NFLX up ~38% today | TigerDroppings.com
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rickgrimes
LSU Fan
Member since Jan 2011
2999 posts

NFLX up ~38% today

Is this the beginnings of a full blown comeback?


LSUcam
LSU Fan
Destin FL
Member since Dec 2011
381 posts

re: NFLX up ~38% today
quote:

full blown comeback


I think NFLX has come back, as far as a company. As far as the stock, I think it is currently over-valued at today's market price. I do not see a huge upside from today, but I could be wrong. I'd definitely wait for a pull-back.

The reason the stock blew up today is because NFLX posted unexpected GAAP profits, where the street expected GAAP losses on earnings. I'm not here to bash NFLX, I love the product, use the product. I'm just outlaying the risk with jumping on the bandwagon today at this market price.

I think NFLX stays around for 3-5 years, unless they diversify the revenue streams (I think the service they provide is lower-margin and highly replicable).



LSU1018
LSU Fan
Baton Rouge
Member since Feb 2007
5552 posts

re: NFLX up ~38% today
I think Netflix could hang around if they start producing more series for Netflix only. Not sure how good that will fly but I know I wish they would produce another season of Jericho


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southernelite
LSU Fan
New Orleans
Member since Sep 2009
43232 posts

re: NFLX up ~38% today
quote:

Is this the beginnings of a full blown comeback?


full blown comeback. no.

they are on their way though. need to ink some more Disney type deals.
also, don't know what the current turnaround on theatre to netflix is, but they could probably work on that too.


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