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Netflix, Inc. Message Board

  • bugchucker51 bugchucker51 Dec 4, 2011 10:24 PM Flag


    This mess has got to end. I can't believe managment/board allows this too go on! It started with a sub snafu and has spiraled into a nitemare. Rocco suggests pizza and porno. O.K! I've got a couple ideas a little more constructive. #1.Stop all international expansion now!! period. He's(Hastings) destroyed his home base/cashflow. They need to repair their subscriber base and start generating cash. The expansion is too much, too fast. They have been in Canada for a year and it's still turning negative numbers. Fix that first.Now he wants to go into latin America. There's no infastructure to support the business and only 1 in 3 people own a TV. Is he for real? #2 Fire Hastings. I think it's apparent he's lost his way with the business and the shareholder/invester.The business isn't going too make money for all of 2012. Who's going to buy into that. I'm hoping for an institutional intervention.One of the big dogs sittin on 5-8 million shares to walk through the front door and stretch some neck and clean up this mess. I guess if u don't agree with this there's always Pizza and Porno. Disclaimer: I'm short Rocco!!! Happy Holidaze!!!

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