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Netflix, Inc. (NFLX) Message Board

  • bg_rox2001 bg_rox2001 Oct 31, 2011 3:26 PM Flag

    20k - 50k block buys

    keep popping this up .20 to .40 at a time and letting it dwindle down on light volume. Someone is accumulating even as the overall market falls.

    I am not vested in NFLX at all but some big coin$$ is moving in at this price or it would be falling harder.

    The 50k purchase at 3:15 or so propped it up .40 - this is potentially the put sellers? No reason to accumulate here that I can think of.

    If this were really a bargain you would see insiders with their arms wide open. IMO, the company should be using $1B to do a share buyback here and not dump it on content. They could buy back 20% of the company - only they dont have $1B lol.

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