Once it gets up to the $205 area (gap fill) I will be shorting it. That's easy money.
Earnings and P/E have nothing to do with it. Individual stocks like these are emotion only at this point.
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
nope sold mine this morning that I bought at $80 thought it was overpriced at $80
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...
Wow, I was just looking at NFLX half an hour ago thinking to myself "WTF is there something I missed here?"
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...
