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Netflix, Inc. (NFLX) Message Board

  • lifesweetingreencountry lifesweetingreencountry Oct 9, 2013 4:43 AM Flag

    Makes Sense

    A correction right now makes sense: Icahn's investment just became LT gain; U.S. debt worry and two year DJIA run has Funds taking profits, particularly vulnerable stocks; NFLX stock is five times + its level of a year ago; NFLX holders go to the sidelines awaiting Q3 earnings and subscriber figures.

    The slide is just 10% from NFLX's peak. A steep correction underway? Dunno, and neither do you. The big risk for longs: Netflix misses on subscriber growth.

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    • PS. What has struck me for some time with Hastings saying that Netflix's future rests with original content is how puny the results have been: promising Lilihammer with Steve Van Zandt aborted; Hemlock Grove a bust; recycling Arrested Development fails, Orange TBD; House of Cards wins Emmys but Spacey's dark version not nearly up to the British original.

      Fascinating content that grows viewership is rare.

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