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Old July 13 2011, 04:13 PM   #82
THE Robert Maxwell
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Re: Netflix shoots itself in the foot... aka no more free streaming

SPCTRE wrote: View Post
^ Precisely. Netflix's profit-turnover ratio isn't exactly astronomical.
In fact, they already announced that despite having a really good first quarter this year, they expect the rest of the year to not be as good. Not that they will be unprofitable, but it's always damaging to the stock price for profits to stay the same or go down, rather than grow at a good clip.
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