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Netflix, Inc. (NFLX) Message Board

  • csco_brat csco_brat Dec 4, 2012 6:56 PM Flag

    wedbush analyst says the costs of the deal "are going to sink Netflix"

    Wedbush Securities Michael Pachter said he doubts the Disney films will attract enough subscribers to offset the expense.

    "These costs are going to sink Netflix," he said.

    Pachter has been urging investors to sell their Netflix stock because he believes the company will either lose money or post puny profits for the years to come.

 
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