Is The SEC Investigating Netflix?

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Wed, 12/14/2011 - 09:57 | 1978249 sabra1
sabra1's picture

hey RobotTr.... i mean dad! i'm first again!!!

is there anyone out there, who is not a crook? well, i'm waiting!

Wed, 12/14/2011 - 11:16 | 1978601 CPL
CPL's picture

Break one law at a time and you'll do fine.

Wed, 12/14/2011 - 11:26 | 1978682 UGrev
UGrev's picture

Consequences dictate, our course of action; and it doesn't matter if it's right, it only matters if you get caught. 

1000 bonus points for those who know the source of that quote.

Wed, 12/14/2011 - 14:19 | 1979547 TruthInSunshine
TruthInSunshine's picture

I'm late to the NFLX diss-fest, but how desperate is Netflix?

If you open an account with them, as in a free trial for a month, they'll give you 15 free ebay bucks.

Bullish! /sarc/

Wed, 12/14/2011 - 14:30 | 1979609 PrintingPress
PrintingPress's picture

Maynard James Keenan ;)

Wed, 12/14/2011 - 22:22 | 1981687 UGrev
UGrev's picture

1000 points! non-redeemable.. pretty much like zimbabwe dollars. Kudo's to another MJK fan :)

Wed, 12/14/2011 - 09:56 | 1978251 Josh Randall
Josh Randall's picture

SEC is a better football conference than regulatory board...

Wed, 12/14/2011 - 09:56 | 1978252 LawsofPhysics
LawsofPhysics's picture

Wait what?  Why isn't the SEC investigating every large bank and brokerage house?

Wed, 12/14/2011 - 09:59 | 1978256 sabra1
sabra1's picture

'cause if they don't know where the money is, there is no evidence!!!

Wed, 12/14/2011 - 10:10 | 1978282 Ruffcut
Ruffcut's picture

They are investigating whether netshits might start dialing in some porn. Higher resolution is desired.

Wed, 12/14/2011 - 13:03 | 1979180 NotApplicable
NotApplicable's picture

And trannys. Need more of them, I hear.

Wed, 12/14/2011 - 10:38 | 1978387 jackinrichmond
jackinrichmond's picture

the sec could have a staff of one million and still not be able to investigate all the corruption...   like the TVIX, what a p.o.s. that is..   

Wed, 12/14/2011 - 09:59 | 1978255 AngryGerman
AngryGerman's picture

"After all why pax X today for a company that is cash flow negative when you can pay 50% of X in 6 months?" - or 0% of X in 9 months?

After all why would you pay anything for a company with negative cashflow?

Wed, 12/14/2011 - 10:11 | 1978289 firstdivision
firstdivision's picture

Ask any M&A analyst and he'll spin it faster than Harry Wanger can spin economic data prints.

Wed, 12/14/2011 - 10:13 | 1978292 AngryGerman
AngryGerman's picture

oh thank you, i will call my resident investment bank and ask for their expert advice.

m&a analyst, please...

Wed, 12/14/2011 - 10:00 | 1978257 tmosley
tmosley's picture

Robo gets taken home in a body bag again.

Wed, 12/14/2011 - 11:06 | 1978542 Potemkin Villag...
Potemkin Village Idiot's picture

"STAYcation"'s all (s)he ever wanted...

Wed, 12/14/2011 - 10:01 | 1978262 Hansel
Hansel's picture

Netflix is not a 'zero barrier to entry' company.  Blogs on the other hand...

Wed, 12/14/2011 - 10:06 | 1978275 High_Pockets
High_Pockets's picture

Did Netflix forget to make a DNC payment (cough) contribution, gotta grease the camapaigner in cheif!

Wed, 12/14/2011 - 10:19 | 1978291 SheepDog-One
SheepDog-One's picture

Obama may just be forced to do a Berlusconi, rather than this assumption of all-out support for The Dork in Chief. Lets face it, no one likes him, the markets suck, the banks are flailing, everyones pissed...things arent going well at all, whats the positive to having Obama around, really? If anything, his usefullness has long since expired.

Wed, 12/14/2011 - 10:42 | 1978399 Dr. Engali
Dr. Engali's picture

Well he is good at expanding the war effort. I'm sure the military industrial complex loves him. And it is fun to watch him beg for our drones back.

Wed, 12/14/2011 - 10:56 | 1978480 High_Pockets
High_Pockets's picture

fun or embarassing?

Wed, 12/14/2011 - 10:59 | 1978494 Dr. Engali
Dr. Engali's picture

That too.

Wed, 12/14/2011 - 10:06 | 1978277 williambanzai7
williambanzai7's picture

I hope they find the DVDs my parents have been waiting for for months.

Wed, 12/14/2011 - 10:09 | 1978278 Cognitive Dissonance
Cognitive Dissonance's picture

Netliz so reminds me of the good old days. You know, the bubble of 1996-2000 when everyone, including several mainstream compaines, added .com to their corporate name in a mad rush to be hip and cool?

Ahhhhhhhh, the good old days when all was right in the world.

Wed, 12/14/2011 - 10:13 | 1978293 firstdivision
firstdivision's picture

Netflix reminds you of the dotcom bubble, what about Facebook, Yelp, Groupon, etc.  At least Netflix had a tangible product of sorts.  The rest make me think bubble. 

Wed, 12/14/2011 - 11:30 | 1978711 UGrev
UGrev's picture

Group(or)n.. that company takes the cake at "nothing tangible". Facebook has people. It's a giant people farm for ad companies. 

