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Netflix Stock Down 75 % From Its July Peak

rhonda

rhonda

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SDKath

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Yeah, they deserve it thanks to the p*ss poor leadership and some really poor decision-making this year.

I'll be curious to see if they regain the confidence of their customers...

Katherine
 
tompalm

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Fisch said:
Crazy sell off, considering revenue rose $33 million from last quarter.
Click to expand...

The problem is that they have plans to expand into Europe next year and a lot of expenses. After all the expenses, and if the loss of customers doesn't stabilize, they will loose money next year. They are still loosing customers and not gaining customers like before.

If it wasn't so sad, I would say "lets name that price in one month". It is hard to say if it will go lower or higher.
 
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Jolie11

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Oh, bad news, I really like to stream videos to my iPad with it.
 
bogey21

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Netflix will be another Blockbuster in 5 years. Owners of content will make it unprofitable for the middleman or make it massively unprofitable for them. If you own stock in Netflix, pick your spot and sell.

George
 
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geekette

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bogey21 said:
Netflix will be another Blockbuster in 5 years. Owners of content will make it unprofitable for the middleman or make it massively unprofitable for them. If you own stock in Netflix, pick your spot and sell.

George
Click to expand...

I agree. I do not have a good longterm outlook for this company.

won't guess the price in a month, but I believe it will be lower in a year. and not recover.
 
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