Netflix (NFLX +13.2%) continues to drive higher fueled by renewed rumors Microsoft is in the...

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TruffelPig Comments (3253)
 
I guess someone needed an exit point. I would never buy a rumor. Ever.
26 Oct 2012, 03:26 PM Reply Like

JeffreyLangBoyd Comments (516)
 
I would if the rumor made sense. Microsoft acquiring Netflix doesn't make sense to me.

Now the news that HBO isn't ready to launch in the Nordic region as they previously said. is good news. Not great news but a positive.

http://reut.rs/P97PjC
26 Oct 2012, 03:31 PM Reply Like

BigJ1260 Comments (141)
 
This should be illegal to post ridiculous Rumours posted by same source 2 days in a row RE: acquisition of NFLX - there is no source referenced in either post by this individual and no idea what his motives are.

This is why retail investor has left the market.
There needs to be legal and fiscal liability for this type of blatant manipulation
26 Oct 2012, 03:29 PM Reply Like

chopchop0 Comments (1664)
 
yup, especially in this company.
26 Oct 2012, 03:30 PM Reply Like

dgulick Comments (312)
 
I figured it was just a short squeeze with options expiring today:

http://bit.ly/SeDvof

I guess it makes sense that Microsoft might be interested? Considering Apple has AppleTV/iTunes, Google has Youtube, Amazon has their instant watch. I wonder if this is why Reed dropped off the Microsoft board last month. Mixed feelings.
26 Oct 2012, 06:15 PM Reply Like

biobat Comments (2578)
 
Probably a little bit of both rumor and short squeeze.
27 Oct 2012, 09:46 PM Reply Like

BlueVelvet Comments (34)
 
The volume on Friday was 14,776,199! It is much much less than the volume of in the money expiring weekly options.

My gut feeling is that it was a short squeeze because some short sellers were scared about a merger deal and ran out to the door. Only people with insider information + God would know that such a deal is really in the making.
27 Oct 2012, 10:58 PM Reply Like

dgulick Comments (312)
 
http://bit.ly/VYNcut

"...weekly 70- and 75-strike calls...roughly 7,200 and 8,600 contracts respectively traded...in-the-money 70-strike call, traders will profit with each step north of $71.62 ... out-of-the-money 75-strike call requires NFLX to rally north of $75.86 "

"this uptick in buy-to-open call volume may simply represent short sellers picking up hedges against their pessimistic positions"
29 Oct 2012, 01:28 PM Reply Like

pman6 Comments (200)
 
How easy is it to spread rumors?

If you wanted your stocks to rise and make an easy 20% profit, you could just publish your own rumor, right?

"hey, I heard from my buddy at Goldman that....... "
27 Oct 2012, 07:21 PM Reply Like