Seems like there is nothing left to make this go up or down
The verdict is in, Guilty as charged, yet the market let NFLX off with leniency. I can't see anyone foolish enough to upgrade, we won't have any real information to send it down unless the CFO or Reed quits. Maybe a credit downgrade, overall market crash or other analyst downgrade, but it feels like we're stuck here.
but, of course, that's always the feeling I get before things go totally crazy, just wish I knew which way........
I am out of predictions for another month, but this is my wish list for the next 3 weeks:
SEC Investigation into Accounting
Big Studio pulls content and signs with Verizon/Redbox or Amazon
Class Action Lawsuit
Another Public Offering
Not much else I am hoping for, just want an early Christmas present. $45 by November expiry....and that's still overvalued
You could very well see Netflix trade for 100 a share in December. Smart people can see what he is doing takes a year or so to position solidly global, he has positioned netflix to dominate the future and he is always making sure the streaming and interface is the easiest, the most enjoyable, and best to look at on these new smart tv's.....most futuristic with the newest toys, the newest tv's are so much better, more fun and way different then those just a couple years ago. I can't even imagine those coming out at the end of 2013 christmas. I am sure Reed has some good patents and that he will be submitting some of his menus so they are not copied on the best newest smart tv's.
you clearly have no international experience. Their approach to expansion is without vision, poorly executed, too fast and the road to ruin. Latin America is a clusterf*ck -will never get profitable. UK and Scandinavia are just too competitive and not big enough for more than one or two players. They have no presence and start up with an ad blitz that lasts about 9 months and flames out. Canada is about breakeven, but no more room for growth. They will never make money again, most likely. If they execute perfectly maybe $2-$3 a year with a lot of luck.
No smart people would put a penny in this guaranteed loser.