Whats funny is $225 implies an annualized earnings of $6.5 which is higher than this company will ever make.. Remember this is a company growing at 17% (actually only 7%, if you include share dilution). You can't short it as it is clearly controlled, but who is buying at these numbers?
So what will we learn from the earnings release...absolutely nothing. Hastings will package together a bunch of meaningless factoids (hours watched, growth in content, user satisfaction) none of which will address that this is a zero margin game being played by Reed. As soon as this company tries to justify its expenses everyone will run for the cheapest solution.
you're nuts, they don't care about cost, they care about subs and subs will be way higher than projected. I don't know about guidance, but I suspect that will be up, too. I see $300 the week after earnings. i think it starts to crash in mid-late August