Netflix for a dead cat bounce? Near 52 week low at 116 with a 52 week high of almost 305. I gotta be able to catch a nice 5% bounce at some point, yes?
Netflix for a dead cat bounce? Near 52 week low at 116 with a 52 week high of almost 305. I gotta be able to catch a nice 5% bounce at some point, yes?
I'm far from an expert, but look at the situation. Customers are leaving, annd they just announced new content not coming for a long time which sure sounded like a desperate move to me to try to retain some positive press.
I think it's going to keep falling. I could be totally wrong, but with all the competition I think investors just see Netflix as on its way out. Not sure we're going to see any bounce on this one at all unless something big is announced, like a new content license for a reasonable price.
Lcoal nespapers have the same problem when they put up pay walls. There is often a backlash, but subscribership typcially improves after the intial backlash. Chances are, we have seen all of the backlash that there will be. And I think they lost like 3% of subscribers. Most people I know are not happy but I don't think a single person has unsubscribed.
netflix's mistake was how they changed pricing. You don't sell Coke (best of breed like Netflix) for $1/bottle then change the price to $2. You need to make 10% increases over time until you get to your target, then you make inflationary based adjustments. Netflix should have done this by taking on some debt (bond offering, whatever). maybe they investigated that route. But if they did consider a bond offering and a gradual price increase model, they have not said it to my knowledge.
AMD stock just got nailed 13%. I'm gonna go in. Who's with me?
AMD stock just got nailed 13%. I'm gonna go in. Who's with me?
How much lower do you guys think NFLX could go?
I sold all my shares in AMD at $6.20, would not recommend it until AMD turns shit around. I should of shorted AMD when I read about the yield issues, not good when your 2 major products are already delayed (Bulldozer/79xx series cards).
still no verdict for the RMBS trial? I guess if I were one of the jurors, I wouldn't want it to end until Friday...who the heck wanna go back to work on Friday, and for once, people actually care what they think, oh and those free lunches...
still no verdict for the RMBS trial? I guess if I were one of the jurors, I wouldn't want it to end until Friday...who the heck wanna go back to work on Friday, and for once, people actually care what they think, oh and those free lunches...
No verdict yet, this is the 5th day of jury deliberations. BTW, due to California budget issues, court is not in session on Fridays, so the next time they would meet up would be Monday.
I bought another 200 shares at $14.13. 16,200 shares and counting. I think this tops the most Rambus shares I have ever owned at once.
I have a feeling the verdict is imminent, but maybe it's my mind fooling me since I don't want to buy more put options once these weekly ones I have expire tomorrow.
all online companies have low book values, it's irrelevant to the stock's fair value. I wouldn't touch NFLX at $100 but I'd take a look at $70 if their subscriber growth returns.Netflix's book value is about $6. They have been euphorically overpriced and now with the pyramid-scheme type pricing period finished, can easily drop into the $30-$50 range.
I don't follow AMD but low yields does not mean excess demand. OTOH I am interested in INTC if it settles back to August lows.What the...? REALLY? Shit.
Also, y'all really should get onboard with AMD. Don't think like enthusiasts -- think like investors. The supply problem means that they have more demand than supply -- meaning their product is solid.
Imminent as in today? Hope you're right, I'm eagerly awaiting the outcome on this one.
They brought a projector into the courtroom now, and only allowed the lawyers to come in at first, but now it is open to the public. No idea what it's for. It could be the jury wants to see another piece of evidence for review, but that's unusual. They usually would just bring it to the jury room for review.
Verdicts are usually presented on a projector too... ahhhhhhhhhhhhhhhhhhhhh! ONE TIME BABY!
Edit: They want to review Martinez video. Defendants object to this, want jury to read the transcript only.
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