Re: just sold nflx at 21 yesterday
Benny,
To be honest I think you missed his point, and mine!
My point was that whether the answers to his questions were favorable or unfavorable toward netflix, it still didn't tell you whether it was a good time to invest in netflix or not.
To explain the point further, we can use extreme examples... if all the answers were favorable to netflix but the stock was selling for $1000/share, it would not be a good time to buy... and if all the answers were unfavorable to netflix but the stock was selling for .01/share, it might be a good time to buy.
Bottom line: You need to be able to put a relative value on the answers, before you know whether its a good buy or not, and his questions didn't do that.
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