If it aint broke, why fix it? I understand that the cost to stream content has risen exponentially, but increasing your most popular service by 60% is NOT the answer. Imagine if any other of our non-necessity expenses or services increased 60%? We would cancel immediately. They should of had incremental increases, 10% a quarter or something, but 60% all at once? C'monn management team, think outside the box!
That's what the company gets for passing the bill on to us, their customers. Nonetheless, at these levels it's clearly oversold and the fundamentals haven't changed. That my friends always equals a buy.