I have been totally wired into the Netflix craze. I love netflix and believe their product kicks ass. Why doesn't comcast say this to all their users this," We are going to offer you unlimited On-Demand movies for an additional $7 dollars a month." This would create some competition for ole NFLX.
I believe it will happen sooner than later. This will create a mass exodus out of the stock and turn some contrary investors into overnight millionaires. Currently my 30 minute 10 day chart for Netflix is bearish. We have had a spike down on the CCI to -247.28, with the stock then attempting to rally. If we get a gap up on Monday I believe it could be an unbelievable shorting opportunity.
Disclosure: I own March $200 puts on NFLX as of close on thursday.
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