The Truth of the matter is the market trades on whats cool and who is popular, if there was any common sense it would be a completely different story. Take a Ford or GM, if you bought the company for $45 billion, you could repay that $45 billion in ~ 5 years of profits (take a look at past 5 years performance) Take Netflix now, buy them for $80 Billion, even at $200 million profit per year, it would take 400 years to pay off your investment. (Both cases assuming no interest) Even with crazy growth and increase in monthly fees etc to get to $billion a year its 80 years. IN the real world everyone would buy Ford, in this stupid place its the opposite. One day it will all fall apart.....
Going to celebrate with 4 Pound Lobsters here in Southampton- Remember me when NFLX was $62 before the 7:1 split? My 2000 shares before the split are now 14,000 shares and worth $2,800,000.00 Not bad for a $120,000 investment
If every new customer is "worth" $5000, but only brings in $120 a year in revenue, you're looking at over 40 years for that customer to "pay" for the valuation you've put on him just in REVENUE alone.
There is likely no pull back until NFLX hits $200 next week. What a week for NFLX longs. Congrat to all.
AT&T is going to CRUSH you idiots. Their service is cheap enough, and offer more of everything, that Netflix will look like the ZUNE of the world. What manipulators are pumping this POS up so much, when it can't EVER make these profits???
Gone are the days when the double digit short float and the over 100% institutional ownership squeezed NFLX upwards for 7-10 days straight. The rules have changed folks. Don't let the pop fool you. The high P/E and overall valuations are scaring serious buyers away and without the high short interest, you can't hold the highs to squeeze it higher.
Anyone see how AT&T is offering services over the Net with the same movies??? Netflix is TOAST as soon as penetration to the masses occurs. Netflix can NEVER compete against this.
i think the only reason i watch cable is for the news. wish there was netflix news so i can cut the cord
i sold my nflx at 178/share. waiting to get back in. i believe i will be able to buy in below 165...soon.
I just muted jim. Had enough nonsense!
10 million people will illegally stream"Game of Thrones" this alone tells us NFLX cannot possibly be worth 80 billion......TIMBER.....lookout below
This is one of the most overhyped, overvalued stocks currently on the market. Trail PE 212, market cap almost $70B and net income last year only $337m. One day this bubble will blow up lol
Guys there is no way a company would post a bad report on a Monday... I really think it's going to be a good one and this will rise after hours
Netflix gives away 12 months free service when you sign up for a mobile phone plan in many international providers. So if China Mobile offers 100M users discounted phones, but bundled with Netflix, can Netflix claim they have 100M new users? Has anybody ever audited Netflix for actual user base? Reminds me when somebody has over 30M Twitter followers, but over half are fake accounts. Either way market forces needed to prime FANG for major market sell-off in about 2 to 3 weeks. IMHO.
nflx trading at his price..with only earnings of 77 cents a share...EXTREMELY OVERVALUED!!!!!!!!!
Buying way up here will equal VERY large losses. Price now is... $187.16+3.56 (+1.94%) As of 3:20PM EDT. Market open.
Bought 750 shares at 3:50pm. Oh it's a wonderful day
Not sure how many people on this board experienced the high tech bubble burst of 2001. These FANG stocks remind me of the good (or bad) old days.
Still below 200? unbelievable. Lots of people still do not understand its potentials.