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Netflix Implodes After Reporting Horrific Guidance; Notes It Repuchased Stock At $218 Avg Cost Basis
One hopes that the European surprise on Wednesday will be more successful than this. In the meantime, the XIRR on Jim Cramer's recommendation to buy NFLX on Sept 26 at $135 through the current AH price of $87 is -99.6%.
Earnings summary shows EPS forecast peaking at $0.70 which the street had at $1.10. Explains the epic collapse in the stock after hours.
Some highlights from the letter:
- We expect streaming net addition will be negative in October due to the cancellation wave referred to above
- We used $39.6 million in Q3 to repurchase 182,000 shares at an average cost basis of $218.
- After the repurchases we finished the quarter with $366 million in cash and equivalents
- We expect to report a global consolidated net loss in Q1 2012 as well as to consumer cash as we launch the UK
And here is why we repeat our warning from last year, that Netflix' business model demands a follow on offering:
- We expect our FCF to continue to lag net income for the next few
quarters as our spending on content continues to increase both
domestically and internationally - By pausing on further international expansion and halting buybacks, our current cash on hand is adequate to support the growth of the business. As we have done in the past, we will continue to evaluate the appropriate cash level for the business
Cramer buying at $135 on September 26, 2011
The IRR for anyone who listened to Cramer a month ago: -99.6%
In other news, sub $100 make that $87
Full earnings "investor letter"
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Where is RoboTimber?
Robo went to the post office to return his Netflix porno DVDs.
Tilson's got to be kicking himself in the ass for originally getting out of the trade, even though I think he later put the short back on!
NFLX was buying the stock to support the options of management...this is .com all over again. They wasted cash and profits to funnel to executives. Heads of these incompetent asses need to roll
Check out the latest from the Capital Research Institue "On Behalf of the 99%":
http://www.capitalresearchinstitute.org
"...the media for the most part is completely in the dark, at best, or complicit, at worst.
The point being, people don’t really know WHAT they want, in terms of reform. Thats why the ‘Change’ gimmick worked so well for Obama. Because people KNOW they want change, they just want someone to tell them what will be changed, and why that will be better. Herman Cain’s 9-9-9 plan is the exact same. People aren’t worried about the specifics, they just know they want change. Well, I am here to help steer the herd a little, as it were.
What is needed is the banning of usury, an end to the Federal Reserve System, and a return to Sound Money, for starters."
Herman Cain wants you to pay 9.99 for a slice of Diarrhea Pie.
Don't get stuck in an elevator after eating one of those like this guy...
http://www.youtube.com/watch?v=N0zp3bEj7Vg&feature=related
Future of USA
hmmm. Let me suggest that first we need to get REPRESENTATIVES in washington ... not shills. I suggest the best way to do this is to criminalize bribing of politicians via campaign contributions by organizations THAT CAN'T VOTE. The other kind of bribery is already illegal. If you can't vote, you can't bribe! This is not a violation of the first amendment because (1) organizations aren't people (they can't vote can they?) and (2) they can run any ads they want saying anything they want (without direction from a candidate).
Let's just be a simple fuck about it.
Netflix and hulu have one job. Destroy the old cable tv business model of television where shit was simply broadcast to dumb tvs and radios and replace it with a new business model where shit is broadcast to trackable mac addresses. Because you can't enforce rediculously high priced enterentainment without lots of jail and lawyer and data processing overhead. I mean seriously do you seriously think they can charge 100 120 bucks a month for cable and internet? Hell no they can't. Why do you think they switched to digital tv? To get more hi quality channel transmissions? NO because TV decoder boxes have a mac address and are "SMART".
The hollywood fucktard companies didn't start the cable companies and turn them into massive structure query language fucktard machines so they couldn't play god now did they?
They want to make more money on the new machinery than they made on the older simpler machinery and be more landlordish about it. Problem is they won't. Hulu is CBS fox news and disney which is wierdly comcast. Netflix is microsoft and all the mysterious fuckers behind them. Blockbuster is dish network which is a bunch of creepy ass jewish cell phone companies.
