this pig has to be a pump and dump...$1 billion to allow streaming of additional movies doesnt warrant such a gap up.... lets see 50 P/E, in addition blockbuster which has no 28 days wait for new movies + just added game rentals to its membership fee (a game changer). Going to buy some puts tomorrow, 6.5billion market cap wtf....
up 400/ea on aug 140 puts, up 100/ea on aug 130s sold all aug 125 puts for breakeven from yesterday, at risk to expire if nflx stays this strong.
From the news I read, <a href="http://www.socialnews.biz/tag/Netflix%2BInc.">Netflix</a> seems to be expanding like crazy. Maybe they'll get bought out by a cable provider that wants the distribution channel.