30% subscriber loss was reported Monday, today it's already down to 10%guess what, each day 10% will drop incementally until actual subscriber loss ends up being academic.Don't forget about subscriber growth not only domestically but overseas as well.Still the same company, just trimming the DVD fat and delivered the price increase at the wrong time, and like a bull in a china shop.severe overreaction is priced in at this level
You need to factor in competition. Pipe dreams without content which they can't secure without paying a truckload of money. Content deals can be made with any number of deliverers.
It's the talking heads exasperating everything . CNBC specially said 30percent even after the guest they brought on had told everyone it was only 10 percent.