Somebody is hitting the sell button..does the smart money know that a miss is in the cards? Why are the shares in freefall mode?
my guess is it doesnt matterconf calls are recorded..no live interactionnflx will try and ignore that amazon and aaple streaming plans are here or coming soon, youtube toosame ole bsno reason to get on the horse up here with 2 billion in debt and diminishing cash flow
The CEO SOLD. What more do U need to know. If things were going GREAT, why would he sell before earnings???
it does not have to be a miss to bring carnage to the shares, simply a beat that isn't the magnitude that is expected!