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Netflix, Inc. (NFLX) Message Board

  • billsburgers billsburgers Dec 30, 2013 4:22 PM Flag

    Launching at $6.99 offer

    Seeking Alpha says it's a harbinger of a price increase. But we know what happened last time this happened? Why would they do this? Bc off balance sheet obligations are exploding.....that's why?

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    • Well, this blows Amazon's price advantage out of the water. Amazon will have to continue with HEAVY marketing to defend its recent growth. Then again, it also decreases Netflix's revenue by $30,000,000 a month assuming that most people don't switch plans and maintain the single stream. That can't be good for this stock.

      I'm not sure if this is a good thing or a bad thing, I have to see what people in my neighborhood do, upgrade to the 4 stream plan, maintain the single stream or cancel the service. Almost everyone I know is ALREADY a prime member and ~30% stream over amazon, not that many even though I've told them about it.

      Sentiment: Hold

 
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