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October 2011



Netflix: loading up

October 25, 2011 – Comments (4) | RELATED TICKERS: NFLX

Oh Netflix, what dost I think of thou?  Apparently my Netflix call in late September was premature.  Took a bath on that one, but now I am back in fo some mo'!  I don't know what to think about Netflix management over the past six months but I think they have gotten the message loud and clear and that they are going to enter the next year more humble and eager to please customers.  The reason that I put more money into the stock this morning is that Netflix is still way ahead of its competitors in terms of user experience and content offerings, they have over 20 million customers, and a refurbishable brand.  Granted they have lost loads of customers recently and they are predicting a few quarters of unprofitability, but I believe that they can turn things around and in the long term they will be a major player.  The international expansion opportunity looks very promising although expanding beyond UK & Ireland is now on hold until they can get it together.  [more]

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