Amazing that some here think they know more than Barrons, the CEO and ICAHN! They are camp Icahn JR, gleefully unaware that brains skip a generation. They still see a MOMO even tough the Monster announcement of a new TV interface moved the stock 0.47%!!!
Sentiment: Strong Sell
peanut brain Pachter again:
But Netflix shares production costs with studios in exchange for a license that it must renew, often after two or three years, according to Pachter. "They own nothing," he says.
It's a stupid comment. I could build a skyscraper with rented equipment. I get paid a fortune, and at the end I take the equipment back. Pachter says 'you own nothing'. Does he want DVDs sitting in a corner?