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It has warehouses full of a soon-to-be-outdated product.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