Posted by lessarda on 27th of Jan 2011 at 05:52 pm
I think the NFLX jump was a short squeeze. Too much talk about
poor earnings quality ahead of the call and too many high profile
shorts pressing their case on declining free cash flows,
subscriber acquisition costs, network costs, etc. The CEO was
waging his case against shorts in the weeks leading up to earnings.
The shorts look right on the facts, but not yet there on the
timing.
AMZN
Posted by steve on 27th of Jan 2011 at 04:11 pm
AMZN
their numbers were good...did i miss smtg?...lol
Posted by fixdgear on 27th of Jan 2011 at 04:25 pm
oh..no position in amzn....oooofaaa...
amzn
Posted by zach06 on 27th of Jan 2011 at 05:15 pm
mISSED on revenue..... When you have a 79 PE you better hit on all cyclinders like NFLX or your get smacked.
NFLX squeeze
Posted by lessarda on 27th of Jan 2011 at 05:52 pm
I think the NFLX jump was a short squeeze. Too much talk about poor earnings quality ahead of the call and too many high profile shorts pressing their case on declining free cash flows, subscriber acquisition costs, network costs, etc. The CEO was waging his case against shorts in the weeks leading up to earnings. The shorts look right on the facts, but not yet there on the timing.
good point burt...
Posted by fixdgear on 27th of Jan 2011 at 05:38 pm
AMZN support
Posted by markr on 27th of Jan 2011 at 04:21 pm
is the next support for the stock around $157 ?