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Saturday, July 19, 2003 2:44:54 PM
Truthfully the signal to noise ratio gets out of hand every so often and then settles down some. It was terrible at times in the early days.
I think it is just a reflection of very nervous shorts. The short interest is huge on NFLX. And the stock is not over valued. The argument for shorts is hard to figure - it can only be on general terms like "This sucker can't keep going up". And if you read TA books you would know that that is not the argument for shorting a stock and often leads to continued losses for shorts.
We're due for another short squeeze on NFLX and I'm looking forward to the post options rebound next week.
Clack
long Netflix
Recent NFLX News
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