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"We would buy the pullback" ~ J.P. Morgan

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Morning! 


NFLX doesn't get oversold often. 


Especially a month after an earnings beat with strong guidance.


So last Thursday I alerted Wall St. Bookie subscribers I was getting in.


Smartphone entry / exit alerts



Not a bad way to start the week? 


The cool part is the bounce hasn't even happened yet. 



And there's a catalyst. 


NFLX is cracking down on subscription sharing.


This quarter. 


Which should drive wild growth in users. 


So I got back into NFLX Monday afternoon, this time for $1.80.


Smartphone entry alert


It's a trade I'll keep coming back to until the range is exhausted.


For me that's closer to $400.


And I'm not the only one thinking this way.


J.P. Morgan analyst Doug Anmuth, who rates Netflix at Overweight with a $390 price target, said the stock reaction was overdone in a Thursday note to clients. "We would buy the pullback in shares," Anmuth wrote. 


This is the stuff I teach in Wall St. Bookie.


You'll probably love it. 


It's the same strategy I'm using in the $2K SAJ that Bill loves. 



I just take bigger, more aggressive trades, in Wall St. Bookie.




Results not typical. I will teach and alert you before I enter and exit these.


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Jason Bond



RagingBull, LLC
62 Calef Hwy. #233, Lee, NH 03861

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