Inc. (NFLX) Message Board
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Reasons why NFLX is going up from here
Folks, NO stock goes in a straight line up or down. We are now looking at the classic "Fibonnaci" type situation here. 50% re-tracement from all-time high.
Most of those who really wanted to sell did so with these massive volumes as of late.
"New" investors are not underwater but indeed are buying at the 52 week low level.
Showing a little bit of strength in a down day for the overall markets should show you that the sellers are getting "exhausted".
Many, many big money hedge funds are still playing the game here folks. They have a lot on the line with NFLX and if it looks as if the "panic selling" has stopped, they WILL step in and buy for another run in the other direction.
I am not talking about the long term prospects for NFLX (frankly, they do have many problems AND their mojo is probably shot) I am talking about the next 20-40 point move...
it is higher from here folks.
Read the charts here. This was most likely a short term bottom/reversal day.
GL trading-
Must be nice livibg in your world. However, the rest of us know better. Run don't walk from this stock
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you are so, so wrong. I have seen many stocks go straight dow...it's called a death spiral. I shorted netflix at 235 and covered at 135, and though I expect maybe something to 150-160 if the market rallies and we see a little short squeeze that will be very short lived if it even happens. I will take another short via puts in netflix after the fed and will not cover until 50.
FSLR same gameplan pretty much. -
Fundamentals are changed. This is not the company it was at 298 this summer.
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Going up to heaven after it goes bankrupt, dies and the swindlers, I mean management, are enprisoned.
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the only place this Dog is going is UP THE CREEK without a paddle !
- 1 Reply to joe_gbrt
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"The Board has decided to replace our CEO today..."
That's about the only thing he can say to reverse this sinking ship.
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CFO will try to cause surprise at 2:50 Goldman event. David Wills is a very smart guy and will try to repair the damages of the CEO
- 1 Reply to taexpert928
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"The Board has decided to replace our CEO today..."
That's about the only thing he can say to reverse this sinking ship.
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Extreme $ucked brains in usa
state of denial
scamflix is insolvent and scream on
zippo coming up
massive riots in usa coming up too- 1 Reply to singhlion2001
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WRONG on NFLX going back up this week...'Maybe' next week 'some' but they are staying down here and most likely going 10-20% lower after DISH/Blockbuster deal on Friday is announced.
The media will grab onto the Blockbuster new streaming deal where you get NEW movies a MONTH before NFLX does and they only get them on DVD where you can stream them on Blockbuster.
The media will say another nail in NFLX coffin and NFLX stock WILL drop on this.
Mark it! I WILL go to the Blockbuster service and drop NFLX like a hot rock.
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I agree.
The best sign for me is the fact that NFLX goes in opposite direction to S&P.
This is normally the first sign before a huge short covering rally after a collapse. I have used this before with great success. I am will add more stocks if we cross 134. I do not know what happens 4 months from now, but the downtrend must be met with covering soon.- 2 Replies to humbled32
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You my friend are brilliant!
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i usually like that indicator too (in either direction), but I would not be very confident given that the ticker cant seem to hold onto any of its significant movements.
If this were a real rally it would be up 5 pts rt now.
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I agree.
- 1 Reply to global7654
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Any bull headed shorts have certainly been given their opportunity to see that we are going up from here.
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I understand your logic but I can tell you that is not a 100% guarantee. I think you are grasping at straws in an attempt to justify your long position. I wish you luck.
- 1 Reply to dajiggamup
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No, it's not 100% guarantee but it's 90% guarantee. I made tons of money this way. So it works most of the time. Made more money than I lost.
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