Amazon looks much worse from a value standpoint. Why lugs insist on viewing speculative stocks through the fundamentals-colored glasses is beyond me. What's your point?
While some manipulating is likely, the culprit does not appear to be computer trading as you assert. They position on both sides (buy and sell) mining accumulating pressure (volume on each side and distance from strike price) which signal price direction. This is exactly the same as a daytrader gets in front of a big block because he knows it will stall traffic, only much faster with more volume and more minutely. They clear to cash eventually, which is why you often see predictable reverses during the day. They amp volume and movement during the day, not manipulate.
I don't like it. IMO the options markets and short-term trading are potentially destabilizing, a concession to investment houses, quick buck smalltimers and discount brokerage firms. But it is the world today.
There is definitely legitimate trading in NFLX contrary to what you say. That is obvious looking at institutional ownership over time. This stock is largely held by big institutions and mutual funds. They adjust positions, like during the recent Icahn move and higher price target announcements which prompted several to raise their stake.
You can complain and make uninformed remarks or learn and profit.
BIGGEST FRAUD TRADING MANIPULATED PIT STILL BEING PROTECTED BY ROBERT KHUZAMI/ROBERT COOK/ELISSE WALTERS/MARY SCHAPIRO SCAM GANG AT S.E.C.
by singhlion2001 . Dec 24, 2012 10:00 AM . Permalink
Biggest fraud trading manipulated pit still being protected by robert khuzami/robert cook/elisse walters/mary schapiro scam gang at s.e.c.
arrest s.e.c. Criminals along with entire scam gang led by mf criminal reed hastings
''enron/worldcom/madoff fraud loot put to shame
how to loot $20b+ with insolvent balance sheet cook book scam in usa fraud street casino?only possible in usa with all scam legislation to transfer 99% working class blood sweat pensions savings into pockets of 1% home grown financial al qaeda led by bankster financial terrorists
wall street is now pure fraud street casino and rigged with all scam legislation against 99% working class and all fraud loot protection for corporate thugs and bankster financial terrorists at s.e.c enforced and all loot manipulation scam weapons at their disposal
loot/scam/bang usa 99% working class pension contributions in billions with dark pools and high frequency trading machines with fraud price/volume manipulation without any fear
if, by mistake you are caught? No problem come to mary schapiro/robert khuzami/robert cook scam watch parasites at s.e.c and pay little fine, no trials and keep your loot in billions and you are free to go back and start your scam loot asap.................
gene burnett - jump you f*#kers (a song for wall street)