Still No Go on Netflix
Last November I shared my negative view on Netflix (NFLX) shares and over the last several months it would appear that was a bad call to some as the shares climbed to nearly $130, up significantly. My concerns at the time including the stiffening competitive landscape, drag on profits associated with developing proprietary content and at the time the pending loss of digital content from Starz.
With the shares plummeting more than 31% from that early February high near $130 per share, I've gotten a few emails asking me if I think the risk to reward is enough to get back into the shares....565 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.