Dive into individual stocks when hypersensitive folks sell slight bad news. I did well with Republic (parent company of Frontier), buying after the news that a suspected Ebola patient flew on their airline. Same as NFLX diving 25% in a day was a great opportunity to buy. Remember that chaos and irrational fear are your friends in this market.
[quote=spdrun]Dive into individual stocks when hypersensitive folks sell slight bad news. I did well with Republic (parent company of Frontier), buying after the news that a suspected Ebola patient flew on their airline. Same as NFLX diving 25% in a day was a great opportunity to buy. Remember that chaos and irrational fear are your friends in this market.[/quote]
Yup. Mr. Market tends to overreact to news in both directions. NFLX is facing some serious structural challenges and 450 was probably a frothy price, but that 25% drop was definitely an overraction.
[quote=poorgradstudent][quote=spdrun]Dive into individual stocks when hypersensitive folks sell slight bad news. I did well with Republic (parent company of Frontier), buying after the news that a suspected Ebola patient flew on their airline. Same as NFLX diving 25% in a day was a great opportunity to buy. Remember that chaos and irrational fear are your friends in this market.[/quote]
Yup. Mr. Market tends to overreact to news in both directions. NFLX is facing some serious structural challenges and 450 was probably a frothy price, but that 25% drop was definitely an overraction.[/quote]
