Who knows if the analyst call will make Netflix’s post-earnings action better or worse, but right now the stock is undergoing a bit of profit-taking (or loss-making).

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Who knows if the analyst call will make Netflix’s post-earnings action better or worse, but right now the stock is undergoing a bit of profit-taking (or loss-making).

I’ve got a swimming pool at my house, and in that pool is a cleaning robot. For those of you who also own cleaning robots, you probably know they are made of a bunch of plastic parts which (i) break easily (ii) cost three cents to replace (iii) cost an insane amount of money at the store.
For most folks like me, when a part breaks, they just shrug their shoulders, trundle off to Leslie’s Pool Supply, and pay a ridiculous price just to deal with the damned thing. Again, this is just a plastic part that probably costs less than a dollar in materials to create.

Any company that can manage to lose 72% of its value in a market like this must be in serious, serious trouble. Yet another support level has been breached.

I’m not sure what kind of strategic blunder the senior management of Big Lots could have executed to caused almost a quarter century of stock gains to be destroyed but…………they did it.
