NFLX up 7.6% but what about results?

Discussion in 'Stock Market Forum' started by Onionman, Aug 5, 2015.

  1. Onionman

    Onionman Senior Investor

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    NFLX hit record highs again today and it just seems to do no wrong. Maybe until today... Well, it's reporting so I wouldn't be surprised if we see a pullback based on profit taking.

    Notwithstanding what comes out in the results, anyone still see value in this name?
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I sold out of what little I had left several months ago. I bought in at $79 in late '12, sold some above $300, sold more in the mid to upper $400's, and sold out above $530.

    I have a put option on it. It's way overpriced, and just running on momentum and euphoria IMO.
     

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