Overpriced stocks

As I write this, the stock price for NFLX is at $142. I hope it reaches 200. This stock will fall hard eventually and here is why.  Netflix does not have anything! What do they have that you cant get elsewhere? I can rent a movie for $1 at the supermarket. They have nothing. Streaming movies….so what Apple, Youtube, Hulu  etc…etc… This stock will fall hard. Timing is the key to profit from it.  Keep your eye on it.

This entry was posted in Uncategorized. Bookmark the permalink.