No Exit Strategy

You’re right about SN, HopJokey. I bought in mid-$60s based on the SN rec, and, to be fair, it didn’t really stay long in the $50s.

It’s interesting to revisit that period and read the cautious tone that comes through in the October updates. I do think that it was warranted at the time. It’s also interesting that no further investments were made after August.

What I remember from early 2013 was some people complaining on the boards that TMF had largely gone silent on NFLX before things started heating up again. Not silent on SN, but appropriately cautious, and, perhaps, delayed optimism elsewhere. That kind of stuck in my mind.

Another service was lining up for continued downside with the recommendation in August for a bear put ladder.

Like they say, “It’s motley.”