Anyone want to guess as to the reason for the runup (orchestrated) in Netflix and why NOW? Seems to have a heavy scent of P&D on it. I don't see any Block connection, just curious what everyone thinks. Reminds me of DNDN.
As for October-December MOR, MIA? Didn't someone say if it went MIA, then we are AOK? LOL
Yes, IMO the runup if a hedgie buying big time BEFORE the market open, then slowly selling off to a tune of 50% in 1 day. All because someone said NFLX made a Profit.
Well it could be because this hedge had been in NFLX for awhile playing the ups and downs. Now they know something and want a big finish.
When Goog gets finished with their test and the govt approves ..... dd
Yes, left a message with my A.G. buddy. I agree, Netflix has a #$%$load of off balance sheet debt and will die an ugly death someday. Or, Carl may just decide to scrap off the Netflix client base and give it to Block? Crazy #$%$ going on nowadays in the ol' marketplace.