Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (3188)	12/29/2004 6:51:16 AM
From: Walkingshadow	Respond to of 8752

Hi John, I know a lot of folks share your views. I think Greenberg has written about NFLX a lot in his column on Marketwatch. I have not done much homework on NFLX. But from a purely trading perspective, looking at the chart, I would not want to be short right now. 139.142.147.218 I think there's a good chance NFLX will make a run for the upper BB rail ($13.32) soon. Besides, I like short positions where there is as little short interest as possible. With NFLX, the risk of a short squeeze causing a horrendous drawdown in a short position is just far too great for my liking. Also, big short interest stocks tend to attract mo-mo traders if the float is small enough, because they know if they can walk the stock up and squeeze the shorts enough they can sometimes really get a pop out of the stock. T