Friday, June 26, 2015

NETFLIXS: A Miss Opportunity


netflix-sign


Let me tell you the story of how I missed out on Netflix Stock. It started at $6.99 in 2002.

Netflix Inc (NASDAQ: NFLX)
$659.60
▼ $4.80 (0.72%)
High:$667.20
Low:$659.60
Open:$667.20
Vol:179.39 K
 
 
Click on the link below or click on the picture to hear an analyst talk about Netflixs.

https://www.youtube.com/watch?v=6RhKCkjRd5g


 

About 12 years ago, I was working at night in the Harrisburg Post Office Plant. A coworker came up to me and said that she started investing in Netflixs at around $10.00 per share. She said that she noticed that the Netflixs packages started coming in one or two at a time. Then it was a tray or two at a time. Then a bin of  Netflixs per day started coming in. Last, we had a section set aside for Netflix Processing.

  Like a fool, I did not buy any. Read what is going on with this stock today.

http://www.fool.com/investing/general/2015/06/25/netflix-inc-stock-split-its-no-big-deal.aspx

Netflix shares opened at an all-time high recently of  $700.50, with investors apparently surprised that the leading video service had declared a 7-for-1 stock split that will go into effect next month. That means if the stock is selling for $700 and you have one share, you will have 7 shares at $100 per share.


In my opinion, usually after a split in an "In Favor" Stock, the stock will go down before the stock goes up. But the long term trend in Netflixs should be up!




 

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