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  #1 (permalink)  
Old 05-23-2005, 02:11 PM
OMAR OMAR is offline
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Location: Gainesville, FL
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Default Netflix. NFLX Seeking opinions.

The few people I know that use Netflix speak very highly of the service. Movie buffs can pick from a very broad selection, and I've heard nothing but rave reviews.

When it was announced last week that Wal-Mart was ending it's online dvd rental sector and sending subscribers to Netflix, the stock spiked, but has come back down a few dollars.

Not very good w/ the technicals, just think they're in a good spot, and think the business model will be a success in the future, maybe even bought out by someone like amazon. Any thoughts?

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Old 05-23-2005, 05:53 PM
OMAR OMAR is offline
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Default RE:Netflix. NFLX Seeking opinions.

Do stories at The Fool normally have such an impact: http://www.fool.com/News/mft/2005/mft05052313.htm

Have this stock on my watch list, and after this story broke just after noon, the stock fell and fell.

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Old 05-23-2005, 07:20 PM
Bostongambler Bostongambler is offline
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Default RE: Netflix. NFLX Seeking opinions.

Blockbuster and any other outlets have to be grasping for air right about now.

Between Netflix and On Demand.
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Old 05-25-2005, 06:17 AM
bazanster2 bazanster2 is offline
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Default RE:Netflix. NFLX Seeking opinions.

NetFlix (NFLX)

Have always like this stock. It's really a good deal if you like
to watch movies. Reasonable priced product.

Technically, the stock looks like it's headed down the otherside
of a spike. The Fast and slow stochastic's have inverted.
It's exceeded analyst estimates that were at around $12.00.
Definately think that stockholders holding long term will be
well rewarded. As usual, recommend using the moving averages
and following with trailing stop losses to move in and out.
Netflick has had excellent growth and is up to 3 million
subscribers which should translate into higher earnings down
the line. Nor is an industry which requires intensive capital
investment.
Imagine that eventually as tv's and computers merge as one,
that movies will just be ordered and watched via the computer.
How and when this affects Netflix and to what degree is anyone's
guess.

good luck with this one
,

baz
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Old 05-25-2005, 03:06 PM
OMAR OMAR is offline
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Default RE:Netflix. NFLX Seeking opinions.

Thanks, Baz.

I don't think Blockbuster can knock out Netflix, but they'll try with coupons for free movie rentals, free game rentals and other things. Blockbuster's debt may keep them from starving out Netflix. It's a bit like the XM vs Sirius radio. There's room for both, and profits will come later.

What I AM worried about is On Demand services from Time Warner and other cable services. If suddenly I have the ability to order whatever movie I want to see through my cable company, that sounds much better than waiting for snail mail to bring me the discs.

DVD quality video is huge, and can't really be streamed to people's computer's right now, so that's not a concern.

My next question..... where is the bottom?
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Old 06-01-2005, 02:13 PM
OMAR OMAR is offline
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Default RE:Netflix. NFLX Seeking opinions.

Well, this is the bottom, I hope. Blockbuster insiders are dumping shares, so I know they're in trouble.

The NFLX stock is being manipulated right now, imo, and I think it's ready to start climbing. In at $14.40 today.

The other day it was being held at $14.50 all day by MLCO (Mer Lynch), and then at $14.35 earlier this week.

Anyone know why that would be going on? The Friday before the long holiday weekend, I think it would have dropped on low volume, but was propped up, at least that's the way I see it. Don't know what it means though.
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Old 06-16-2005, 08:38 PM
OMAR OMAR is offline
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Default RE:Netflix. NFLX Seeking opinions.

up 22% since the beginning of the month. Looks like my timing was pretty good on this one.

Looking at some charts: http://stockcharts.com/def/servlet/SC.web?c=nflx

I see the RSI is up over 70 again. Good time to sell? What other indicators should I be watching?

The plan was to wait until the next earnings report and ride up w/ the good news I feel is on the way. Didn't expect the run to happen this early. Thoughts?
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Old 06-17-2005, 06:51 AM
bazanster2 bazanster2 is offline
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Default RE:Netflix. NFLX Seeking opinions.

OMAR,

Here another opinion from someone at www.clearstation.com
Generally find good info from the posts there.

From: forchy57 May 28 2005 12:39PM
Title: As someone who was involved in the video industry... (Long Recommendation)

"for over 20 years, take it from me, the rental industry is in a state of transformation and
eventually both the brick and mortar and the internet hard copy dvd rentals will wilt away.
However in the short term (& I mean 2-3 years) this company can expect 10-15% growth.
If you own Blockbuster, transition into this holding would be beneficial. For those wanting
the crystal ball outlook... eventually there will be little to none actual dvd sales or rentals.
You could look forward to a new generation of media similiar to IPOD where everthing is
downloaded. 2-3 years in this stock then get out unless they are able to capture this market."

************************************************** ************************

NFLX had +194% increase in average trading volume yesterday.
Suggest a $16.94 Stop Loss Order. Chart patterm currently in a very bullish state.
Sharp appreciation make's a short term pull back probable at some point.
Spikes tend to be volitile both ways.
Bullish.

gl

baz

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  #9 (permalink)  
Old 06-17-2005, 07:41 PM
OMAR OMAR is offline
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Default RE:Netflix. NFLX Seeking opinions.

Thanks, Baz.

Funny you mention clearstation, as I was there on Thursday night. Took one look at the Stochastic and sold NFLX first thing this morning at $17.67 I continue to lead a charmed life. It dropped like a rock just after the open.

I will hop back on in a few weeks if it goes down. Still expecting good news in July.

Not many people at Clearstation these days. I remember there being more activity before e-trade bought the place.
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