Netflix, Inc. (NFLX) Message Board

only small little problem nflx has now, is major, major, major increase in viable competition, skyrocketing content costs, shrinking pie and a astronomical valuation. CSTR has a PE 60 may I repeat 60x less, and a much more solid business model. thats whats wrong with nflx. future growth is fine, but I really beg to differ on how rosey their future profits are, I guarantee nowhere near enough to justify this valuation. THATS the real problem. 80 dollar stock. and thats generous. see you when it implodes again. It will.

yeah that's it. future profit. what market are you watching. it's the floating fed trade. it works, until it doesn't. good luck getting out of any of these names when the trade reverses.

We don't care about PE either. It's burning cash, taking on more debt, has massive content obligations it can only pay for with 20% yoy sub growth over next several years.
when sub growth shows any signs of slowing, party's over!
crash, burn, etc...

Sentiment: Sell

AND ROTTEN EGGS ARE ALWAYS CRUSHED IN A CRASH PIT

Sentiment: Strong Sell