close, bank of america climbing higher after reported better than expected earnings, extraordinary move brian moin hang will be on mad money with jim cramer tonight exclusive interview, you don't want to miss that. i shall be rushing home to make sure i can watch it. >> you'll be covering goldman sachs tomorrow >> yes fast money starts right now, live from the nasdaq markets overlooking new york city's time square i'm melissa lee. tonight on fast, banks breaking out. financials the best performing sector today as earnings are underway after you hear what the citigroup ceo said, you may be buying two new cryptos could be coming to a coin base near you the company announces plans to diversify its platform adam white will be here to tell us which ones could make the cut. we start off with netflix and

ill, get it, not netflix and chill. the stock absolutely crushedp the laws of gravity suddenly being applied. let's get to julia borssttin with the details the stock now down over 13%. the company added 5.15 million subscribers in a quarter that's more than a million short than the 6.2 million the company projected it would add the shortfall coming from the u.s. and overseas. netflix forecasting lighter subscriber growth in q 3 than expected they looked at 5 million new subscribers in q 3 reid hastings did not attribute the shortfall to any increasing competition, but rather, challenges to their own internal

forecasting, he did address growing competition head on, saying, he believes there's room for multiple properties to have attractive offerings for consum consumers. we'll have analysts reaction coming up later in the show. >> julia thank you just to recap, netflix is down 13% after hours that is the size of cbs double the size of viacom what do you do with the stock here that is a significant number to me, comes back to this. april 6th, they provided a good quarter. what happened from april 16th until today? i guess the good news is that it's not due to competition in his words. it's due to some internal forecasting methods. that makes it hard than to be

bullish next quarter how can you trust anything they say. good for carter who's going to be on. he had talked about a move of this magnitude happening, i can't say this is a buying opportunity. when quite frankly maybe some things intern ali have changed >> i don't think we've been wrong, the stocks still up 80% year to date the story is still in tact in my opinion, missing the subs on some internal miscalculation, if you will opinion want to hear more about that on the call, this is a global media company, and i don't think one quarter like this is going to derail the story. want to hear what they say in the call i'd be a buyer on weakness under any circumstances here >> so this quarter they missed, you're saying, this is a one quarter thing, already they're talking about lighter next quarter than the street had anticipated. i don't know if that's sandbagging or what. >> at one point --

>> i think it takes multiple quarters to derail the story, people are looking at this as a global media play, not just for the quarter -- >> >> look at what it's doing to the stock? >> i get that. if you're modelling this company out. you're going to model out to 2025 a growth manager isn't going to say at this point -- >> that will far out, a growth manager doesn't know i would submit it's more difficult to forecast with this change coming. if there's a change in hulu, don't tell me it's going to have an impact on netflix >> if there's a change we don't talk about it much. i think the direct to consumer

is very much a part of what the media landscape is falling all over itself to compete with netflix. good for you guys. 10 1/2 times to ev the next 12 months the stock is expensive relative to itself. 2013 i thought the stock was expensive, and i've been wrong ever since i just -- to me at this point. we heard -- the streets seem to be catching wind of this a couple days ago, citi had a memo out, some people pointed to an fx gain in the first quarter that was generous, there's a lot of good news here. >> let me ask you one thing. on may 31st, the stock was right here if you had known on may 31st, that this was coming, would you have felt comfortable owning it? >> given the fact that it's had

the run. if i knew this yesterday i wouldn't feel comfortable. may 31st, given that guidance and that sort of -- 100% i look at this story and say, one thing that rings truer is what he did. what reid hastings commented on. it's not competition that's derailing the story. it's not a zero sum game, it's not a winner take all environment here you could have multiple venues where people are going to have hbo and netflix. prime subscribers are much more likely to have a netflix subscripti subscription i think it's about content, they are reigning from that standpoint >> do you think this story is about original content >> i think it is >> netflix doesn't come close to disney or fox. >> how about the emmy nominations? >> sure. each one seems extraordinary for a company that came from nowhere and is producing their own

stuff. they're using a.i. to learn what we're all doing, ear people can do that too. this is not a content play if it is, throw a disney multiple on it there's things that people are missing here no question, disney took back their contents for what reason so they can track and mark et merchandise in a totally different way. they took it back, they have it on their own platform. they can cultivate that in their own way. >> when you say product? >> selling products against their theme. >> why are we talking -- >> their ability to do that in the future -- >> orange is the new black, i'm going to have an orange is the new black doll >> there's a way to monday ties that going-forward >> you're talking about monetizing data, though. >> correct >> if that's your argument against disney

