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.

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.

sold it and locked in my profits.

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

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.

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! :Oh crap

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...

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.

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

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.

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

Amazon entering the market soon.

That stock is going south.