greg's not getting a dime from me. i've had to work hard to point out his "sickness" to all the world. his little boofoo buddies (split personalities) can take a hike, too ;-)
hey, GREAT DAY. can't quite figure... then again, i saw no reason for the stock to drop so far in the first place. woe to the sane person in a crazy market...
i've been in this position before. i've seen a stock retreat back 40%. i've seen a stock triple (though they had none of the negative stigma and they hyped, hyped, hyped - even the ceo was on aol hyping).
don't know what is going to happen, but i plan on making money both ways. imho, nfli will not be down for long. anything over a 10% increase in eps compared to last q is a MASSIVE positive for this stock. even to 10% is a BIG positive, imho.
remember, volume was less than 200k. that means that the market makers bought approximately 100k and sold approximately 100k. if the short interest was 600k (reasonable guess), we'll need over 1,000,000 in volume JUST TO CLEAR OUT THE SHORTS!!!! THAT IS, IF THEY HAVE ANY SHORTS LEFT.
if eps is good, you can bet your bottom dollar that MANY others will jump on board with buys and the sellers will be much less inclined to sell... OH, BOY :-)
hey, i hope this stock stays below $15 prior to eps announcement. that way i can take a 100% position in nfli (margined to the hilt - not recommended for the faint of heart!!) and blast off!!!! $20-$25 is very reasonable with an eps of $0.50 or greater...
anyway, i'll take what i can get :-)
good luck and watch this puppy closely :-) maybe the momentum players will come on board :-)
jeff |
