He's right and as a 29 year holder of shares I'm sick of watching this stock go lower virtually every day no matter what markets do.
Now it has separated from the market telling me this is just a short squeeze push.
This is a bit nuts each time it gets mentioned on TV it shoots higher. The machines may be keying on any positive talk throughout the day also.
Market green T red....Market red T red. Verizon does not act this way and you can not blame it on current rates or the Fed rates are historically low. AT&T needs to stop chasing Sprint and T-Mobile and their hysteria. If you believe in you technology and your business model none of that should matter.
I'm shocked that he is not cheerleading and actually is cautious on the shares. NFLX should give Maheney a big chunk of cash and pom poms after the cheerleading he has done the past few days.
I have Schwab their service is good but nothing surprises me with any broker they are all in it for themselves like every financial firm. Wolves of WS.
Got a little at $543.75 & $546.50 just for a trade I figure there has to be some profit-taking at some point today maybe to the $530 area if not I run and cover.
The market looks at NFLX like they looked at AMZN for a long time. Not profitable but large growth numbers someday the market's attitude will turn on NFLX the way they turned on AMZN last year but for now it's a great money maker to trade for the big guys.