Joe Springer's  Instablog

Joe Springer
  • on Retirement
Send Message
It is very hard or impossible to time the broad market consistently — there are no famous investors that got rich by consistently knowing what the broad market would do next. This only makes sense, as there are just too many variables in the broad market. But there are many famous investors who... More
My company:
My blog:
The Wall Street Exclusive
  • Log Up And Line On To Netflix 8 comments
    Oct 25, 2013 2:19 PM | about stocks: NFLX

    Netflix's chart tells the story of a stock that has been basically flat with two huge surges:

    (click to enlarge)

    Or does it? Let's look at NFLX's chart logarithmically.

    (click to enlarge)

    If you have $100 and gain $20, you have a nice gain in percentage terms. If you have $1,000,000 and gain $20, you do not have a nice gain in percentage terms.

    Looking at the (Captain's) log shows similar percentage moves visually the same. A 10% move in 2004 looks the same as a 10% move in 2013.

    And knowing is half the battle.

    Stocks: NFLX
Back To Joe Springer's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (8)
Track new comments
  • snortinnorton10
    , contributor
    Comments (12) | Send Message
    G.I. Joe!
    25 Oct 2013, 02:36 PM Reply Like
  • Joe Springer
    , contributor
    Comments (2650) | Send Message
    Author’s reply » Exactly!
    25 Oct 2013, 02:37 PM Reply Like
  • Bio Bull
    , contributor
    Comments (252) | Send Message
    You should end all your blogs like that! Great cartoon but the movies are so-so.
    25 Oct 2013, 03:00 PM Reply Like
  • Joe Springer
    , contributor
    Comments (2650) | Send Message
    Author’s reply » That's a great idea Red Bull! I've been shopping for buzz phrases, but nothing is sticking.
    25 Oct 2013, 03:07 PM Reply Like
  • petethepanzer
    , contributor
    Comments (1055) | Send Message
    the pe ratio is worth checking its quite high


    also the debt is in the billions for netflix
    25 Oct 2013, 10:16 PM Reply Like
  • Joe Springer
    , contributor
    Comments (2650) | Send Message
    Author’s reply » It's a deep value play Pete!


    I'm neither bull nor bear, it was just a good example of the log chart.
    25 Oct 2013, 10:25 PM Reply Like
  • Dennis R. Mahon
    , contributor
    Comments (449) | Send Message
    How far is The Old Log Inn?
    26 Oct 2013, 12:35 PM Reply Like
  • vireoman
    , contributor
    Comments (1266) | Send Message
    "And knowing is half the battle." Kinda portentously Shatneresque, don't you think. How about "Shazzam!" I don't think anyone lays claim to that one anymore. Speaking of GI Joe, I wonder what business whiz figured out a way for boys to be able to play with dolls (!!) and still feel 'cool' about it. (I was one of them).
    28 Oct 2013, 01:14 AM Reply Like
Full index of posts »
Latest Followers


  • $AMNF $3.8 million cash at end of Q1: Should be able to fund expansion
    May 27, 2016
  • Look $MIK vs other brick&mortars Retail selloff is buy in Amazonprotected MIK 16.3 PE DivCatlyst C
    May 11, 2016
  • $ADMP Adamis License Agreement with Allergan plc Subsidiary for Epinephrine Pre-Filled Syringe Carlo is a dealmaker
    May 10, 2016
More »

Latest Comments

Most Commented
  1. Fire Away ( Comments)
  2. I Am You See ( Comments)
  3. What Is Tonix Worth? ( Comments)
  4. Hooked On Tonix ( Comments)
  5. Seattle Super-Tonix ( Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.