Netflix Is Officially a Kissing Cousin of the Dot Com Era?

From the wires:

Shares of Netflix, Inc. (NFLX) hit a new 52-week low on Monday. The stock traded as low as $73.26 during mid-day trading and last traded at $73.85. The stock previously closed at $78.06. It has a 52 week high of $304.79.

Some very smart people bought into the Netflix story (just like 1998-99). Remember, exit strategies are for the feeble. It always feels better to hold on as a stock heads to zero. Who cares if it comes back! Heavy sarcasm.

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