Netflix Inc (NFLX)

[Just1MoreUpTick]

Agree 100%. My point is & was that a stock is not valued at what some retail trader spews, the markets will decide the PPS...

If retail traders listened to every person (pro or hobbyist) that told them a stock is not worth its PPS, a lot of money would've been lost.

I work with an elite local financial group, their experts will go on long discussions about companies/markets and end with, "but what do I know"

Everybody on the planet told me NFLX was a dud at $8 share. Gee, sure wish I listened to those clowns, err um, I mean experts

Well, since the double tops in June and July, the market is saying NFLX is worth less and less. After the parabolic move up to the double tops earlier this year, rallies have not been able to break the neckline of the double top. In otherwords, the market has rejected higher prices resulting from those rallies to the extent that share price is now below the 50 day and 200 day moving average. Therefore, one may very well say that the market is in the process of adjusting (for whatever reason) the value of the company to be worth less -- not more.