Saturday Night Live: The Netflix Apology

Oct 11, 2011
J. Webster
Comments Off on Saturday Night Live: The Netflix Apology

Here’s a big reason why some traders are still SHORT shares of Netflix: they don’t seem to know what the hell they’re doing these days, as this Saturday Night Live skit demonstrates.

The question though is how much lower can Netflix’s stock go, it seems like every day it’s hitting a new 52 week low, after reaching $300 a share just three months ago. Today the stock touched a new low of $103.13 a share. Many are saying the company will need to be rescued via a buyout by the likes of an Apple, Amazon, Dish Network or Comcast, at what stock price though – $100, $80 or lower?

Related Posts Plugin for WordPress, Blogger...

Comments are closed.