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Netflix, Inc. (NFLX) Message Board

jimmach123 11 posts  |  Last Activity: Feb 24, 2015 6:01 PM Member since: Aug 29, 2006
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  • Reply to

    Way up

    by bwgozep Feb 18, 2015 3:57 PM
    jimmach123 jimmach123 Feb 24, 2015 6:01 PM Flag

    Well now would be the point to pick up LEAPS. 1-2 year outlook is that SAM will keep buying back shares and the price will continue upward.

  • Reply to

    MORE BAD NEWS FOR INTUIT

    by stockcharts_com Feb 11, 2015 7:56 AM
    jimmach123 jimmach123 Feb 12, 2015 8:01 PM Flag

    Buying puts before ER...guidance will be terrible.

  • I am still with TT for convenience, but am going to buy some puts this week for the ER. I understand the logic of greed and trying to maximize profit, but did they not study first-world problems created by other companies like Netflix when you raise prices and act defiant about it? I am sure it will recover, but it is going to drop forecasts...

  • jimmach123 jimmach123 Jan 31, 2015 11:29 PM Flag

    Someone has done it for both Cramer and Fast Money, or at least did a couple years ago, and found their returns were identical to a coin flip combined with a baboon throwing darts.

  • Reply to

    Valuation buyout

    by ethicalysound Jan 30, 2015 1:20 PM
    jimmach123 jimmach123 Jan 31, 2015 11:28 PM Flag

    It is more that this has been a turn-around from 2012-2013 and people are seeing mgmt once again fall on its face. The reports are so similar and the PR is identical in trying to cover up the problems. I think most of your selling was from people who are tired of reports that are full of excuses, sandbagging, and too much appearance of a pump and dump in the 90s.

    Personally I am planning to cut my losses this week and set a strangle into UA for its report - I would say UA has a solid chance of either popping or sinking on this report as it is at nose-bleed levels. With DECK, unlike Lululemon's summer report that was somewhat similar, I see no real turn-around for the company and that right now it is a falling knife. There is no shakeup with this shoddy mgmt and until the CEO is held accountable, he will keep playing these games. I will reconsider when this hits the 50s and becomes a definite buyout candidate.

  • Reply to

    Two reasons not to fear-

    by benshometownflooring Jan 22, 2015 1:02 PM
    jimmach123 jimmach123 Jan 30, 2015 4:03 PM Flag

    Bought insurance as I headed to work (I work odd hours in Asia, so my morning time is really about 1-2pm on the market. I wish I had just cashed everything out and played a strangle - it would have paid off my house. Instead I am basically down a few percent, but nothing compared to what it could have been!

    Now I have to reflect over the weekend to determine my next course of action with this stock - need to see if this support at 66 will hold. This looks similar to 81 last Q, so I will probably sell calls about 10% out of the money on a weekly/bi-weekly basis. I expect mgmt will kick in the share repurchase at these prices.

  • jimmach123 jimmach123 Jan 30, 2015 3:59 PM Flag

    The COO news at a minimum was leaked when it went from 86 to 78 on no news other than a small downgrade in the middle of the day after it was already falling. Again, no good news ever comes out at midnight as their COO press release did. No faith in management at all at this point. Ridiculous conference call as well - they literally failed to keep shelves stocked.

  • Reply to

    Two reasons not to fear-

    by benshometownflooring Jan 22, 2015 1:02 PM
    jimmach123 jimmach123 Jan 30, 2015 3:13 PM Flag

    Thankfully I picked up puts yesterday before close - had a "gut feeling" this would not be pretty. Figured it was insurance in case of a disaster. That COO announcement was a bad omen of things to come. But I really was surprised at this report overall - mgmt just needs to be gone, and I really mean gone - they stink. Execution was awful.

  • Reply to

    Valuation buyout

    by ethicalysound Jan 30, 2015 1:20 PM
    jimmach123 jimmach123 Jan 30, 2015 3:09 PM Flag

    Read the conference call - anytime an ER release lacks top/bottom lines in the first few sentences and I have to search for it we know we have a problem. Martinez was very clear that mgmt did not execute well this Q at all. They literally had solid strong sales but somehow failed to push out enough inventory for the basic boots as well as lacked hedging on FX.

    Glad I picked up puts yesterday - the way they replaced the COO was quite ominous as I repeat: no company or person releases infromation at nearly midnight when it is good news.

  • Reply to

    Earnings After Close

    by gburns_50 Jan 29, 2015 10:23 AM
    jimmach123 jimmach123 Jan 29, 2015 1:44 PM Flag

    I would concur. Guidance will move it - hedged with some puts just in case.

  • Reply to

    $65 - $70 tomorrow morning

    by spittinimage6 Jan 29, 2015 10:22 AM
    jimmach123 jimmach123 Jan 29, 2015 1:13 PM Flag

    While I agree the midnight announcement was suspicious, you know he announced he was retiring in April? Not a shocker, but expecting solid numbers with guidance to flop.

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