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Netflix, Inc. Message Board

  • jgentemann jgentemann Aug 12, 2010 12:06 PM Flag

    135 by the close-read here why nflx is unstoppable

    In the last 3 sessions including today we will have traded the entire float available to trade. 27 million shares! 25% of the float is short and these guys are getting killed and trying to cover. Problem is is that there aren't enough sellers. I think the chances of Blockbuster going bankrupt has helped us but if it does happen we will be testing 150 quickly. You don't cancel a conference call unless there is nothing to talk aboutYie bankruptcy)

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