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Forum - Wall Street Pit (Netflix - NFLX)    Stock Due Diligence for All

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From: mysher (Rep: 90) reply to tokyopuaDate: 01/29/2011 09:19
Forum: Wall Street Pit - Msg #2076035 - List NFLX msgs Thread #673154076 (Rec: 0)
Great DD tokyopua Re: NFLX CEO sold all his remaining shares today:



The Trend is your Friend, whether UP or DOWN.


Reply to tokyopua - Msg #1573 - 01/28/2011 19:13

NFLX CEO sold all his remaining shares today:

http://finance.yahoo.com/q/mh?s=NFLX+Major+Holders

Holder Shares Reported
HASTINGS REED 0 Jan 27, 2011

http://finance.yahoo.com/q/it?s=NFLX+Insider+Transactions

Jan 27, 2011 HASTINGS REEDOfficer 5,000 Direct Option Exercise at $1.50 per share. 7,500
Jan 27, 2011 HASTINGS REEDOfficer 5,000 Direct Automatic Sale at $207.11 per share. 1,035,550
Jan 20, 2011 HASTINGS REEDOfficer 5,000 Direct Option Exercise at $1.50 per share. 7,500

OK, sure enough, zero shares as of selling today.

Nice DD, feel ALL THE MORE SECURE about having shorted today. Get out at the top like the CEO = smart move. He apparently saw the great market crash of 2011 coming too. Give the guy some credit, he is like Mark Cuban, selling all he has at the EXACT TOP.
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