Nflx.

nope sold mine this morning that I bought at $80 thought it was overpriced at $80

Quote from travfar : I thought NFLX peaked out AH after earnings when it it $125. 2 days later and it's pushing against $170 with a 580 P/E. Do people really think it'll grow earnings by 3000% to justify the current price?

Earnings and P/E have nothing to do with it. Individual stocks like these are emotion only at this point.

Short squeeze anyone?

Quote from travfar : I thought NFLX peaked out AH after earnings when it it $125. 2 days later and it's pushing against $170 with a 580 P/E. Do people really think it'll grow earnings by 3000% to justify the current price?

No, because they don't care because it's irrelevant. Talk comes at a premium on Wall Street. Look at all this chatter about Ichan. The algo's will accumulate and accumulate far beyond any rational comprehension. The fun part is when it's exhausted and they dump even faster.

It's a fun stock to trade, I'll say that. Think I owned it almost right at the bottom at one point, like $53 and change and rode it for awhile. No one can predict these things because they're impossible and it's not supposed to make sense just to drive you nuts.

There's still a 25% short float on it so it could run and run and run. Hop aboard.

Wow, I was just looking at NFLX half an hour ago thinking to myself "WTF is there something I missed here?"

Quote from SP33DFR34K : Short squeeze anyone?

+1
Typical short squeeze. I think the short to shares outstanding ratio was 25% before earnings.

http://en.wikipedia.org/wiki/Short_squeeze