LIke many of the retirees here, I'm long, sell calls, yada, yada, but we've been in a $10 range for 5 years. Isn't it amazing tonight?....Netflix beats a 13 cent/sh loss estimate by a whole 26 cents, and the stock pops $34/sh in 5 minutes!! It will take P&G years to move $34/sh...kind makes u feel stupid.
But, Netflix is a media darling, no rationale on these kinds of trades. Got lucky and bought 90,000 shares of SiriusXm satellite radio during 2008 crash at 50 cents/sh avg, now a 6 bagger at over $3/sh......sold a bunch at $2.50. Will we ever see those kinds of ratios on P&G again like we saw in the 80s and 90s?.....I just picked the wrong decaded to retire from P&G I guess.