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The only thing worth mentioning about Netflix is that stock manipulator Bill Ackman announced a position opening, and you probably don't remember the last time he invested in Netflix, right? I don't know how much time has passed, three years or something like that. He entered a position, it collapsed, and he sold it.
I got out of it. So, friends, my opinion is this: these guys want a quick buck. They want to buy something and announce it in the media because they want the media to hype the news and thereby, you know, push the stock price up, right? This is what they want. And you know, Bill Ekman, sorry, he doesn't give a damn about what's happening.
As a reminder, some of you may not know this, but I'll mention it anyway. During the financial crisis. I spoke to Bill Eckman on the phone. I don't know exactly when it was. Probably somewhere between October and November 2008. And he sat there, breathing heavily and panicking, as if I was telling him who I was and what I had done in my book.
And he asks: how can I get your book? God, I swear, what a loser he is. What a [ __ ] loser he is. I was just calling him, you know, to offer my research. I'm not kidding. Think about it. If Bill Ekman really had any sense of what was going on, imagine if he held onto Netflix for the long term. Do the math yourself, right ?
There is no chance he will ever achieve similar results. So I'm leading up to this, if these guys are so cool, they don't need to make quick moves, you know, buy stocks and hold them long term, right? Why haven't Nvidia and Netflix been in their portfolios long-term? Is there even one hedge fund? I don't think so.
True? These guys are very short-sighted, and when they go to the media, they are not real hedge fund managers. Real hedge fund managers don't want you to know about their positions. And there are many ways to hide your positions, depending on what they are, due to certain reporting subtleties. How reporting is done.
When you see someone, a hedge fund manager, it doesn't matter, it doesn't even have to appear on TV. If the media writes about it, it's because they want to promote it. The same goes for these activist investors. It's all a game, right? So, I just wanted to point out that Nvidia, in my opinion, has grown because of the herd effect and all that nonsense .
So, here is the last webinar. Let's look at the three-month chart, and I think it's gone up because of that, but see for yourself. It just so happened that he tested the 85 mark, and now it's on sale. Whether this is due to the recent market weakness, I don't know. But, you know, look at the odds. Look at the statistics.
The support and resistance lines we provide are quite accurate. They're not 100%, but they're very, very good. If something is going to break through resistance, it has to be something significant. There has to be something that will make him break through this level. This has to be something serious, right?
So, I see no reason to buy Netflix. His valuation is still too high. This is one of those periods where, you know, now is just not the time to own it. Heat. Heat. Hey, hey, hey. Heat. Heat. Hey, hey, hey, hey. Heat. Hey, it's hot. Hey, it's hot. Heat. Heat. Heat. Hey, Heat. Heat. Heat. Heat. Heat. Hey, hey, hey.
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