‘Edge Trader’ submits: Netflix, what fun I’ve had with you since I first bought you in the $11’s. I jumped into NFLX once again in yesterday’s sell-off. I like a lot of things about this stock:

● The core product is very strong — as a customer of both Blockbuster and Netflix I can tell first hand that NFLX is just a better run company with superior product and service.
● NFLX has a high trading interest.
● NFLX has a CEO that knows how to manage earnings expectations (look at the results after earnings announcements in the last 5 quarters).
● NFLX has a low non-insider float that is especially prone to short squeezes and big jumps on positive news.

I jumped in with an average entry of just over $26. I’m hoping for a nice move over the next few days.

NFLX 1-yr chart:

« Any opinions expressed on the Seeking Alpha sites are those of the individual authors and do not necessarily represent the opinion of SeekingAlpha or its management. »