You are inside the biggest blackest box of monopolistic lying ass entertainment. It's a bit more complicated than executive profits. It's the power to make or break actors control their behaivor. Make them act out rediculous fucking farces of reality. Claw back payments with drugs. Because nobody will fucking protect you like an addict who gets drugs from you.
It's like that late show guy. The drew carey british guy. He's a fucking drug addict. He had several shows dedicated to making fun of gaddafi complete with fake audience laugh tracks and nothing behind it but celebrating jews.
All these tech companies are not tech companies. They are simply tech companies that are stitched to the entertianment and propaganda industries asshole. And they'll destroy their old companies to drive people to new "distribution" systems in a heart beat. If it means more power more control more ability to flavor the manipulation just so.
I just love netflix for the animefix - japanese still know to enjoy themselves.. maybe the stock will go down to $50 so I can buy back in where I sold before the run up :)
Nice Heph. Like the way your mind works. Interesting in-sights.
ORI
NFLX is the US economy in short hand writing
Actually, he tried to go to Vegas to convince the Pit Boss that he should be allowed to bet on a number AFTER the dice is thrown..
They have porno?
Yes, you even get to lick it as many times like you want.
It's very popular so it seems.
http://2.bp.blogspot.com/_o5swS_a08j4/S2r34uUz3iI/AAAAAAAAE54/z0E9dkxBXjc/s400/ObamaStamp.jpg
The irony here is that porn is probably one of the only things that could save Netflix..
too much free porn available like everywhere else
while true, there are people that don't want to surf to search and wade through the virus ridden interwebs to find it. There are more people who don't want to bother with it and would rent it for a few bucks than have to waste time trying to find it. It's a convenience cost.. nothing more.. and people pay for convenience all the time.
Pretty doubtful one would get a virus from free porn, haha! Who is this guy?
I wasn't referring to the free porn once you found it.. I was referring to acquiring during the search for it..
You must be running Windows 98.
You would be surprised how many hundreds of thousands of people don't know how to navigate the net and end up with nasty shit on their systems.
Those days are long gone. They can track you completely now. No need to fuck with your computer any more.
I mean sure it's not failsafe. I've been on the net where it throught It was someone else. It's a rush but it's also extremely difficult. The reason ad trackers and ad aware are gone is because you've got 6 to 12 ad bots attached to your ass every time you log in the internet. They get you from the second you enter the door and have you tagged till you log out.
lubetube.com
works great on smart phones too!
links to support your case???
Not to mention the irony that Robo's popularity around here seemed to plummet when stopped including porn in his posts.
Well if they wanted to do gay porn, they could always call it NetDix ....
How about Lesbian porn? NetLIX?
This is not funny, i just called Robo's mom and she said he just attempted to drown himself in the plastic kiddie pool in the backyard. The fire department is on its way. He will surely be placed on suicide watch.
Is anyone willing to be "on watch" ?
What a pussy. Shoulda just drank a glass of Drano like his dad did.
Shoulda just drank a glass of Drano like his dad did.
Ask his mom which one of his thousand fathers did that.
where is cramer?
His BUY BUY BUY at $295 went down the Cramerica memory hole a long time ago....
God Bless Jim Cramer
#WeCantWait for Cramer to go down his own memory hole.
you mean like this?
Jim Cramer: "Bear Stearns is Fine!" Tues, 3/11/08http://www.youtube.com/watch?v=gUkbdjetlY8
Was watching CNBC the other day and had volume down and closed caption on. Every time Cramer's name was mentioned by someone on air, CC typed 'Crimer'. How prescient.
Not funny at all, Robo was enjoying today's rally.
Too bad the puts on this Bag O' Shit, were a little expensive.
Robo will be fine, He will get back on his mule only to fall off, again.
http://www.youtube.com/watch?v=qcj_S6UReE8
Yea, where is that bull fucktard? Netflix was the highlight of his postings in June/July and before. So what happened Robo? Did the ZH 'smart money' catch you unaware? What say now?
