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09-19-2011, 01:36 PM #21
^ Could you post the blog or send it over via PM?
09-19-2011, 01:46 PM #22
Yeah I will try and grab it for you all when I hop off a call I'm on!
09-19-2011, 01:57 PM #23
09-19-2011, 02:27 PM #24
$100 here we comeEast bound and down, loaded up and truckin',
we're gonna do what they say can't be done.
09-19-2011, 03:13 PM #25
I am not sure it is $100 but I think it is headed lower now. I believe that this is a huge tell from Netflix and shows they have little faith in the continued success of the DVD side of the business. This move might make it easier for them to liquidate and ascribe a value to this business line in the future. But overall I think this is a foreshadowing to the end of NFLX as we know it.
09-20-2011, 02:48 PM #26
Another interesting piece on NFLX today on SeekingAlpha...
I am the first to admit when I am wrong on a call and take my lumps and bruises...and boy, was I wrong on this call... There is more to this story than initially meets the eye.
09-20-2011, 04:16 PM #27
Wiping out 12 months of gains in 2 months......while make over $9.7 in stock sales alone, add his salary and Reed made out. "Pay for performance?!?!" Freakn ridiculous! If it wasnt for my Apple I would be really pissed off. In a climate where perception is everything how could they be so stupid. "Apologizing" on a blog Sunday night?
They tried to do too much to soon. They should have secured content deals before raising prices.
Personally I think he should have said they were going to "grand father" users who have been with them for a year or more with original pricing for a year till they can secure content deals and then raise prices rather than say he fucked up then tell people oh yeah we are now spinning off DVD division and you need to maintain two accounts........"When I raced a car last it was at a time when sex was safe and racing was dangerous. Now, it's the other way round." - Hans Stuck
My FB page: Carfanatix
09-21-2011, 06:20 PM #28
09-21-2011, 09:38 PM #29
CNBC keeps talking about them almost every hour.........freakn give it a rest already. Talk about influencing perception. Hell yesterday it was announced the Chipotle opened their ONE and only test store for Asian food......it boosted market cap by $1 Billion........"When I raced a car last it was at a time when sex was safe and racing was dangerous. Now, it's the other way round." - Hans Stuck
My FB page: Carfanatix
09-21-2011, 09:52 PM #30
NFLX wasnt for me.I got into FORD for 1000. New products coming in 12 months, plus in 24 months the 50th anniversary Mustang..I have ran out of room for watches, Im now going to collect cars...
1990 T-Bird Supercopue 480 hp-sold
1995 Mustang GT 450 hp -sold
1998 Mustang Cobra Convert. 500 hp. (For Sale)
2011 Mustang GT Coupe 415 hp ( for now) Still mine.