1. Increased competition
2. Market saturation (apprx 120mil household, times $100/yr = $12 billion for US, market to be shared by way too many competitors)
3. Thinner margins
4. Higher content costs
5. No moat
Forget abut oters coming with new business models, new technology.. even under current scenario, Netflix overvalued by more than 80%.
Thisis a bubble stock, reminds me of jdsu, avici, corvis etc etc during 1999- early 2000 with valuations in tens of billions of dollars because of growth and yes cramer was pumping them. Very soon a lost of them lost 90-99% of their value.
Dont be surprised to see Netflix at below $50 as lack of growth and margin squeeze and higher ammortization costs puts a double whammy.
Death of the American dream
By BOB HERBERT
"This is the environment that is giving rise to the worker protests in Wisconsin, Ohio and elsewhere." Absolutely correct, which is why the protests have such widespread support, and why private sector workers are coming out to show solidarity with people who work in the public sector. It is protests like these which rekindle people's sense of optimism and give them the confidence to fight for a better world. --PG
Buried deep beneath the stories about executive bonuses, the stock market surge and the economy's agonizingly slow road to recovery is the all-but-silent suffering of the many millions of Americans who, economically, are going down for the count.
amen for suckers
the song on you tube
JUMP YOU $uckers ..watch the Video
scam toilet paper ..suck on it zombie suckers
when will this crook be nailed?
like Ebbers@worldcom after the crash to zippo
USA ZOMBIE WORKING CLASS CLOWNS
COWARDS WITH NO BALLS
ROME DID NOT BURN IN A DAY
amen for suckers
WORTHLESS SCAM AND LOOT CRIME SCENE
ONLY IN USA
Leap puts is what i have as well as staggered puts. how long can they keep this scam up?
Okay if some of my puts expire worthless, but i also wrote some long terms leap calls,my puts costs countered by them.
The only reason this stock is at these levels, is because institutions own about 80% and to many shorts. At this time they are thinking and analyzing what next. As soon as one big boy starts dumping...the heard will follow and its not going to be pretty at all.
If I ever get hold of you, I will stick it in you so hard and deep, you will yell bloody murder a-hole. Your netflix shares will get devastated, you will be a street bum, maybe working as a walmart greeter.
You can take your advice and stick it where the sun don't shine. I don't short or play puts or calls. I buy the company shares and thats it.
So i bid you adue. For this game with you is over.