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"Red Is The New Green" For NFLX As Stock Split Deja Vu Continues

Tyler Durden's picture




 

"House of Cards" indeed...

 

 

Deja vu?

 

 

Charts: Bloomberg

 

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Thu, 06/25/2015 - 12:00 | 6233813 KnuckleDragger-X
KnuckleDragger-X's picture

SSDD.....

Thu, 06/25/2015 - 12:15 | 6233888 TBT or not TBT
TBT or not TBT's picture

I hope they don't lower my ($8.99) a month dividend.  

Thu, 06/25/2015 - 12:00 | 6233815 Squid Viscous
Squid Viscous's picture

That old lizard really gamed the momo tards...

Thu, 06/25/2015 - 12:04 | 6233837 ElixirMixer
ElixirMixer's picture

Icahn is a true American hero.

Thu, 06/25/2015 - 12:44 | 6234011 Rehab Willie
Rehab Willie's picture

He is truly doing God's work

Thu, 06/25/2015 - 12:11 | 6233869 One And Only
One And Only's picture

Last time the stock split it was $40. Then it went to $600. What's the point with that chart?

Thu, 06/25/2015 - 18:50 | 6235317 myne
myne's picture

Netflix may be overvalued and it could all be crazy, but at least they have a product and customers. 

Thu, 06/25/2015 - 21:44 | 6235797 GotGalt
GotGalt's picture

I agree with you myne.  Netflix is a useful service with good value to the customer.  But, as in many cases, just because the product is good does not make for a good stock.  I cannot imagine why anybody would still be holding onto their NFLX shares today given the price.  Stock price increase has *way* outpaced even the rosiest company growth in revenues, market share, etc.  Plus, Netflix is stuck because the more they grow and more money they bring in, the content providers will want a bigger and bigger slice of the pie.  Netflix realizes that and is frantically generating their own content, but that is also an expensive venture. 

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