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Tuesday, September 20, 2011

Empathy

Ok I have read the empathy email released to the media and the news wires by NFLX.
My take on it is that the bankers are mounting something that might resemble a bounce.
Or this guy is talking to an Astrologer.
But will it work?
For a CEO to come out and spin that rubbish there is something very seriously wrong people..
Read between the lines., what is he really say .

My understanding is he guided lower as people are leaving the service.
Could it be double what they guided in there previous statements..
Instead of 10%  maybe 20% lower..
In any case the buck stops with the CEO, and his marshmallow apology isn't good enough has far as I'm concerned..
When he raised prices by 60% he didn't have a problem then.
But the fact the company has halved in value now his shitting himself.. I don't care the astrology doesn't lie.
This company is dead. no matter what they do!
His got 9 days to hope people dont leave then his got to come clean on his subscribers.
Sure he can DOT the books but his got the SEC breathing down his throat so not a smart thing to do...

I'm going to start doing work for a friend who runs a stock hedgefund..On companies which are grossly overvaled simular to NFLX.
Will publish in October when finished.

To all the private emails regarding NFLX  your all very welcome,( professionals and private traders)
See how astrology works in the markets...

cheers