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Netflix, Inc. (NFLX) Message Board

  • counsel777 counsel777 Jun 24, 2003 7:26 PM Flag

    Gap UP - News impact coming tomorrow

    CBS Marketwatch, Reuters, ON24, and ASSOCIATED PRESS all running post-close stories on the patent news. Watch for the story in tomorrow's newspapers and the next news cycle. The positive impact will continue tomorrow -- I fully expect a nice gap up.

    -counsel

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    • Yes, this is true. This *is* newsworthy because of its implications alone, not to mention possible impact on wmt and nflx. I hope the stock doesn't get too far ahead of itself, though.

      In any case, I would certainly not be happy to be short this stock right now. You'd have to take a long-term view, assuming the long term is down (which seems ludicrous, but oh well).

 
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