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More on Netflix (NFLX +1.3%): Nomura's Michael Nathanson provides some bullish commentary,...
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Monday, February 6, 2012, 1:05 PM ETMore on Netflix (NFLX +1.3%): Nomura's Michael Nathanson provides some bullish commentary, arguing industry-wide spending on online streaming rights will slow as upstarts such as Amazon find it difficult to justify purchasing "a 'me too' set of content rights" to without having a streaming revenue base that justifies it. Perhaps, but Amazon has been quite willing to absorb losses in other areas. (earlier)
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Works until it doesn't. $130 for NFLX by tomorrow most likely.