Week 3, Day 2: "The House of Cards"

Netflix has been an amazing performed recently as its most recent earnings report revealed an 11% increase in subscriptions (about 3 million more) and now claims to have more subscribers than HBO as detailed in this article. The article suggests that the surge in customer activity is due to the company's increase in original programming, including their show, "House of Cards," for which they invested hefty sums of money to hire quality cast and crews. My opinion remains that people flocked in to see their old CartoonNetwork favorites. Nevertheless, this was a wise investment for the time being, but "House of Cards"does carry mmultiple meanings in this situation.

 April 23 totals:

• Agnico-Eagle Mines (AEM)- Open $32.79 Close $32.03 After Hours: $32.57
• Total for 50 shares: $1,628.50 ($9 loss)

• BioDelivery Sciences International- Open $5.09 Close $5.29
• Total for 230 shares: $1,216.70 ($158.70 loss)

• Netflix (NFLX)- Open $214.03 Close $216.99 After Hours $217.65
• Total for 15 shares: $3,264.75 ($54.30 gain)

• MetroPCS (PCS)- Open $11.42 Close $11.69
• Total for 51 shares: $596.19 ($13.77 gain)

• Rambus Inc. (RMBS)- Open $5.98 Close $6.04
• Total for 150 shares: $906 ($9 gain)

Despite a net loss of $92.33, I feel confident that positive trends are on the way. Just like a house of cards, if I'm not careful, my entire system could collapse on me so if Netflix performs under expectations on Wednesday, I will sell a majority of the stock (not all, just in case there's another big growth) and still exit with a huge gain as it has already surpassed it's 52 week high by a long shot. At this point I only hope to break even with my other stocks as this project starts to wind down in the coming weeks. I will surely watch for moreaarticles indicating trends so that I can make the smoothest exit possible, if necessary.