Sally Vixxxxxxxxens wrote:
Netflix closed at $226 today. 5 months ago it was at $700. What a drop. You have to wonder if it would be a good buy now. It has a 1Yr. target Est. of $493.
One can only wonder,
I had the same reservations about my PayPal holdings, and sold it when it went back up to $119 per share at break even point. Now that it dropped to mid-nineties this morning, i bought a small percentage back, figuring that it's dropped so much, it can't possibly drop much further.
I will probably be selling my Netflix shares at some opportune point in the coming days or weeks. Probably days.