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Why so much
We don't know for sure if he also have a percentage stake but hope it's a one time hit that's a lot for taking a company public
And if next quarter they give away another 2bil then what your going to say
General and administrative ?
The report doesn't specify
A 2.2 billion dollar payday wow they must be paying their employees $100,000 a hr
Can someone please explain in English what was the 2 billion loss for exactly
This baby just picked up some steam looks like we going back up after all $GDXJ #GDXJ
Back to 20"s next week $GDXJ slaughter house
It's a Short trap
Glancy Prongay & Murray LLP Commences Investigation on Behalf of Netflix, Inc. Investors
3/3/17, 10:49 AM
LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of Netflix, Inc. ("Netflix" or the "Company") (NASDAQ: NFLX) investors concerning the Company and its officers' potential violation of federal securities laws.
In May 2014, Netflix raised the rate of its monthly streaming subscription in order to finance its content obligations. Then on July 21, 2014, CEO Reed Hastings and CFO David Wells informed the market that the impact of the price increase had been "minimal" and "nominal." However, on October 15, 2014, Netflix disclosed that subscriber growth numbers were so low that the Company was forced to slash its projected earnings by nearly half. According to the Company, the "primary cause" for the disappointing earnings projection was the "slightly higher price" of its monthly streaming subscription.
If you purchased Netflix securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
$NFLX #NFLX
View source version on businesswire.com: http://www.businesswire.com/news/home/20170303005581/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
Source: Glancy Prongay & Murray LLP
$NFLX $NFLX isn't profitable these guys pay millions in licensing fee and own NO original good series with negative 2 billion cash flow. Analysts says their worth $68 CNBC news
$NFLX #NFLX traders posting fake rumors to drive price up lol no saving this titanic. Netflix has negative 2 billion cash its valve is under $68
The higher the blaze
Lol
Glass floors
Finkelstein & Krinsk LLP Announces Securities Fraud Investigation Against Netflix, Inc., Reminds Investors With Large Financial Interests of Important May 1, 2017 Deadline - NFLX
3/2/17, 12:59 PM
SAN DIEGO, March 2, 2017 /PRNewswire/ -- Class action law firm Finkelstein & Krinsk LLP announces a securities fraud investigation into Netflix, Inc. ("Netflix" or the "Company") (NASDAQ GS: NFLX) on behalf of the Company's current and former shareholders. On March 1, 2017, a lawsuit was filed against Netflix, its CEO Reed Hastings and CFO David Wells in the United States District Court for the Northern District of California, on behalf of purchasers of Netflix common stock between July 22, 2014 and October 15, 2014, inclusive (referred to as the "Class Period").
What You May Do
If you are a Netflix shareholder and would like to discuss your legal rights and how this case might affect your right to recover your investment losses, you may, without obligation or cost to you, e-mail or call Finkelstein & Krinsk LLP's managing partner, Jeffrey R. Krinsk (jrk@classactionlaw.com), or attorney David J. Harris, Jr. (djh@classactionlaw.com) at (619) 238-1333, or call toll free at (877) 493-5366. If you wish to serve as a lead plaintiff in this class action and oversee lead counsel for the goal of obtaining a fair and just resolution, you must request this position by application by May 1, 2017. Any member of the class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Finkelstein & Krinsk LLP encourages both institutional and individual purchasers of Netflix stock to contact the firm. The ultimate resolution of any securities class action is strengthened through the broad involvement of aggrieved shareholders and lead plaintiffs who have significant financial interests in the outcome. Finkelstein & Krinsk LLP also encourages anyone with information regarding the defendants' conduct relating to this lawsuit to contact the firm: including whistleblowers, former Netflix employees, Netflix shareholders and others.
About the Lawsuit
Netflix and certain of its officers and directors are charged with making materially false and misleading statements and omissions related to the Company's business and operations in violation of the Securities Exchange Act of 1934. The allegations surround Netflix's 2014 price increase for monthly streaming subscriptions, and the Company's failure to inform investors that its price increases would materially impede subscriber growth.
On October 15, 2014, and contrary to its earlier statements, Netflix revealed that its price increase had substantially slowed subscriber growth and sharply reduced the Company's near-term earnings outlook. As a result of these disclosures, Netflix stock plummeted by more than 19%, falling from a closing price of $448.59 per share on October 15, 2014 to a close of $361.70 per share on October 16, 2014.
About Finkelstein & Krinsk LLP
Finkelstein & Krinsk LLP has decades of experience prosecuting securities and consumer class actions to remedy corporate wrongdoing.
Attorney Advertising. Prior litigation results do not guarantee similar results in the future.
Contact:
Finkelstein & Krinsk LLP
Jeffrey R. Krinsk, Esq.
jrk@classactionlaw.com
David J. Harris, Jr., Esq.
djh@classactionlaw.com
550 West C Street
Suite 1760
San Diego, CA 92101
Tel: (619) 238-1333
Fax: (619) 238-5425
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/finkelstein--krinsk-llp-announces-securities-fraud-investigation-against-netflix-inc-reminds-investors-with-large-financial-interests-of-important-may-1-2017-deadline---nflx-300417177.html
SOURCE Finkelstein & Krinsk LLP
$NFLX #NFLX
What are you talking about I see $139 prints
How about now lol
I called 130s and here we are
$NFLX bloodbath begins
Touching 130s again
Buffet control the market with his money and dump on his press release . He's the biggest pump and dump scheme I ever witnessed but smart
From a long run stand point your right but for right now traders don't have the patience and unfortunately money control the market and they are pulling out to stop losses and eventually get back
Seems you have drunk the koolaid with added sugar
We are on top of the mountain at this point with a steep fall below you see the vision
Prepare for landing $NFLX #NFLX
Timber! People
$NFLX Prepares for dips to low 130s
Long is always here smart money stay for the big fish
Someone just got loaded on the bid
Impossible by the way is that you bid sitting
Yup some groups stacking the ask to get filled on the bid, those fools playing with fire considering over a billion was just bought on the ask
Smart people loading while it's quite before the storm , easily break for the teens end of month $TBEV
Setting up to run
Exactly time to load 2s
This can easily run over a penny within 1-3 months
Exactly loading all I can before the storm
$TBEV Walmart SAMs club major distribution !!!!