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Just curious what everybody is thinking about Netflix. I have been a subscriber since they opened and wasn't even thinking about their stock at that point. If I had been smart I would have had about a 1500% return on my investment. Yes that's 1500%.
Anyway, they jumped big to 79, fell a little then split Feb 10 I believe. Now it is hanging around the 33 range. I was planning on going big into this stock, but I am now having second opinions. They are expanding to Canada and Great Britain and are now seeing higher sales than expected, but they are sharply increasion their expenditures on advertising.
Anybody give me some real solid reasons as to whether I should or should not get into this stock?
quote:Originally posted by glfpimp: Just curious what everybody is thinking about Netflix. I have been a subscriber since they opened and wasn't even thinking about their stock at that point. If I had been smart I would have had about a 1500% return on my investment. Yes that's 1500%.
Anyway, they jumped big to 79, fell a little then split Feb 10 I believe. Now it is hanging around the 33 range. I was planning on going big into this stock, but I am now having second opinions. They are expanding to Canada and Great Britain and are now seeing higher sales than expected, but they are sharply increasion their expenditures on advertising.
Anybody give me some real solid reasons as to whether I should or should not get into this stock?
Thank you all very much.
I'm not sure if you are into the pennies or not, but there is a new up and coming website due any day now(GZFX). Looks like it has great potential if it's managed correctly. Could give netflix a little bit of a challenge in a market that it mostly monopolizes.
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have a look at GZFX ....same thing but DVDs & games ..........trading at .077...... lots of exposure and subcriber base exponential growth potential because of todays news of a national tv campaign
see my DD on it .... GZFX topic that I just posted today