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Friday, May 11, 2012

Stock Alert - Netflix (NFLX +5.1%) pops after Director buy back share- 5/11/12

Netflix (NFLX +5.1%) pops after Director Jay Hoag, also founding general partner of Technology Crossover Ventures, recently bought 200K shares. The purchases occurred on May 8 and 9 at prices of $71.20-$74.39, worth ~$14.5M; before these buys, Hoag had been a seller in the $100-$270 range

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