August 1, 2010

NETFLIX MAY DOUBLE

In the recent past we have been negative on NFLX  due to our view that online streaming video will make Netflix obsolete. There is a big change at Netflix. It is likely that NFLX will become the first major player in streaming video beating the like of Google, Apple  and Amazon. If this scenario plays out , NFLX will double. Consider buying aggressively right here  around $101

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