Talking stocks, trading, and investing in general

[otc]

wtf is happening to netflix?

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

 

[stevent]



wtf is happening to netflix?
Starting to be less happy about buying at 83...

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

Only thing good today is LULU

 

[CYstyle]

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

 

[Dbear]

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

 

[stevent]



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

I'd get out 5% isn't bad

 

[idfnl]



wtf is happening to netflix?
Starting to be less happy about buying at 83...

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.

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

I'd get out 5% isn't bad

+1

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

 

[javyn]

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.

 

[idfnl]



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.

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

 

[javyn]

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.

 

[otc]



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

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that BS that hulu is engaging in) and since a lot of people are looking to streaming services as an alternative to the outdated cable model...that can't compete too well.

 

[javyn]

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.

 

[idfnl]



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.

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

 

[linds_15]



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

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

 

[stevent]



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

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

 

[otc]



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

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.