And that my friend is why "Suck em in first then raise the price" fails.

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And that my friend is why "Suck em in first then raise the price" fails.

2011 Oct 25, 12:50am 1,968 views 7 comments

http://money.cnn.com/quote/quote.html?symb=NFLX&source=story_quote_link

Netflix Inc (NASDAQ:NFLX)

77.14
-41.76 / -35.12%
Todayâ€™s Change
74.33 Today|||52-Week Range 304.75

NEW YORK (CNNMoney) -- The Netflix nightmare continues. Shares plunged 36% in early trading Tuesday after the video service revealed it lost 800,000 subscribers in its difficult third quarter.

Now is that on top of the initial Million or so, that was reported to have ditched them in August?

Netflix (NFLX) earned $62 million, or $1.16 a share, on a record $822 million in revenue in the quarter that just ended, beating analysts' estimates. But shareholders ignored that fact and focused on the sharp decline in its subscriptions.

How do you make money when everyone is bailing?

http://money.cnn.com/2011/10/25/technology/netflix_stock/

Ever notice the numbers don't add up, these days when News sites do these cheer leader pieces.

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zzyzzx @ 2011 Oct 25, 2:00am

52-Week Range shows 74.33 - 304.75

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patrick.net

And that my friend is why "Suck em in first then raise the price" fails.

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