CNBC Guest alleges: NFLX Cooking the Books

Quote from S2007S:

Looks like PCLN is already falling...

Trading at $475!

A drop of over $50.00 since I spoke about shorting it.....

:p


Going a lot lower, sub $200 levels by 2012 maybe even sooner!
More...


DOWN again today, down over $100 from its highs and going lower!




priceline.com Incorporated
(NasdaqGS: PCLN )

After Hours: 446.60 Down 2.86 (0.64%) 5:54PM EDT
Last Trade: 449.46
Trade Time: 4:00PM EDT
Change: Down 28.56 (5.97%)
Prev Close: 478.02
Open: 469.12
Bid: N/A
Ask: 462.80 x 200
1y Target Est: 639.28
Day's Range: 449.33 - 472.27
52wk Range: 325.00 - 561.88
Volume: 2,199,623
Avg Vol (3m): 1,330,300
Market Cap: 22.37B
P/E (ttm): 31.87
EPS (ttm): 14.10
Div & Yield: N/A (N/A
 
[i"]Quote from S2007S:[/i]

Looks like PCLN is already falling...

Trading at $475!

A drop of over $50.00 since I spoke about shorting it.....

:p


Going a lot lower, sub $200 levels by 2012 maybe even sooner!
More...


Key words " spoke about " did you take the trade would make it more impressing if you mentioned at the time, just saying,, i unfortunately made small gain on nflx uptrend, and small loss on the down, sadly bland
 
Quote from S2007S:

Was watching that myself as nflx of course was touching historical highs, this stock will eventually collapse, dont think for a second this stock is going to continue and post 100% rallies year over year, when this game ends this stock will be sitting well below $100 a share, every stock has its day and nflx is having theirs right now, reminds me of the dot com days all over again. This stock could easily lose 50% in a month or two when the trend ends.
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And the trend has finally ended, NFLX lost over 800,000 customers....just to think they were on top of their game just a few short months ago with a stock price soaring to new heights now the stock is below $100 just as I predicted it would be, everyone thinks stocks can rally forever, thats not the case....Next is PCLN, that stock will fall just as quick as NFLX when the time comes back below $100 as well.
 
Quote from S2007S:

And the trend has finally ended, NFLX lost over 800,000 customers....just to think they were on top of their game just a few short months ago with a stock price soaring to new heights now the stock is below $100 just as I predicted it would be, everyone thinks stocks can rally forever, thats not the case....Next is PCLN, that stock will fall just as quick as NFLX when the time comes back below $100 as well.
More...

Ooops. PCLN @ 540. I guess you were wrong. Are you actually short this trade, if so, what is your stop loss?
 
Quote from S2007S:

Looks like PCLN is already falling...

Trading at $475!

A drop of over $50.00 since I spoke about shorting it.....

:p


Going a lot lower, sub $200 levels by 2012 maybe even sooner!
More...

PCLN is at $650. It's going the opposite way of your prediction. It's 2012. Are you going to admit you were wrong? Or are you going to sim-reshort some more shares?
 
Quote from jedwards:

PCLN is at $650. It's going the opposite way of your prediction. It's 2012. Are you going to admit you were wrong? Or are you going to sim-reshort some more shares?
More...

That's hilarious!

Sub-$200. He wishes. That stock's making bank because the company's making bank. There is never any reason to short stocks without negative earnings. Even if PE seems to be too high the growth rate usually isn't.
 
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