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Netflix, Inc. Message Board

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  • kupi23 kupi23 Nov 25, 2010 9:28 AM Flag

    Stock is about to have liftoff

    I'm in agreement with Einstein. This stock has more positive things going on with it than negative. Cripes they basicly turned Blockbuster bankrupt and now have deals with both Apple and Google with their respective TV ventures. $250 will be easily achieved by the end of the year thanks to the shorts that don't understand this.

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    • Earnings are down 12.5% from 2Q10. Cash and equity are also declining and the future looks bright because they cut prices on most popular service and raised them on the less desirable services?

      • 1 Reply to soitgoes49
      • Advertising and the cost or acquiring new customers for that matter will flatten and then decline. They are adding more that 1 million subscribers per quarter. That in itself will increase the top line (revenues). As more people veer away from mail delivery videos to the streaming that will be more profitable for NFLX because less costs associated with streaming. A few people will complain and go away as customers and they can get in their car and drive to a blockbuster or redbox. When Ophra's NFLX recommendation on the Christmas special airs that will be another bost to subscriber growth. Watch this go to $250 by the end of the year!

82.79-6.92(-7.71%)Feb 5 4:00 PMEST