This stock went ballistic, ran about 400% in a year, mostly because of one investor....now he is mostly out, the analysts are saying it's over bloated, the CEO isn't liking the run, yet there are people still BUYING?!? Something smells REALLY fishy to me...and it stinks like fund managers exiting with the help of the MM.
BEWARE of the rigged game. Up or down, the little guy ALWAYS loses.
Good lord you are dullheaded. Your response to being unable to explain the market is gremlins. Worse actually because you just make up a story than uses real wall street nouns which makes it easier for you to believe yourself.
This is 100% options play. They must have sold 1000s of puts thinking it will never go down, as usual. But apparently it did and now those MMs are underwater with their puts. They will not allow NFLX to go down any further untill those puts expire worthless.
There is nothing to analyse here. It makes no sense for anybody to own a stock with negative cash flow, skyhigh PE, losing oversea business and a bipoloar ceo. I knew this from day 1 when Carl bought a stake. I knew that he is not going to hold this for long
Icahn still have half of the share and his son still believed that it is undervalue. Icahn just play it safe to lock in the profit (most of his initial investment in this position) and let his son keep the profit to roll.
You know why he still has half, right?? Because he didn't want to ABSOLUTELY torpedo the share price by selling them ALL at once. And, he knew there'd be suckers like you that still think it's going up, so now he can quietly sell the rest. IF you are hanging your hat on Icahn, you are making a BIG mistake. People got cremated yesterday for that very reason....believing and trusting in a guy that doesn't give a sh1t about the little guy or your investment. Only his.