WAit till if gets closer to its all time high of $300, then short. Market is repeating 1999, so all these high flying bubble stocks could rise 25 even 50% more before crashing back into the double digits. NFLX will be a screaming short like a few years ago.. just gotta wait out the euphoria first.
NFLX It went up big because it had a blowout quarter. This is a growth momentum play you Idiot. AAPL on the other hand lowered guidance so it deserves to be were it is. It will never drop below 220 until it hits 245 plus. Mark my post. I hope you dumb fool can analyze a chart.
Ah, NFLX missed earnings and lowered guidance. They only beat if we ignore the expenses of refinancing its debt. Does anyone wonder why they had to spend so much money to get so little? They spent over $25 million to get a net $175 million in cash, that should make everyone a little nervous. Clearly no one cares, but that is the facts. Did you know they have increased shares outstanding by 13%? I'm not telling its not going to $300, I am telling you people are ignoring reality.
What Hastings has here is a golden opportunity to issue new shares to dig himself out of a cash flow crunch...its a game of chicken as to when he pulls the trigger.