Midnight Trader

Midnight Trader
Contributor since: 2008
Company: MT Newswires
According to MT Newswires, history indicates NFLX will trade over $415 tomorrow based on our history of similar reactions both after hours and next day on similar results in the past.
According to MT Newswires, NFLX typically goes up an additional 8% on average following a positive after hours reaction to earnings. $400+ is likely based on history alone.
Thank you for your comments. Our MidnightTrader Pro clients are enjoying another day of big profits on the back of RIMM.
Best to take your position after hours when we make the call.
went lower genius.
sure. hope it helps.
Thank you for your comment.
You should be buying it before the open.
The stock is falling as predicted, now trading at $46.68. History tends to be a very good guide with respect to earnings reactions.
Thanks for reading!
Hi Paul - We have research like this on all US listed companies as part of our MidnightTrader Pro service: www.midnighttrader.com...
As you can see from the price action in WMT since the article was posted on 11/12, shares have fallen as predicted.
On Nov 12 01:44 PM Jake Huneycutt wrote:
> I'm not exactly sure where you are hearing masses of people suggesting
> that a company is "too big for its stock price to go down" --- especially
> right now. It sounds as if you are arguing against a ridiculous
> straw man.
>
> There's definitely a case to be made that Wal-Mart's stock is overvalued,
> but I don't get the point in this article. We're in the midst of
> one of the worst stock market crashes in history and nearly the entire
> market has gone down --- who on Earth is arguing that there are companies
> "too big" for stock market price declines?
>
> The only reason Wal-Mart has been semi-immune thus far has less to
> do with "being big" and everything to do with being in an industry
> that happens to benefit from a recessionary environment --- groceries.
I'm certainly not saying WMT is going to or even likely to go bankrupt. The message here is that there are no sacred cows in this market and in this economy. Stock prices can fall dramatically without the underlying business going out of business.
Too many investors have forgotten or simply ignore risk because its "too big to fail" or "too big for the stock price to fall". I urge investors to rethink risk.
On Nov 12 09:44 AM Jake Huneycutt wrote:
> What do you mean "is Wal-Mart too big to fail?" Are you suggesting
> that Wal-Mart is going to go bankrupt? And how do you jump from
> Wal-Mart missing earnings expectations to Wal-Mart being on the brink
> of bankruptcy?
>
> Wal-Mart may be a little bit overvalued; that's certainly arguable,
> but I'm baffled by the comparison to Circuit City.