Netflix, what fun I've had with you since I first bought you in the $11's. I jumped into NFLX once again in todays sell-off. I like a lot of things about this stock. The core product is very strong; as a customer of both Blockbuster and Netflix I can tell first hand that NFLX is just a better run company with superior product and service. NFLX has a high trading interest. NFLX has a CEO that knows how to manage earnings expectations (look at the results after earnings announcements in the last 5 quarters). NFLX has a low non-insider float that is especially prone to short squeezes and big jumps on positive news.
I jumped in with an average entry of just over $26. I'm hoping for a nice move over the next few days.