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Netflix Shares Down Another 11 Percent

wall street says netflix screwed up

Not shocking. Not shocking at all.

This is what happens when you over price something, and then split it into two, inconvenient, mediocre things.

You get virtually no confidence in your stock from shareholders and customers alike. How much more of a wake up call do you need, Netflix?

Swallow your pride:

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Netflix To Split Into Two Companies, Still Doesn't Understand Their Customers

WTF Netflix Qwikster

Netflix. Stop it.

Just stop.

People woke up this morning to a late night email from Netflix chief executive, Reed Hastings, explaining that they messed up. Which is great, and it's great to hear they recognize that.

But what good does recognizing it do if they don't do anything about it? In fact, they seem to be making it worse:

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