Seeking Alpha
  • traderchats
    There are rumours of NFLX preparing for chapter 11 bankruptcy due to content debt of $5bn. I am sure this is not true.
    1/31/12
    Reply (10)
    • connorj21: Rumors from where?
      1/31/12
    • talbano: did here this for real or are you just trying to start a rumor
      1/31/12
    • Canary Cash: please give a source, we discuss this all the time here as conjecture (or sound analysis) but don't start rumors or post one without source
      1/31/12
    • traderchats: I was doing google for info on forward PE 2012 is only 2 cents and how it is trading at 120$.. then i saw it in one blog.. searching it now
      2/1/12
    • traderchats: How can NFLX trade with forward PE in 5000 range (EPS 2 cents for 2012) why do investors still bet on this stock? am i missing something
      2/1/12
    • talbano: your missing being long
      2/1/12
    • traderchats: I have initiated short and will stay short expecting 90% price drop!
      2/1/12
    • connorj21: good luck expecting that kind of price drop
      2/2/12
    • traderchats: you mean its not possible? I have taken this view purely on fundamental basis. Atleast 40$ in 3 months is my analysis.
      2/2/12
    • Canary Cash: TC, completely agreed on fundamentals, but NFLX trades on manure power, hedge accordingly
      2/2/12