LOL! Did Cramer really pimp Netflix? Too funny. What a ass he is.
NFLX is/was the next crox - http://hedge.ly/ddRcLk
Someone call Robo's mom and have her check on him in the basement please.
Auto-erotic asphixiation?
More like Autobot fixation. He likes Optimus Prime the best, it's just unfortunate the decals fall off in the bathtub.
Hey Robo,Robo , come out to play!
Hung foo, just like Carradiene. While listening to an old INXS cassette.
Robo is the best hindsight trader I have ever seen.
Short to 0. Nuff said.
Beat, but all about guidance on that POS going fwd
God, why didn't you tell me this 10 minutes ago so that I could buy it!! Gonna rip tomorrow!
July 13, 2011 NFLX: $298
October 24, 2011 NFLX: $99
I don't have a PHD in Economics but I think that is something like a 66% drop in stock price!
Hitler NFLX long at $298 downfall parody coming to YouTube in 3..2..1...
This just looks like a least-significant digit pricing trick...
I love timber. Great inflation hedge.
Well....the cynic in me says just like the Timber for APPL, and the susequent rise, will likely happen with NFLX too. Not that i give a shit because I wouln't go long anything this manufactored market. For now, at least something is going down. LOL.
nflx short...the gift that keeps on giving
I'm hoping for the same on the CMG puts I just bought.
it is looking a bit triple toppy isn't it? that move after earnings isn't going to last imo...to early to tell for sure but i've got the same trade on
edit: watching deck into earnings as well
How can you not play it short? Trading at P/E almost 2.5 times higher than industry average, in an industry that's got to be ready to tank.
CRM looks like a good short, too. Keeping my eyes on that one, ready to pounce.
man, CRM gave and then took a ton of my money in 08 LOL.
Would love to be short that pig, along with LULU and the entire CREIT complex, when the time is right.
I hear ya. I'm short LULU, too. Getting killed right now, but my puts are for March, so I still expect them to make it into the money, just paid too much for them when I bought. Oh well, it's all a gamble when it's just a game.
I'm there with you.
We'll see what happens.
For 18 months I watched and read the call for this stock to collapse on ZH. Weeks before it finally does, Not a word! By then I had switched off....another one bites the dust
Yeah, one thing I've realzied about ZH, is there is a lot of 20/20 hindsight going on.
You get what you pay for. By the way, who told you ZH provided forward-looking investment advice?
20/20 hindsight ? I thought Robocop was a goil ! A red head too....with carrot salad in front of her hind quarters ! Monedas 2011 Comedy Jihad Avatar Deception
By the way, who told you ZH provided forward-looking investment advice?
Ahhh... The Robot Trader guy? I think he loves NFLX, CROX, Krispy Kreme and Chipolte.
yeah, and you and the idiot cunt you replied to are the perfect example of what's wrong with zh: moronic fucks who talk shit and can't back it up. it's like you cheese dicks don't even actually read the blog, just throw out cut-and-paste "insults" to tyler et al.
fuck off and die, every single one of you.
You need to read the Comix once in a while ! Stop staring at all those charts ! Monedas 2011 Comedy Jihad Motherly Advice
d00da - keep taking those happy pills mate.. just drop 6 at a time and try the whole fuking box next time (your gob is big and fat enough to take it)
All that hindsight you refer to is Robotrader. In other words, stop just reading his comments on ZH.
Didn't buy into the BAC suggestion, I see- there's still a little time, but probably not much left in it. Could have nabbed the run from $5.50 to $7, though- not a bad ROI for a couple of weeks.
How about this one:
NYSE:RTN
They've got some huge orders for production of new product lines right now, and they look like paradigm shifters.
Zero Hedge is a financial news and information site, not an investment advisor. Making investment decisions based on information published on Zero Hedge, or any internet site for that matter, is more than unwise, it is folly...
