The manipulators are unreal. Every single one of these ANALysts are LIARS on this. NO WAY and NO HOW will this company survive the onslaught of competitors. WHO keeps buying this #$%$???
Will burn $2.5 billion this fiscal yr 2017>> I'm looking at bankruptcy. Do the math: As Netflix (NFLX) continues investing in content, it continues to burn cash. The trend of a negative free cash flow for the company continued in fiscal 2Q17. In fiscal 2Q17, Netflix had a negative free cash flow of -$608 million, compared to -$254 million in 2Q16. The company expects a negative free cash flow between -$2.0 billion and -$2.5 billion for fiscal 2017. The company expects this trend of negative free cash flow to continue over the long term. Netflix was asked about this trend during its fiscal 2Q17 earnings call.
Should drop back to $170 level
nflx..pe of 243???...a worthless dog......dump this over priced pup...and by FB pre-earnings 7-26.....
Just think of the fun these Jue Banks are going to have with your sons and daughters.
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.....
I guess with NFLX's 40pt. rise in the last 3 weeks, it doesn''t matter that they have a negative net asset value of $5 billion income below $200 MM per qtr. and negative cash flow in the recent 3rd qtr. of nearly minus $400 MM.
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
Netflix’s stock is worth only about one-third of where it trades today
The math shows why the Netflix business model is unsustainable, say David Trainer and Kyle Guske II.
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.
3 out of 4 investors believe US markets are overvalued, but 9 out 10 analysts (not Webush) think Netflix will likely trade higher. Whom to follow?
I expect this to take off and finish at 191 today. Should hit over $200 right after FB results if they surprise to the upside. Downside risk this week around 185.
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.
A little bird told me_Netflix (NFLX) acquisition team to meet with VIVA Entertainment Group (OTTV) CEO Johnny Falcones In NYC on Wednesday predicts Sierra! Share of OTTV were unchanged at the end of Friday's session! More to follow!
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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.
There is likely no pull back until NFLX hits $200 next week. What a week for NFLX longs. Congrat to all.
Funny, NASDAQ down, Netflick down......individual metrics mean nothing when the dirtyGwews are running the ETF's.