Wed, 12/14/2011 - 11:43 | 1978790 I Got Worms
I Got Worms's picture

I love me some Netflix. I don't own any stock in Netflix (or any other company for that matter) but I think at 16$ a month, their service is a hell of a deal. I use the streaming video (w/ an Apple TV) to watch TV shows and documentaries, and the movie rental for new releases. There is no way I'm going to stand in line in a McDonalds parking lot to get a Redbox movie, or rub elbows with the masses at a Blockbuster (shudder). Even with the price hike and my limited budget, I think Netflix is still a good deal these day. Don't trade, so could care less about the stock price.

Wed, 12/14/2011 - 10:09 | 1978281 george1982
george1982's picture

so companys have plenty of excess cash!!, why dont governments (through G20 framework) legislate LAWS forcing them to invest capital (large amounts) on large scale green energy investments. it would stimulate the economy and help to slow the global catstrophe which is underway and which everyone seems to have forgotten, or am i missing something?. our politicians should be sacked for incompitence and locked up guilty of neglect for our ONLY planet.

Wed, 12/14/2011 - 10:15 | 1978301 SheepDog-One
SheepDog-One's picture

Um, well yea youre missing something, if your post is actually serious, and youve then apparently been in a cave for 3 years. The Govt HAS been pumping billions into 'green energy' companies, and theyve all gone bankrupt, and decidedly have NOT helped the economy at all we're more broke than ever.

Wed, 12/14/2011 - 10:19 | 1978312 george1982
george1982's picture

well theres many ways to skin a cat and frankly i think its not being done correctly

Wed, 12/14/2011 - 10:21 | 1978325 george1982
george1982's picture

bernanke and co arent skinnin the cat properly!!!


Wed, 12/14/2011 - 10:21 | 1978326 SheepDog-One
SheepDog-One's picture

Well go talk to guys like RoboTrader and Leo K....theyre 2 BIG 'green energy' guys...yes see how theyre doing. You guys can get together and do it right.

Wed, 12/14/2011 - 10:33 | 1978371 george1982
george1982's picture

it needs to be law enforced on the private sector, not a public sector initiative

Wed, 12/14/2011 - 10:37 | 1978380 SheepDog-One
SheepDog-One's picture

OH I see, the economy and 'green energy' need to be a 'law enforcement issue'...oh ok.

Wed, 12/14/2011 - 10:38 | 1978392 george1982
george1982's picture

well arent catalytic converters????

Wed, 12/14/2011 - 10:38 | 1978386 WonderDawg
WonderDawg's picture

Yes, that's what we need, laws telling us what we must do with our cash. Sounds great. Sounds like freedom.

Wed, 12/14/2011 - 10:23 | 1978333 nincompoop
nincompoop's picture

The problem seems to be, there is no cat to skin.

Wed, 12/14/2011 - 10:20 | 1978318 Vergeltung
Vergeltung's picture

exquisitely stupid!!

Wed, 12/14/2011 - 10:32 | 1978368 fuu
fuu's picture

"legislate LAWS forcing them to invest capital"

<backs away slowly>

Wed, 12/14/2011 - 10:34 | 1978375 jcaz
jcaz's picture

Wow.... Actually, you're missing so much, it's difficult to know where to begin...

Clearly, you're on the wrong site.....

"incompitence"...... Priceless....

Go with God, Greenpeace....

Wed, 12/14/2011 - 10:49 | 1978442 george1982
george1982's picture

i take it on your horizon is only $s you dont have children!!


Wed, 12/14/2011 - 11:06 | 1978544 jcaz
jcaz's picture

Is that English?

Wed, 12/14/2011 - 10:35 | 1978377 Dr. Engali
Dr. Engali's picture

You forgot to turn off your sarc button.

Wed, 12/14/2011 - 10:10 | 1978283 lizzy36
lizzy36's picture

I want an Anti-Tilson ETF for Christmas. Only an Anti-Tilson ETF will do.

Wed, 12/14/2011 - 19:24 | 1980969 StychoKiller
StychoKiller's picture

I've seen it all now -- Hippo pr0n!

Wed, 12/14/2011 - 10:32 | 1978366 realitybiter
realitybiter's picture

Do you think it might have been imprudent for the CEO to demand folks buy the stock a year ago at $180 and then went on to list all the reasons why?   Coinciding with managements selling of the stock?

Right or wrong, that was just dumb.


BTW, I hate NFLX, shorted the bejeezus out of it, but now think it is one of those shorts that could keep you up at night as the rumor mill sends all shorts running....only to be right it claims its true value, zero.

It is chasing blockbuster and hollywood video into the dumpster of the "history of video distribution".  itunes like pay per view is the only model that works.  If subscription worked Amazon would be a library.....but they make you buy the books you want to read because writers like getting paid for their work.....if anything, making movies is much more expensive than making books...

Wed, 12/14/2011 - 10:37 | 1978384 MFL8240
MFL8240's picture

How about a proper investigation of Goldman Sachs and JP Morgan?

Wed, 12/14/2011 - 10:45 | 1978421 lbrecken
lbrecken's picture

WAKE up i sounded the warning bell months ago there to look into accounting gimmicks

Wed, 12/14/2011 - 12:02 | 1978896 warezdog
warezdog's picture

Netflix will eventually follow Blockbuster and Hollywood but it still has more life left than the other two put together.

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