Out flow from Netflix to Redbox

[ChadAmberg]

Everyone pissed off at netflix for raising prices, you do realize it's because all the TV networks, movie studios, etc, has raised the licensing costs for Netflix streaming from 100 million to over a billion dollars in the last week, right?

Personally, I recently cancelled Hulu, because I looked through the whole list of what's available for streaming to your TV (not your computer) and barely found anything I wanted to see. Everything was computer only.

I mean, to each their own and all, but at least put the blame on the pricing increase on the people causing the problem.

[butnewa]

As soon as I heard about the increase I changed my account to one dvd and no downloads. Never used the streaming anyway.

I go through about 2-3 movies a week so the price, convenience, selection makes it worth it still for me....though I am looking to see what other companies are out there that rent DVD's.
(Streaming does not work well for me as an option at this time, plus the selection is terrible.)

The funny thing is with the new pricing, after dropping the streaming option that I never use...I am paying less per month....go figure.

[Byte Stryke]

http://www.google.com/finance?q=netflix


298.73 +7.46 (2.56%)

[MrPrena]

I don't know which dumb@ss analyst found out the optimum equlibrium for profit maximing, but I think it will hurt them in long run.

I think investors will be all happy to see the price side increase, so that netflix would not have too much pressure getting/gathering new subscribers.

I am gonna watch companies that does a complimentary services, and short the NFLX.

They are way over priced in terms of DVD/STREAMING RENTAL and PRICE OF A STOCK.


What do I do?
I watch foreign movies for free online, and goto redbox dvd.
I just got into foreign movies not too long ago, and it is fun.

Just saw this
http://finance.yahoo.com/news/Netfli...&asset=&ccode=

I persoanlly think that Netflix is overpriced at P/E (ttm): 83.65 , and $15.30billion mkt cap?
gees....

All these hypes of Netflix, and their anticipation of growth makes no sense.

http://www.google.com/finance?q=netflix


298.73 +7.46 (2.56&#37

[sbouslog]

Short came through for me. It's $20 down from its high point. Took a little longer then expected. Sometimes it takes the public a few ways to catch on!

[MrPrena]

Short came through for me. It's $20 down from its high point. Took a little longer then expected. Sometimes it takes the public a few ways to catch on!

few days before and/or on 3rd week of friday (when option clears) would be fairly intersting.

Share Statistics
Avg Vol (3 month)3: 4,758,920
Avg Vol (10 day)3: 5,471,140
Shares Outstanding5: 52.52M
Float: 51.08M
% Held by Insiders1: 5.80%
% Held by Institutions1: 85.10%
Shares Short (as of Jun 30, 2011)3: 9.94M
Short Ratio (as of Jun 30, 2011)3: 2.50
Short % of Float (as of Jun 30, 2011)3: 20.00%
Shares Short (prior month)3: 10.41M

http://finance.yahoo.com/q/ks?s=NFLX+Key+Statistics