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NFLX Down 25% From Highs, Tumbles To June Stock Split Levels

Tyler Durden's picture




 

FANG - Forget About New Gains?

Since The FOMC Minutes, things have changed...

 

It appears another one of the legs of the new investing meme has broken. NFLX is now down 25% from its record highs in August and has entirely roundtripped from the post-stock-split exuberance...

 

The big question now - will we retest the Black Monday Flash Crash lows?

 

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Fri, 09/04/2015 - 10:50 | 6509219 Tonald J Drump
Tonald J Drump's picture

wow that NFLX chart looks alot like the chart of my opponents' popularity numbers  !!   Make America great again !   Trump 2016 !!

 

Fri, 09/04/2015 - 10:53 | 6509254 Big Beta Bill
Big Beta Bill's picture

The internals feel weak. 

Fri, 09/04/2015 - 11:14 | 6509394 El Oregonian
El Oregonian's picture

NETFLUX

Fri, 09/04/2015 - 13:00 | 6509944 vulcanraven
vulcanraven's picture

Torrent>Netflix

Fri, 09/04/2015 - 10:49 | 6509221 ghostzapper
ghostzapper's picture

Need to have Cramer rally the troops on teevee doing cartwheels wearing a Netflix t-shirt.  

Fri, 09/04/2015 - 11:14 | 6509392 KnuckleDragger-X
KnuckleDragger-X's picture

Netflix just ain't shiny enough, they need a mascot and I hear Ronald McDonald needs a job......

Fri, 09/04/2015 - 11:51 | 6509605 Trucker Glock
Trucker Glock's picture

Cramer doesn't get emails from Reed Hastings?

Fri, 09/04/2015 - 11:58 | 6509645 Squid Viscous
Squid Viscous's picture

I took Cramer's advice a few weeks ago and piled into GoPro, AMBA, and Twatter... so I can't even afford a new set of wheels for my trailer.

Fri, 09/04/2015 - 10:49 | 6509227 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

Time to cut the losses in NFLX and roll the proceeds into AAPL.

Fri, 09/04/2015 - 10:53 | 6509228 ebworthen
ebworthen's picture

The media talk is a stream of 6th grade chatter: "Great jobs report intensifies debate about FED rate raise."

Employment and pay in the U.S. is at an all time low and the economy sucks ass kids!

Market crashes 2%-3% based on speculation that maybe there is a 0.25% hike!?

"God forbid people get paid 0.25% on their savings, it will hurt the recovery!"

"It's crazy to not be chasing yield in the stock market!"

ASS CLOWNS!

Fri, 09/04/2015 - 10:56 | 6509282 Save_America1st
Save_America1st's picture

The Fed don't care about the .25% that savers would get.  It cares about how just that little .25% will implode their 4.5 Trillion dollar book of shit they're holding onto. 

And then comes the domino effect after that of crashing the hundreds of Trillions in derivatives that are based on all that worthless shit. 

They can't raise rates even by that much...they're completely fucked and they know it.  They can only "talk" about it a little bit and even just doing that causes the markets to puke all over the world.

Fri, 09/04/2015 - 11:16 | 6509403 KnuckleDragger-X
KnuckleDragger-X's picture

Yep, the mega-banks would have a bad day if derivatives took a shit and then the bureaucrats wouldn't have cushy jobs to retire to.....

Fri, 09/04/2015 - 10:54 | 6509257 JoeTurner
JoeTurner's picture

Netflix is the same Ponzi scheme as Blockbuster was in the 90s....rather than burn millions opening more and more rental stories Netflix burns billions to grow a subscriber base that is not paying full price for movies...

Fri, 09/04/2015 - 10:57 | 6509288 buzzsaw99
buzzsaw99's picture

crAAPL is looking quite, um, toppy.

Fri, 09/04/2015 - 11:03 | 6509332 Big Beta Bill
Big Beta Bill's picture

Lower highs, lower lows.

Fri, 09/04/2015 - 11:06 | 6509352 buzzsaw99
buzzsaw99's picture

not everyone can get out at the top. some of youse is going to have to be, er, bag holders.

Fri, 09/04/2015 - 11:09 | 6509370 cowdiddly
cowdiddly's picture

Fangedabowdit

Fri, 09/04/2015 - 11:11 | 6509379 mastersnark
mastersnark's picture

Well, I've done what I can to help. I quit my job to watch Netflix all day and send snarky tweets about the movies. #ClearConscience

Fri, 09/04/2015 - 11:24 | 6509447 Ban KKiller
Ban KKiller's picture

Watched "Mirage Men" but not on Netflix. Amazon Prime. Film about UFO disinformation that surely applies to the sheeple population of the world. Truth? My chickens lay egss. That is true. 

Fri, 09/04/2015 - 11:28 | 6509468 Son of Loki
Son of Loki's picture

Take a look at their mivies. How did they ever climb this high anyway? It may be a buy at 12 but not at this price. Plus. there's much better movies on other sites for free.

Fri, 09/04/2015 - 12:21 | 6509749 Misanthropus
Misanthropus's picture

Funny I just renewed. Looking forward to binge Breaking Bad.

Fri, 09/04/2015 - 12:22 | 6509751 ThrowAwayYourTV
ThrowAwayYourTV's picture

Who the hell wants to sit infront of a box and watch a fake world hour after hour, day after day, night after night?

Is your real life so boring that you have to watch someone elses fake life and dream about being them?

 

 

Fri, 09/04/2015 - 12:52 | 6509906 New_Meat
New_Meat's picture

No-TV:

"Who the hell wants to sit infront of a box and watch a fake world hour after hour, day after day, night after night?"

Yep, thaz why I cruize Z/H ;-)

 

Fri, 09/04/2015 - 12:40 | 6509844 adr
adr's picture

Netflix lost a juggernaut to Amazon with Top Gear. They just lost a huge movie catalog to Hulu.

Some of their original programming is ok, but mostly just the shows that already existed before Netflix bought them. Almost all of them declined in quality under Netflix's watch.

Netflix worked when they sent DVDs through the mail. The streaming option is terrible.

Fri, 09/04/2015 - 13:49 | 6510203 fiftybagger
fiftybagger's picture

Just watched a few episodes of Mr. Robot on Popcorn Time last night.  Smooth as silk.  Buh bye Netflix.

https://popcorntime.io/

 

Sat, 09/05/2015 - 08:19 | 6512789 NoIdea
NoIdea's picture

Only an idiot wouldn't BTFD here.

Only an idiot would BTFD here.

Do NOT follow this link or you will be banned from the site!