NFLX Netflix: Like shooting DVDs in a barrel

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	Nibbler Leela
	Eternium User since Oct 2009	36
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Like shooting DVDs in a barrel

Come on, seriously, who really thinks this company can break the 120 mark and stay there? It's tested it a couple times now and clearly there are no buyers at 125 or above. Even if some emerge, there will first be plenty of sellers in the 115-117 range if we have even one down day, so this is a slam dunk.

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What People Are Saying...

Mike Barkett said at 6/11/10 3:58 PM and replied Price action was $120.06 +1.40 (+1.2%)

Re: Like shooting DVDs in a barrel
$105.00 (-13.0%) by 6/28/10
I have to agree with Nibbler on this one, but I'll be more aggressive... there is a $2 premium on put options that are $5 underwater and expiring in 4 days. That's pretty hefty, especially since the equivalent calls are trading 30-40% lower. Lots of speculators see a big drop going into next week, I think.