I sold a small piece of netflix holdings that had doubled. Today, I increased my netflix account status to 8-at-time for $39.95 a month. The capital gains from my netflix shares more than compensate for the added monthly subscription cost for the rest of my life. I also now benefit from a wider at selection from my "virtual inventory."
Two reasons for the upgrade in netflix account status. First, our family likes the service so much that more is definitely better. Secondly, I was looking for a way to tell the management team here that they have a done a great job for shareholders. They have fought hard to be a winner in this field. They have made me a lot of money. I'm giving some of it back to them through higher gross margins.
Maybe some of the other longs that have made money on the stock and like the service will do the same.
Whether you own stock in the company, or not, I think it will be interesting to watch over time if the company sees positive bracket creep. By that I mean customers sign up for 3-at-time for $19.95 and eventually upgrade to 5-out and then maybe 8-out plans. Once you become a satisfied user, "more is better."
"if you spent your time buying nflx instead of bashing it, maybe you would make some money."
You are assuming again!
"but please go ahead and short more"
I love it when posters validate what I have stated time and again! If you do not "hype" or say positive things about NFLX you are branded a "short"! How small of someone to think that.
"and btw, now you are on ignore."
I guess if I spent my time "hyping" NFLX I would not be "ignored"! By all means, go ahead and place your "head in the sand"!
'"You seem to prefer bashing NFLX to making money (200% gain for some of us NFLX longs this year)."
Are you saying that posters that do not hype NFLX can't make any money on the stock? Don't be so naive. '
uuuhhh, that's not at all what he said, you just must not be able to read. maybe i can bring it down to your level -- if you spent your time buying nflx instead of bashing it, maybe you would make some money.
but please go ahead and short more, that only adds fuel to the upside. and btw, now you are on ignore.
You have lied to everyone here about placing me on "ignore".
You can't resist replying to my every post.
Such a sad existenence for you.
This board needs no heros.
"You seem to prefer bashing NFLX to making money (200% gain for some of us NFLX longs this year)."
Are you saying that posters that do not hype NFLX can't make any money on the stock? Don't be so naive.
SOW's reply to your message made me wonder what you wrote, so I had to go back and look. I won't be drawn into a debate with you (since you have no debating skills anyway) but I will say a few things, then you can babble all you want, because I shan't be reading the responses.
>Let's place everyone on this board who does >not hype NFLX on "ignore"
You are NOT on so many people's "ignore" list because of your opinion on NetFlix. There are quite a few people out here who don't like NetFlix (the company) and/or NFLX (the stock) for one reason or another. THey post here all the time, and are NOT on most people's IGNORE lists. On the other hand, YOU are on ignore because:
- You refuse to participate in this forum on an adult level.
-Rather than communicate ideas, and try to learn and teach, you come out here with an attitude, and a nothing more than a provocative screen name, a bunch of OTHER PEOPLE'S OPINIONS, and your fingers in YOUR ears against the truth.
- You post the SAME STUPID STUFF - OVER AND OVER AND OVER. You quote old, out-dated C/S complaints as if they are your own.
- You claim your own wishes as "facts" and when someone calls you to back up your ridiculous "facts", you fail to do so, because you cannot - there IS NO PROOF.
- When someone DOES post a message that reveals both sides of the NetFlix issues, rather than accepting it and learning from it, you cut out everything you disagree with, and RE-POST the rest, stating something asinine like "I agree with you when you say that NetFlix sucks."
These, and many more reasons are WHY so many people out here hate you. What you choose to do about is up to you.
> It does no one any service to hear anything but positive news regarding NFLX.
You seem to prefer bashing NFLX to making money (200% gain for some of us NFLX longs this year). That's an odd choice of occupation.
>if we are all stupid ..we are at least making
>lots of money while being stupid
THAT, my friend, is my QUOTE OF THE WEEK.
Now, may I suggest that you join all the rest of us who have NSIP on our IGNORE list, so you can sit back and watch the fireworks, as NetFlix explodes onto the scene at the end of the quarter?
The 8-out family may only watch 8 movies a month and still consider this a great deal.
- Sorry man, but I dont think that most people would want to pay the same amount of money if only to avoid long lines. 8 for 40 is probably more than any local video store and IMHO I dont think most people would stick around.
The whole convenience vs value discussion is a good topic. Given the current state of the economy, I would think value is a fairly high factor for most families, even fat ones.
Bum does bring up a point: What are the most common causes of the churn? I wonder if most people that stay with Netflix have a higher monthly movie ratio than those that churn out. Anyone have any articles related to this?