$13.30 (3.70%) Today
52 Week High
52 Week Low
7 Days Mentions
NFLX drunk spending, very little content worth watching. TV biz insiders laughing at wacky management for many years. Very easy to lose $, even for competent media company. Below $300 handle soon. Crude chart, historical, moving average trend, without garbage of last few years. How low will it go?
Family of 4 and we have NFLX, Max, Disney and recently added Apple which is decent. Think Peacock is free. And Prime with the membership. Shits starting to add up. Netflix is probably the last one I'd let go. Will def revisit nflx when the shitstorm dies down.
I will never forget watching Bill Ackman on CNBC on March 23, 2020 talking about how expects Hilton to go to 0, SPY 1500, etc.. At the very same time Pershing was closing all its shorts and going long.... [https://www.cnbc.com/2020/03/25/bill-ackman-exits-market-hedges-uses-2-billion-he-made-to-buy-more-stocks-including-hilton.html](https://www.cnbc.com/2020/03/25/bill-ackman-exits-market-hedges-uses-2-billion-he-made-to-buy-more-stocks-including-hilton.html) The guy is total scum and his PR frequently amounts to no better than a pump & dump. His quote is almost laughable "when other investors, whose time horizons are short"... Who knows when he'll unload these positions, but you can bet he'll be saying "I'm very long on NFLX" the very moment he's selling.
Tdoc is 60 now doesn’t mean it is oversold. Valuation is coming to realistic levels. I stopped paying NFLX to only watch stale korean content. Original content is not ther which can command 17$ /month. Better to buy tv and internet for 120$ with 10x content and live sports streaming
I don't know what NFLX gaming could be other than another avenue to burn more money. "All you need is a Netflix subscription — there’s no ads, no additional fees and no in-app purchases. (Don’t let the demogorgon tell you otherwise)." Obviously the plan is to take a cut from in-app purchases but it is harder than you think to make meaningful money from your platform as Epic Games and CDPR has shown.
True. But they did start in 1997 so it is a given that they have innovated to the point of overthrowing Blockbuster. I just meant that they don't have the same software innovation tendency that other tech companies show. If we take a look at Apple for example, they come out with totally different products which add greatly to their revenue stream after their invention of the iPods (iPhone, Apple Care, Apple Pay, iPad, Apple Pen, Apple Watch, etc.). NFLX has maximised their single product line but methinks they need to expand or they will just stagnate.
Only way NFLX can even meet current valuations is if they somehow find another way to expand their business beyond the video streaming sphere. Most North Americans have NFLX, most people in 1st world countries have NFLX but the subscription fee is regional. They have already reached the limit of their revenue stream for the current market. Idk but personally even a 30 p/e on NFLX is way too optimistic. They don't have a history of innovation and I although I am confident they will be around for a long time, I doubt they will continue growing.
There’s a lot of competition in the space. The fed was very hawkish. Indexes and futures are down. Tesla’s earnings call was a disaster. Realistically, NFLX will be a safe harbor during the correction. Bullish too strong of a word. Sideways is probably more likely
Bill Ackman is the guy that said hell is coming and to sell all stocks on CNBC. Meanwhile he did the opposite and was buying the dips. Dude is up there with Chamath as a pos scammer. Wouldn’t be surprised if he got caught holding the NFLX bag before earnings and now doing damage control to unload
Idk, its really hard to say. Wall Street has some very tough expectations for them currently. Also any company that gives poor guidance gets slammed. Apple for awhile now has not been giving any guidance and I think they might not next quarter either which is likely to hurt them. Regardless what happens it doesnt really matter to me because if the stock goes up I am not adding. If the stock tanks like NFLX then I am buying.
Ever since that cramer's tweet on NFLX, it's price dropped around 40% NFLX! BUY ! ![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)![img](emote|t5_2th52|4886)