Only an idiot would short this stock.
NFLX is going to bust through 300 next.
NFLX is going to bust through 300 next.
CNBC Guest alleges: NFLX Cooking the Books
- Thread starter Rearden Metal
- Start date
Looks like someone else took his place
http://seekingalpha.com/article/253...d-getting-squeezed?source=qp_investment_views
http://seekingalpha.com/article/253...d-getting-squeezed?source=qp_investment_views
Quote from NoDoji:
He doesn't have to go to all this trouble to get NFLX stock price to drop so he stop the bleeding from his account. Tilson capitulated, which means the top is likely in
http://seekingalpha.com/article/252316-whitney-tilson-why-we-covered-our-netflix-short
LOL, I wouldn't put much stock in what some twenty something college drop out (that takes up trading) writes on a blog.
And the stock did eventually collapse just as I said it would, thought it would have taken longer to happen but it did collapse, here is just another example how everyone thinks that high flying stocks can keep going up forever and that there is no such thing as down. Well again all those who were thinking this were proven wrong once again, fools as always.
Next in line is PCLN!
And dont come on here and say its not, I will just start laughing!
PCLN trading above $530! When the day comes this stock as well will be sitting under $100 a share!
I was thinking there is one thing to prevent NFLX slide:
We all have their service embedded in our devices. Apple TV, Roku, many TV models, and most dvd players come with Netflix preinstalled. If you want streaming on your tv it's netflix first, apple maybe (if you bought an apple TV) or cable tv box. Since Cable has only new movies, it's really Netflix or nothing for streaming. I think that they will maintain their marketshare but may not make the kind of money they were making before. But there really isn't another player in town, for now so they will maintain their "monopoly"
If this stock is $70 I think it's a good buy because then you aren't really buying any growth expecations.
We all have their service embedded in our devices. Apple TV, Roku, many TV models, and most dvd players come with Netflix preinstalled. If you want streaming on your tv it's netflix first, apple maybe (if you bought an apple TV) or cable tv box. Since Cable has only new movies, it's really Netflix or nothing for streaming. I think that they will maintain their marketshare but may not make the kind of money they were making before. But there really isn't another player in town, for now so they will maintain their "monopoly"
If this stock is $70 I think it's a good buy because then you aren't really buying any growth expecations.