Thanks, but I am constantly cashing in for profits. I have a long position and a trading position here. Good luck all.
LOL! I picked up some in the $6s and sold at $10 and now back in in the $8s and will back the truck if I see them in the $5s to $6s again. You know nothing!! NOTHING! LOL
LOL! Yeah, Ok, 52wk high is already $844, and this stock will skyrocket come earnings. Better get some of those MAY calls down here, BEFORE EARNINGS IN APRIL, and add to them if they go lower. YOU SAD SHORT CLOWN LOL.
That works for me too! But, I am always ready to reload on calls cheaper on pull backs. Never 100% in or Out.
I make less profits being 1/2 in on run ups, but when dips come and I am able to load low and sell higher, it's a huge gains!
I agree, you need to be very careful with shorting or buying PUTS on CSTR. But, I did take some gains on Friday and some today on my call at CSTR, but I'm still holding some, and I have some GTC buy limit orders set in case it dips further.
However, if you can catch the calls lower on NFLX as this pulls back, you will make some nice gains on the next gap up!
THE MARKET IS STILL NERVOUS UNTIL WE SEE THE RESULTS OF THE ELECTION IMO.
The only time this stock ever really pulls back is when someone downgrades, and then the affect is only temporary when they see the downgrades come from admitted shorts.
Listening to downgrades is what got shorts on AMZN hurt.
NFLX is even more dangerous because of the low float and lack of available shares out there.
Well, I made the long money on NFLX a long time ago, but constant profits come from me buying the big pull backs and selling the big upswings.
Last night when AAPL beat earnings, I initially thought that NFLX would soar today, and it was good for pop trade, but after I saw today that even AAPL could not get any traction with all the bad financial news out today, I figured that NFLX might be punished with the rest of the market.
So, if NFLX fundatmentals does not support it being higher, then why would the market being up have it up some much today.
Why not up maybe $2-$3 instead of $11? lol
Thanks for the easy profits on the dip as usual.