This thing traded like it warned and missed and got a Wells notice and had an insider trading scandal, all in one. What overkill. Bought a 1000 at 20.60.
Gotta give it to the lemmings who create opportunities like this.
You mean his "buy to cover" price target? It was likely met today. Not bad, Ray meets his price target the same day he sabatoges the equity.
Did business change suddenly? SWKS had an amazing quarter just weeks ago and great guidance. Ray james took out his pecker and erased all gains from that quarter in one fell thrust. Oh well, load up again. Still, it seems somewhat abusive on Ray's part.
LOL, good call. Tripled my positionj this week so I hope you're right.
They just did one in a very opportune manner so don't expect another for some time. Nice try though.
Btw the stock ran like wildfire as it was deemed a very canny move on the company's part.
Criminal? I never saw such an attack on a company which is the consensus leader in its space. Every stop was pulled to bring it low. Horrible things were said about it, real venom against it. And now we see, just to run it up again. All during this, the CEO just did his job, running the business, while the manipulators tore it down and then built it back - where in truth nothing had really changed in the NFLX story. I know, it's just the market, but it was one crazy round trip and the stock is still the manipulators plaything. Guess I should be happy there were tons of shares for the taking at the bottom when the hate and angst had reached epic proportions. Still it seems almost criminal what they did to poor NFLX.
There was a year long hiatus on inside selling. Can you blame them for getting a taste after a 90 percent run? You'd do the same. There's plenty more where that came from. The one that will be noted is when Hastings sells 500 thou eventually. He will buy your town with pocket change.
C'mon, 2 day 70% rise? This thing hit a heavily short artery and the spewing of short blood is in full flower. New shorts are daily engulfed in the blood tsunami. It is a rather wondrous thing to watch.
2500 shares long @ 60 and biding time......:
This bubble has a two month window. Hope you did not over leverage your premature short. Patience is key. If euro and Latin subs ramp up you're cooked.
This wasn't even being aggressive. This was just a prudent bet. Odds were against a SWKS miss and the stock was toward the lower end of its range. Folks were foolish not to at least grab up some shares before one of the best overperformers in sector and even the tech world as a whole was about to report. How many times has SWKS performed just this way on earning? The crazy part was the way they beat her down over the past few months.
As expected, easy beat and raise. So how far do they run it this time before finding some other pretext to run down this excellent company?
Should se mid twenties tonight and perhaps uppers tomorrow.
Then eventually the street will find a way to beat it back down to 20 in time to do it all over again in 3 months. Amazing how SWKS beats the cover off the ball consistently yet never gets out of this range.
Yeah if you have a half hour to keep restating the query in different ways until it yields up relevant info. As often as not it misfires and sounds absurd doing it. I hope it improves eventually. It is so far off sometimes. Siri is half an idiot to be hinest.
Been hearing about it for years, but it never emerges. Can anyone even say what the big transformative deal is with this concept of Apple TV? Can it in any way be construed as revolutionary the way iPods and iPhone once was? I've yet to find a good explanation.
You just can't live on a myth indefinitely.