Netflix is expanding...

I just saw a news clip about Netflix and how they are wanting to expand worldwide. Unfortunately the price of their stock for ONE share is well over 400 bucks. No dividends either. I sure wish I had seen this coming about 10 years ago. I really should have. I remember the switch from DVD rental stores to having them mailed directly to a person's home and one could see the streaming explosion online. Definitely an "if only" moment for me when I saw the price of their stock.

 

it is hard to predict how a certain company will change in the face of a technology shift. I remember when digital cameras just starting becoming affordable and Polaroid did nothing. Now you have the digital camera market dominated by people who were making nothing but printers back then. Netflix has made the transition well

 

Umm.. netflix HAS already expanded to a lot of countries worldwide. But yes that expansion is still ongoing, they had some pretty amazing subscriber numbers outside of the USA in their last earnings report. I think netflix is an amazing concept but competition is starting to get rough and the shares are really expensive so I currently haven't bought any.

 

Wow, that's a really big move by them. It's not too late to invest into it now, ya know?

 

Interesting. Was it just because you see the current price being overvalued or do you see some changes in the company that made you want to sell most of it?

 

I think that Netflix shares might be peaking so it's a good time to sell, expansion is not always sign of valuing, sometimes hard times might come when expansion happens.

 

It's a smart move. While everyone sees how much money they'll make buying Netflix's shares now, the prices will drop again once all that hubbub [about expansion] dies down. And then it will be time to buy the shares a second time

 

Missing out on Netflix is like whenever people missed out on the Apple investments whenever Apple first started up. It is definitely a kick in the pants type moment, but it happens in investing. You just have to be on the look out for more companies that are expanding as rapidly as Netflix is.

 

If Netflix is like Apple, does it mean that we should expect more and more growth from them? I don't believe that though. Unless Netflix will invest in anything other than their streaming service then I don't think that they'll sit at the top for far too long. The net evolves pretty fast. Who'd have thought Yahoo, a tech giant in the early 2000s would be knocked off their perch? Same thing could happen to Netiflix.