Option Block 91: The Widowmaker Rides Again
Option Block 91: The Widowmaker Rides Again
Trading Block: The "Widowmaker" (NFLX) CEO apologizes for the screw up with their pricing and thusly losing 1 million customers and the stock dropping 50% since the price increases in July. Could Netflix split into two separate businesses? Lenders tell Greece to get its act together and reduce the size of its government, or run out of cash within a few weeks. Metals/Commodities rundown -- collaring gold until November. Oil really took it on the chin due to uncertainty in Europe.
The Odd Block: Range Resources Corp. (RRC) saw its shares pop late this…
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