Monday, August 13, 2012

Neflix CEO Buys $1 million of Facebook Stock

  At a price of around $21.03 per share, Reed Hastings, CEO of Netflix invested $1 million in  Facebook (FB) stock.

   Since Facebook's IPO the stock has plunged from $45 down to its current price, and some believe it is a bargain now. Obviously Hastings does.

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