I see no falling trees. Just a tree shaking back and forth. 30 minutes after close and After Hours price is slightly above closing price.
NetFlix the SHORT of the YEAR
- Thread starter RainMaker3000
- Start date
I see no falling trees. Just a tree shaking back and forth. 30 minutes after close and After Hours price is slightly above closing price.
Patience is a virtue...
Up over $7 after close. This tree is going to keep growing.
The Blu Ray/DVD side has dwindled to ~2.1 million subs. What the hell is wrong with you people, that side is the best side of the biz, it has everything. Their stream side, like every other stream site, is meh absolute meh.
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When is it coming out on NETFLIX
Indeed!
I've never seen so many people on one side of the fence, Long NFLX, my contrarian instincts tell me some will get blown out on this downdraft into the 200s...demand and supply, a theory based on the future past tense...
I'm naturally a contrarian too, but I also rely on past experience to tell me what's going to happen. I once thought FB was overpriced at $40. I thought AMZN was overpriced at $200.
I wont make that mistake with NFLX. People don't leave NFLX even if they don't use it. It's $13 bucks per month. It's basically "I dont give a shit" money. The psychology is that it's so cheap, it's not worth the effort to cancel.