Netflix (NFLX) followed the script that we laid out in our prior post. As per the prior post, we took advantage of this up move and exited half of our remaining position at $247.00. We will look to exiting our remaining position, based on technicals on further move up. www.thearorareport.com THE
Image via Wikipedia Our long term readers know that we have been a fan of QUALCOMM (QCOM) snapdragon line of processors. An upcoming version will allow direct streaming from Netflix (NFLX) to mobile devices. At present, Netflix content can be downloaded, but not streamed, to mobile devices. This development also
We are sitting on almost 125% gain on our remaining Netflix (NFLX) position. In a prior post, we mentioned that the next resistance is around $225 for Netflix . Today, we were knocking at the door of $225. After the close, there is news that the famous Netflix short Whitney
As per the prior post, earlier we sold 90% of our $NFLX position at $183. After the earnings, at this time the stock is trading at $201. Key driver of the stock’s up move is short covering prompted by rise of subscribers to over $20,000,000.00 . First resistance is around
Image via Wikipedia Netflix reports earnings after the close today. The risk of large price movement in both directions is high. NFLX can easily fall 50 points or go up 30 points. We will stick with the discipline of the ZYX Change Method , and not let our substantial gains disappear.
Amazon.com $AMZN today bought the shares it did not already own in Lovefilm International, a subscription-based streaming film service that operates in Europe. Our positive thesis on NFLX was based on becoming the first to proliferate streaming movies. As others enter the market, high flying shares are likely to come down.
In the recent past we have been negative on NFLX due to our view that online streaming video will make Netflix obsolete. There is a big change at Netflix. It is likely that NFLX will become the first major player in streaming video beating the like of Google, Apple and
In the recent past we have been negative on NFLX due to our view that online streaming video will make Netflix obsolete. There is a big change at Netflix. It is likely that NFLX will become the first major player in streaming video beating the like of Google, Apple and
In the past, we have been negative on Netflix. Now our thesis has changed — there is a distinct possibility that NFLX may become the first widely accepted source of streaming movies. If this comes true, expect a massive short squeeze and a double . Buy right here around $101.
This post is in response to several emails that we have received regarding our earlier short sale on $NFLX (Netflix) and $VECO (Veeco Instruments). Shorting high momentum stocks, especially those with high short interest is fraught with risk. Therefore, only those with significant short selling experience and experience applying technical