GetGlue is a 3 years old start up company where viewers go onto a website to post what they viewed.
Continent providers could made more money with YouTube than Netflix, they will get ads revenue and subscription revenue. YouTube has a lot more original content now than Netflix will ever achieve.
Sentiment: Strong Sell
I don't know if you have worked or started a start-up company, but some contracts are written on piece of junks and verbal agreements can be made on sidewalks. Facebook gave a lot of stocks to an artist for a mural, How much stocks do you think Mark has given out in the early stage of Facebook when the company has no value and he has billion of shares? Mark had made a lot of promises and now he is refusing to honor them.
Operating Income fell 221%:
2011 = 102,240,000
2012 = (1,935,000)
2013 = 31,822,000
Free cash flow fell 222%
2011 = 33,921,000
2012 = 2,149,000
2013 = (41,511,000)
NFLX shares outstanding grew by 6% for an intermediate business transitioning to a content provider. NFLX should not be worth $13 billion. NFLX (just like FB) is a cable station and should be worth only that.
I will continue to short NFLX for the next month or 2.
If you are bullish on AAPL and think they will hit $450, buy the $440 call and make 10x your money.
Otherwise, #$%$. I am gong to buy it tomorrow and see what happen.
I am going to spend $1000 on May 18 $440 Call Options. If AAPL does not close above $450, you better shut up and go away.
I am going to buy 10 May 18 $440 call on open tomorrow. If this does not hit $450, you better #$%$ because you would have costed me ~$1000.
I also found this on Reuther
TAIPEI, May 10 (Reuters) - Hon Hai Precision Industry Co Ltd
, the main manufacturer of Apple Inc products,
posted a 5.1 percent fall in April sales from a year earlier.
Following are details of the sales:
APRIL Y/Y % YR-TO-DATE Y/Y %
Sales (T$ bln) 291.76 -5.1 1,100.73 -15.9
(US$ bln) 9.92