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No mercy is shown to Netflix (NFLX -21.5%) after the company's Q2 DVD sub losses exceed its...

No mercy is shown to Netflix (NFLX -21.5%) after the company's Q2 DVD sub losses exceed its domestic streaming gains, and its guidance for a 1M-1.8M Q3 increase in domestic streaming subs makes full-year guidance for 7M adds look dubious. Netflix's guidance for another 600K-900K DVD subscriber losses was also uninspiring. Nonetheless, the company says it's driven to expand into continental Europe, even if it wipes out near-term profits. (transcript)
Comments (5)
  • Gary Jakacky
    , contributor
    Comments (2727) | Send Message
     
    DIE. Netflix, DIE! If your service is as obnoxious as your pop up ads, the sooner ya die the better. Maybe you and AONE can merge!
    25 Jul 2012, 10:42 AM Reply Like
  • smartoptiontrader
    , contributor
    Comments (24) | Send Message
     
    NFLX broke its 52wk low today, and the fundamental and momentum indicate that it is continuing to go down for next few days. Not too late to take short positions including buying its PUT.
    25 Jul 2012, 12:32 PM Reply Like
  • smartoptiontrader
    , contributor
    Comments (24) | Send Message
     
    Some easy money to be made here: NFLX keeps creating and breaking new 52wk lows today, and its fundamentals and momentum indicate that it is continuing to go down for next few days. Not too late to take short positions including buying its PUT. Current price $59.72.
    25 Jul 2012, 01:03 PM Reply Like
  • SmartStops
    , contributor
    Comments (165) | Send Message
     
    This is why Risk Management and Protection are a must in every investor and trader's arsenal. SmartStops triggered its short-term protection for Netflix at $74.13 at 9:32AM. NFLX closes at $60.28 today, 7/25/12.
    25 Jul 2012, 06:46 PM Reply Like
  • smartoptiontrader
    , contributor
    Comments (24) | Send Message
     
    Getting ready for another down day for NFLX. If did not open any short positions yesterday and the day before yesterday, today still offers good opportunity for just that. DISCLOSURE: I own NFLX PUT.
    26 Jul 2012, 09:00 AM Reply Like
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