NFLX & FLSR Tanking Big Time

Posted by Kris | Wednesday, October 26, 2011 | | 2 comments »


NFLX aka Netflix dropped a whooping -35% to close at USD77.37 after they missed earnings and also mentioned that they lost around 8 million subscribers. This company is the one that bankrupted Blockbuster. This company was once a USD304++ stock.

And FSLR aka First Solar the world leading solar panel manufacturer also lost -25% to USD43.27. This company was once a USD175++ stock.  They even have a factory in Malaysia, i think somewhere in Kulim. Not sure about that.

I was watching over both this stock, but FSLR tanked when I went to sleep earlier :(



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2 comments

  1. LCF // 10:30 PM  

    Interesting, seems like Netflix high was just at July this year. That's awesome for investors who long puts!
    Yea, First Solar is in Kulim. By the way, Ikkaku pic represents 'bloodshed'?

  2. Kris // 11:22 PM  

    It is amazing if anyone managed to catch the USD30 drop with options.. Easily USD3000 a pop.

    I just like the ikkaku picture, very nicely done.

    I heard that the First Solar factory in Malaysia is very huge in terms of building area!!