Mon, Jul 28, 2014, 2:53 AM EDT - U.S. Markets open in 6 hrs 37 mins

Recent

% | $
Click the to save as a favorite.

Netflix, Inc. (NFLX) Message Board

  • pro.trader62 pro.trader62 Mar 6, 2013 11:29 PM Flag

    PATCHER IS A VERY GOOD ANALYST AND GET IT RIGHT MOST OF THE TIMES. THIS CALL IS AN EASY ONE FOR HIM...

    NETFLIX IS WAY OVERVALUED: TOMORROW EXPECT A BIG DROP.

    Pachter. They have
    destroyed their DVD business, they are chasing windmills overseas, where content
    owners are going to fight them. They are trading like they are worth $30 per domestic sub, when in fact they make just $2.50 today.

    Pachter was asked about the initiation of coverage of Netflix by RBC
    Capital Mark Mahaney on Monday, with an Outperform
    rating and a $210 price target. Mark is an incorrigible optimist said Pachter, continuing,
    Netflix did something very clever in Q4. They made $950 million in revenue, and they spent
    $937 million, so they produced $13 million in profit that took the stock up $5
    billion in market cap. Was $13 million really worth $5 billion in stock value?
    They were expected to lose tons of money, they produced a small profit. Who
    cares?

    Sentiment: Strong Sell

 
NFLX
421.86-3.52(-0.83%)Jul 25 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.