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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 104.35-1.2%Nov 21 9:30 AM EST

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To: The Ox who wrote (596)9/27/2011 12:14:44 PM
From: The Ox  Read Replies (1) of 2280
 
The stock is performing as expected. Over the past week/5 trading days it gaps up or runs up in the first hour of trading each day --to trap all the new buyers-- then the slow grind down for rest of the day (with the occasional run up and fade into the close). This has been good for a minimum of $5 down each day and $11 yesterday!

My guess is we see a newer short term low soon....but that's just a guess....

As I expected, it cratered as soon as it got near 138.
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