Year: 2013

NFLX, Netflix update

Hamilton

Then (a year ago) and now charts;

NFLX feb 2012nflx jan 25 2013

If you read the actual blog from Feb, 2012 you will see that we expected the b-wave to go to about $90. In actuality it went to a little more than $50 to become an irregular b-wave. The moon shot of the past few days, after an expected 13 cents loss turned out to be a 13 cent gain, should go a little further just to close the gap on the way down and to make a 62% retracement. This stock is a good example of why so many investors have fled the scene. This is total nonsense and only gamblers can play this stuff or very large professional outfits which is the same thing. We think this might be a sell again once it gets marginally above $200, a little further than we initially anticipated.

FTP, Fortress Paper update

Hamilton

The usual then, June 12th, 2012 and now charts;

ftp june 2012 sFTP jan 25 2013

It did pretty well as expected but we were asleep when it hit the low. It got clobbered today but could nevertheless get to about $15 or so which would be a double. Use a stop if you do buy. See the whole previous blog.

OSK, Osisko update

Hamilton

Then, Nov 12, 2012 and now charts;

osk nov 10 updateosk jan 25

We are looking for a target at around $6 and a bit. Coming from $16 plus that is a nice Fibonacci 61.8% (no calculator required!) AND a completed 5 wave sequence or, alternatively, a full correction in a double zig-zag. Wait for the RSI to drop into the 20% area which should happen at about the same time the stock makes a new low. A buy at that time!