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Netflix, Inc. Message Board

  • tryinman11 tryinman11 Jul 5, 2011 5:42 PM Flag

    It Hurts Just Looking At NFLX

    The daily pops are nothing short of pure agony for anyone who's got 1/2 a brain and understands the fundamentals of the business. I have no current position, but the market is on crack. AMZN, NFLX, CMG... to name a few are at 52 week highs. OPEN did the same thing when it annonced heading to Europe for market growth. It's down over 30% from its high. I'm a patient guy, so I'll wait my turn.

    No market trend has ever surpassed 4 years of positive gains. Every company eventually competes in a mature environment unless you're constantly re-inventing yourself, and that is something NFLX is not doing.

    Two other continents left; Europe and China, both of which love to put up trade barriers in order to allow local companies to compete. Today's move was a desperation yelp for saying we're still growing.

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