The piece caught the attention of short-selling firm Citron Research: “With mkt cap up $17 BIL in a week and short interest. at 10 year low. Citron thinks the stock can be shorted back to $300. Content spend unsustainable long term.”
Citron means stock drops that helps me (us) to pick up. If it comes down below 300, sure I am into it as I see lot of tax benefit from now on for NFLX foreign earnings (taxed at 13.125%).
F10 … .+32.50% About the same as last week
AAPL…+10.25% Drop a little
TSLA…-7.03% Continue to slide
NFLX…+90.55% Digesting gain
mCap…-17.13% Nobody like liquid metal
sCap… +28.10% 4.4% behind F10
Since purchase
6 FB - green
6 BABA - green
25 TCEHY - green
6 NVDA - green
5 BIDU - green
1 TSLA - red
6 NFLX - red
1 GOOG - red
1 AMZN - Not acquired yet
Net green $300+ since purchase so can afford a good dim sum lunch.
Gain about 2.8%
Any1 dare to BTFD?
Most F10 breaks below 10-day SMA, some going down to 50-day SMA.
E.g. FB breaks below 50-day SMA and briefly breaks below 200-day SMA.
It’s honestly not much of a dip given the recent run. I may add to FB once it goes back above the 200-day. It’s not bad to add to stock positions on the dip, but I wouldn’t initiate option positions on it.
Just to tickle him… he loves that. He performs better with some tickling
Remember he claims that both FB and AMZN would overtake AAPL’s market cap within 4 (or is it 5 years?), today both declines more than AAPL. Hard for him to win. Even if he wins, my hedging can pay for it. So he wins, I win. He loses, I win. Regardless of outcome, I win. The new purchase of 6 FBs is GREEN.