Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 106.30

-3.3%

2:02 PM EST

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To: J.B.C. who wrote (864)	2/12/2013 2:03:11 PM
From: SARMAN	2 Recommendations Read Replies (1) of 2280

JBC, I am sorry, I did not mean to offend. As for the market, I am negative on this market. A market that has been propped up by fiat money is worthless. Of course that is my opinion. However, I do not trade my opinion, I trade the tape. The tape is telling NFLX is exhausted and has no business being in the nose bleed section. It belong in the $80 range and I am being very generous. Are there shenanigans on wall street? Of course there are. I will not doubt that in few weeks time you will hear that Ichan sold his shares. Us, small investors are the last to know. These boards are here for all to benefit from each other's experience. It is okay for people to criticize a company or discuss the pitfalls that lay ahead. After all wall street does not want you to think of the pitfalls until they sold out and does not want to think of the opportunities until they had their fill of shares. Do you recall the day the news came out that Ichan bought almost 10% of the company. The stock only reacted after the news not when Ichan was buying. Does it make sense? Don't worry about me, I make money on the way up and down. I let the tape dictate the direction, not my opinion nor my emotions. Again, I am sorry if I offended you. It is okay to be paranoid when dealing with Wall Street crooks. seic.com

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