I also don't think NFLX's decline and GZFX's rise today was not TOTALLY coincidental. Some might say that's stretching it but why wouldn't smart nflx investors move money here?
Geesh - stocks go up and stocks go down, sometimes for no apparent reason. Most of the NFLX longs I know aren't the least bit concerned...this is a buying opportunity.
If a "smart" NFLX long is aware of GZFX, why must they "move" money to GZFX? Why not put some "new" money in GZFX? I kept NFLX and sold two big time losers, tossed that money into GZFX on a whim (that other guy was right... most of "us" don't bother with pennies-but this one looked "interesting" to me).
Reed (NFLX CEO) already stated a long time ago that games were a possibility. They did not go there at that time because "no one else" was doing it and there's a high cost and short life span on the games. You can count on aggressive competition from NFLX if they feel a pinch on their marketshare from GZFX.
My opinion... put money on boffuvem. Win twice. There's room for two. There will be lotsa growing pains with GZFX. Take your profits whenever you can. I still wonder about those 4 billion A/S. I know they're out there.