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Netflix, Inc. (NFLX) Message Board

  • bagofswags bagofswags Apr 27, 2013 11:06 AM Flag

    FRAUD ALERT - House of Cards cost? where is it?

    we have heard about the $100 million price tag, perhaps for 2 seasons. the series has been exhausted and no one really watches it any more. content amortization is up as usual with increases in assets, but no bump in cost for the tens of millions or more that they should have expense for house of cards? it would be interesting to see the commitments, payments and viewership post April 1 of this series, but that will have to wait in bankruptvy court

    Sentiment: Strong Sell

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    • You were one of the main bashers when NFLX was down in the $70s. So, you took a savage beating on your short position, and disappeared. Then you reappeared with the idea to short in the $170s and started bashing again. Obviously you took another beatdown and now you're crying FRAUD and bankruptcy.

      Give it up. This stock has mounted and mastered you.

      • 1 Reply to t_e_n_k_a_y
      • Not quite, i had insurance on the upside, no one was uncovered one way after january. Seems like i've been right all along, that doesn't mean the market agrees, they just shift the goalposts. $7 for 2012 earnings? Oh, well we changed our mind the 30 cents they made the past 15 months is just fine. 42 million subs by 12/12? Oh, ok 36 million by 3/13 is fine. Huge misses, but wall street fraudsters forgive easily when it benefits them. Face it, the only thing holding this up is large positions by Icahn and another huge mutual fund. That could change quickly. icahn usually holds through bankruptcy, though, like TWA and Blockbuster.

        Sentiment: Strong Sell

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