ANALYSIS: More on Netflix
So while my 10% #NFLX gain from a week ago is gone, it’s now basically a scratch trade for me. The 14% plunge from yesterday’s lows were never warranted, and the market figured that out. Never trade in after-hours, and never panic without knowing anything.
Believe me, I lost sleep Monday when I saw $NFLX down 14% in after-hours. But what was panicking going to do? The move already happened, so it was time to read and listen, not act.
Holding tight for now.