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Netflix, Inc. Message Board

  • cannt_stand_ya cannt_stand_ya Apr 24, 2009 4:06 PM Flag

    Insider hastings exercised options at $1.50! per share...

     

    and then dumped tons. Others exercised at prices up to $23 area. IMO, that's simply not good - not when a chart has gone vertical like this one. To see so much selling and exercising at $1.50 and then dumping at $46 area? No way man, I smell a turrd in this dog house.

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    • Hardly surprising that insiders want to make some money. Jeez. It's done ALL THE TIME.

      Forget about some temporary downdrafts that will occur. This is one stock to lock into for the long term, provding you have enough capital that it won't hurt you to have it tied up. Most stocks are trades. This one has L-O-N-G legs.

    • Man, u r a dummy to the highest order. Read the description of the sales. The 1.50 per share was most likely contingent on the sale only providing a profit of 1.50, most likely an incentive bonus of some type, and the others were automatic sales, options that were automatically exercised at maturity after earnings were reported, as almost all insiders, per SEC reg's, can only buy, sell, or exercise within a particularly time frame every 3 months and NEVER anywhere near earnings. Typically a 2 week period that is predetermined for insiders to perform these transactions.
      Dummy up, shorty...

 
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