Netflix Inc (NFLX)

[ospreyeye]

NFLX is a gift at this level......should be a big 2012 gainer.....checkout options for more bang for the buck......this is a great trading stock, but I'm recommending it as a long term hold for 2012......easy money......great speculative play for the IRA or 401K.....will probably see some end of yr tax loss selling pressure, but I'm looking for a nice pop back to 80+ level in Jan.......also, looking for NFLX to get back to the 120+ range......should be a double w/ the right entry point......global expansion & elimination of the costly DVD business, combined w/ returning customers could turn NFLX into a major winner..........all just guesses, but I like the odds here.....the bears say the 350M in cash they hold isn't enough to cover the cost of contracts being renewed & new contracts w/ studios needed to increase their library........I think the CEO is smarter than people think and some major surprises are in store for 2012......keep an EYE on NFLX this year......a lot of people will be wishing they did$$$