Zero Hedge is not a broker-dealer, legal advisor, tax advisor, investment advisor, accounting advisor or children's party clown. (There seems to have been some confusion that these terms are interchangeable). Relying on Zero Hedge in such a capacity will result in regulatory entanglements, civil and criminal actions naming you as a defendant, severe tax liabilities and liens from the tax authority in your jurisdiction and the horror of lax accounting standards.
http://www.zerohedge.com/news/disclaimer
http://www.youtube.com/watch?v=Ls2bz6lCe1c
You forgot Midget Entertainment Specialist. That's why the SEC hasn't come calling yet.
Hey, I just noticed pecent wise I'm down on this post more than NFLX is after-hours. That's gotta be worth something, right?
ROTFL.
Is that so? Perhaps you should log in more often then:
Then again, we are more than aware that momo investors only pick and choose data that fits with their goal seeked version of reality. We assume you covered when Whitney Tilson did as well, yes?
way to drink his milkshake, TD! Belaroos is faced!!
Classic!
nnnnneeexxxtttt!!!
Apologies! Was off line for a while ,but I remember when this stock was mentioned everyday as the TRUE example of HOPIUM . I believe that before its recent slide about 4 weeks ago it was off topic for a while!? Correct me by all mean . I am here to learn .
there aren't many zeroHeads who can say:
"tyler strafed my ass with a burst of seven bullets"
congratulations, irish_link!
Not bad for a six-shooter.
the big money is made by the sittin' and the waitin' – not the thinking...wait until all the factors
are in your favor before making the trade
-Jesse Livermore
Wasn't referring to NFLX. You nailed NFLX when you said Tilson was oh-so very right to be short in the what 200 range?
So, good job. And great job overall providing massive and truly insightful information. I'm just talking about set-ups for future articles, for the just in case scenario, that might just conflict a little for the naive reader with countless articles over the Death of the EUR, for e.g, here:
Forget The NYSE Shorts, And Be Very Afraid Of The Resumption In Bearish EUR Sentiment (And Squeeze)See? This way, you get to be right no matter what? But it's great work. And again great f'ing job in all seriouness! Thank You!
in a post about Netflix you weren't referring to NFLX. oh, ok. Tyler isn't your fucking financial advisor.
Belarus,
You're starting to sound a wee bit like Herman Cain, with the "I didn't mean what I said" routine. Hint: It's not a sucessful strategy. :-).
Hey, stop being critical of a black man you "racist"--oh wait, Cain's a Republican, never mind.
CRUSHED
duplicate
double CRUSHED
kickass
Some of us do read your posts and many thanks too:
That's why I bought NFLX Oct 140 puts in mid-Sept and recently rolled them to Nov 120s. Ditto, GMCR, FSLR, OPEN, TZOO and SODA (mostly via bear put spreads-hey I'm not that greedy and fiat in a MM account isn't real anyway is it?). Have reloaded on all of these dogs for Nov-Dec expiry. The market moves up ~15% but these dogs continue to dive for the bottom. I have price target for TZOO of 0.0 and FSLR could very well reach LEH type valuations. (Yes, I was short C, LEH, MS etc. in 2008) When will they start trading Groupon-can hardly wait to short them-after all tzoo may be on the pink sheets by then.
All you bears (not talking to Robo here but many ZHer's appear to be somewhat skeptical types-though we love Ron Paul) don't forget to get your puts on AA, ANR, RSH, and TXN for the Dec-Jan "crash" period. Got mine today on the "rally". I believe both Robotrader and John Paulson may be selling these puts so they can get long in these names at a discount for next year's financial bloodbath and redemption-a-thon.
And might I add, be sure to send some of your fiat profits on my suggestions to Ron Paul.
Are you saying that 18 months advance notice is not good enough for you, you require a courteous warning a day before?
18 months would be a scary amount of time to hold a short. I am not that brave and am only too happy to admit it.
This is probably the first time I've opinioned on a stock price, but...
