Don't underestimate the power of a series. I know people who are signing up for Netflix because of the Turbo Animated Series. They are big fans of Turbo and once they heard that it's going to have their own series they couldn't wait to sign up. Also, we have deal with the french and Marvel Heroes Series coming up. Very good day to be owning Netflix. I bought more today when it fell. Price is a gift here.
Sentiment: Strong Buy
And really it's less because it's the marginal benefits of comparing that 2% to alternatives they could have spent that on. What would they have gotten from 50M$ more in advertising for instance? Is that better or worse than having HoC.
It has nothing to do with Icahn. It has to do with broken chart, fraud manipulation, options expiration, reverse head and shoulders, overbought conditions, hedge fund window dressing, anti santa rally, insider selling, and somebody knowing something. All of this can be found in my new book titled "get your investing tips from message boards."
Oh yeah, watch and learn.
House of cards likely has an impact on Netflix in proportion to it's cost. They spend 2.5B+ a year on programming so HoC is in the 2% range of relevance.
Hilarious. You can't really believe that the second season of House of Cards will add several billion in market cap, do you? I don't doubt that the stock can go to $500, but not based on season 2 of a decent show. How many subs will join specifically for season 2?
To be released in February 2014. This is great news. I thoroughly enjoyed Season 1 and now I can binge watch season 2 all in one go. The 2nd Season will surely propel this stock to 500. Patience is key now.
Sentiment: Strong Buy
If you have learned anything over the last year, when you think it will crash it always bounces. Almost guaranteed in the morning you will see a bounce up to at least 365. No way they are going to let all those puts being bought now be worth a thing.
For that "hope and change" long position you just bought, at least you hope so.
Hope is not a strategy.
Live and learn
If you don't know, you probably should have what little money you possess in your grandma's possession.
Yes, if you are comparing bubble to bubble valuation never matters. Hey, I heard bit coin was over $1200 recently and has no tangible book value (I did not confirm this). QE has a tulip like affect on many stocks so price by itself is meaningless. The drones can't deliver packages yet but they can trade stocks.
"Not manipulation IMO (in all the public reporting of individual fund holdings there is no evidence of that) but clearly 'riding this pup even higher' is taking place."
Watch on LevelII or better, there is absolutely no doubt there is manipulation and it is coordinated.
The fall away pricing on low volume in the morning are real holders getting out, the pumpers don't want the shares, they just want the price up so after volume selling is done they stick their toes in trading with themselves. Some days in the midst of the rise you see a quick drop on relatively little volume, that is someone not in their game wanting out, they don't want the shares.
The simple announcement that the SEC was looking into any of these momos trading irregularities could cut them all in half, overnight.