Netflix, Inc. (NFLX)
NasdaqGS - NasdaqGS Real Time Price.
348.20-4.99 (-1.41%)
even with +363 on DOW and +97 on NAS
NFLX can't get to neckline.
All the institutional holders must be shitting bricks now
see pic
The drop in equity price is not the big worry. It's the slow eroding of what they own.
Big names on that list that have very large positions.
These are all as of the as of Q3 end '18
another problem we have is the lagging data in this and overall short interest reported. Many changes occur in the interim period between filing the 13-f forms and actual habbenings.
They really do not want anyone to know who does what with these big blocks. You used to be able to tell looking at order flow but it's all Algo trading that fire off 100's of trades within 1 second of time. Never see most of it.