by Gavin M.
First and foremost, you all know I am a big bear. However, in the last two days, I have been bullish on the markets and on NFLX because it's simply the right thing to do. I chose to make money than be proven right. I cannot believe I am saying this but FatMan Sam has been right on Netflix all these years. He is right that the NFLX investors and traders are a bunch of crazy people who do not care about anything but the continued rise of NFLX shares.
Fundamentally the company stinks more than a dried up sardine left for weeks in your fridge. However, like Tesla, it is a cult stock. Cult stocks will never conform to any kind of metric nor system. Like many earnings plays before, I did the same thing on NFLX - I shut up, closed my eyes and just bought.
I am glad that I got so many clients sending us tweets and e-mails today as they made money o Netflix. It makes us really happy that our hardwork is making our clients money. As for you, who is not a client yet reading this post, if your trading system is not working, go get some help! Educating yourself properly is very essential in your trading success. One should never ignore that simple fact.
Do remember, any class or mentoring you get from us this summer comes with 1-year's trading signals subscription. How do you think our clients got prepared for Netflix today? They got our research and our guidance.
Those of you who made money on NFLX today, congratulations! You deserve it!
Traders from Equity Sense will be writing on this blog on positions and other market-related things.