Both the insiders and institutions have been selling and getting out of this bubble stock. Only very silly retail investors are still chasing this overpriced bubble stock. But the recent low trading volumes clearly indicate it is starting to run out of bigger fools to buy this bubble stock. Very soon institutions that still own this bubble stock may find it harder and harder to sell large blocks. There is just not too many bigger fools left.
You got that right. Both insiders and institutions are selling NFLX heavily now. Only silly retail investors are still chasing this air leaking broken bubble. With mega pumper Icahn out of this stock already, the late retail investors will lose a lot of money here holding this empty bag.
All the insiders have sold - hundreds of millions -- and you got pumpers trying to say that this if fine??!! The insiders have completely bailed out and this looks like a good investment? Icahn and several institutions teamed up to run this up -- the insiders are working right with them. They were told that they need to sell before the drop.
All this backed up by artificial stimulus that has flooded Wall St. fake fed monopoly money so you have fake monopoly stock prices. The banks got out of their massive debt - Ceos of public companies cashed in and all the while making it look like average joe and jane have this great 401k savings plan that worth so much now. Trouble is it's all on paper - what will prices of stocks and hence 401k be when comes time to cash them out --- the people with a brain know......