Browsing articles tagged with " reed hastings"
according to the WSJ. Facebook's share price has been cut in half since their IPO, so I guess Hasting thinks their cheap. Or
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The punishment will be delivered with a 50 percent reduction in his stock option awards next year, according to regulatory documents filed Thursday. Instead of the $3 million stock option allowance he received this year, Hastings will get
“It’s been frustrating to see our original investment thesis validated, yet not profit from it. It certainly highlights the importance of getting the timing right and maintaining your conviction even when the market moves against you. The core of our short thesis was always Netflix’s high valuation. In light of the stock’s collapse, we now think it’s cheap and today established a small long position. We hope it gets cheaper so we can add
famously covered his short in Netflix. Crying uncle he gave in to the hype. Today, Netflix is down $100 from the point where he covered his short, the stock almost cut in half since then. When Tilson covered his Netflix trade it was $230 a share, right now it's sitting at $130 a share. Tears stream down Tilson's face as he sits at his trading desk, sobbing like a three year old how has lost his favorite toy. Asking himself why, why... Netflix has been a special stock the past few years,
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