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Netflix, Inc. (NFLX) Message Board

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  • wordjitsu@ymail.com wordjitsu Nov 15, 2012 3:19 PM Flag

    Upward Consolidation

    Consolidated securely at top of 75-80 range. Netflix rocket fueling on $80+ launchpad. All this in a murderous broader market. I'm no expert, but were I short, I'd cover promptly NOW. Don't risk an end of week rally to push this 3 to 4 points higher tomorrow (bucking opex), or some AH or pre-market takeover news to zoom this 5-8 points into the stratosphere, or some Monday news like a BID @ 120+. Heck, by Monday morning the market will realize the sky isnt falling re the "fiscal cliff" and that, along with opex out of the way, will send this 3+ points higher.

    Sentiment: Hold

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