Netflix has been one of the hottest stocks around. Wednesday, on the news of 7-to-1 stock split, shares traded above $700 for the first time. The other big news was that Carl Icahn sold the last of his Netflix shares. Icahn first bought these shares in 2012. The real question
This post was recently published on ZYX Short Sell Change Alert. Consider short selling up to 30% in the zone of $697 to $743. Mental stops over $761. Target zone is $480 to $560. Caution: this is suitable only for experienced investors who are comfortable with building a position over a
Netflix (NFLX) is under pressure from actions taken over the last 24 hours by Showtime and Starz. CBS (CBS) ownns Showtime. Liberty Media (LCAPA, LINTA, LSTZA) owns Starz. Starz will apparently delay new content to Netflix by 90 days. Showtime will apparently stop providing content to Netflix. www.thearorareport.com THE ARORA REPORT,
According to LA times, Netflix (NFLX) now controls 61% of the streaming movies on the internet . By any means , Netflix has achieved major success leaving its competitors far behind. IT is not clear if the data is after Amazon (AMZN) started free streaming for its premium members.Our thesis
As we expected, Amazon (AMZN) announced that its Prime Members will get unlimited streaming of more than 5000 movies and tv shows at no additional cost. This development was already in our model for Netflix(NFLX). We do not expect material impact on Netflix growth by this offering from Amazon. However, we
Image via CrunchBase According to LA Times, Disney (DIS) is raising its wholesale rate it charges Netflix (NFLX) for movies to $17.99 per movie. This is significant in that it throws cold water over bull’s argument that costs for Netflix are coming down. In our model for Netflix, this move
Netflix (NFLX) followed the script that we laid out in our prior post. As per the prior post, we took advantage of this up move and exited half of our remaining position at $247.00. We will look to exiting our remaining position, based on technicals on further move up. www.thearorareport.com THE
Image via Wikipedia Our long term readers know that we have been a fan of QUALCOMM (QCOM) snapdragon line of processors. An upcoming version will allow direct streaming from Netflix (NFLX) to mobile devices. At present, Netflix content can be downloaded, but not streamed, to mobile devices. This development also
We are sitting on almost 125% gain on our remaining Netflix (NFLX) position. In a prior post, we mentioned that the next resistance is around $225 for Netflix . Today, we were knocking at the door of $225. After the close, there is news that the famous Netflix short Whitney
As per the prior post, earlier we sold 90% of our $NFLX position at $183. After the earnings, at this time the stock is trading at $201. Key driver of the stock’s up move is short covering prompted by rise of subscribers to over $20,000,000.00 . First resistance is around