Anybody who shorted premarket after the take down of last week ought to have his head looked at. Technically it will bounce this week. Also who could think that NFLX would not address the "pricing Issue" and react? That is to be expected after a 40% drop. Now they split the business and that is a welcome news. In the short term it will shore up the stock and plug the drops.
i shorted too, then quickly covered and now I am long-this thing wants to rise, and I've followed this stock long enuff to know that when this thing catches fire, there is no stopping it. They announced new plans last night and that will probably be fuel for a rally.