Netflix shares are in free-fall following a rocky third quarter, customer service mishaps, and projections for early 2012 losses as it ramps up an international expansion. At some point though, Netflix will look like a bargain as long as you believe in the case for streaming media and international expansion.
Shares of Netflix were down more than 35 percent in early trading. The big issue is that the company projected a first quarter loss in the first quarter as it launches its U.K. and Ireland streaming service. Netflix will hold back on further international expansion until it returns to … Read more