Netflix shares run counter to earnings estimates
Post# of 96879
Business Insider‘s Linette Lopez reports that they asked Einhorn and other high-profile investors to share with them the most important lesson, idea or chart they had this year. She said he sent them the following chart, which plots Netflix’s share price with earnings estimates for the S&P 500:
Einhorn also noted that earnings estimates for Netflix itself have declined throughout the year as analysts slashed their estimates around each earnings report. However, the company’s stock has been soaring all year, creating a huge disparity between earnings and share price performance. While it is unclear if Einhorn is short - the stock could be a part of the hedge fun manager’s “bubble basket”.
http://valuewalkposts.tumblr.com/post/1356864...-on-neflix
We 'll soon see the correction take place market always do was today the start? for Both NetFlix and UltraFlix in market correction? next few weeks ahead will guage it...