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 .
Parents shouldn't get Netflix for their kids because there is too much violence in the movies and TVs shows.
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 $10 ...Get out of NFLX don't be a bag holder of this Pig trading 7 times salesis unusual for a 20 year old company ....I won't be surprised if NFLX goes bankrupt in 5 years ...
Netflix fell 2.3% to 166.09 today, closing just below a 166.97 flat-base buy point cleared on July 18. While Netflix is not that far below the entry level and holding above its 50-day moving average, the stock has now erased a 15% gain. You don't want to see stocks with 10%+ gains turn into losers. Just wait when holders start selling to protect paper profits. Never hurts to take a profit. You are not going to see new highs again for a very long time if ever.
The momentum reversal is confirmed. Technical support is breaking down. Filling the gap back to 163.22. Bot algos will start to trigger more selling. Then moving down to low 140s. MMs are working hard to keep things orderly and preventing a pps collapse. The only reason that they can is because 90% of the float is held by institutions, hedgies, and insiders, They do not want to #$%$ 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.
214 p/e ratio. whose gonna be left holding the bag?
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?
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...
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."
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.
Forget the financials for a minute...What's so special about Netflix anyway!?? Last time I checked they only had old old movies and somewhat current TV shows. Those TV weren't even good IMO. The only movies I could see people watching were the kids movies, but Disney took out their's so now what! I never liked Netflix, but then again that was a while ago. Not sure how they've changed. Xfinity has much better selection.
No position #$%$ Spammers, all alone in musky Boiler Rooms are the only ones on Yahoo Message Boards.
Again I am right. Pumpers were out today praising this POS. Face it. Most subscribers get the service for the kids. Disney is 99% of the children's content. A bigger blow is netflix's biggest cheerleader is turning
#FB #NFLX #AMZN Apple is reportedly planning to invest over billion dollars in original content programming.
AAPL Stock: Apple Inc Is Headed On A Collision Course With Netflix Inc And Amazon.com Inc | Amigobulls
In spite of initial setbacks, Apple Inc (NASDAQ:AAPL) is redoubling its efforts in original content programming, which could drive services segment revenue.
Nice action today as markets sell off; holding in nicely which is a concern to shorts,