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Dropped the ball on NFLX

October 25, 2011

That one hurt. The company still has a sound business model and plenty of cash. A 28% drop AH seems like an overreaction to me, but so is the nature of tech stocks with small physical footprints.

It would also appear that the ERTS train left the station yesterday. It should still have some legs left in it this week and a run up to $28-29 level by week’s end is not out of the question.

Now off to redeem the NFLX play. Gotta keep on chuggin!

Not quite a T.O. drop, but close

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