Josh Krause: That is a good team up. Bad news for Netflix. RedBox is a highly recognized brand. Alot of people would be willing to jump ship

Rocco Pendola: I agree. To this point, Coinstar has been pretty weak competition, in my view. Lots of mishaps, delays, etc. But this makes sense. Synergy.

Josh Krause: NFLX should be gapping down on this. If the service is comparable there will be a mass exodus to try the new service.

Rocco Pendola: True, but $NFLX should've gapped down when the CEO said he raised cash to avoid concerns that Netflix could not pay its bills.

Josh Krause: Or when he said that he thought the stock was going to $1000. Just insanity all over that statement. Will play out over time. Short NFLX

Irishmedic: NFLX fkd

Liqddynamite: Verizon announced its intentions on Monday, yet another monster competitor that could buy and sell netflix 10x over.

Liqddynamite: BTW guys, 20% seems to be the magic number in terms of Netflix rallies, act accordingly.

paaru7: Liqddynamite, what do you mean 20% seems to be the magic number for rallies??

Josh Krause: 20% up then waterfall down to new lows. Next positive headline is the House passing the FB bill, next negative is more detail on VZ/CSTR

Josh Krause: VZ/CSTR directly impacts NFLX's business model while the House bill is marginal at best. Obviously we will rally :)

Liqddynamite: What KK said, the last 2 semi-sustained rallies have been for a 20% up-move, before it collapses and makes a new 52 week low

Liqddynamite: the FB bill is a non-event, its nothing but marketing, but everyone already knows about netflix, but let the longs bid it up so we can short

Scotttrade: Do u think there will be another rally up to say 75? 20%up yearly low of $62 is $75.Or did we already reach that at the $72 level this week?