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Postal Service Surcharge Could Slash Netflix Profit

GreyPoopon Re:Netflix says they will just change the envelope (268 comments)

Why would someone that shorted the stock want to buy more at a lower price ? Perhaps you do not understand the concept of "shorting" a stock.

You need to look at what's probably going to happen. This FUD, if public enough, may cause Netflix stock to drop. This represents an opportunity for traders with a short position to cover by buying at a lower price. This also represents an opportunity for people who want to buy stock to do so at a lower price. The next expectation is that when the world realizes this is no big deal for Netflix, the stock will rise again and all those who bought low will have earned something on their investment.


Maybe you think that the suggestion was for the short-sellers to short some more at the lower price? That, indeed, would be an unwise move.

more than 6 years ago

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GreyPoopon GreyPoopon writes  |  more than 7 years ago

GreyPoopon writes "It appears that things are about the get very interesting for SCO Group. With less than thirty minutes left in trading, SCOX appears set to close below the one-dollar mark for the first time. This is no big surprise after last Friday's devastation, but it's a great way to end the week. The question is, if SCO gets delisted by NASDAQ, what happens with the court case?"

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