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Netflix (NFLX +7.3%) is soaring on market chatter of Amazon (AMZN) and/or Verizon (VZ) making a...

Netflix (NFLX +7.3%) is soaring on market chatter of Amazon (AMZN) and/or Verizon (VZ) making a play for the company. "I doubt it," tweets one of Seeking Alpha's Netflix watchers, Rocco Pendola.
Comments (7)
  • complete gift for anyone looking to short it.
    12 Dec 2011, 11:14 AM Reply Like
  • Why on earth would either of those companies buy Netflix ! They have nothing but headaches to give the acquirer !

     

    Let the company die peacefully.
    12 Dec 2011, 11:16 AM Reply Like
  • Surprised CSTR isn't giving back all of it's gains on the false Verizon Rumor from last week. I give this one as much chance of happening as that one.
    12 Dec 2011, 12:19 PM Reply Like
  • I HAVE BEEN FOLLOWING ROCCO PENDOLA'S COMMENTS ON NETFLIX FOR A WHILE NOW AND HE DOES EXPLAIN IN DETAIL WHY TO SHORT NETFLIX . BUT,EVERYONE SHOULD HAVE A LITTLE BIT OF INSURANCE, JUST IN CASE IF NETFLIX GOES BACK UP. I WOULD BUY SOME NFLX LONG CALL OPTIONS TO GO WITH LONG PUT OPTIONS WHICH IS ALSO CALLED (STRADDLES). THEY ARE STILL VERY INEXPENSIVE IN COMPARISON TO WHAT NFLX WAS TRADING JUST A FEW MONTHS AGO.
    12 Dec 2011, 02:48 PM Reply Like
  • certainly less risky, but unnecessary, since the case for the NFLX short is very solid. A better hedge is simply to buy puts further out like June or beyond.
    12 Dec 2011, 02:56 PM Reply Like
  • Please don't type in all caps.
    12 Dec 2011, 06:28 PM Reply Like
  • if netfickxxx is so bad, and as a company appears clearly to be so, why were about 10K calls bought yesterday? Must be some fire with the smoke. I am net short, but scurrying.
    13 Dec 2011, 10:07 AM Reply Like
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