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Re: techmover post# 1611

Wednesday, 03/07/2012 4:22:50 PM

Wednesday, March 07, 2012 4:22:50 PM

Post# of 9289
All of these free services along with newer superior services will cost Netflix to lose subscriptions very quickly. With a P/E of 25, the slightest loss of subscriber growth and income will bring the share price down significantly, as well as the P/E along with it. I won't be surprised to see NFLX back down to the $60's again as it was a few months ago. Longs be very careful, set your stops, or get out now. If it breaks $100 again is going to tank very quickly. Shorts, well... Enjoy, again.
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