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Let's hear a little chatter out here!


"My golf game is like late night- Cinemax.... all 'fore'-play"


* NetFlix (NFLX), which I'm still long, is getting rammed higher today after being featured in Barron's last weekend. The article noted the stocks "hard-to-borrow" short-interest levels, large amounts of call buying.

I know the questions surrounding NetFlix' accounting, and Herb's big-picture take, but over the last few weeks this stock has been a Boo-Slaying nightmare for the shorts. As I was fond of taunting when I used to scrape out occasional birdies on the golf course, "there's no room in the little box to write down how I 'got lucky' on that putt".

NetFlix remains a not-great company. They just aren't ever going to be driven out of business by Blockbuster (BBI), as a lot of shorts were (are?) betting would happen. Good enough, for a trade. For the record, and not advising, I've taken some off the table.

* No, I don't ever make birdies anymore. The few to which I previously seemed allotted dried up entirely the instant I published a snarky sandbag comment about my index being 32, for the purposes of Ojai golf competition. I also listed my weight at 347 in that same column; another comment which seems much less "funny" and more "painfully ironic", in retrospect.

* Speaking of NetFlix looking best when contrasted against its major competition, I'm thinking Whirlpool (WHR) is going to regret chasing Maytag (MYG). Whirlpool is eliminating a food source for growth (in MYG), it's not going to be easy to "fix" MYG and they are chasing the ask in order to buy the "win", among other behaviors which usually get companies/ people in trouble.

* Another reason to doubt the buyout of Gap (GPS): the founding Fisher family still has well over 10% of the company's stock. Not that it's a good day to be on the short side of a good retail-buyout rumor; GPS has held strong all day on huge volume.

* There's a good long-form column in today's NY Times b-section on the previously buzzed release of Electronic Arts (ERTS) latest version of Madden, which came out today. The author wonders whether or not there is a creativity void at ERTS, what with their reliance on sequel titles.

Of course, the Times had several thousand words of fluff in praise of ERT's now-delayed Godfather title just a couple weeks ago, so perhaps things aren't that bad, creatively. In terms of the business, Madden sales will be very closely watched. If they come in soft we could have the makings of yet another "surprise" ("you mean there's a console transition that could hurt sales this year!?") leading to some selling.

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Position in NFLX

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