Phew its been a few months since I last came around ![Thumbs down (n) (n)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Yesterday I spent an hour writing a blog post comparing netflix and blockbuster's new run for re-emergence from bankruptcy.
I will only post snippets here as not to make it a boring and long post but if you want to read entire 1000 word post i'll provide a link: A Tale of two Companies: Netflix ($NFLX) and Blockbuster (BLOAQ)
Lets start with Netflix $NFLX king which Since January 2010 alone is up a whopping 245% from $55 to $190 a share. Being a technical analysis freak I always look at the chart to see how the stock has done in the past and whether its shot up too far from the ground (my moving averages trio) and as you can see below the real ground is the 110 ema which right now stands at 151.37. I also use two shorter term averages in case I don't want to wait for a stock to go that low but with Netflix being $40+ above ground I am willing to wait.
as you can see NFLX hit the 30EMA ($180) price today and bounced hard.
next Blockbuster..
Below is a chart using the exact averages as above but this one isn't as pretty and Blockbuster (BLOAQ) former $BBI has been "under ground" for quite some time. Even with the recent doubling of its price from 5 cents to 10 cents the ground hog hasn't been able to stick its head above the 12 cent ground for long. Back in May the ground hog (Blockbuster) poked its head, didn't see a shadow and that resulted in 6 more months of winter. So technically speaking, 12 cents has to be broken before the stock goes anywhere gooood.
Here too Blockbuster shot up another 25% today to close at 13 cents.
Anyways just thought i'd share and glad to be back![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Again the Link to the entire article: A Tale of two Companies: Netflix ($NFLX) and Blockbuster (BLOAQ)
Happy Trading!
-K
Yesterday I spent an hour writing a blog post comparing netflix and blockbuster's new run for re-emergence from bankruptcy.
I will only post snippets here as not to make it a boring and long post but if you want to read entire 1000 word post i'll provide a link: A Tale of two Companies: Netflix ($NFLX) and Blockbuster (BLOAQ)
Lets start with Netflix $NFLX king which Since January 2010 alone is up a whopping 245% from $55 to $190 a share. Being a technical analysis freak I always look at the chart to see how the stock has done in the past and whether its shot up too far from the ground (my moving averages trio) and as you can see below the real ground is the 110 ema which right now stands at 151.37. I also use two shorter term averages in case I don't want to wait for a stock to go that low but with Netflix being $40+ above ground I am willing to wait.
as you can see NFLX hit the 30EMA ($180) price today and bounced hard.
![nflx-chart-dec2010.png](/proxy.php?image=http%3A%2F%2Finvestingfreak.com%2Fwp-content%2Fuploads%2F2010%2F12%2Fnflx-chart-dec2010.png&hash=5e22d6c47b88d3bc033fc37efc29c476)
next Blockbuster..
Below is a chart using the exact averages as above but this one isn't as pretty and Blockbuster (BLOAQ) former $BBI has been "under ground" for quite some time. Even with the recent doubling of its price from 5 cents to 10 cents the ground hog hasn't been able to stick its head above the 12 cent ground for long. Back in May the ground hog (Blockbuster) poked its head, didn't see a shadow and that resulted in 6 more months of winter. So technically speaking, 12 cents has to be broken before the stock goes anywhere gooood.
Here too Blockbuster shot up another 25% today to close at 13 cents.
![bloaq-chart-dec2010.png](/proxy.php?image=http%3A%2F%2Finvestingfreak.com%2Fwp-content%2Fuploads%2F2010%2F12%2Fbloaq-chart-dec2010.png&hash=5f8db9a06fb63c49ffc9100929f5d3e7)
Anyways just thought i'd share and glad to be back
Again the Link to the entire article: A Tale of two Companies: Netflix ($NFLX) and Blockbuster (BLOAQ)
Happy Trading!
-K