Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 105.66

-3.9%

Nov 20 3:59 PM EST

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To: J.B.C. who wrote (817)	1/23/2013 8:07:50 PM
From: SARMAN	1 Recommendation of 2280

good news, I own 200 shares of this one. Banked some the last time around but not soon enough. Will be more diligent. Kudos. We shall see what Ichan (sp) will do, he almost doubled his money. However, NFLX is for trading and for the hope that company makes money in the future. That space is getting crowded. Bad news is I own 30 shares of AAPL. My wife wouldn't let me sell it. 8^( Your wife is a smart woman. If you have the chance, you should add more to your position. AAPL p/e is less than 9 times, fundamentally it is a better buy than NFLX or AMZN. Give the market time for the dust to settle. I will switch my short position to long when it hits around $445. Technicals win every time. We are in an Eiffel Tower effect, it needs to workout the fluff that been building for the last 3-4 years. Once everyone is out of AAPL, the stock will take off again.

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