So .13 cents quarterly profit equates to a $128 price level? Even if they make .13 per quarter (which they have not), that means they are trading at a 240 PE multiple....price will be re-adjusted at some point...
So .13 cents quarterly profit equates to a $128 price level? Even if they make .13 per quarter (which they have not), that means they are trading at a 240 PE multiple....price will be re-adjusted at some point...
Amazon has been that way forever but people continue to pay high stock prices for them.
So .13 cents quarterly profit equates to a $128 price level? Even if they make .13 per quarter (which they have not), that means they are trading at a 240 PE multiple....price will be re-adjusted at some point...
Amazon has been that way forever but people continue to pay high stock prices for them.
They too will get knocked down eventually....200dma on weekly sitting at 170...so way too far above...both the bear market of 2001-2002 and 2008 crash knocked it down below 200dma...so we will watch it fall at some point in 2013...
I do but I think I will cancel soon. Not enough GOOD content on the online service.
That is one of the problems. Studios want more and more money to put their content on the service (just as they do every time that they negotiate with cable and satellite providers).
I do but I think I will cancel soon. Not enough GOOD content on the online service.
That is one of the problems. Studios want more and more money to put their content on the service (just as they do every time that they negotiate with cable and satellite providers).
The Netflix model is the way of the future but in the next 5-10 years they are going to have a hard time getting through these cutural change years.