about trading BS ..im here doing fundamental research. In the coming days I will provide analysis on NFLX sub growth showing that even if subs grow to 23 million in the qrt which is above company's high end guidance the rate of paid subscribers domestically that are added in qrt would have slowed dramatically. If fact it would be NEGATIVE. This analysis is attempting measure the rate of paid domestic subs excluding free subs that contributed last qrt to paid subs this qrt. By doing we can measure the true growth of paid subs added in qrt to measure NFLX's sub momentum without the noise of free subs. I will dub this figure PSM or Paid Sub Momentum.........
NETFLIX insider enrich scam is 100X bigger than MADOFF ponzi scam
2010= INSIDERS @NETFLIX LOOTED OVER $1BILLION+ RAPED BALANCE SHEET AND SLAPPED $200M DEBT FOR THE CRIME SCAM LOOT
More proof: White Collar crime Data
White-collar crimes cost the United States more than $300 billion annually according to the FBI.
NETFLIX DAY LIGHT ROBBERY CONTINUES=PROVES SEC/FINRA CRIMINAL WATCH DOGS IN THEIR POCKETS
This is what I see from Criminal Greedy crook CEO DNA @NETFLIX=Biggest Ponzi scam since MADOFF
HERE IS LOOT IN BILLIONS WITH $200m DEBT SCAM BUBBLE AND BALANCE SHEET RAPED TO ZIPPO BY CRIMINAL THUG REED HASTINGS AND HIS FRAUD STREET GANG
CRIMINAL CEO'S LIKE REED HASTINGS DO THIS:
When I play Railroad Tycoon III, I often send my company deep into debt to get cash on hand to buy back shares, effectively increasing my ownership of the company as an absolute percentage. Then I issue massive DILUTION WITH FREE OPTION GRANT PRINTING PRESS or DIVIDENDS s until my company goes bankrupt, and start a new company.
It's a way to shuttle money borrowed against a company's assets into my personal bank account at no risk to me........become a BILLIONAIRE IN FEW YEARS
3. To Benefit Executives
Many executives get the bulk of their compensation in the form of stock options. As a result, buybacks can serve a goal: as stock options are exercised, buyback programs absorb the excess stock and offset the dilution of existing share values and any potential reduction in earnings per share.
By mopping up extra stock and keeping EPS up, buybacks is a convenient way for executives to maximize their own wealth. It's a way for them to maintain the value of the shares and share options. Some executives may even be tempted to pursue share buybacks to boost the share price in the short term and then sell their shares. What's more, the big bonuses that CEOs get are often linked to share price gains and increased earnings per share, so they have an incentive to pursue buybacks even when there are better ways to spend the cash or when the shares are overvalued. (Learn more in the Pages From The Bad CEO Playbook.)
Pages From The Bad CEO Playbook
Hastings Behavior Review
I thought it necessary to once again rehash Hastings record of behavior that seems to be un noticed in the media and investment community.....
1) Colluded with WMT to conspire to corner DVD market that has resulted in a pending class action suit.
2) Hired actors at Canadian streaming launch to pose as enthusiastic fans of streaming.
3) Borrowed $200M in debt to buy back stock only to facilitate insiders and himself to sell their stock.
4) This is my opinion. Has over stated & mislead investors on the extent NFLX has streaming subs by portraying stats that 60% of subs stream 15 min or more rather than disclose paying streaming subs. The motivation here is grant NFLX a higher P/E than its peers like CSTR.
WHAT IS PRICE/VOLUME MANIPULATION CRIME?
WHO OWNS NETFLIX SCAM BUBBLE SHARES?
WHO IS LENDING SHORT SHARES?
WHO IS PLAYING MANIPULATION SQUEEZE SCAM?
WHO IS WRITING FRAUD RESEARCH REPORTS AND WHO BENEFITS FROM THESE SCAM SEARCH REPORTS?
WHO LEND $200M DEBT TO READ HASTINGS AND FOR WHAT PURPOSE?
WHY DID 5 BOARD OF DIRECTORS ALLOWED SUCH A SCAM BUY BACK WITH $200M DEBT?
WHO MANAGED COOK BOOK SHARE COUNT FOR SCAM EARNINGS HYPE SCAM NUMBERS?
WHO PLANNED ALL SCAM NEWS SPINS FOR PUMPING SCAM BUBBLE?
LET THE JUSTICE BE SERVED IN USA
HELLO SEC/FINRA CRIMINAL WATCH DOGS
Pension Shell Games Threaten Market: Arthur Levitt, Lynn Turner
By Arthur Levitt and Lynn E. Turner - Sep 22, 2010 6:00 PM PT
Is That All You Got?
A Lot Got Past You I Reckon.
I'm Going To Have To Knock You Out Now......That Riot Talk Means I Got To Put You Down. It Won't Stand Around Here.
Fortunately For You I Only Have This Ignore Button Mutton.
Netflix acknowledges an expectation of current subscribers that will down-size from 3 to 1 or no DVD's with the massive increase in content now added to the streaming availability.
The loss of revenue is expected to be made up over time by adding customers with the new streaming increased capability promoting of subscriptions.
This revenue disruption along with higher cap-ex was acknowledged as being a near term net earnings changer by Netflix.
I'm sure a few subscribers like myself will remain on the 3 DVD subscription but it is overkill to do so.
Also, the 300 million U.S. Netflix customer goal was based on a claim of merely 300 million cell phones in the U.S. as I read the quote.
I believe you can sell 300 million Netflix ready units in the U.S. but I don't think there are 300 million U.S. households capturable by Netflix.
Good luck figuring this one out from the outside before the quarters numbers as a guide.
let us know what you decide you think anyway though.....
Thanks for your effort. Been there alone and know the feeling.
nflx is gonna see massive shrinkage of potential market in next few qtrs. this qtr is irrelevant to MANY here. from amazon, to crackle to hulu to now youtube entering...the market of willing and able customers will become smaller
nflx doesnt have the cash to compete in the end and they are locked into about 2 billion already
google and amazon have deep pockets and can ride it out for years