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Thursday, February 26, 2015 6:33:42 PM
Will you all indulge me by listening to this story? I started stock trading in 2005 and at the same time I became a Netflix customer. I thought what a good company, I should buy the stock. I watched Cramer religiously and he recommended against it. It went up. Cramer badmouthed it still. Years go by, and I tepidly bought it and sold at the slightest tremor. I made a few thousand dollars on Netflix over nearly a decade buying and selling. If I trusted my own judgement I would have been in at $18, and now its $483. Would I have retained it this long, who knows, but I would have at least been in. I think many of us on the board now are chomping at the bit to sell and get all the cash. To be honest I plan on selling a toehold for some cash as well. But this stock, this growth now, is just a start. There will be stumbles, look at Netflix's 10 year chart, but stay the course, use this as an ATM when you need money. Get in and put more in. This is our boat coming in! Thanks for listening.
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