>> i don't understand why that enters the conversation for the valuation at this point? >> i'm saying there's other p k pockets of monday etization that they can tap if i saw what i saw today last quarter, the stock was exactly at this price, i would be a buyer in the stock >> david's been spot -- >> the quarter concerns me, it's a significant miss in terms -- there's no way around that, whether it's competition or not, we can have that conversation later this is what this quarter does in my opinion it prohibits them, if they were thinking about doing a price increase, they can't do it now based on this quarter, it will wreak of desperation tough me it will send the wrong message. our next guest called the netflix decline on call to action on friday >> this part, where it's gone

parabolic, at issue now is whether we're at risk of breaking that steep intermediate down trend line. i think netflix has downside risk >> where does he see netflix going now. what does this mean for fang >> each one is a bit different this is reminiscent of red hat it dropped exactly 14% on its earnings miss a week and a half ago. here's the after hours move, post earnings, down exactly the red hat move this is that well defined up trend line what we know is the trend as is so often the case has been virtually perfect. over and over and over

and then today, we were -- and on friday, just starting to hover at trend and cut below, and what we know is, we have this a huge after hours miss. so it jumped to google if you can remember what was on your eye there we're just breaking trend. plenty of down side i would think for netflix. look at that, perfect. red arrow, how much lower? you know, it's anybody's imagination. if it can drop 14%, it can drop 18 but google let's talk about google. this is a different setup, not an extended circumstance but something of a well defined pattern. a head and shoulders bottom with the prospect of breaking out above the approach for the third time another draw, would be the cup and handle well defined tops in a common

level and the bet is, we're going to push up and out >> we know google's been an up trend the last four or five years. only recently has it made any change on the s&p. just now, after 3 1/2 years, we're starting to outperform the s&p. i think the setup applies to i breakout the relative is just breaking out. i think google's probably going to be okay on its earnings >> i think there's no question carter comes over given the brilliant hall michelle will bring the chair in thank you, michelle. so carter, this may be sort of a theoretical kind of question, not strictly technical analysis. do you finds the validity of technical analysis is dampened perhaps because of etfs, we'll

see a big down draft in netflix, and that brings the group down, does that make the reading of the charts more difficult? >> what's interesting? in the 20s and 30s there was talk that the cindy cats would bully stocks. and now the patterns haven't changed. they change trend, they break trend. it may be accentuated. the principles are unchanged >> susan rice joined the board this they announced president obama and his wife were going to be contributors. maybe this is based on the fact that as polarized as the country

is, maybe people stepped away from netflix because of that that's a valid explanation we have a news alert on amazon we want to get to let's go to kate rogers for the details. >> as you might recall, for the past two hours, amazon had been experiencing glitches on its website, and app when users tried to search and purchase items for prime time amazon came out with a statement saying, some customers are having difficulty shopping and we're working to resolve this successfully customers have ordered more items compared to the first hour last year, there are hundreds of thousands of deals to come, and more than 34 hours to shop prime time, if you can call this up there, this is what people were seeing, sorry, something went wrong messages but not what customers were looking for. the stock was down around 2%,

since this all began >> kate rogers, thanks so much the stock is down by 1 1/2%. what are you looking at? amazon is the same thing if something is extended, crowded. expensive. at some point you need an incremental buyer. could it be amazon next? that is the nature of, when you're priced for perfection, have you to keep being perfect with your results. >> you seem to be okay with price perfection and think things can go higher >> yeah, i look at amazon and say, people aren't in this story because they're expecting earnings growth or anything like that right now they want to see top line in the business they're investing in. in my opinion, it's a bye. you stick with that name with regards to netflix, now, i mean, netflix the story was, reid hastings always setting it

up this quarter, obviously they had some sort of issue that's leading them to a weaker number, i want to hear more about that it doesn't mean that one quarter is complaininging the narrative. >> if you're a trader, it means everything >> should we be worried about the fang trade, which has really held the markets up for all intents and purposes >> yeah, i mean, i think we should for tomorrow, i think already they're trading poorly tonight. maybe there's money coming out of there, to me, alphabet and facebook is a different story than netflix i find them value where i can't say the same about netflix and amazon, nevertheless they're trading down tomorrow. >> i think netflix and amazon have given people confidence over the last couple months, i think if you lose some of that leadership, there's reason for it there is only so much of a price you can pay on stocks. nothing changed for amazon today in terms of business

