Buy! He knows something we don’t.
He’s hoping people like you believe that he knows something. Not all of his endeavors have been successful, and I believe this is another one. Short term perhaps, long term I don’t think so.
Probably he just bothered to read the article and not the headline. There was the big news of Netflix subscriber count being lower than expected. The headlines all said “x million fewer subscribers” but the story was “x million fewer NEW subscribers”. So the stock tanked, but subscriber count is still going up, the company is still strong. That’s pretty much textbook good time to buy.