- Jul 21, 2011
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Fb ahead of earnings
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Cant tell if market are simply stupid, and really expect new subscriptions to contract as much as guided, or if this is just setting up room for a run. Great buying op right now for someone with extra cash lying around, IMO.
Smashed expectations, except revenue (which was ******* in line), and traders lose their **** because Hastings says there will be less growth than originally expected? No **** lower growth is expected after NFLX adds half a million more customers than this quarter expected. But it won't drop to 2MM new customers after adding more than that this Q alone.
The thing that I'm harping on, is that NFLX is undershooting guidance a la Apple, and then going to easily beat next earnings. We've seen this before. Netflix aint slowing down any time soon. Analysts might have had lofty expectations at 3.5 million new customers for this Q, but it's clear that 2 million is too low. They'll smash that with their worldwide expansion.Well with these sky high PE stocks, growth is #1. If that comes into question, then down she goes, regardless of any other statistic.
Yes, they just recently announced a price increase prior to last quarter end, so expect a revenue jump next quarter.Im new to this, so you guys think NFLX as of now is a buy since its low?
Yes, they just recently announced a price increase prior to last quarter end, so expect a revenue jump next quarter.
Do your research beyond a couple brands within the company. Curry can only take them so far. I wouldn't personally invest based on a couple big names having great seasons. Someone like UA, I'd need to dig deep into financials and look into industry forecasts before even thinking about investing.Bought 25 shares of UA when it was at 68. Now sitting right at 47, after the split. Thinking about doubling up on them Monday. They making moves. Curry spieth looking great. I mean cal basketball... Good idea or is my thinking faulty
$91.97 is low?Im new to this, so you guys think NFLX as of now is a buy since its low?
Im new to this, so you guys think NFLX as of now is a buy since its low?
$91.97 is low?