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My 100% true NFLX investment story

Posted by rollo Jan 18 '17, 15:16

I was buying NFLX after the Qwikster fiasco and was in for xx shares at an average price of $108.

When they rebounded and eventually the price hit $255 I was thrilled with my 136% return and sold all xx shares (July 2013).

Now, I did other things with the proceeds, etc. and I'm not crying, but still like Reagen said, on a pre-split basis it crossed the $1000 price point today after the market closed.

Responses:

that's always hard to ignore, but sometimes you gotta take a profit...nm - x Jan 18, 16:02
Aside: If Netflix announced they were divesting disc rentals today, people would be wondering if that were still a thing. -- nm - Mop Jan 18, 15:35
Ouch. Still, that was a nice profit at the time. -- nm - Krusty Jan 18, 15:25 2
- It had gotten back basically right where it was or a little higher before Qwikster so... seemed like like a good move at the time. -- nm - rollo Jan 18, 15:28 1
  - if your initial reason for getting into the position was that it was undervalued when you bought it, it was the right call. -- (edited) - znufrii Jan 18, 16:05

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My 100% true NFLX investment story

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