- Jul 7, 2011
- 7,728
- 3,808
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.
Came in here to post this.
NFLX is looking like REAL interesting at these levels, especially after what they reported today.
They're gonna smash guidance and rising fees will bring revenue up with it.
They have a really strong suite of original content that is cementing their brand even in the face of comp from Amazon.
After the volatility settles down over the next couple of days, this could go back to being an ATM for those that follow it's charts and momentum daily.
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High flyers gon' high fly.
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