Monday, April 25, 2011

Netflix Reports, Drops Afterhours

I love Netflix, but don't own $NFLX. They reported earnings and now 7% of Americans subscribe to Netflix. Including me!

I missed the stock. Afraid of competition with the low barrier of entry to streaming content over the internet. But the stock has been a huge winner so far. I still don't want it no matter what happens on the charts. I'm still thinking Amazon, Google, Apple, Comcast, ATT... Lots of players out there trying to get eyeballs.

Netflix taking a hit after-hours on future projections.

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