NFLX has been a poster child for execs dumpig. No different this last year. When you 'acquire' shares at $1.50 or whatever the price paid is and then sell them for hundreds each it makes zero difference what the price 'paid' is. Salesforce.com (Marc Benioff) is also a classic case of printing money for execs in this fashion.
link for detail
https://www.nasdaq.com/symbol/nflx/insider-trades
for new grads get some experience in a corporation and keep quiet..be a sponge. Use those experiences to figure out what you want to do with your acquired knowledge and then go get the job you really want.
worked for this anon.
if that…amzn too
They are all over-valued by many multiples.
Never a big fan of p/e ratio's but they are useful for basic research and those are well over the limit.
I lost track of how many shelf registrations nflx pushed out. Placement deals aplenty in that place. recall the original CFO McCarthy was going to leave and get another job somewhere else. Made the announcement and then stuck around.
Then nflx split the company down the middle with the discs and streaming services . The head of DVD was a mini-me of RH.
Coming down after opening gap up on decreasing volume. Look for similar pattern like yesterday where it's pushed up and then drifts sideways to down if this occurs. It needs a kick in the butt here though if momo traders are going to stay in it
agree. The funny thing was Lampert was then going to leverage all the owned property sears still had..into what I could never figure out.
That worked out poorly starting in 2008.
Commercial RE did not take a huge hit like regular props. This had to do with all if them being tied up in REIT's. Rental rates were still ridiculous even after all the For Lease signs started appearing. The square footage price is still way too high.
hit this before that
That did not last long. munchkins arriving soon?
or showing us how many times he played golf or basketball. Just let him drive the lane on us. Flattened like a pussy!
All mkts look like the last NASDAQ chart posted…currently trying to stem the drop.
Just waiting to trot her corpse out