Somebody do something. Management has their hands in their pockets playing pocket pool!
If Apple was interested they would have come forward a long time ago. Also Reed Hastings would never be agreeable to selling the company. Wayyyy too much arrogance there.
amen bro. i can't believe people are asking whats a good price to get in! duhhhh! no price is a good price. they are still questioning that single day thing among other things.
What's wrong is that exactly one month ago from today (April 25) the stock was trading at $102. That's one helluva haircut by any metric. Management is doing something WRONG!!
Facebook Qtrly Revenue Growth (yoy): 51.70%
Apple Qtrly Revenue Growth (yoy): 1.70%
He was actually pretty bullish: ...“We believe expectations for growth have been reset, and catalysts rebuilding for Netflix, after a negative catalyst period (global rollouts completed ex-China and Q2 seasonality not modeled right by the Street),” Mitchelson said in a report.
Netflix should show stronger international growth the rest of the year, exiting the seasonally weak first half, he said.
Profit margins in the second half of the year “should ramp aggressively” as price increases flow through to the bottom line and global rollout costs ease, he said.
Mitchelson predicts that Netflix will penetrate 60% of U.S. broadband homes by 2020 (61.3 million subscribers) and 13.8% of international broadband homes by 2020 (101.4 million subscribers).
“We believe Netflix’s core competencies in both content and technology will drive a virtuous circle of greater subscribers and increased viewing time, enabling higher ARPU (average revenue per user), which will fuel increased content spending and attract/retain more subscribers globally,” he said.