Any bounce in NFLX is a short ....no one is going to buyout NFLX at 200 PE and .a market cap of 10 times revenue...I'm with Barons on NFLX , we will see below $70 in a year .
BEWARE: There's a scam site out there who scam many called awesome stocks! Don't visit the site many got scammed. They post all over these threads with different names.
Everyone leaving NFLX ....DIS ,ABC ,NBC ...CBS ,HBO ...FOX (soon) soon NFLX will have only very few contents ....I'm cancelling my NFLX and taking Movie pass for $10 ...Get out of NFLX don't be a bag holder of this Pig trading 7 times salesis unusual for a 20 year old company ....I won't be surprised if NFLX goes bankrupt in 5 years ...
Netflix fell 2.3% to 166.09 today, closing just below a 166.97 flat-base buy point cleared on July 18. While Netflix is not that far below the entry level and holding above its 50-day moving average, the stock has now erased a 15% gain. You don't want to see stocks with 10%+ gains turn into losers. Just wait when holders start selling to protect paper profits. Never hurts to take a profit. You are not going to see new highs again for a very long time if ever.
Parents shouldn't get Netflix for their kids because there is too much violence in the movies and TVs shows.
214 p/e ratio. whose gonna be left holding the bag?
The momentum reversal is confirmed. Technical support is breaking down. Filling the gap back to 163.22. Bot algos will start to trigger more selling. Then moving down to low 140s. MMs are working hard to keep things orderly and preventing a pps collapse. The only reason that they can is because 90% of the float is held by institutions, hedgies, and insiders, They do not want to #$%$ the market by aggressive selling instead have been slowly decreasing their nflx holdings, booking profits and positioning to profit from the downward momentum. While Goldman and their ilk continue to pump, blow smoke, mislead, and deceive. But the cat is out of the bag now. The constant reiterations of the shills, hawkers, and pumpers are not very convincing anymore. They benefit of the doubt is gone. The growing closer scrutiny, evaluation, analysis, number crunching, realistic projections from numerous diverse unbiased credible sources all agree that nflx pps present absurd extreme over valuation is unjustifiable . The hand writing is on the wall and the wall is crumbling. Greed is turning into fear. Short interest remains low but congregating on the sidelines cautiously waiting to pounce. Technical support eroding. Momentum reversing. The zealots who remain blind to these facts are putting any paper profits or real principle investment at great risk. There are so many less risky good investment opportunities for the individual investor.
Going to ZERO in 2 years. Netflix is the new Block Buster Video.
Among many other who are all coming to the same conclusion is Barrons, Jack Hough, who noted that Netflix's cash burn this year would be between $2 billion and $2.5 billion, and that it is financing its spending "with junk-rated debt." At $171 a share, its stock price is very high, even though its profits are minimal. It is spending an enormous sum this year--$6 billion or so--licensing and creating content. (By comparison, HBO will spend about $2 billion this year on content.) Although Netflix now has over 100 million subscribers worldwide, its subscriptions don't cover all of its costs, which raises the question of what will happen if the company ever raises its prices significantly. Would that cause subscribers to abandon the service, which would cause the stock to drop, which would make it harder to get the debt-financing it relies on?
TSLA should buy NFLX so we can watch movies in our eco-friendly, autonomous driving vehicles. Just saying that would be cool.
Internet Customers always stick to the first comers . Netflix Is the one and will stick to the first place, whatever happens. It's like saying google will loose the first place one day...
I'm cancelling because they list 1 movie in comedy, Action, Romance and extraterrestrials. I am also short on the stock. Joined Starz 1week trial free. I will give it a try but may just feed the raccoons out the back door for entertainment for a while.
HBO and HBO on demand for $10 a month. Nice to get "exclusive quality programming" for so cheap. I really only watch on demand. Starting with Game of Throwns from season one. Sorry netflix but your #$%$ programming is not worth my time.
These fund managers are SO deep in the CALLS that they purchased, that they will pump this up any chance they get. Using other peoples money for a stock like Netflix, is the WORST gamble in history. Nobody is going to want this "service", as all companies are leaving them and doing their own work. Netflix has NO future.
I have been a Netflix subscriber for years. Yesterday I sent Netflix the following email: "To Whom it May Concern,
I have been a member of Netflix for years. When I first subscribed Netflix was a viable alternative to cable, allowing me to "cut the cord". What made that possible was the great job they did in aggregating and curating other peoples content into an easy to use, affordable platform. That has been changing over the years, to the point where Netflix is becoming indistinguishable from other content providers like HBO GO or Showtime. When Netflix decided to produce their own content to the exclusion of aggregating others content the rational for subscribing vanishes. In a few days you will be cutting further content I enjoyed. Ever month the viewing options diminish as that money is spent on Netflix own content. I am almost to the point of cancelling my membership if this continues in the aforementioned direction.
One Unhappy Netflix Customer.
P.S. I suspect this isn't the first letter like this you've received. I also expect your membership numbers to fall and, hence, your share price."
fg,lf'Forget about all those huge Chinese's subscribers growth number predictions that pumpers, hawkers and shills have been using mislead and to justify the bizarre overvaluation of nflx pps. Another verifiable growth powerhouse is all in for those Chinese subscribers, and no government interference. nflx just is becoming a smaller fish in a growing pond.
ofvv'sv'p____Alibaba Group Holding (BABA) is quietly building up a side digital media and entertainment business in the world's most populous country. The number one Chinese e-commerce player is "building the Netflix (NFLX) of China," Lead Edge Capital managing partner Mitchell Green told The Street. The comparison is interesting because China's strict regulations forced Netflix to license its content to Chinese giants Alibaba, Tencent (TCEHY) and Baidu (BIDU) rather than enter the market alone. Netflix has over 100 million subscribers and is in basically every country outside of China. Netflix CEO Reed Hastings admitted during the Recode conference in June that he was over confident about being able to break into a market that had proved too difficult for other tech companies. "We probably assessed it wrong," Hastings admitted. "We had our natural optimism that slowly got beaten down."
Anyone who thinks Disney's decision is gonna affect Netflix's earnings is not thinking correctly. All I did was ask myself "am I gonna cancel my Netflix subscription now?" (of course the answer is NO)...if anything, this means Netflix won't have to pay as much
Filling the gap. Technicals shifting. After gap is filled support will be harder to maintain. If it dips below support, bot algos will trigger sells.
AAPL is coming for Netflix so is Disney and Amazon with this lofty valuation it's not a long time bet too risky.
DREAMER BABIES make up 80% of the Antifa #$%$ - CNN. They hate America, have no intention of ever assimilating, and want to make America just like Venezuela.have a nice day.