Tuesday, November 30, 2010
The Netflix shorts continue to get steamrolled
Anyone that "shorts" on valuation deserves to be steamrolled. When you "short" on valuation--that's just another way of saying your market opinion is more valuable than the market.
It's just hubris.
So now we have a little spat between Comcast and Level 3 regarding bandwidth.
Does anybody know someone that is unhappy with NetFlix? Does anybody know someone that isn't happy with NetFlix's streaming service?
The entire move up--we've always had naysayers.
And what the market needs to do--is pummel the naysayers. And the only way they can do that is with a very sharp, upward, and extended vicious move
And now it's starting.
We need the shorts pain to be in high definition!
Posted by Palmoni at 2:02 PM