BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Netflix Earnings: Too Late to Buy?]]>http://www.bloggingstocks.com/2010/10/21/can-you-still-buy-netflix/http://www.bloggingstocks.com/2010/10/21/can-you-still-buy-netflix/http://www.bloggingstocks.com/2010/10/21/can-you-still-buy-netflix/#commentsFiled under: ,

netflix earningsWhile I'm not necessarily going to say you can't still buy Netflix (NFLX), I will say that I just can't get myself to send in an order at current levels. During Wednesday's after-hours session, the shares gained 9%, reaching $167.33 in reaction to the latest quarterly report. That's not far from the 52-week high of $174.40. I'm not sure where the stock will end up during Thursday's regular session, but I doubt I'll be changing my mind about the online movie-rental business.

The chart does look good, though, doesn't it? Some of the sections may be rocky, but for the most part, the equity has been extremely resilient and a great buy on pullbacks. And with the 52-week low set at $47.56, you know that a lot of the true believers have made some good money (at least on paper).

Continue reading Netflix Earnings: Too Late to Buy?

Netflix Earnings: Too Late to Buy? originally appeared on BloggingStocks on Thu, 21 Oct 2010 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>dvdfeaturedhome entertainmentinthenewsmoviesNetflixnetflix earningsNFLXThu, 21 Oct 2010 09:30:00 EST<![CDATA[Netflix Earnings: Sell or Hold On?]]>http://www.bloggingstocks.com/2010/07/22/netflix-earnings-sell-or-hold-on/http://www.bloggingstocks.com/2010/07/22/netflix-earnings-sell-or-hold-on/http://www.bloggingstocks.com/2010/07/22/netflix-earnings-sell-or-hold-on/#commentsFiled under: ,

Netflix (NFLX) was hammered in Wednesday's after-hours session. It dropped 9% to $108.70. The second-quarter earnings report was the catalyst. What should an investor do now?

Well, that's a decision each individual must make for herself, but let me say that I've been cautious on this company. Too cautious at times, admittedly, but when a stock experiences the kind of run that this one has, how can you not be at least a little wary? The one-year chart shows the incredible euphoria surrounding the equity. Or, to put it in terms of a range, the 52-week low is $39.27 and the 52-week high is $127.96. See what I mean?

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Netflix Earnings: Sell or Hold On? originally appeared on BloggingStocks on Thu, 22 Jul 2010 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>dvdfeaturedhome entertainmentNetflixnetflix earningsnetflix incomenetflix quarterly earningsnetflix revenuenetflix second quarternetflix stockNFLXThu, 22 Jul 2010 09:30:00 EST<![CDATA[Netflix Had a Great Quarter, but Be Cautious About Stock]]>http://www.bloggingstocks.com/2010/04/22/netflix-had-a-great-quarter-but-be-cautious-about-stock/http://www.bloggingstocks.com/2010/04/22/netflix-had-a-great-quarter-but-be-cautious-about-stock/http://www.bloggingstocks.com/2010/04/22/netflix-had-a-great-quarter-but-be-cautious-about-stock/#commentsFiled under: ,

Netflix earningsNot long ago, I wrote about Netflix (NFLX) hitting a 52-week high. At that time, the shares were around the $75 level. I cautioned that one had to be careful about buying an overbought stock. I mean, how much further could the equity climb?

Yeah, right. At the close of trading on Wednesday, the shares were priced at $86.98. The current 52-week high stands at $89.10 (as of this writing). And during yesterday's after-hours session, the stock climbed 1.6% to $88.40, in response to the first-quarter earnings report.

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Netflix Had a Great Quarter, but Be Cautious About Stock originally appeared on BloggingStocks on Thu, 22 Apr 2010 08:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>DVDfeaturedhome entertainmentHomeEntertainmentinthenewsnetflixNFLXonline videoOnlineVideoThu, 22 Apr 2010 08:30:00 EST<![CDATA[Blockbuster reports sales drop, loss in Q2 ]]>http://www.bloggingstocks.com/2009/08/14/blockbuster-reports-sales-drop-loss-in-q2/http://www.bloggingstocks.com/2009/08/14/blockbuster-reports-sales-drop-loss-in-q2/http://www.bloggingstocks.com/2009/08/14/blockbuster-reports-sales-drop-loss-in-q2/#commentsFiled under: , , ,

Blockbuster (NYSE: BBI) remains troubled. Just look at the second-quarter report that was released on Thursday after the bell. Net sales dropped over 20%, coming in at roughly $1 billion. The company lost 19 cents per share, one penny better than the loss reported in the year-ago period (to which I say, big deal!). According to the preview, the market wanted to see $1.1 billion for the top line and a loss of only 12 cents for the bottom line. A failure on both counts, I'm afraid.

Cash flow was the more attractive part of the Q2 story. The company calculated its free cash flow to be about $109 million. Okay, I'll give Blockbuster a good mark for having positive cash flow this year.

Continue reading Blockbuster reports sales drop, loss in Q2

Blockbuster reports sales drop, loss in Q2 originally appeared on BloggingStocks on Fri, 14 Aug 2009 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBIblockbusterCMCSAcomcasthome entertainmentHomeEntertainmentinthenewsmovie rentalsMovieRentalsnetflixNFLXon demandOnDemandretailFri, 14 Aug 2009 09:30:00 EST