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Netflix, Inc. Message Board

  • soylaberga soylaberga Aug 12, 2010 9:06 PM Flag

    Going to $200

    look this a $7B company, making $150M trading at 37 times book value
    This is a wonderful short squeeze, $38 in 10 trading days WOW.
    The "good" news is the company's cost of doing business will increase as they need to purchase more content rights, vs before where the could share revenue on dvd's, nice deal.

    $200, $300 why not $1,000 this is a casino stock, price is not set by fundamentals, it is set by the marginal buyer, most likely a short having to cover their bets. The problem with that is once the shorts are done covering there will be no buyers on the return trip.

    Such a great stock that insiders have dumped 6M shares in 12 months, the ceo alone has sold 1M share in 24 months. Those schedule 4 fillings are so frequent they should place them in the streaming category. Enjoy the roller coaster.

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