NFLX
Jim Chanos was on CNBC this morning talking about one of his shorts: Coinstar.
Coinstar is the owner of RedBox, the DVD rental kiosk company.
MarketFolly summarizes Chanos' short argument:
One company in particular he's shorting is Coinstar (CSTR). He ... Read the rest of this entry »
Everyone is astounded by the collapse of Netflix's stock.
And the drop has indeed been breathtaking.
After hitting a high of $291 in July, Netflix (NFLX) has fallen to $113, a drop of more than 60%.
Ouch.
But when one takes a longer-term perspective,... Read the rest of this entry »
While Netflix’s (NFLX) underlying business is sound, we believe that a short position in Netflix is warranted because the stock is priced to perfection.
If we assume that every household in the US subscribes to Netflix, our “blue-sky&r... Read the rest of this entry »
We're going to have a truly excellent interview-of-the-week this week: Netflix CEO Reed Hastings (NFLX).
Over the past decade, Reed has built Netflix from a tiny dotcom startup offering CDs by mail to an international behemoth with 20 million subscribe... Read the rest of this entry »
We're going to have a truly excellent interview-of-the-week this week: Netflix CEO Reed Hastings (NFLX).
Over the past decade, Reed has built Netflix from a tiny dotcom startup offering CDs by mail to an international behemoth with 20 million subscribe... Read the rest of this entry »