December 1st 2011.
Finally Reed Hastings purchased 18,609 shares of his own company. Better than zero which he had after the dumping. I'm not saying this stock is headed back to the moon but it does have some value at the 60 level. Ive have not been on the message board for a while and would like to hear some responses about this latest purchase.
Thank you for your time.
Europe is in deep trouble with no more courage or ability to fix things than the USA. This euphoria will not last. The central banks don't have enough money to fix it with "liquidity" alone. Coal is coming to your Christmas rally stocking.
based on what metric do you see value? on the fact that it's going to lose money all throughout next year, not even accounting for the possibility of a global recession?
as for reed hastings buying shares of his own company... that's reed hastings for ya. buy high, sell low.
I think he's trying to keep the price falling down abit, but don't worry he got only himself we got millions of us beating down. You know he been failed ... lolz. Who da heck in the world would jump in for long when u know the fact and see with your own eyes when it crashed from $320 to $66 now... who know how low will it goes!