Yahoo Finance Comment of the Day: “This Company Produces Nothing”

Oct 25, 2011
J. Webster
Comments Off on Yahoo Finance Comment of the Day: “This Company Produces Nothing”

This Yahoo Finance message board comment comes from the boards for the once all mighty Netflix, whose stock has falling hard and fast, going from upwards of $300 a share in July to a lowly $77 a share today. Of course stock holders are upset. This commenter very succinctly nails down the problems of owning shares of Netflix:

This Company Produces Nothing:

It has warehouses full of a soon-to-be-outdated product.

It provides a generic service other companies could and do provide.

Its streaming content is incredibly lacking.

Postal rates are going up January 1st.

Still want to buy?

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