Netflix stock jumps up 13 percent over Microsoft buyout rumors

[Poke]

Hmm that would be interesting..

http://www.neowin.net/news/netflix-stock-jumps-up-13-percent-over-microsoft-buyout-rumors

 

[Neutron]

Please no!!

 

[TheForce]

Since that rumor, Carl Ichan, volunteered he was buying Netflix and had accumulated 10% of the company. The stock jumped up again and I seized the opportunity to dump 25 of the 35 shares I had remaining at big losses. Then the truth came out that Carl only held options. The stock rolled back again.

I still like Netflix as a user but I lost big time on the stock after the Reed Hastings screw up. Carl Ichan, if you recall was the guy who ruined Blockbuster by not buying out Netflix when it was small and then claiming that video on demand on line was never going to go anywhere.

Please let there be one more good rumor so I can dump the remaining 10 shares!