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Re: Netflix Was Hammered

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 15 Sep 11 7:09 PM | 58 view(s)
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Msg. 34917 of 45651
(This msg. is a reply to 34914 by Decomposed)

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Bummer. A lady I work with bought NFLX at the IPO... $9/share. So, while I wish I had such problems, she's definitely feeling some pain this a.m.


I hope she has been taking some profits along the way!!!!!!!!!




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The above is a reply to the following message:
Netflix Was Hammered
By: Decomposed
in ROUND
Thu, 15 Sep 11 4:07 PM
Msg. 34914 of 45651

NFLX is off 17 percent in pre-market trading, down to $176/share.

It issued weak guidance based on a less-than-expected subscriber base, and ended its $9.99 plan for both DVD rental and movie streaming, dividing them into TWO plans at $7.99 per month apiece.

http://www.marketwatch.com/story/netflix-cuts-us-subscriber-outlook-2011-09-15?dist=beforebell

Bummer. A lady I work with bought NFLX at the IPO... $9/share. So, while I wish I had such problems, she's definitely feeling some pain this a.m.


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