It looks like I was right about buying more Netflix stock. As of today at 8:06AM, Netflix stock is trading at $100.12 per share, an increase of $13.14 (15.11%). This follows yesterday’s announcement that Q1 profits rose 44% from a year ago.
Some analysts predict that Netflix can’t continue to gain value at it’s current rate, but with announcements like the one yesterday, I have a hard time believing their “professional” opinions.
Thu, Apr 22, 2010
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