A previously mentioned position on this blog, I decided to take down the win in my Netflix long just now.
I have no intention of holding the stock through earnings next Monday. And with the recent ramp and a market on the now-famous winning streak I have no issue selling a tad early. The stock is still a leader and acting like it. And I would love to revisit it after earnings.
Here was the message I posted inside our 12631 chat room:
Sold final piece of $NFLX long @ $258.08 from from $224.36 core entry and $230.77 to lock in the rest of the win. Had previously scaled into strength. Earnings coming up next Monday and would rather take the win down here into this ramp.03:24:28pm EST on Jul 15, 2013
