With all the anxiety and concern about current market valuations, I think there is a small possibility for a flash crash to occur, due to algorithm trades being activated by some event. So I am putting in some good til canceled orders at 40-70% below the current price, just in case a flash crash happens.
I wouldn't mind owning more Amazon, Priceline or Netflix at 50% or lower than current prices.
Disclosure: At the time of this post, we own shares of Amazon, Priceline and Netflix.
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