If you couldn't see this one coming, you're an idiot. Due diligence? The moment Netflix split the streaming/physical subscription model and then did insane moves such as having 50% of a series streaming, 50% only physical [and no.. not in order. e.g. The Wire, which went 1.2.4.6.7.8.10.11 streaming, the rest physical only] was the moment to start shorting. Did you miss the unholy fanbase outcries? Then removing the user reviews, the user referrals, changing the GUI and so on... ANY SANE INVESTOR COULD SEE THAT MANAGEMENT WERE SCREWING UP THE BASE. The base here of course works in a geeky / lazy fashion, and will run like stampeeding wilderbeasts over a change to 'their' beloved service, unless handled professionally. When did anyone forget that the user base were lazy, self-entitled assholes?
Hedge accordingly. What do you want? A signed letter from the CEO saying "HAHAHHAHAHAHAAA... oh fuck, we have to somehow claw back gains this quarter, and we're clueless how to do it, barring the old ways that ruin companies"? Did you even stop to look over the % coverage of the market that netflix had already obtained when it IPO'd? Hint: there's a reason Blockbuster et al were going bust at the same time they IPO'd.
Oh, and I stick by my comments on the original Groupon IPO not flying way back as well, and about linkedin. Just previewed the 'revamped' IPO pitch by the new Groupon guy.. not impressed. In fact, I'd say... you'd have to be insane to buy into that.
Looks like you drank one Guinness too many given your comment... get sober first than re-read ZH again in more detail next time.
you should ask for a refund...
We don't need no stinkin' revenue or profits, all we need is the european cdo - monoline insurer - bank recapitalisation vehicle - sovereign bail out vehicle - bond buying monster!!! It will make shit turn into gold and the neo-classical dream of eternal growth into reality starting NOW!!! And all the european sovereigns will surrender their powers to the faceless dictators in Brussels who will lead the people out of the dark into PROSPERITY!!!
This guy almost turned shit into gold.
http://www.huffingtonpost.com/2011/10/21/paul-moran-tries-to-turn-feces-...
I think he works for Trichet . . .
ROFLOL! He certainly works for the old fool.
And Reed Hastings is still unloading his shares to retarded longs every week...
Soverigns! What demented archaic world are you living in.? We are EUROPEANS n'est ce pas?
When does the FED report it's results?
I mean, it must of spent $billions buying up Netflixs and other stocks over the past 3 years...
... and the FED must be due to report huge losses on these purchases, right?
Can I stream those results to my TV or do I have to mail for them?
Awww, no digg at gReed Hastings weekly programmed stock sell?
This was Robotraders ALL TIME HALL OF FAME FAVs just a few months ago.
He was hound doggin' this stock
He now claims he was touting to seek public sentiment on it and other IBD wonders.
He's a Le heu seur
NFLX is so greater fooled. On to the next Ponzi!!!
LULU
Spandex pants for the hoy poloy
I'm a fitness feak, but wouldn't date a girl who wears LULU.
As a girl, would be embarrassed to wear it.
Hopefully he spares us the cheesy mea culpa letter this time.
and how about this hitting the wires today:
SEC Fines 'Dark Pool' in Undisclosed-Trading Case By JACOB BUNGEU.S. regulators fined the operator of a so-called dark-pool trading platform Monday for allegedly running a secret affiliate business that traded against the "vast majority" of customers' stock orders and operated with unfair advantages.
Pipeline Trading Systems LLC and two executives agreed to pay $1.2 million in fines to settle charges that the firm withheld the fact that nearly all of clients' share deals on the company's private electronic markets were facilitated by a Pipeline-owned entity, according to Securities and Exchange Commission officials.
The case is the SEC's first enforcement action involving dark pools—private markets where large blocks of stock are bought and sold anonymously—and stems from a deeper SEC probe into abuses in private share dealing, according to regulators.
Dark pools are electronic markets set up for financial institutions like mutual funds and pension plans to avoid alerting the broader market to a big stock trade. If faster-moving traders discover that a major purchase is in the works, they can move the market against the institution and raise the price, making the deal more expensive.
