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.
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.
i sold my nflx at 178/share. waiting to get back in. i believe i will be able to buy in below 165...soon.
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.
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
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.
Bought 750 shares at 3:50pm. Oh it's a wonderful day
Still below 200? unbelievable. Lots of people still do not understand its potentials.
nflx trading at his price..with only earnings of 77 cents a share...EXTREMELY OVERVALUED!!!!!!!!!
I still can't justify how a stock can rise 13% just based off subscription growth. The financials look terrible. This market is really unorganized right now. Too many people putting money into companies with no recourse.
Posted in $NVDA conversation
Ok, now $FB (159.73) and $NVDA (164.25) need to catch up with $NFLX (176).
Should hit $185-$190 tomorrow after all the shorts cover. Margin call bonanza
So 5.2 million subscribers added ... what they don't tell you is that 7.3 million cancelled their accounts. Read it carefully ... they don't say they had a net gain of 5.2 million subscribers. Tell us how many cancelled!!
Is this 2017 or 2000? People ever learn?
Added to my short at 187 but continue to be amazed by the demand for this after the 22 point rise yesterday. Where does this finally stall? Calls for 200 seem weak; that's less than 7% from here!
Wow over 50% of revenue now coming from international! Many more subscribers to go!
Anyone buy puts today?
Who is buying in at this level? NFLX investors seem to constantly throw out claims, often easily disproven, with just a little math. This idea that new subscribers pay for new content: utterly ridiculous. Projected 2017 content spending per NFLX management is $6B, that $1.5B or $1500 million per quarter. New subscribers of 4 million will bring in about $112M. So that's $1500M of spending vs. $112M of new subscribers. The question is how are they going to get funding, i.e. when is the stock dilution.
I guess as a short you have to take today's modest gain as a victory! Still predicting a little retrenchment from this elevated level. Maybe tomorrow?