Forward PE of 73 is "reasonable" for NFLX with a 5 year projected growth rate
of 31% . The assumption is that NFLX can grow at a clip of 31% for the next 5 years.
The only major concern is the huge liabilities facing NFLX in the upcoming year or two.
Carl Icahn has disposed of most of his holdings in NFLX, realizing that every stock
has its limitations.
Sentiment: Strong Sell
Sold all the pre-split 200 shares at $100+ and $101+ with a $37+K gain and no
regrets. Took 35% of the proceeds and bought CBI at $58+ which today traded at $63+.
CBI, whose biggest shareholder is Warren Buffett, is still undervalued - the price
target for the next 6 months is $73+.
This will be serious competition for NFLX in Canada and even in the U.S.A. when
Shomi expands beyond Canada.
At $480, NFLX is overpriced by at least $100, so buyers beware.
Hailing a cab in Time Square will be a easier call than the foolish/bullish
AAPL punters in this board.
1) "AAPL will be up at least 1 point Monday IF the market is positive".
2) " AAPL will surpass $103 Monday and higher the rest of the weeK".
3) "AAPL will close $105 Friday, $110 next Friday and $120 on September 9, 2014".
Fool me once, shame on you. Fool the board twice, shame on you all.
A real food sickening business - Cramer got everyone excited when
he mentioned ZOES 10 days ago o Mad Money.
Cramer has done it again - push this to retailers who purchased his
recommendation to the tune of over $32.
EPS estimates for 2015 is only $0.08 making the forward PE to over 300.
Sentiment: Strong Sell
Other than yearly updates on the current products, the market is skeptical that
AAPL will produce another blockbuster gadget equal in popularity to the IPhone.
Time to move on to other pastures but for the fact that the market is currently
overbought and at a all time high.
Was on the AAPL train for over two years, scraping several medium size
gains on AAPL stock options. This stock gain recorded yesterday and today
was also a medium size gain.
Looking to buy BIDU below $210 for a longer term holding and also CBI which
is currently selling at bargain base prices.
Sold 600 shares yesterday at $99.07 and the balance of 800 shares at $100.38.
These shares reflected the 200 shares purchased 6 months ago at $509.28.
Total gain $37.8K - may buy back when AAPL slips back below $95.
GL Longs and Shorts
AMZN plans a similar payment plan to counter EBAY, so watch out !!!
The Chinese Government is telling the telecom companies to cut back
on subsidies which will help Chinese smartphone manufacturers.
Hope AAPL will go a touch up further for the final exit plan.
Brian Kelly who advocated shorting AAPL at $94 is up a s/creek.
After 4 down days, it perks up $0.26 on a strong upside
day ONLY to give up $0.21 after hours.
Need a stiff drink to forget about this rumble tumble AAPL.
AAPL is the stock to own, regardless of the time frame. In this
choppy market, investors looking for value and growth.
Ex-dividend date approaching which should entice buying for the quarterly dividend
A strong employment report will be well received by Wall Street
tomorrow - the Feds are more concerned about "inflation" than
a stronger economy.
AAPL will rebound about 1.50% IF the market recovers tomorrow.
Bought 200 a couple days ago @ 60.77 and another 200 today @ 59.43.
At these levels, its like picking someone's pocket - is it yours??