Do you own NFLX? - GoFuckYourself.com

DateDoc · 01-26-2011, 03:42 PM

Congrats! Up 10% after hours. Netflix posted a 52% increase in revenue and posted 1st qtr guidance well above analysts estimates.

Houdini · 01-26-2011, 03:56 PM

Great numbers, but the stock is overvalued. It's trading at 69 P/E, which is about three times higher than it should be. One bad quarter and it'll tank hard.

wdsguy · 01-26-2011, 04:00 PM

sold it and locked in my profits.

Supz · 01-26-2011, 04:04 PM

That company is a beast. It comes with all new TV's. No one is going to buy an on demand movie anymore.

DateDoc · 01-26-2011, 04:06 PM

If they do it right netflix, in a few years time, could be the next "cable tv company" and it will be available anywhere on the net.

Houdini · 07-25-2011, 02:20 PM

Anyone still holding? Down 27 pts and dropping in AH on a bad quarter.

vsex · 07-25-2011, 04:23 PM

Quote:

Originally Posted by Houdini

Anyone still holding? Down 27 pts and dropping in AH on a bad quarter.

Down $29.03 (-10.31%) in After Hours. Hope you sold before the bell today!

Young · 07-25-2011, 04:41 PM

Streaming is the future. But studios aren't going to play ball with Netflix. Something has to give.

vsex · 07-25-2011, 04:51 PM

Quote:

Originally Posted by Young

Streaming is the future. But studios aren't going to play ball with Netflix. Something has to give.

Actually, alot of the studios are starting to cave. Dreamworks is in talks with them currently...

Houdini · 07-25-2011, 04:51 PM

Quote:

Originally Posted by vsex

Down $29.03 (-10.31%) in After Hours. Hope you sold before the bell today!

I've never owned any shares. People made a boat load that held it, but their P/E had climbed to 80, it was obvious it was going to crash one of these days. I wished I had been paying attention to their earnings release earlier today, I wanted to buy some puts before they announced. Oh well.

96ukssob · 07-25-2011, 10:14 PM

zoinks!

Ive been debating to buy BofA stock, its right around $10 and missed the boat last time it went from $4 to $16 in a few months

mynameisjim · 07-25-2011, 10:40 PM

It's a good stock. But I laugh at consumers who love how they put Blockbuster out of business and that Netflix is taking over.

Once they own the streaming business and have all the studios on board, do you really think they are only going to be $15/month..lol

I promise you, within 5 years Netflix will cost as much as cable.

Great company, but consumers should plan on getting screwed.

Houdini · 07-25-2011, 10:48 PM

Quote:

Originally Posted by bossku69

zoinks!

Ive been debating to buy BofA stock, its right around $10 and missed the boat last time it went from $4 to $16 in a few months

BAC is getting hammered, and there's a whole lot more coming. I've owned the stock for years, and should have dumped it years ago too. At this point, it does me no good to take a loss at this price. I'm hedging each month by trading options, and right now, currently holding puts. Their Citywide mortgage holdings are going bring them a lot more pain imo. Wouldn't be surprised if this stock is $5 bucks early 2012. One of their biggest supporters, hedge fund manager, John Paulson, who predicted the housing bubble and made billions, was extremely bullish and had $30 price targets for them earlier this year. Needles to say, he's dumping their stock like crazy over the past month and I think he's going to sell his entire position. His average price is $8-9 dollars, which is not too far away. Unless somehow they can get all that mortgage debt off their books, which it doesn't look like they'll be able to do for some time, they're going to keep drowning.

Advice worth the price charged

mafia_man · 07-25-2011, 11:03 PM

Quote:

Originally Posted by Houdini

Anyone still holding? Down 27 pts and dropping in AH on a bad quarter.

Amazon entering the market soon.

That stock is going south.

01-26-2011, 03:42 PM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Do you own NFLX? Congrats! Up 10% after hours. Netflix posted a 52% increase in revenue and posted 1st qtr guidance well above analysts estimates. __________________

01-26-2011, 04:06 PM	#5
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	If they do it right netflix, in a few years time, could be the next "cable tv company" and it will be available anywhere on the net. __________________

07-25-2011, 04:41 PM	#8
Young Bland for life Industry Role: Join Date: Nov 2004 Posts: 10,468	Streaming is the future. But studios aren't going to play ball with Netflix. Something has to give. __________________ ★★★

07-25-2011, 10:14 PM	#11
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	zoinks! Ive been debating to buy BofA stock, its right around $10 and missed the boat last time it went from $4 to $16 in a few months __________________ Email: Clicky on Me

07-25-2011, 10:40 PM	#12
mynameisjim Confirmed User Join Date: Aug 2007 Posts: 2,985	It's a good stock. But I laugh at consumers who love how they put Blockbuster out of business and that Netflix is taking over. Once they own the streaming business and have all the studios on board, do you really think they are only going to be $15/month..lol I promise you, within 5 years Netflix will cost as much as cable. Great company, but consumers should plan on getting screwed. __________________ jim (at) amateursconvert . com Amateurs Convert

01-26-2011, 03:56 PM	#2
Houdini Confirmed User Join Date: Dec 2001 Location: SoCal Posts: 1,651	Great numbers, but the stock is overvalued. It's trading at 69 P/E, which is about three times higher than it should be. One bad quarter and it'll tank hard.

01-26-2011, 04:00 PM	#3
wdsguy Ryde or Die Industry Role: Join Date: Dec 2002 Location: California-Shanghai Posts: 19,568	sold it and locked in my profits.

01-26-2011, 04:04 PM	#4
Supz Arthur Flegenheimer Industry Role: Join Date: Jul 2006 Location: New York City Posts: 11,056	That company is a beast. It comes with all new TV's. No one is going to buy an on demand movie anymore.

07-25-2011, 02:20 PM	#6
Houdini Confirmed User Join Date: Dec 2001 Location: SoCal Posts: 1,651	Anyone still holding? Down 27 pts and dropping in AH on a bad quarter.