Netflix Inc. is an online movie rental service. The Company ships DVDs with no due dates or late fees, directly to the subscriber's address. Netflix also provides background information on DVD releases, including critic reviews, member reviews and ratings, and personalized movie recommendations.
The stock is a market-performer, share prices were rising with 59% on average, year after year.
Estimated value is $495, with a 30% upward potential .
Some time ago Carl Icahn has sold 16% of his stake in Netflix, but we expect stock price to rebound on the company's strong growth prospects.
In the mean time we will sell too and wait for a better occassion to join in (#C4)
On June 9, next annual shareholder meeting will take place.
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