a glitch on their sight no big deal prime day was supposed to be bigger than black friday, bigger than singles day, you name it, all wrapped up into one, people expected that. >> you made a big deal of closing above 2800 on friday, today we gave that up, do you think that this pressure on the tech sector coming from netflix and now from amazon could be further off. >> i don't think 2800 is so important. the top five stocks are worth now 4 trillion more than the bottom 270, so much hangs in the balance with these big names >> last word >> i think carter. >> that's why you watch, by the way, folks, if you haven't been -- that's why -- friday at 5:30, at the top of the show many i also believe you said 320 was the level that would touch back to that long time trend line, now we're within the crosshairs of that, well done, carter, and poorly done by myself >> thank you >> thank you

>> coming up, we have much more on netflix earnings, that stock getting crushed, following the huge subscriber miss, now down 14 1/2%. mr. netflix himself rich greenfield, the biggest bull on wall street will be here for instant reaction plus, better than expected earnings we'll tell you if this is the start of a bigger turnaround and later, bit coin showing signs of life after black rock said it was getting in on the craze. fast money friend kevin o'leary will be here to weigh-in we're live with the nasdaq market site in new york city's time square, lots more fast time square, lots more fast money still ahead. at cognizant, we're turning the industry known for processing claims into one focused on prevention with predictive analytics, helping them proactively protect the things

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which could save you hundreds of dollars a year. it's a new kind of network designed to save you money. click, call or visit a store today. we're finally getting to and hitting, and i think the fed's comfortable with their inflation target the feds reacting in a way that's positive, because the markets are giving it the room to do that i don't read too much into that right now. >> michael corbett made it clear he doesn't see the yield curve as a threat to banks or the market as a whole opinion financials the best performing sector today is this the start of a bigger comeback >> i hope so, this is not why i

was in it, for them to get to where they are right now if you're looking for places that are cheap, these are still very cheap i mean, it's not usually bank of america that sparks the group. and yet it did i think they had a particularly good quarter on both growth side and the expense side, but the whole sector is cheap, i like the story. the economy is growing maybe if momentum, if fang is out of favor for the moment. you have to wonder if people will look to the banks >> certainly it's very cheap historical, right at the bottom. in an economy in a very good place. i look at the sequencing of how this went through last quarter banks first day of trading, didn't go so well. if you want to follow the same allegory, you have plenty of fundamentals behind it, yeah, i think the banks continue to

move >> what really changed i'll tell you, my thing has been, banks slu trade about 1.7, 1.8 times priced to book, i'm trying to figure out why they've underperformed my reason is deutche bank. >> and finally it hasn't today >> maybe that finally gives some air cover to these banks deutche bank will report on the 26th, but they gave preliminary guidance today which aswathed some of the fears. i don't think that is the story. cnbc jim cramer will be sitting down with brian moynihan on mad money tonight you'll want to catch the exclusive interview at 6:00 p.m. it's a big after hours move. netflix is tanking the company conference call tops off at the top of the hour we'll tell you what to expect. i'm melissa lee, you're watching fast money on cnbc

here's what else is coming up on fast >> that's one small step for coin one joint leap for crypto. >> that's what some are saying about adding new coins to the platform we'll talk to the man driving that decision. deep thoughts with elon musk's twitter feed. sorry, you really did ask for it >> could his twitter feed be hurting stock? the traders will debate when fast money returns not that kind of break. oooh! that had to hurt. aflac?! not that kind of hurt. yeah, aflac paid us cash in just one day to help with our car payments and mortgage. aflac! perfect timing! see how aflac helps cover everyday expenses at aflac.com.

welcome back to fast money, the world's largest asset manager is thinking about going crypto leslie is live from 30 rock with the details. >> the excitement in the crypto world, and there was plenty of it today, began with london based financial news black rock, the world's largest agency et manager has set up a

working group to study ways to take advantage of the crypto market, that sent the price of bit coin higher today, amid lots of chatter on twitter. a source told me black rock has formed a working group, but back in 2015, the firms views haven't changed, that the 3-year-old working group was set up to share information and stay smart on the issue black rock has a working group that meets to exchange information we have been looking at block chain technology for several years. chairman and ceo larry fink told bloomberg that not a single client has inquired about crypto

