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Netflix, Inc. (NFLX) Message Board

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  • DDU2034 DDU2034 Oct 25, 2011 12:42 AM Flag

    PLEASE HELP ME!!!

    You had never thought the stock would come down this far when you grabbed the falling knife and bought it at $200 range. You kept buying with your HELO (Home equity line of credit) and the lower the stock dropped, the better price you thought you had gotten (dollar cost average).

    The stock will be off another 28% off today's close (very possible based on AH price) if it opens at $85. The is another 28% bargain. So you want to buy more if you had money in your brokerage account.

    How about if it goes down to $50, 40, 30? Would you buy more every time it goes down?

    It won't go down that far, you say. Well when you first bought it, did you predict that the stock would go down this far?

    I feel sorry for you if you did what you say. It is such a pain!

 
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