Netflix

Anyone making a play on this after they raised subscription fee?

 

I'm thinking about it. My thoughts at the moment are to wait for it to drop some and then go long.

 

I've been in this baby since $53 in my IRA and don't know whether im brilliant or stupid for holding this long . 85 P/E lol ..

Seems like the late 90's all over again with this stock haha

 

Since $53....NICE!!!

 

I am going to wait, for a pull back before I start buying up the stock at certain support area's, for swing-trade opportunities. I think netflix has a strong business model, but I don't think the valuations make sense. Doesn't mean I'll short it, I'd much rather buy weakness than short strength.