There's nothing inconsistent with what I say because there are analysts with low price targets. You are simply unable to follow the conversation.
"I said 'There are plenty of analysts with price targets about 450'."
and plenty WAY below, some under $300, that says it's speculative, not fundamental, and since you like speculation the PEG is 5, over 1 is not considered a buy, and the freaking market itself has been on a giddy ride.
Stocks going up on demand are not quote stuffed, deal with that fact.
I admit the end of 2017 is a stretch but I made it 2 years ago. You'll see exponential growth though and 150 will come soon after that target.
Otherwise I have no need to respond to your childishness.
I have destroyed you in our conversation which you weren't even able to follow the most basic components of. I've posted belligerently on this board before and I know how the ego prevents you people from admitting failure. I don't need to discuss any further simply because you reiterate your nonsense in new words.
LOL. You mean a couple-three psychos who post obsessively "comprise" a board of "entirely shorts." The NEXT time to short NFLX is the next earnings date. I hope it goes to 600. Basic fundamentals ALWAYS win out in the end. Your projection of 150 million subs by the end 2017 is...LUDICROUS. ABSURD. INSANE. To do that they would have to add 7.5 million subs for each of the next 12 quarters. You are an IDIOT....DUMBSETTER.
Your hypothesis that disagreement is the reason for my calling people morons is wrong. I can handle intelligent disagreement. The posts here, including yours, are not even in the ballpark.
You guys are the equivalent of some fat, dumpy kid that thinks he can be a walk-on for a pro baseball team then you get to the try-out which is put on by the local church and see a bunch of other fat, dumpy kids and all give each other high fives. Then I point out you are all fat and dumpy and you get agitated. That doesn't mean I think everyone is fat and dumpy.
Possibly. I don't actually think that shorts have anything to do with it. I just would point out that there's no reason to believe that the predominance of shorts here is a signal to be short.
Most of you here think you can come to a snap judgement about how the market is wrong without doing actual research and being actually skilled at valuing companies. I don't think any of you would score well on a basic quiz about the Netflix business itself or it's competition or how contracts in the industry work, etc.
So somehow while being completely ignorant, you know the market is wrong?
This is a parade of C students here who must have been told they were 'special' a few too many times.
Agreed. I smell a rat. Analyst have been quick to raise the target price but they have substantially lowered their earnings estimates. 2015 is now at $3.65 (was $4.62 one week ago) vs 2014 actual of $3.69 and 2016 is now $5.92 (was $7.20 one week ago).
You are unable to follow this short conversation, so I will make this my last post.
I said 'There are plenty of analysts with price targets about 450'.
You said ' no, the average target is $10 lower than today and that's after another perfect year.'
I said ''So because the average is below 450, my statement that some analysts are above 450 is incorrect?'
You said ' The AVERAGE is lower, meaning some are far below $10 less than today as well'
There's nothing confusing about this if you have at least average intelligence.
Why is it you call question the intelligence of anyone who disagrees with you?
Dont you realize thats a sign of low intelligence and / or mental illness.
Agree with hawcreek that few people think NFLX is worth $450 on fundamentals. Doesnt mean it isnt worth trading. Heck, I just sold a tulip bulb for $453.88 a few minutes ago.
I don't think most of you have a lot of money to lose, but nevertheless, someone needs to break up your little echo chamber. You ever wonder why this board is almost entirely shorts, and has been for 10 years? Do you ever get the impression that the shorts posting here are particularly deep thinkers?
I recommend anyone that still has a fairly open mind to log-off. Maybe that's what all the longs have done already.. logged off and went on vacation with their success.
"So because the average is below 450, my statement that some analysts are above 450 is incorrect? Wow, failure."
I am wondering if you are as dense as your posts or if it's just a job? The AVERAGE is lower, meaning some are far below $10 less than today as well, and analysts are for sheep. Check and see how many weren't pumping QUALCOMM in 2000 when it collapsed.
Maybe you're too close to NFLX business, these good things eventually have to translate into money, the numbers are certainly not clear that half this price is justified on those future earning.
And again, not open for argument, this is a manipulation, been in the market 28 years, seen many, don't confuse that for value.
Stocks headed up on their own are not quote stuffed.