it's called 50 million shares of tightly controlled float
you could have a Nuclear Holocaust and NFLX will be green with the tight float control. How great is that for Hastings who gets to sell his share into this Cartel Control and Leviation to beyond pig status. It incorporates every reckless scam that has WS has. The biggest: tight float control and the allure of retail shorts knowing it's a complete pig to get them into the common shares short. DON'T SHORT THE COMMON STOCK is the message.
costs are going way up (300 million for Starz) hurting margins, plus increased spending for risky international growth ( AMZ already has a huge lead in Europe), lower quarter guidance, Apple- I-Cloud coming, HULU now streaming with Miramax films. Stock is way way beyond its moving averages.
All of this should matter to the stock price. But it doesn't.