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To: youngidiot
Netflix has yet to make a profit.

NFLX may have a high PE --today's price divided by last year's earnings, but all that means is that it's growing and everyone knows it.  Right now it's got steady and strong  return on assets and return on growth plus a good price/sales ratio.   Top that off with the fact that right now it's technically within buy range.

Last time I owned it I'd bot it Feb2 @ 211.26 and sold Feb21 @ 235.51.  Hmmm, you've just convinced me to buy it again this morning....

7 posted on 03/07/2011 7:36:50 AM PST by expat_panama
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To: expat_panama

I sunk my roth into netflix last feb at 50/share. Yeah baby.


8 posted on 03/07/2011 11:25:20 AM PST by sportutegrl
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