Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. otc

    otc Senior member

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    wtf is happening to netflix?

    Starting to be less happy about buying at 83...
     
  2. stevent

    stevent Senior member

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    It's almost at my $75 I'll buy point

    Only thing good today is LULU
     
  3. CYstyle

    CYstyle Senior member

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    hm i'm up 5% on that bac short position i took. cash out now? or wait for a little more?
     
  4. Dbear

    Dbear Senior member

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    ^ I don't know, but personally thinking of taking a positing in it now that it reached the 7s.
     
  5. stevent

    stevent Senior member

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    I'd get out 5% isn't bad
     
  6. idfnl

    idfnl Senior member

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    Netflix is under huge pressure, the big media companies are all going to roll out content via established services, it will be massive competition. This is getting priced in now for future slowdown in growth.




    +1

    BAC gets derided alot but the stock continues to be pretty strong.
     
  7. javyn

    javyn Senior member

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    There's still something Nflix has though going for them....7.99/mo price tag, and big time penetration on every platform you can think of.
     
  8. idfnl

    idfnl Senior member

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    So what happens when Verizon cable, which has a huge footprint, offers it for 2.99?
     
  9. javyn

    javyn Senior member

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    Do you think their catalog would be as extensive as Netflix's for that price? Just asking, I don't know. Not trying to argue, I have no position in that stock.
     
    Last edited: May 3, 2012
  10. otc

    otc Senior member

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    They won't

    or they will but only for current subscribers (see that BS that hulu is engaging in) and since a lot of people are looking to streaming services as an alternative to the outdated cable model...that can't compete too well.
     
  11. javyn

    javyn Senior member

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    Kinda seeing it your way otc. I stream to avoid having cable. I love it. If they think giving me a streaming option for a small charge on top of an already bloated expensive package where 90% of the channels I don't want is going to convince me, think again.
     
    Last edited: May 3, 2012
  12. idfnl

    idfnl Senior member

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    What about sports? Are you going to watch movies every day? If the answer is yes, then you are the exception.
     
  13. linds_15

    linds_15 Senior member

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    the one reason i havent given up cable, watch too much basketball and football
     
  14. stevent

    stevent Senior member

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    Depends where you are though. I have to stream all my sports online since local sports don't show the teams I support
     
  15. otc

    otc Senior member

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    Yeah...the only sports I actually have an interest in aren't really televised anyways (although there are various ways you can watch online for $$ or free). And when I do watch football or something, its at someone else's place or a bar.

    Remember, the sports arena is not tied to the cable companies like the other content sources are. When they see that they can make money offering things like an ipad app or a custom streaming website, they just go ahead and do it--the cable company can't boss them around.
     

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