When Reed was making dumb comment after dumb comment I lost a lot on that long trade. NFLX is a fun stock to play with. I made some on my bet it would hit 190-200. But I will never make back what I lost when the stock went from 250 to 70.
Early in my daytrading career I lost nearly 200K one morning because I went to the bathroom. Wiped a month's earning.
There are two rules. One: Try to hold it. Two: Do not ever short bare with a proven jumper like NFLX.
Didn't you look at the chart!