Netflix Surge Closes Post-Earnings Gap Down
Dr. Duru | Oct 29, 2012 12:52AM ET
Just last week, I pointed out in August , it seems likely to me that CEO Reed Hastings might finally BUY some shares in his company given other insiders were loading up at the time. Such a move from Hastings would surely send NFLX on a sustained rally.
In the meantime, we have analysts debating about the benefits of a Microsoft (MSFT) acquisition of NFLX while some trader or traders are having a great laugh out of being able to goose the market for fun and profit.
Here is the options team from NFLX discussing the situation: they were generally skeptical of a deal and pointed out how much money can be made fading rumors.
Below you may find the video.
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