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Netflix’s Stock is Back Up, But Will it Last?

Posted by on Jan 28, 2013 under news

175_90_NetflixAfter being in the Wall Street equivalent of the wilderness for so long, Netflix has come roaring back since releasing some surprisingly good fourth quarter numbers. But will the good times last?

Netflix CEO Reed Hastings seems to know that it wouldn’t take much to send his company’s fortunes plunging back downward again. On Netflix’s recent earnings call, Hastings said the following:

“It wouldn’t take much to have the issue flare up again for us to lose trust . . . So you might say we are on probation at this point.”

Indeed, after several days of gains, Netflix shares dropped down nearly five percent today. Such a drop could mean that investors’ euphoria over Netflix’s recent earnings could be wearing off and cold reality may be setting back in.

What do you think, Insiders? Can we safely assume Netflix is back on the right track, or do these good times for the company come with an expiration date?

[via CNBC and Home Media Magazine]

8 Responses to “Netflix’s Stock is Back Up, But Will it Last?”

  1. Visitor [Join Now]
    DanoFive0 [visitor]
    January 28, 2013 at 11:21 pm

    All NetFlix needs to do is keep the price about like it is. Keep adding Old and new TV shows/Movies. Keep putting Closed Caption on them are SDH. And they will do just fine. RedBox online has Zip Zero chance to take NetFlix On. And Amazon. Not much of a chance.
    NetFlix can come out looking good. They just need to do it the right way. And give people there moneys worth. I think they are great right now. You really can’t beat the price of the online deal.

  2. Member [Join Now]
    Shemp Howard [shemp-howard]
    January 29, 2013 at 3:45 am

    @DanoFive0

    For those who don’t know…

    SDH–Subtitled for the Deaf and Hard of Hearing

  3. Visitor [Join Now]
    • Member [Join Now]
      moviecrazy
      January 29, 2013 at 11:14 am

      Thanks for that “dead” website….very helpful!!!

      • Visitor [Join Now]
        BBQ [visitor]
        January 30, 2013 at 7:30 am

        First, it is InsideRedbox.com that turned it automatically into a link, I never intended it to be followed.
        Second, this was (what I though) an obvious sarcasm as this website is supposed to be about RedBox, yet most articles are about NetFlix, who is not even a direct competitor (well, before Blockbuster Express died and RedBox got into the streaming business, anyway).
        I apologize to those who were mislead.

  4. Visitor [Join Now]
    PennyStocker [visitor]
    February 2, 2013 at 11:16 am

    Definitely will last! I love redbox!