Seeking Alpha

kennetj

kennetj
Send Message
View as an RSS Feed
View kennetj's Comments BY TICKER:
Latest  |  Highest rated
  • Netflix: Fair Value $128/Share, 67% Downside - Primed To Plunge [View article]
    At last! I'm so glad someone has finally come along with a "sell" since my first purchase of NFLX at 18 back in 2006. I remember no nay-sayers around as NFLX touched 304 the first time then plunged 240 points which finally brought out the smart buyers again. Remember, if the whole crowd is running one direction, go investigate to see what they are running from. Usually they are only following the leader.


    Mar 30 11:44 PM | 1 Like Like |Link to Comment
  • A Share Of Netflix Vs. A Tulip Bulb In Amsterdam 1637: Nosebleed Valuation [View article]
    I love people religiously predicting the end of the world and indeed some day they will likely be correct. I first bought NFLX at 13 and prudently took profits from time to time. I plan to continue to own some NFLX till Armageddon. If I exit before then it will not be because of any free advice published in this column.
    Mar 12 02:31 PM | 2 Likes Like |Link to Comment
  • Netflix Revenue Forecast 2014 - 2030 [View article]
    I began buying NFLX at 13 as prognosticators began predicting the sky would fall when NFLX reached 40, then 90, then 240. But nobody said the end was near at 300. They missed their chance. If someone predicts the end of the world long enough, they will be correct sometime. I'm not going to bore you with either NFLX or Armageddon.
    Mar 5 08:17 PM | Likes Like |Link to Comment
  • Short Netflix On Amazon Prime Success [View article]
    Actually Amazon has turned a profit of $0.29. That gives it a PE of 1,395.77. Check it out!
    Jan 1 11:37 PM | 1 Like Like |Link to Comment
  • Short Netflix On Amazon Prime Success [View article]
    I do order from Amazon Prime for the 2 day service, BUT WATCH PRICES. That "free shipping" seldom comes free. Amazon also advertises Free entertainment. They do offer free movies though I have never found anything I wanted to watch. To me their offerings stink. And if I leave Amazon movies for whatever reason the only way I could find my way back was to hopefully find the beginning again then fast forward. I did that once and it got old fast. I can navigate Netflix blindfolded. It is by far the most user friendly and after a whopping $8/month everything, everything, is free. Not so with Amazon. I just signed on with Hulu Plus which has some interesting TV Series such as OFFSPRING. Oh, I believe the "PLUS" stands for "Plus Commercials"! My comments deal with my user experience which goes back to when Netflix first began offering DVDs via mail and when Amazon first offered Prime. Also, I did and do own NFLX. Perhaps, I will address that matter later.
    Jan 1 11:22 PM | 2 Likes Like |Link to Comment
  • Short Netflix On Amazon Prime Success [View article]
    Me neither. I don't believe a $17 difference is actionable. Should someone be that financially needy, I doubt if they should be on-line let alone fighting inherent temptations of shopping on-line. I am signed for Netflix AND Amazon Prime, just added Hulu Plus and plan to keep that also. Oh, I am retired and my annual income is under $45,000. Thus, I am not wealthy.
    Jan 1 10:19 PM | 1 Like Like |Link to Comment
  • Short Netflix On Amazon Prime Success [View article]
    Me neither. I don't believe a $17 difference is actionable. Should someone be that financially needy, I doubt if they should be on-line let alone shopping on-line. I am signed for Netflix and Amazon Prime, just added Hulu Plus and plan to keep it. Oh, I am retired and my annual income is now under $45,000. Thus I am not wealthy.
    Jan 1 10:03 PM | 2 Likes Like |Link to Comment
  • Short Netflix On Amazon Prime Success [View article]
    You are 110% correct! So, WHY?
    Jan 1 09:39 PM | Likes Like |Link to Comment
  • Chipotle: Great Growth, Bad Price [View article]
    Does anyone remember the alarm that went out when CMG approached 220? Did anyone sell then? Nothing goes straight up forever. But it is best for investors to pick their own exit points. Remember the old saying about advice: it is only as valuable as the money you paid for it.
    Dec 31 02:58 AM | Likes Like |Link to Comment
