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They got to sell. Tax breaks will not be extended. Cant blame them.
Maybe. But it does make for a nice holiday cash position.
I think he knows how overvalued NFLX is.
Absolutely. No one ever went broke taking profits.
I saw grandma on the news last night saying she had to eat cat food because her unemployment had run out. The reds won't extend benefits and the blues won'tgive the deserving rich a tax break.
Doubtful, time for a compromise.
I saw grandma on the news last night saying she had to eat cat food because her unemployment had run out.
What's a grandma doing on unemployment? What about her lifelong savings? What about her SS? What about her family? Sounds like Grandma liked to party and made a lot of enemies.
You consider an S corporation holder who makes $250,000 for a family of 4 rich? I say make $2MM and less permanent and everything else expire.
>> I saw grandma on the news last night saying she had to eat cat food
Grandma is an idiot then. Pinto beans, onions and flour are both CHEAPER than cat food.
But if Grandma is like other crazy pet owners, she doesnt want her cat eating beans. She must choose between grandma food and cat food, so she keeps the cat happy.
Blue Buffalo....mmmmmmmmmmmm....now that's tasty. Even comes in duck!
You wont see a compromise. The Repubs are positioining to get the Dems in a corner. Time is on their side. The Repubs want to generate a headline the Dems failed to compromise and get a tax cut for the middle class. Once the new class starts after the new year, they will pass one retro active in order to "save the day". None of them are interested in helping grandma. They want the white house and every move, fillibuster, and vote they make is for that end.
And vice versa.
100% agree. by "None of them" I meant DEMs and Repubs. The guy who junked me must have mis-understood. or is an idealist.
Unfortunately, as you pointed out, the parties are more interested in painting the opposition into the corner than effectively dealing with the problems. The whole debt ceiling/budget delay tango that will play out over the next few months is a perfect example of placing the political game ahead of serving the people.
Also, I didn't junk you, but if you'd like...[/grin]
The nearby grocery store has a cooler stocked with upscale cat food that looks better than the fare I consume most often. Probably higher nutritional value to boot.
...thank you .... a lot gets by me now that i cancelled my lying cable news channels ! it's TOTAL INTERNET now, ZEROHEDGE being the top news & editorial content for me !! I'm loving this BERNIE SANDERS speech & am forwarding to all my friends who have a few dollars left in their wallets !! .......
Bear witness as the jet-setting oligarchy pit the ordinary cats against one another. If only the cats could set aside the intentionally divisional wedge issues and form a united front against their oppressive agitators then, and only then, may they share in a feast for a king. Alas, it is not to be...
here's some of the other recent insider sales of netflix stock.
200mil+, just in time for christmas. With Comcast trying to spank them
it might not be a bad move.
See - someone listens to Cramer.
Sold to Harry
so many short plays so little time.............:)
I heard everyone is buying Harry told me HE is going gangbusters.
I don't mess with stocks too much after being burned short enough times in the recent past but when I saw it turn south yesterday I thought "oh this is a no brainer". So far so good.
Can you eat a Netflix, the choice is coming and food will win.
Tax breaks and just a little problem with Comcast taking a big ol bite out of their ass in the streaming video platform and servers. Jumping ship before telling any of the other rats, we have a serious structural problem with our plans.
Bingo, Comcast let them get to where they are and is now reminding Netflix that they (Comcast) own the last mile to the consumer. Biggest shorters of netflix: Comcast executive suite.
to start, i have been destroyed shorting this stock. But, that is beside the point. This company is tapped with respect to any further material content purchases (i.e. the starz renewal) absent a new stock deal. Stock buybacks have been halted (within a quarter of announcing a new authorization) and market spend is being reigned in this quarter. If one examines their statement of cash flows, absent stretching payables, the company is cash flow negative for the last twelve months. When the machines and cnbc mad/fast money pumpers learn how to read financial statements look out below.
just looked through the filing. one thing i always take note of is the expiration date on employee option exexercise. if options terminate within the current year, then no big deal. but, as is the case here, when the exercised options expire 5-8 years then the seller is making a very large statement as to future prospects, as is the case here. Hasn't Mr. McCarthey read all the glowing research and seen the power of the discounted cash flow models pumped out by street research. How could anyone give up all that upside?
Internet service providers are starting to charge for total bytes transferred which will KILL Netflix since the movie files sizes are HUGE. Netflix has been blamed for bogging down the internet recently. Netflix just announced that they had planned to go to totally streaming content and phase out DVDs, but they may not happen now????
This may save BluRay for a while?
Many of the bigger ISPs are cable companies whose on-demand movie services are in competition with Netflix.
A CNBC shill just suggested that now was a good opportunity to buy Netshits; no mention of the big insider dump.
Selling high, how dare he.
It looks like he sold another 100K a few days ago:
Better late than never..all that's left are B Sack and Hft's, and Robo, now dole out the Bankster Xmas bonus and its a wrap
6 month netflix put options 90 points or so out-of-the-mioney for 2.40 bid?
Is CMG next?
Technically speaking, this is known as "git while the gittin's good!"
Am I missing something? Why does it say he sold on Nov 4th? It looks like the earliest transaction is Nov 29th.
Just looking at all insider transactions for them, it's been a long time since they have had any buying. That is a giant red flag for me.
I also see they have a "Chief Talent Officer". Never heard of that title before.
This is a Nov.4-5 sale that I saw (in addition to the Nov. 29 sale):
despite all of this, I still hate blockbuster more
He's not dumping! He is Xmas shopping, saving American retail and supporting the tax man.
.........and TAXES may never be cheaper!!!
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