FROM AN 86 YEAR OLD TRADER.....
When will you people learn that you cant accept as gospel everything that comes down the pike, this is
a most heavily traded stock and you are up against professionals. Do you think GS would spend one
dime of their capital investing in a stock at over 500 times earnings? Is it to their advantage to have us
believe it is going to 184 while their trading dept shorts it?
Did Hastings say how many cancelled after the trial period. He is one smart dude, but stock was made
for trading, not investing and you notice how close he times his release with those of GS. I am sure they
have made him a millionaire many times over. Have you noticed how the stock is manipulated each
week according to the nr. of weekly options at any given price.
The way to short is to sell the Jan2015 190 calls and collect some good time premium as well.
The stock may make a run up to 180 if they have a good quarter, but then the majors will take out the
amateur shorts and reality will start to set in.
The Old Trader who cant quit.
What roll is that exactly? The $5.6B in off balance sheet obligations on the road to insolvency roll or the one where they do a secondary to try and fix that roll?
Your idea of a roll is that the stock price went up, i.e. greater fool theory,
Sentiment: Strong Sell
Amen to that. Bright sunny outlook right ahead of the summer. Everybody I know now had Netflix for years and continue to enjoy it. We'll see nothing but more paying subs. $$$$$
Sentiment: Strong Buy