Tuesday, April 28, 2015

Netflix: Why We Need To Take A Closer Look

It's somewhat alarming to see the majority of financial writers not only parrot the talking points of Netflix (NASDAQ:NFLX) leadership, but to uncritically point to the one single element the majority of investors in the company are basing decisions on, without balancing it with a healthy dose of skepticism in light of a number of weak data pointing to things that should concern those interested in investing money in the company.

The basic premise is Netflix will continue to grow its international subscription base, and the reason it did so poorly with earnings is because of currency issues. While there is truth to that assertion, the way it is being packaged, it appears as thought if it weren't for that, the company would have exceeded expectations.


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