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Netflix, Inc. (NFLX) Message Board

  • rrs0007 rrs0007 Apr 6, 2013 2:01 PM Flag

    Now I know why netflix keeps sinking, they are going to raise prices.

    I follow netflix but dont any as it would scare me to death. All I keep seeing is much selling when ever
    they been trying to rally. I kept looking for news, but nothing. Now the media is hinting on them raising
    prices. Looks to me like the cat got out the bad a couple of weeks ago.
    You can bet your #$%$ that Icahn is selling and reaping billions as he bought at 50ish.
    But at least now I know why they keep sinking.
    Online stream to competitive to be raising prices. Amazon is not raising prices, but their library is growing.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • NFLX sank because of the Icahn Rumor. NFLX crossed below 50-Day MA, which broke the support level. NFLX kept sinking due panic selling.

      NFLX hit by Icahn jitters. Netflix Inc. is trading lower Wednesday on speculation that Carl Icahn may have sold shares in the company. NFLX -4.69% is down over 4% on rumors that Icahn, who bought a 10% stake in the video-streaming company in October, may have reduced some of his holding. The stock recouped some lost ground after CNBC reported Icahn rejected the speculation but there does not seem to be strong sustained support for the shares.

    • Raise prices and loosen his stranglehold grip on the competition? Hastings would never do that now, they will only raise prices after the market matures many years from now and the competition has been sent packing. Raising prices while continuing to add content will be Netflix's next big leg up in revenue growth. For now Netflix has plenty of growth in streaming revenues that will more than cover their future content obligations.

      Sentiment: Buy

      • 2 Replies to garolou22
      • I agree raising prices would be dumb, but the cost of content is rising. Original Content providers in the mix now but whats worse is the incredible price this trades for. If you take the most optimistic analyst ebitda projections in 2017, its still over valued. But not as bad as Amazon and thats what keeps people in

      • LMFAo
        I have never, ever, in my whole life, have a dumber response than yours. You are by far, the dumbest person I think I have eve come across, either that or u are 12 years old who got ahold of ur daddys comp.
        tank you for providing us with the most dumbest of ever responses to any question ever.
        u are now, declared the dumbest #$%$ #$%$ alive.

    • quite possible, possibly annoucement on ER day.
      price hike, gap down and a secondary just like 2011 is not out of the question

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