It isn't nearly as fun and active as the Netflix board.
Mostly everyone there knows CRM will fall soon, but they are confused why it doesn't. It does not seem reasonable that a company with a worse business model than even netflix can be propped up for so long.
Nflx was propped up for a longngngngngngngngngngn time! I think there will be an additional selloff in CRM, the only question, like Nflx, is when. Anyone that can tell you when in just making that up! Just hang in there and do the best you can until it comes! Meanwhile, I hope you are being careful with Nflx -- I think you were long and I don't think it is through going down. It is tenser now, obviously, but if you look at the 3 month chart, the stock does not appear to be going up. Also on that chart you can see the nosedive the stock took on the day of earnings report last quarter.
Yeah, I am slightly long Netflix, but nothing serious. I have some Jan 150 options and have sold some Jan 170 options against them. My total outlay for the spread is $2.10 and it will pay off $20 in the best case scenario. I only have 10 contracts, so we are not talking major cash (2K max loss, 18K max gain)
I want to short the following stocks: CRM, AMZN, CMG I don't know the timeframe for the collapse. I was short GMCR at $100 a few months ago but bailed on it...I missed the boat on that one.