What a shock with triple witching tomorrow and 11,500 $95 call options at stake (and 9,500 $95 put options) [that's 20M shares of premium] that NFLX has bounced off $94 all week with the markets way down, and it miraculously ends up at Max pain of $95 this afternoon.
Should have the opposite affect, as there are only a few buyers with enough capital to pull off buying NFLX, and one of them (MSFT) is now out of the picture after spending all of that money on LNKD. Should be negative for them.
#1 - their cash is overseas, so they cannot use it w/o a massive tax event.
#2: they could use debt, but that is still dilution dummy. Do you think investors don't value the cash in the stock price? There would be zero synergy in this deal to make up for the 300x P/E of Netflix vs. the 12 P/E of apple.