People's opinions on stock and markets are alwyas wrong: only facts can prevail..
I won't argue that point, however a fact only becomes a fact after an event/action; i.e. historically.If it is an unknown until it occurs, what you're saying defines all market decisions as speculation, no?With regard to NFLX (and others, I'm sure) there is an issue with some people (insiders, MM's hedgies) having more FACTS on which to base their decisions...giving them a higher likelihood of success.Ultimately big money creates a very uneven "playing field."
The fact is NFLX is on uptrend.You say its overvalue, this is personal opinion.Don't know what are opinion and fact??
Please tell Me the facts as you see NFLX. The only fact I see it's just way over priced. But I wouldn't suggest shorting Unless you know Ben Bernak personally