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davejh23 (< 20)

NFLX at $85 after-hours...



October 24, 2011 – Comments (5) | RELATED TICKERS: NFLX

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.

5 Comments – Post Your Own

#1) On October 24, 2011 at 6:49 PM, chopchop0 (59.26) wrote:

agreed.   It probably deserves to be $20/share, where it was as a DVD rental company.

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#2) On October 24, 2011 at 10:14 PM, ayaghsizian (95.15) wrote:

When it was 130 I wrote that I would buy it at 80.  Now that it's around 80, the forward estimates dropped to around 54c a quarter.  If they earn $2.50 next year and the forward PE should be around 20, that means the stock should be around $50.  And a forward PE of 20 is very respectable, even AAPL only has a forward PE of 11.  I think I'll wait for another drop to 50 before I re-analyze.  Better opportunities to buy right now.   

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#3) On October 24, 2011 at 10:44 PM, CCharing (90.93) wrote:

CRM next?

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#4) On October 24, 2011 at 11:03 PM, SUPERMANSTOCKS (38.71) wrote:

I will never buy them! They're a FAD!

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#5) On October 25, 2011 at 11:31 AM, SUPERMANSTOCKS (38.71) wrote:

ALERT!! Get some of your money back this way




Dividend EX-date 11/09/2011 this stock pays 15.51% or .51 cents a share   


Payable Date

Not bad a for a 13.00 stock!

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