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Netflix and Glee?! It's a TRAP!

|Includes: FOX, Netflix, Inc. (NFLX)

Clearly, the announcement today that Fox and Netflix are cooperating is an elaborate April Fools' joke being perpetrated by those two companies on an unsuspecting investing public.

Why else would they announce availability on April 1st? These guys have *NEVER* worked together successfully in the past, and they are natural born enemies that will *NEVER* cooperate to any significant degree.

I'll beleive that Fox will license content to Netflix the day that I see Rupert pull the shiv out from between Reed's ribs.

Clearly, all of you bubble-chasing Wall Street Chumps(tm) have fallen for the ruse, based on the gap open in NFLX today.


Disclosure: I am long NFLX.

Additional disclosure: I also have some covered calls written against some NFLX holdings, and will probably be selling a chunk of NFLX after earnings.