Seeking Alpha
  • J Mintzmyer
    NFLX article-- in the pipeline for the last 90 minutes or so.
    10/23/12
    Reply (9)
    • TruffelPig: Buying opportunity coming up? 15% down AH. Earnings were not that bad actually.
      10/23/12
    • J Mintzmyer: Based on NFLX's patterns I'd suggest staying clear for a few weeks then buying in for the run-up to Q1. Not my cup of tea though...
      10/23/12
    • J Mintzmyer: Earnings weren't bad, but NFLX is doomed with their liquidity trap long-term.
      10/23/12
    • TruffelPig: With liquidity trap you mean they need to expand and can only do so by using their earnings?
      10/23/12
    • joemarolla23: Many more will continue to short nflx tomorrow .
      10/23/12
    • J Mintzmyer: Massive liabilities will eventually lead to more debt+equity. No money for more content= less subs. Hastings said virtuous cycle? Try vile.
      10/23/12
    • J Mintzmyer: Hastings had a point, but he overspent on content-- proj. $1B qtr for Q4-11 remember? If NFLX got $1B qtr then w. growth they'd be fine now.
      10/23/12
    • TruffelPig: If Hastings is not a genius NFLX will eventually go down. But he just might be one.
      10/23/12
    • J Mintzmyer: Guessing some misguided internal projections had them at 50M global subs by now. Most of these toxic content deals were made in the heyday.
      10/23/12