If it's not easy I'm not doing it. I trade my butt off and everything else requires simplicity.
News says that in 2017 Netflix will be out from under a lot of debt and that fits a good timeline. In the meantime, Hastings keeps some very good company.
Facebook was the perfect solution to the nerve-racking plan and last ditch effort of trading companies for a living. As luck would have it, it was the ideal company, no dreaded production line beholden to interest rates. Thousands of other ideas would have been better, easier to grasp than some guy's dream which at times admittedly sounded like a big pitch or a bit delusional. Last year my accountant said he wouldn't ever touch it and he's satisfied to make a commission off my FB trades. People get agitated over the chart and think that the amazing trend must be running out of steam, but Zuck and Co. just keep poking and stoking. If I were you, I wouldn't get excited about catching the top of some downtrend which could be a delusion on your part, because after all it would carry a pretty hefty pricetag. Did I mention that it's Christmas every day?
I never saw Netflix until this year and as a trade have just liked the swings, but the projected top is pretty close.
When the board changed you said the link existed and I finally found it today. I just want to say thank you.
Today's news agrees with you and says we're sitting on the first trillion dollar company, about a triple from now!!!
In 4 1/2 lines that sums it up. I've been looking at projected growth percentages and so far MEET is ahead by far, but the runway isn't there. NFLX has a long runway and is gravitating from DVD to streaming - adapting all over the place with FB having the greatest potential of them all. If that's true and I believe it could be, then having any at all is amazing luck.
All of the points made in this thread ring true. To add another visual, the indicator "volume to price" 4 year from Stockcharts is good. Although volume has been shrinking the long and short positions are basically consistent and the ratio might be increasing for longs. That's my take anyway.
You bring up percentages, have you noticed the monthly volume? Coincidental maybe, but since that split was announced volume in comparison is worth a mention. Volume has dropped eighty percent since the first of the year and hugely in a month. Has it just been absorbed?
itself this earnings.