Sergio Vieira, President and founder of Beyond Trading Corporation, the world leader in Live Trading and Professional Traders Education established in 2003, in the opinion of subscribers the best trader in the world, recently reiterated a Strong Sell in Netflix (NASDAQ:NFLX) at a price of $270.
Netflix (NFLX) was one of top long picks at Beyond Trading up to $301 when Sergio Vieira recommended to reverse positions to the short side long term.
I truly believe investors in Netflix, in particular Wall Street crowd such as Goldman Sachs and retail investors are complete idiots. Furthermore, you had that American clown Cramer inviting retail investors to jump on the momentum wagon. In Netflix we had the best formula for a crash, all the idiots were in. Netflix management sells a commodity, nothing else. On the contrary Beyond Trading raised prices because it sells value. Only an idiot does not understand the difference. Goldman Sachs is a "hidden" scam!
Vieira, Beyond Trading
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