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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: rllee who wrote (40386)12/3/2010 12:46:21 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78753
 
OT - NFLX

NFLX is already raising the price for DVD+streaming plan by $2. This is probably going to be accepted by most viewers. The real question is whether they will have to raise price even more and what's the breaking point. I'm fine with paying $9-10 for 1DVD+streaming. I think I'd pay $15 if they charged that - don't tell them ;) - but would everyone else? Right now, I wouldn't want to have just DVDs or just streaming. 1DVD plan is too slow, streaming is too limited. However, it might be that just streaming will become viable in couple years.

IMHO, NFLX as investment is hugely overpriced. I do not short stocks though and I would not suggest shorting NFLX as long as it's a leader. It could go very high on momentum.



To: rllee who wrote (40386)12/3/2010 1:49:30 PM
From: Mr.Gogo  Respond to of 78753
 
Good news, bad news... 70 P/E is obscene valuation. I tried shorting 50 shares yesterday, but got stopped. So, today I bought one Put contract, strike 190 exp. March 18, 2011 the price I payed was 22,16 per share.
The cfo sold 20 million worth of stock. Maybe he needs it to buy thingies, you never know.

good Luck, Georgi