According to the SEC, New York-based Pipeline enlisted traders of its own to make its platform look more attractive to institutional clientele—but kept the arrangement hidden from customers, who believed they were doing business with other institutions.
A complaint from the SEC on Monday said that clients of Pipeline's private market nearly all the time wound up trading with an entity called Milstream Strategy Group LLC, an affiliate of Pipeline.
Milstream, according to regulators, tried to predict what shares Pipeline's customers might buy or sell, and made similar trades on other markets before filling orders on the Pipeline platform.
The firm also traded with an edge over other participants on the market, the SEC charged, getting access to system operations and data connections that helped the entity track activity. The Milstream relationship also left confidential customer information unprotected, according to the SEC.
Institutions doing business on the platform weren't aware of any of this, the SEC said.
The set-up created a conflict of interest, according to the SEC, although traders working for Milstream were paid using a formula that rewarded them for offering favorable prices to Pipeline's customers.
"Judging from what's in the SEC allegations, this was a grave violation of customer confidence and trust," said Justin Schack, managing director of market structure analysis for Rosenblatt Securities Inc., which researches dark pool trading.
Pipeline agreed to pay a $1 million fine to settle the matter without admitting or denying the findings. Pipeline Chief Executive Fred Federspiel and Chairman Alfred Berkeley each agreed to pay fines of $100,000, also without admitting or denying the findings.
In a statement, a Pipeline spokesman said the firm was "pleased" to resolve the matter.
"The agreement will enable us to continue to provide our customers with the excellent trade execution quality and access to sources of liquidity which they have come to trust over the years," he said.
The matter is the second big action by the SEC in recent weeks to police U.S. stock markets, where dealing is nearly all electronic and fractured across dozens of exchanges, private markets and banks.
The SEC on Oct. 13 sanctioned New Jersey-based exchange company Direct Edge for two breaches of protocol in the last year, including one software misstep that left customer firms holding millions of shares' worth of unwanted positions.
The Pipeline case is the first major action taken by the SEC against a dark-pool platform and emerged from broader efforts by regulators to scrutinize off-exchange share dealing, which accounted for 28.6% of all trading through the first half of October, according to data from Raymond James Financial.
"As dark pools have become the medium for execution of a steadily increasing volume of security trades, we have sought to step up our scrutiny of the market and its participants through both examination and enforcement probes," said George Canellos, director of the SEC's New York regional office, in an interview.
Regulators continue to consider stricter rules for off-exchange trading in shares, which could require dark pools and other alternative trading platforms to provide better prices to customers, among other ideas under discussion.
Pipeline is a relatively small player among the private markets that compete with U.S. exchanges for stock trade. Rosenblatt Securities estimated that in September an average 3.1 million shares traded per day on Pipeline's systems, down 59% from September 2010.
Credit Suisse runs the busiest such venue, where 158 million shares traded last month, according to Rosenblatt figures.
—Jean Eaglesham and Brendan Conway contributed to this article.
Occupy Wall Street is headed for their offices...
LOL!!!!!!!!!!!!!!
What else is there to say?
Robot trader is too busy trying to suck his own dick. I personally think that he'll break his back before he tastes his precum. Poor fucker.
Sounds like you are an old master of the art. Now many tattoos do you have meathead?
I have come to the conclusion that anything one does not need to sustain a rreasonable quality of existance will eventually suscumb to Netflix ' fate. Only exception is anything to do with expenditure on our children . Ambercrombie will have good results and True religion. All gaming will do well for Xmas also,. Does anyone know what the new hot TOY will be?
Yes.
http://www.youtube.com/watch?v=eXO_ApjKPaI
http://www.youtube.com/watch?v=VyOtIsnG71U
I just finished my 30 day free trial of Netflix and love it ! Cheers, Alfred Hitchcock Presents, Twilight Zone, Rockford Files, Columbo, Paladin....of course; I've been living in my Coastal Cave on Lookout Point for 20 years ! ZH,TF, Netflix and my thermos are all I got to look forward to ! Monedas 2011 Well maybe spending the stash some day ?