back in october he called bit coin an index of money laundering, black rock manages $6.3 trillion in assets, about 2 thirds of that is in passive instruments like index funds and exchange traded funds. black rock raked in about $20 billion. the firm disclosed alongside earnings this morning, down more than 80% from last year, the question is whether crypto is a new avenue for growth at black rock >> thank you >> are we witnessing peek etf? let's asked the man who has created and manages a few of his own etf's. it's always great to speak with you. are we witnessing peek etf or does this speak to the increased number of participants offering etf's in the markets? >> i think people categorize etf's as asset class

market cap weighted indexes, they are still the lions share of the aum in the last couple years, this concept of actively managed etf's has come to the front, that's where i'm intrigued as someone who invests, if i can find a great manager, an institutionalize their philosophy into an index, it's cheaper, way more tax efficient. i don't want to own the russell 20,000 there are so many companies that don't make any money you have to say, you're the indexer of this fantastic index that's performing now. i don't want to own all the stuff that's unprofitable. it doesn't get the tax benefit, and you have a lot of reach in there. make me an index that gets me the profitable companies and they did, there's only 338 of them out of the 2000.

i own them that works for me. >> when we hear. it comes to black rock, inflows into i shares were the lowest since the second quarter of 2016, that's not a statement you think of the etf industry, that's a statement as to what black rock offers versus its competitors? >> they are the bow heam edge ship and they have every index there is, including all the blunt instruments. i can see if markets go flat or have a draw down, you're going to see fund flows out of those, if you can solve a person's problem by creating an actively managed philosophy you're going to continue to get money in there we're at $4 trillion here, it's going to keep growing fp. >> we are we were just having this conversation about netflix. are we going to see that pressure because not only are there -- the people who just want to buy the q's, but the people who want to buy the more specialized

etf's like the fang plus, the momentum etf all the things that own netflix as a top holding there's so much overlap here, if there's a drawdown, it's going to affect a basket of stocks >> let's take the fang stock getting slaughtered tonight. either you believe in the philosophy of what they're doing or you don't if you do, wait for the three-day wash out, there's going to be all kinds of research tomorrow that's going to slam this took. and average down am i going to change my mind about netflix at this point in time no they missed the number like they've missed the number before their numbers internationally look fantastic >> is this going to be a new avenue of growth for the industry, in your view >> have you been fielding

inquiries, hey, kevin when are you going to do your own >> no, no. my take on this is, institutional money is not going to go there yet for one basic reason compliance and the regulatory environment. until crypto is intriguing the swiss announcing an exchange for krip foe all this stuff is interesting, but until you know with certainty if you're an asset allocator and you're running a sovereign fund or doing a pension plan for some state. you're not going to put a dime into this stuff. the regulator is not on board yet, we have to wait until that happens. you need to know, it's transparent, and compliant then you'll see real money the dialogue i've noticed on bit coin in the last 60 days has changed. it's starting to sound like the pioneer with the arrows in its back, because people are saying

it's not the definitive platform any more that is the yesteryear story right now. i guess you don't own bit coin >> are you >> i don't know how to do that that's the way i look at it. >> black rock would be foolish not too figure out a way toe get involved here. this could be the differentiating factor when it am coulds to performance, when you think of passive versus active, you think about understanding this -- >> that's the only place you can collect fees right now you can price this product >> this will become a legitimate investing class, you have to be

intelligent on it. still ahead, more crypto, coin base is exploring a handful of new coins including stellar and cardin know plus, it is the story, the big story of the after hours session. netflix getting crushed following the big miss on subscriber growth. we'll lkta to rich greenfield. more fast money after this in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. ayep, and my teeth are yellow.? time for whitestrips. crest glamorous white whitestrips are the only ada-accepted whitening strips proven to be safe and effective. and they whiten 25x better than a leading whitening toothpaste. crest. healthy, beautiful smiles for life.

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welcome back to fast money call it the tesla hangover another wild weekend on twitter for elon musk. musk denying allegations that he was a big gop donor and in now deleted tweets, insulting one of the rescuers of the thai boys and their coach. mike coe has the action many. >> we saw the ratio was 40% above average. those are the putts that expire this coming friday, we saw over 4200 of those trading for around $2

those are bets tesla could fall to 288 by the end of the week. that's representing a $2 decline. >> what's crazy about this whole thing, elon musk could be tesla's greatest asset and greatest liability at this point. what do you do you want him to sort of shut up at some point when it comes to this stuff >> we want him to shut up on the bad stuff, and be vocal on the good stuff >> you're going to get both. that's just the cards you've been dealt for the technicians out there, this would concern me. it's made a series of lower highs now for the last year and a half, two years. that's a problem 280 has been a line in the sand, now this gives ammunition back to the bears to push to the down side, i think at this point, given no catalyst in the horizon at least, positive, maybe we retest that 280 level again.

