Replies to post #58754 on Rags to Riches

[BlackThought]

overvalued = a P/E of 75+

[Losingmoney]

I have been telling Insider we should short NFLX, it is a technology that will not remain on top too long, why? Because the internet is about 10 years away from streaming blueray quality, REDBOX is at every corner for a buck fitty, I can get a blue ray movie, lol


It ran too hard to fast, the PE is stupid, and where is it going to go from here, I mean technology wise? At least Goog n appl continue to break the boundaries of technology.

I also shorted BKS last week, lol, another technology that is dead, I mean "no technology". AMAZON will move up and up as classrooms, government training, etc. goes to Kindle, cheap, easy, will replace all books.

Nebs, your a tree hugger right? You should see that paper books / newspapers are done, writting is on the wall


Losing