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Technology Stocks : Netflix (NFLX) and the Streaming Wars -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (578)9/20/2011 9:10:15 PM
From: Rarebird  Respond to of 2280
 
Let's call a spade a spade here and get real. Netflix handled the situation horribly because of the price increase. If one is long the stock here too bad. That's one of the risks being long a greedy company. .

If Netflix wants to do the right thing here, they should reinstate the old pricing structure. If not, they will continue to pay the price in this economy.

It is all about dollars and cents here. That's where the primary allegiance to Netflix was. Netflix was very stupid and did not realize that.