And how is NFLX any different than the other streamers. At 108 a year, I seriously doubt there will be a shortage of subscribers. We have all of them, plus cable and I would not even think about dropping NFLX. Quality of movies is the same across the board and is a matter of opinion as all tastes are not the same. The unaviodable facts are that NFLX has the largest amount of subscribers, which gives them the largest amount of leverage in the business and that's how a company makes money. Not understanding this can cost one a lot of money.
You nailed it Trendsetter. The most outlandish ones are the rapture fruitcakes. I often wonder if they would want their daughter to be dating a "qualified for rapture" boyfriend who was behind the wheel when "it" happened. I mean, talk about LMAO double LOL. It's like whoa... where did the driver of this car suddenly go? Good post, anyhow.
Price per share compared to Earnings ,right? That 288 can change, can it not? We can both agree on that right? I am betting one way and you are claiming to be betting the other way. Why would you post this on a message board ? In other words...we don't care what the "PE" is. In 5 years or less this stock will be selling @ 5c's or more.
Netflix is an inexpensive diversion for families who are tired of paying exorbitant prices for poisonous food at theater concession stands. With 4G video, watching movies on bigger and bigger TVs at home, where parents have complete control of the atmosphere inside the home is rapidly taking over as the preferred form of entertainment all over the world. Netflix envisioned this evolution long ago and they have been spot on with their conclusions. Wealthy families, since the mid 20th century have had actual home theaters in their homes. Now and more so in the future, the average income families will be enjoying the same thing through Netflix. There is nothing more relaxing for parents of teenagers than to know their kids are safe and happy at home at night. I never worried about my kids seeing a movie in a theater. My worries were about the travel to and fro. That is all changing right before our eyes. Netflix video subscriptions at a measly 120dollars/year is the greatest and we wouldn't drop our sub for even 10x that much, if we liked it. When one thinks about how much cable tv service costs with 98% of the channels we just scroll thru and never stop at? Netflix streaming video is one of the biggest no brainers ever available.
I agree nor, that thumb down was a mistake but for some reason I can't undo it.
Nflx has the won the hearts and minds of the people at less than 10/mo. with 74 million and growing subscribers, they certainly have leverage.
The only real competition to NFLX is Amazon and the fact everybody we know has both, makes the term competition a bit watered down. You don't have to be rich to afford multiple subscriptions to different video streamers. I don't see any competition to NFLX at all. Variety in one's choices of programs is what this is all about and that is what makes all the steamers desirable. In 5 years or less this stock will be pushing 5c's/sh. If you wanted to gift shares of stock to your children or grandchildren, NFLX is one of the best.
how can you sell without a buyer??? I do not get your question. we all realize that things that are put up for sale, eventually sell, but for how much? Is that what your question means? I am no option player so please forgive me if my question sounds a bit on the simple side.
here's some math for you ...at 9 bucks per month, netflix grosses well over a half billion a month. that equals 6 to 7 billion intake per year. so you are saying netflix is misstating a very easily verified statistic??? did you count the subscriptions? the only other message board with this many idiots posting drivel is aapl. and they have a 165 billion dollar savings account. you bashers need some serious emotional counseling therapy.
netflix takes in over 7.5 billion dollars a year, which will always be there and grow higher every year. I completely don't understand your mentally flawed opinion about this stock. can you cite some sensible reasons to sell this stock???
looks like you need to back up the short bus and cash in on the disappointing drop in subs. Netflix makes it so easy to turn on your account again that most droppers, if not all, usually come back. Netflix's business model for profit now and in the future is invinceable....They don't even need to send out monthly bills, for kryssakes, electronically wired money directly from customer's checking accounts into theirs. Bustabords better rethink his illogical predictions, especially when people from GS are saying BUY BUY BUY. Dontcha think?
Sentiment: Strong Buy
Don't most college semesters start in the 3rd? That mass migration into new digs, combined with the ordinary moving of grown children into their own places, who have had Netflix at mom and dad's most of their life, and you have a never ending stream of potential NEW subs. Then, one could watch the real estate market for new home starts and one can get a pretty good idea as to the continued growth of Netflix. Then, add in the World wide expansion? You are a glutton for punishment if you short sell this stock.
Sentiment: Strong Buy
I think fred forgot that college semesters, all over the world, starts in the 3rd Q. Think about that little event for a minute and....welllll..you better cover that short sale now before that goes deeper in the red for you Fred2goto.
no stock can take your money unless you're margined. just wait it out. the market continues and netflix is not going chapter. your post makes no sense.
LOL LOL LOL...your less than penny stock traded 7 million shares yesterday. for a rompin' stompin' 700.00 dollar day. That very well could be ONE trader. You can buy all you want but you will find there are no customers to sell these shares to. But, to each his own and I am wishing you a ton a luck, you'll need it.