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
Image via Wikipedia Netflix reports earnings after the close today. The risk of large price movement in both directions is high. NFLX can easily fall 50 points or go up 30 points. We will stick with the discipline of the ZYX Change Method , and not let our substantial gains disappear.
Amazon.com $AMZN today bought the shares it did not already own in Lovefilm International, a subscription-based streaming film service that operates in Europe. Our positive thesis on NFLX was based on becoming the first to proliferate streaming movies. As others enter the market, high flying shares are likely to come down.
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
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