Netflix is joining the Standard & Poor's 500 index. Wedbush Securities feels they're over valued and puts their 12-month price target at $78 per share. The stock closed today at $194. Ouch. I don't agree with the $78 price target, but do think they are overvalued. Regardless, they will continue to get my $20 per month -- even if their streaming licenses are reduced to 'I Love Lucy' and 'Perry Mason'. I'm a fan.
Ironically, while Netflix continues to transform digital media two of the three companies that got the boot from the S&P (The New York Times Co. and Eastman Kodak) have been disrupted by it.
Fish sandwich, fries and a peanut butter and chocolate shake from Kidd Valley for lunch today. I should feel ashamed. I don't. It was great!
Presidential Chia Pets. Supposedly they did a 500K production run on these things. Wow.
Get access to classic luxury and super cars on a partial ownership basis. The Classic Car Club offers annual memberships starting at $8K for 35 days of driving and access to over 40 cars. This is a pretty good deal considering you could pay $7,500 for an oil change on a Ferrari. P1 International offers a similar service.
StorageByMail offers an interesting service for people looking to store their stuff. How does it work? You send your stuff through the mail (USPS) to the company's central warehouse and they store it for you. It doesn't look that affordable on the surface. However, when you load in the full costs for alternatives like self-storage and the price isn't bad. Good option for people who need to store a small amount of stuff for a short period of time.
http://www.storagebymail.com/