Will do. Point about NFLX wasn't the drop -- stocks go down and it's almost always stair-steps up, elevator down. It was that literally just days before ER CNBC put an analyst on TV crowing about $600 PT. How many millions of dollars did that person lose for the total viewership of CNBC and other outlets that carried her advice?
You read an analyst report from Goldman saying "we like apple going into the fall, you should buy apple." This is back when Apple is $500-600 a share. That's just the worst advice. You know what would be a lot better for a small investor? If you're bullish on Apple, go buy the at-the-money call spread. It will cost you a fraction of the share price and let you capture $5, 10, 20+ in upside if Apple moves up (depending on how much you want to pay for the spread). Anyway, this is obviously a subject I'm passionate about :)
Congrats again, guys. Enjoy the spike today, HN front page is still the 52 week high on all of our traffic charts!
You read an analyst report from Goldman saying "we like apple going into the fall, you should buy apple." This is back when Apple is $500-600 a share. That's just the worst advice. You know what would be a lot better for a small investor? If you're bullish on Apple, go buy the at-the-money call spread. It will cost you a fraction of the share price and let you capture $5, 10, 20+ in upside if Apple moves up (depending on how much you want to pay for the spread). Anyway, this is obviously a subject I'm passionate about :)
Congrats again, guys. Enjoy the spike today, HN front page is still the 52 week high on all of our traffic charts!