1) GS conference on 9/21/11 2) GS is buying shares per CNBC 3) buyout by AMZN is likely at $8B cap 4)Reed is eager to recover 5) Starz /NFLX are negotiating again 6) Reduction of fees to please customer is likely
Just the total number of people down on the stock. It being treated like GS stock. You have to think that there are some smart people buying also. No way this trades 13mil shares to people on the message boards.
1) nflx refuses to report accurate subs # and churn rate 2) loss of & inability to pay for content 3) $1 billion in off-balance sheet debt 4) insiders selling options as fast as they're exercised 5) subscriber dissatisfaction and defections 6) will take 2 years to profitability in latin america