especially in light of what just happened with knit flex. you throw all these names in the same bass kwet >> thanks, mike. coming up, new coins may be coming to coin base. the man driving that process is joining us on set 37 we're monitoring the move on netflix, that stock getting crushed on earnings we'll hear from mr. netflix himself. is the bull story over see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

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a handful of crypto currency is surge iing bob is at the new york stock exchange with all the details many hi, bob >> coin base keeps improving they're considering adding five new coins to its platform, including cardano and z cash and zero x which will be joining bit coin, bit coin cash and light coin on their platform not surprisingly, these proposed coins were trading up anywhere from 15 to 25% on friday night, after that announcement was made many of these are down big time. bear in mind we're dealing with tiny market caps right now, cardin know and stellar are at

$4 billion each, well below $1 billion for z cash and zero x. bit coin has a $114 billion market cap the company made the announcement late friday after the bell both publicly and internally that's important remember back in december of last year, bit coin cash was added to coin base and the price surged several hours before the announcement was publicly made, that led to some allegations that insiders may have traded ahead of the announcement. they said their policy prohibits employees and contractors to trade on material nonpublic information. they also said they would not hesitate to terminate the contractors who traded on nonpublic knowledge. >> adam white joins us now on set.

>> welcome to fast money would i imagine trading volumes have dried up. is adding new coins a bid for the platform >> we're focused on building the exchange volumes today are lower than they were at the end of q four in january the idea is simple, our customers want it. we are building a product that our customers want about they say we love the fact that we can trade on coin base, but give us more exposure to assets. >> is there another set of criteria now that you have the coin base fund is adding an asset to the fund an indirect way of saying we're bullish on these coins because that index fund is going to

carry every coin on the platform >> it's an indication that that asset is past our digital asset framework. you can look at some of the existing exchanges having listing standards, we built this framework as an objective rubric we share external, why did coin base decide to add bit coin or light coin or ether. >> people are talking about the money coming to this platform, i look at our firm and say the marketing aspect for us has been fierce what have are you guys seeing as far as fun flows >> this was driven by retail

investment what we saw throughout 2017 that conversation became more and more profound to the point where we've opened up a new york office we're in the process of on boarding our third tranche of initial investors. and probably just as importantly, coin based markets, a low latency engine being built out of a chicago office. all the those are incredible steps forward. they want absolutely the right regulatory structure around it as well. we're happy to announce we've required a series of broker dealer licenses. those licenses allow us to operate effectively a regulated custodian manager. those are things that are really important for institutions >> you heard kevin's interview earlier, right >> i did >> in terms of addressing the issue of bit coin, the market

share. forget the prices, what's happened to bit coin's market share over the last several months >> we tend to focus on developer interests, how many repositories, how many fov el applications are being developed? certainly a strong argument that a lot of that interest has moved to other platforms maybe some of the platforms we're starting to explore as well bit coin's market cap has probably decreased over the past year or so as well i don't pay too much attention to that. we were speaking backstage, he said, what's most important for me, three things, i need transparency, liquidity and compliance those are the three things we're working on, it's not going to happen overnight we have a couple big announcements, we have more that are going to put us on the path. >> that should make them differentiate. they're not differentiated in

how they trade when does that break when does that correlation break -- you know, i'm seeing more things being developed, so, therefore, atherium should trade differently than bit coin. >> how do we fairly value these new assets you can't use a discounted cashflow we're seeing a lot of interesting -- d.c.'s come out, place holder capital has introduced one, coming out of universities like stanford, some white papers as well people are valuing these assets differently. the core metrics, i think most people look at is what are the daily transactions, how much volume is moving through it. at the end of the day, these are open protocols that are there to facilitate the value creation and movement, that's what i think is most important. >> adam white, thanks. >> i don't think it's complicated to see what they're trading with, the correlation is basically all together

i think that continues, coin base, every time they make these announcements, those guys stand out. >> netflix tanking on earnings, rich greenfield the biggest until now. he will hbeere to make the case ahead of the conference call right after this short break hi, i'm joan lunden with a place for mom, the nation's largest senior-living referral service. for the past five years, i've spoken with hundreds of families and visited senior-care communities around the country. and i've got to tell you, today's senior-living communities are better than ever.

