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Net Flicks Earning Surprise
net flicks said that they were testing password sharing subscription models. After that announcement of the subscriber loss, net flick stocks fell forty % that day. It is now down 70 % from its high, still back in 20 13. Next flick was selling for 25 dollars a share,. Now it's at 200 dollars a share. The financial markets do a pretty good job of pricing things, and he feels like this price is fair.