Featured

Netflix And It's Ten For One Reverse Stock Split

No longer is Netflix a $1,000 stock. Now the common man can buy it. That's the new logic. Today Netflix is now trading after a "ten-for-one-reverse-stock-split". Netflix was up $8.51 last week when it was trading at it's old level of over $1,000 per share. Perhaps the street was buying in last week on the hopes that a new wave of buyers will be buying in at this weeks newly adjusted price. Now this, it's five day chart. Now this weeks Call and Put options an hour or so into the opening markets.. Whatever happens it's not going to be a comfortable ride. Maybe it could go both ways. Now it's end of day readings. ..... ..... Here is how the markets closed the day. The now current question is which way will this stock trade on an upward day? One unusual factor is that the open interest in the Puts far outweighs the open interest in the Calls. To me that's counter intuitive. To me that looks like trap for all the Put holders. Usually there are more Cal...

Nasdaq Rules About The One Dollar Level. A Quick Interesting Read

When I was reading about "Sundial", a Calgary based marijuana stock I came across these rules and how they are applied.
Watch for a future blog about Sundial, a stock with 2.06 billion shares outstanding.

Comments

Popular posts from this blog

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Another Blog On "Vinfast"

Waiting For A Drop On The Opening On Bad News - Eli Lilly