Thursday, September 29, 2011

Netflix drops like a dead fly...anyone buying?

52 week high is 304.79; 52 week low is 108.44, which is today's low. If you're keeping score, that's over 64% drop between the 52 week high and today's low. Just today, it's down over 14% with an hour to go. 

Call me crazy but with a new market capitalization at $5.74B, it's about ripe for the picking, no? And by picking, of course, I mean buyout of Netflix.

So who's got very strong interest in buying out an online streaming content provider, that it ponied up a reported $4B for one such company?  Who, indeed?







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