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Netflix, Inc. Message Board

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  • mdg7373 mdg7373 Feb 26, 2011 2:29 AM Flag

    Cramer says to buy $NFLX only below $200

    I have only a small play on NFLX, some way out of the money puts for when this tanks royally. I wont lose any sleep if it goes a higher. But my opinion is that this is wildly overpriced & as competition heats up, the share price will tumble. There is next to no chance of this hitting $400. or $300 for that matter. There is very little upside left, and the downside is huge. Buying in now is crazy. You already missed the boat & are buying just in time for the fall ...

 
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