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Pacific Crest says Netflix (NFLX +2.3%) content cost growth should slow significantly in 2013....

Pacific Crest says Netflix (NFLX +2.3%) content cost growth should slow significantly in 2013. The firm believes that most of its competitors won't push content acquisition costs higher, but still sees risk in its subscriber acquisition outlook. It maintains its Sector Perform rating.
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  • Ryandan
    , contributor
    Comments (1267) | Send Message
     
    Which is another way of saying we're up to our butts in this stock and we sure as heck don't want to see anymore sell offs. As for the content costs, Netflix is so far behind paying those costs it doesn't matter is they slow, they can't pay what they bought. Thank heavens that's all in their last financial report. Can't wait for their next Q report. You'll see eraser marks all over it.
    2 Mar 2012, 10:22 AM Reply Like
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