Sunday, August 29, 2010

Is Netflix (NFLX) overrated?

Hi, this is my first blog.

I have been following this stock for ~1 year now and needless to say I believe they are overrated. Using fundamental analysis, their EPS (read: Earnings Per Share) is 2.47 - a value that is less than what the stock is trading at. With BlockBuster filing for Chapter 11, I wouldn't be surprised if NetFlix further appreciated. 

In other news, I am sick. My nose is runny. :(