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NFLX CEO dumps 3.3 million dollars in shares. Last time he sold it started a mega dump to 50 shortly afterward.
http://www.secform4.com/insider-trading/1033331.htm
http://www.minyanville.com/trading-and-investing/stocks/articles/Insiders-Sell-Shares-of-Netflix-Inc/6/26/2013/id/50536?camp=syndication&medium=portals&from=yahoo
She's tanking hard now! She's toast now IMO.
NFLX Downgraded to Underperform, Valuation $180: Netflix (NASDAQ: NFLX ) slumped 1.3%, as Bernstein Research downgraded the stock. The downgrade wasn't because of any fundamental issues with the business, but rather a direct result of overhyped expectations for its future performance, according to the firm. On top of that, competition in the streaming market is heating up, as Discovery Communications announced its intention to offer online -- for a fee, of course -- documentaries and reality shows that are between three and 18 months old for subscribers to its cable channel. Bernstein has downgraded Netflix to Underperform from Market Perform, based on rich valuation, high expectations, growing competition, and diminishing returns on investment.
I've been flipping back and forth. Right now it's holding above its 10, 20 and 50 ema's on the 60min chart so I'll be doing calls until until the 60 crosses back down. 60 just flipped up again... We'll have to see if she can hold it. Usually once they cross up, they're good for at least a couple of days in that direction. If it pulls right back down below those MA's tomorrow, that will indicate weakness IMO and I'll start doing puts again.
Nice call....it touched.
LMAO.... right on. It's getting out of control. Meanwhile the Sub committee is shorting AAPL. LOL
Yes Apple states that it is closely monitored by the IRS and is in full compliance with tax laws. Here is Apple's 17 page statement for tomorrow.
http://www.apple.com/pr/pdf/Apple_Testimony_to_PSI.pdf
It's a beauty. When that neck line breaks, it's on.
Buy your tickets now for .0001 no bid RS!
LMAO ...... What ensued was one of the most spectacular ass whippings ever witnessed in the Atlantic northeast.
Yeah logged off for the night.
No doubt that its the reason he got into WM. He doesn't care about the drink or the company. Just a fat old man using funding from the masses to support his dream of becoming a NASCAR racer. He will RS and then increase the AS so he can buy gas and pork rinds. :).
Yep, he's selling shares to support his habit, like a junkie. SS is shameful.
They're marketing that drink all wrong, could be huge but they went from having their drink in a J Lo video to doing white trash walmart commercials. They're wasting all of their money trying to promote to the Nascar crowd which is a waste of time IMO. CEO clueless.
LMAO..... only two left at 50! :)
They went quick.... E coming off and BGNNE chart is set up.
LMAO.... maybe we were the news :)
Toast....
Nice News. BBDA
Yeah.... glad you told me to sell... Thankx bro. :)
Options are where it's at bro.
Looks like we have a runner for next week. TXTM
Thankx.:)
The pot call the kettle Whack. :)
Bro this one's thin as nutz and no D... outstanding. BGNNE
Your dead on as usual Pops. BGNNE
BGNNE coming off the bottom hard... This is going to be a big runner.
Boom is starting....BGNNE Off the Smack
No doubt.... everyone's loading this one. SNRY
SNRY is busting a move.
That sounded different. lol... good to get in before the hub. SNRY
Lol... that turd will get left behind, 60min point up with Sar flip for SNRY
900 :P
I've been watching in disbelief that none of us knew about this stock. It's actually not crap, I can't believe it. LMAO QOWI
Guess I shoulda bought those .01's LMAO, QOWI