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>> after hastings said in his letter that he anticipates more competition from the combined at&t warner media company, and fox and the new parent company, whether that's disney or comcast. victor an tlon any telling us, this is a material miss on both company guidance and our expectations, which should challenge the sentiment on the stock. anthony saying we continue to remain on the sidelines. mikal pack is saying the stock is down because domestic editions fuel the cashflow losses everyone accepts that international is an investment mode, and their guide is wimpy as well, investors should be concerned by the ballooning balance sheet for content. the subscriber miss was a disappointment but does not move the needer on our thesis that international subscribers will march down the path to hitting between 90 million and 100

million sub describers a 2020. ives saying he would be a buyer on this weakness we'll have to see whether there's more of a reaction to what hastings has to say that video call starts at the top of the hour. >> julia, thank you. >> now to one of the most followed netflix watchers. rich greenfield joins us now >> great to speak with you >> thanks for having me fp. >> explain to me this whole forecast, the model that netflix missed by a million subscribers, the magnitude tells me whatever they're using is terribly not reliable >> i think one of the main things do keep in mind netflix has been pretty terrible at forecasting its subscriber growth they've had big misses, big beats for out performance relative to performance. if you think of all your

viewers. you go back over time, and look at what's happened the last two times netflix has missed a quarter in terms of subscriber growth the next couple quarters they outperformed they may be setting a low bar for next quarter that gives them room to outperform arch the disappointing number this quarter. i'd also keep in mind. the u.s. number they're problem letter on track to do five-ish million sub jibers that's unprecedented the fact that netflix is still growing at roughly 10% in the u.s. is an astounding number international has always been hard to forecast it's going to be lumpy those markets have tremendous potential over the next new years, in no way is this stock tapped out, it may have gotten a little ahead of itself, but i think the long term growth

potential is completely unchanged. >> i agree, the execution's been unbelievable but talk to us about the valuation, and when is enough enough and how much is that bryced in that's really the issue here, isn't it >> the stock had exploded past our $330 price target over the course of the last month, i mean, this stock has been a monster in terms of growth as people pile into it. as you look at growth potential, you look at how early they are in india, i would suspect that the total adjustable market in india is probably 50 to 100 million subscribers at least the u.s. is in the 50s, they have a market that is as large if not larger than india in the u.s., and they're just getting started. you think about where this stock can be in a few years, as they start to execute in markets like india, as japan starts to kick,

in you've seen it kick in in latin america, in france and germany and continental europe asia is the next frontier. we have not seen asia kick in yet for the numbers. and they're just starting to do original programming sacred games was their first big indian launch last week. they're very early in india. netflix has had some big negative swings when they missed before and it's created long term buying opportunities in the stock in the past. >> rich greenfield, appreciate it >> a call gets underway, or the web cast gets underway in five minutes time what do we do here >> i agree with everything you just said. will people not cut -- i think the market's giving them a pass on a lot of things they're in the ben ailty box now until next quarter's earnings. the answer is probably yes

i think it's in the crosshairs for sure you brought up susan rice being named ceo. should we consider that as maybe -- pressure in terms of -- >> that's a very good point, i don't think it would have an impact on the quarter, they talk clearly this had to do with some sort of internal way of forecasting the sub numbers, i would suggest it probably didn't have an impact, i wouldn't trade the stock based on that alone. >> what a slippery slope for them to try to figure out what is the right programming exactly for the base that we have. that's a difficult -- >> i don't think we'll hear from them, whether that happened or not. >> i think we priced this company like it has no coetiompitn, and that's the biggest issue here, and valuation. imagine traveling hassle-free with your golf clubs.

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when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade?

uhhh and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. final trade time tim? >> we stalked about google that's a chart to buy. >> nice move today great quarter from bank of america. >> i may be wrong in the very near term, but netflix, it's a no brainer >>. >> you don't sound too confidence there >> it may not work out >> you've both been right on the stock before >> yes >> bad was a character on happy

days >> i didn't know that much. >> the name of his gang was -- >> i don't know. >> do we have a final tre? tnksouch for watching thank you so much for watching see you back here tomorrow at 5:00 in the meantime, "mad money" starts right now my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want the make friends. i'm just trying to make you some money. my job is not just to entertain, but to educate and teach you so call me at 1-800-743-cnbc or tweet me at@jim carmel sometimes you just have to go against the grain.