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Netflix, Inc. Message Board

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  • kupi23 kupi23 Aug 15, 2010 11:36 AM Flag

    10,000 shares a week

    Wow thanks for showing that Hastings been selling very consistently for the last two years. Michael Dell used to do the same thing on a quarterly basis though (instead of daily - when Dell had 3 separate 2-for-1 stock splits). You bears want to "prove" NFLX is like Enron. When Enron's management sold, they sold all of their holdings in a very short period of time (1 or 2 months). This business isn't fabricating customers that rent movies. I know several people that already do so. Enron was also lying about profitability of business segments that didn't do anything. Even IF the economy were to remain sluggish, and I don't see that happening, people will rent and watch movies. US citizens are getting fatter and therefore don't want to sausage themselves into a theatre and for that matter don't want to leave their home to go and physically rent a movie. NFLX has the perfect service and preferred membership price to persuade customers to use their service. And more and more people will continue to use their service in the forseeable future.

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