...at least that's what someone here on CAPS used to say. Anyhow: [more]
I hope that those screaming about the deal of a lifetime up around $132 haven't ridden it down all the way. NFLX deserved a high multiple when it was an amazing growth story, but with subscriptions declining does it even deserve a 15 multiple? They're still predicting a 10%+ increase in subscriptions this quarter, even though they admit they're still losing subscribers in October? Even at $85, this does not look like a buy. [more]
Alcoa Q3 earnings come in 30% below analysts estimates. The stock is down 5%+ after-hours. Hopefully this isn't a sign of things to come.