Thu, Dec 19, 2013, 5:31 PM EST - U.S. Markets closed  Netflix,
Inc. (NFLX) Message Board    • mayerbci mayerbci Sep 6, 2010
4:08 PM Flag      $138 is an illusion      NFLX is whipping back
and forth because of it's 30% short. It just adds artifically to
it's daily volumn creating bigger moves. It hits $142 in a rush
and then slides back as short covering starts to ease. The
lessening short covering reduces buying this reduces the buy
percent leading to a declining price. As the short term
recognition decreases the kneejerk reaction to cover is abated.
So NFLX floats back down, down, down. Pick it up at $120, $115,
$110...and short profit taking increases, increasing
buying...and it'll move back up. Who benefits the most? Market
makers creating volatility in NFLX. Investors, traders win and
lose.      Personally, as a company NFLX is fine but as an
investment the numbers don't match the stock price. Way
overvalued in today's market. Their growth while moving up does
not warrant it's high PE and price.      Sor