  • Chipotle: Nature's Friend But Your Portfolio's Enemy [View article]
    The nearest Chipotle is 40 miles away but when close we attempt to try it out. So far with 3 attempts, Chipolte has been brim-full with the line stretching outside. Impressions I could not ignore from was the aroma, the long line, and a loud, incessant ka-ching, ka-ching, ka-ching eminating from within. We did not have the time to await our turn - but someday. With the Stock up 40+ points today, I wonder what mutterings are occurring about NIKO K's advice to stay away from CMG stock. Also, some losers were calling GOOG a loser (+114) ps: I own GOOG, CMG, but also )(oops!) ISRG -20. Is that what they call a transfer of wealth?
    Oct 18 01:33 PM | 1 Like Like |Link to Comment
  • Netflix flies higher as Icahn ponders his windfall [View news story]
    Did anyone else but NFLX back at 18?
    Oct 2 01:13 AM | Likes Like |Link to Comment
  • More on Apple: The ever-bullish Brian White reports his Apple Monitor, which tracks the sales of component suppliers that depend heavily on Apple (AAPL -1.1%), saw a 31% M/M drop in February, its worst performance on record for the month. Foxconn parent Hon Hai saw a 25% M/M drop. Baird's William Power, meanwhile, says his firm's semiconductor checks indicate iPhone/iPad orders are in-line with his estimates, but below consensus. White maintains an $888 PT, and Power a $465 PT. [View news story]
    Remember when appl was falling like a rock way down to ~600 and many were panicking while others were buying a bargain? I mentioned that little gap way down about 425 - 443 that would have to be filled. Well, it has been. So, pull your pants up and begin nibbling, but just small bites for now. It may have to test a bottom more than once.
    Mar 12 09:52 AM | Likes Like |Link to Comment
  • A worrying trend or a contrarian indicator? Leon Cooperman's Omega Advisors was far from the only big hedge fund to unload its Apple (AAPL) position in Q4. Joining Omega were Dan Loeb's Third Point, Thomas Steyer's Farallon Capital, Barry Rosenstein's Jana Partners, John Burbank's Passport Capital, and Eric Mindich's Elton Park Capital. On the other hand, David Einhorn's Greenlight Capital raised its stake to 1.3M shares from 1.1M and bought 275K call options ahead of its Prop. 2 suit (13F). Apple has historically been a hedge fund darling[View news story]
    Yep, that's how it works. Never go against the big guys. Be a leaf in the breeze and let them sweep you along with them: in when going up, out when going down. Don't attempt to guess the top or bottom, be happy with the middle. I'm long AAPL, will buy more in the 425 - 440 gap if given the chance. Have patience!
    Feb 15 04:20 AM | Likes Like |Link to Comment
  • Pac Crest joins the rush, cutting Apple (AAPL) to Sector Perform with fair value of $440-$550, noting high-end market saturation and waning demand for incremental hardware innovation. Piper's Gene Munster holds the line, reiterating his Buy and a $875 target. Shares +1.4% premarket. [View news story]
    I hope you are right, history favors ^ ^ ^ and away. But I'm bugged by that gap down around 425 - 440. Don't know when but I'll BET it gets filled sometime. Should it get there, AAPL at 425 would be an Absolute Steal.
    Jan 17 04:30 AM | 2 Likes Like |Link to Comment
  • Netflix (NFLX) CEO Reed Hastings says Europe will be a major focus of the company over the next two to three years as he sees the company's streaming service eventually landing in nearly every nation on the planet with the possible exception of the always-problematic China. He takes on the threat of Amazon head on, noting that Netflix spends 3X what Amazon does on content to the benefit of customers and calling Amazon Prime a "confusing mess" with an algorithm that isn't as clever as that of Netflix. [View news story]
    I have both but for different reasons. I have never streamed/purchased a movie from Amazon, way too much hastle and very poor selection. I'm no geek so I just go to Netflix where a couple clicks and I have a movie rolling. IF NFLX doesn't have a new movie yet I have picked 1 or 2 up from Hulu but I had to pay $$
    to get there. Netflixis the handiest for me.......
    Sep 26 09:03 AM | 1 Like Like |Link to Comment
COMMENTS STATS
15 Comments
13 Likes