Comments on: Netflix Stock on Pogo Stick

By: jeremy

jeremy — Wed, 17 Jan 2007 00:38:01 +0000

im actually a little surprised that the stock was on a downtrend like that. i would imagine that the announcement would force people to cover their shorts which would artificially stabilize the price. i thought the drop would occur one or two days from now.

By: Andrew Parker

Andrew Parker — Tue, 16 Jan 2007 23:50:19 +0000

I absolutely agree that fund managers could never be that clairvoyant, and I don’t mean to imply that anyone could have pulled off that combination of long and short calls. However, I made the 20% gain comment to exemplify the size of the recent swings. Pretty awesome.

By: jeremy

jeremy — Tue, 16 Jan 2007 23:45:13 +0000

i doubt even the best fund managers can time the market half that well. it seems that the blogosphere has been doing a lot of complaining lately. im willing to be you can build a big business solely around complaints.