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The Company is a online movie rental subscriber which provides more than 6,300,000 subscribers access to a comprehensive library of more than 70,000 movie, television and other filmed entertainment titles on DVD.
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xthecritic (87.75) Submitted: 2/25/08 3:25 PM : Start Price: $28.02 NFLX Score: -8.55
I have been wrong twice on this stock (shorted at 17 and 21) but at $28 I gotta take another stab and try to recoup some of my lost points and accuracy.25x PE in this market environment is rich. And the VOD market is loaded with competitors. I don't see how these guys are going to grow the bottom line.Please be right this time. Please be right.-- Prophet of Portsmouth.
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HooDaHeckNose (84.96) Submitted: 2/27/08 10:52 AM
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Sorry, ya picked wrong again. NFLX is one of my best investments in my real$ portfolio. Bought at 13, and 17
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HooDaHeckNose (84.96) Submitted: 2/27/08 10:53 AM
I might just sell some today, though :D
SanDiegoBloak (< 20) Submitted: 3/12/08 11:04 PM
Ouch, Prophet, when will you learn? What makes this company great is not just the product, but excellent customer service that generates loyalty! Take your lumps cover your shorts and sign up for the 3 DVD's at a time membership. You may even turn into a long!
xthecritic (87.75) Submitted: 3/13/08 6:25 PM
I am a customer already. Full disclosure - this guy has zero active picks.
respect4earth (46.13) Submitted: 3/13/08 9:03 PM
I agree with you. Why should anyone be allowed to submit comments, without submitting picks.As far as Netflix, I'd be scared to go either way.
borisvolodnikov (63.55) Submitted: 4/18/08 4:39 AM
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I agree with respect4earth. The volatility is not something I want to mess with. It feels like this stock is being somehow gamed...
chuchunga (26.50) Submitted: 4/24/08 9:50 AM
Netflix is an interesting stock with it's main competitor as Blockbuster. Blockbuster killed itself by not getting itself into the mail DVD business sooner BUT now that they are in it and with a bigger brick and mortar presence than Netflix it is only time before Blockbuster gets it right. When they do Netfix will be in deep trouble. Their video streaming service seems to be their best bet to focus on now with over 50% of the US now using broadband internet. While the argument can be made that the quality isn't as good as the DVD medium, instant gratification is the more important issue here. Blockbuster brick and mortar allows you to DRIVE to get a new movie same day. VOD allows you to sit on the couch and watch what you want when you want. Blu Ray and HD DVD will make it interesting unless services like FiOS with more bandwidth come out as high def data is much higher than standard DVD data. Honestly, Netflix may even be better off creating a box like TiVO but just for VOD. They do have the money for the R&D, but time is not on their side.
taja44 (34.41) Submitted: 4/26/08 12:03 AM
How can it be gamed when it is offered to a public nation?? No one can controll that unless it's done illegal!!
ravikatiyar1 (49.50) Submitted: 5/07/08 1:01 PM
moat for netflix is growing day by day. its moat is its loyal subscribers. one of the reason why subscribers will keep growing is because netflix is putting its software in so many devices. so a subscriber has to do almost nothing, to get 'watch instantly' titles on their TV , once they have bought any of those devices. this is gonna strengthen customer loyalty. Also very less people noticed their smart move, which was to shun their set top box approach and to pursue tying up with consumer electronics companies, so those people are skeptical about the stock. This strategy will help them let do what they do best and let consumer electronics companies worry about selling and inventories. Remember its the same strategy by which microsoft got its software into almost all PCs. I wonder if reed hasting got this idea from bill gates!!