....And this is why Cramer never wants to explain why he's REALLY not running a hedge fund anymore......
Why run a hedge fund when one can get suckers to subscribe to Action Alert PLUS.
I'm sure he is pimping for a hedge fund (or two) though.
Time to tee-up Chipotle and Green Mountain Coffee for the sandtraps and water hazards?
Other possible candidates: SodaStream and IBM.
Cramer will tell you to buy more.
I remember when zerohedge was laughing at near $300 NFLX. Not so long ago.
There goes EU's plan #8593 to collateralize EFSF with NFLX shares.
Next on the block:
LNKD, AWAY, LULU, CRM
CMG and GMCR eventually but I think those 4 are imminent. Alternately, FriendFinder Networks (AdultFriendFinder's parent) FFN is looking pretty cheap. Time to go long swingers??
LNKD is bubblicious!
Dis: Short LNKD
Netflix gets the netshits. I tink it might go back to 25 were it belonged. But priceline will go as high as gold???? Glad banks hold better value than this.
<-- CRASH WEDNESDAY
<-- NEW & IMPROVED HOPIUM-CRACK FLAVOR KOOL-AID RELEASED WEDNESDAY
Vote Biyatchez!
And stay away from etherware companies like NetFux, unless you are SHORTING!
Piss Poor Management.
Incredibly, Sunday night prime time NetFlix was "down for maintenance"...another example of how management is out of touch:
LMAO
http://finance.yahoo.com/q/ta?s=NFLX&t=6m&l=on&z=l&q=l&p=&a=&c=
So who bought this Dog when it was 300?
Yoohoo lists Morgue Stanley as the largest holder:
http://finance.yahoo.com/q/mh?s=NFLX+Major+Holders
Same folks who bought physical for $2000.00/oz
"The same folks who paid $500k for a $100k shack" is what you meant to say....
I love it when a plan comes together.
Bankruptcy in sight. Officers and major stockholders just got paid an average of $218 per share. Pretty good compensation for being the first rats to leave a sinking ship.
too funny!!
I'm going to try and channel Robo here:
Is NFLX a "Risk Asset" or not?
Hilarious how I'm constantly "dissed" about my comments on the relationship of NFLX vs. "Precious Metals".
Heh, all of the so-called "Experts" featured on Yahoo Message Boards and jsmineset have been dead wrong about this correlation.
But I don't think NFLX has any chance whatsoever of crashing as long as stocks continue getting ramped up.
A good economy means more NFLX buying.
Funny how so many guys here still don't get it.
i'm struggling with my junk reflex, fuu
Just relax and do what feels good.
You two are hilarous.
This is just more Blogosphere ramblings..
We need Regulation of these cold hard facts being served up for the masses too see!
ALL this Blogosphere TRUTH cant be good for the lying sacks of shit trying to hustle a buck out or grandma!
BURN IT ALL DOWN!
SYSTEMIC CORRUPTION NEEDS TO BE DONE AWAY WITH!
How is Netflix corrupt? Florida is the greaseball state. Florida should be bulldozed and that should pretty much clean up the country. Jerk.
Or at least remove half the fucking opiates and thc's from the ground water. When florida psises the whole world gets stoned.
It's always puzzled me that Kramer can stay on for so longer. I question about the callers of the shows. I think they are paid callers. Whoever follows him should be able to tell his questionable characters and his horrific track of stock picks. His show can't be real.
Looks like someone just took the red pill.
his program is bundled (probably) with the CNBC package, you buy Maria you have to take Cramer. for all the bold futuristic talk about on demand cable system we are still stuck with this kind of packaging that was common in autos years ago, "but I don't want the chrome ass warmer," "gee they all have it, but okay we'll throw that in, if you take our financing.."
Poor Netflix. What have they done to earn all this wrath here? You people are evil trolls.