Seeking Alpha
  • Joseph Poma
    $NFLX price action is verifying a short position.
    3/22/13
    Reply (17)
    • Zeus2012: Why in the world would you short a momo stock like NFLX when the Fed is pumping in $85 billion a month?!!
      3/22/13
    • Joseph Poma: $NFLX WAS a momo stock from September thru its most recent earnings, gaining 160% during that time period. Been DEAD since then. OVERBOUGHT
      3/22/13
    • Zeus2012: I think you said the same about LKND when it's at $125. It's up another $57 and may be closing $200 soon. Bubbles are not rational.
      3/23/13
    • Zeus2012: DON'T SHORT IT! If you're going to do it, wait for the stock to cross $300 on the next gap up first.
      3/23/13
    • Joseph Poma: So, Zeus... Still think NFLX and LNKD are MoMo stocks? lol
      4/3/13
    • Zeus2012: Reality check: LNKD and NFL are still above $165. That's 35% higher on LNKD versus where you recommend to short. Do some math first.
      4/3/13
    • Zeus2012: By the way, why are you not short NFLX and LNKD instead of just posting if you're so "convince".
      4/3/13
    • Joseph Poma: First off, if you check the date and time posted this comment, March 22 around 3:30, NFLX was trading @ 180 so you should check yourself.
      4/3/13
    • Joseph Poma: Secondly, I do have short positions on.
      4/3/13
    • Zeus2012: Good luck on your NFLX when this beast goes above $200 (like by the end of this week maybe).
      4/3/13
    • Joseph Poma: Hmm... heard you say that before and it's only been green for me.
      4/3/13
    • Zeus2012: LOL. It only dipped below $180 yesterday afternoon. Yes, you are in the green for one day so far.
      4/3/13
    • Joseph Poma: See, now if I were a day trader you would be right, but as a swing trader I'm making money.
      4/3/13
    • Zeus2012: Guess we'll see where the stock ends up by the end of the week.
      4/3/13
    • Joseph Poma: I love your short term thinking, it's cute.
      4/3/13
    • Zeus2012: Yeah, Whitney Tilson said the same thing to one of the poster a few year back when he shorted NFLX too.
      4/3/13
    • Zeus2012: Stock just traded over $200 in AH. Hope you've closed out of your position while you were still in the black. LMFAO.
      4/22/13