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Jim Cramer says, “Cathie Wood is the kiss of death. That Coinbase call was embarrassing.” Cramer also famously made a buy recommendation on Netflix NFLX, which has since dipped 70%+. Between Cramer and Cathie Wood, whose market calls do you trust?
Jim Cramer says “Cathie Wood is the kiss of death. That Coinbase $COIN call was embarrassing.” Cramer also famously made a buy recommendation on Netflix $NFLX which has since dipped 70%+. Between Cramer and Cathie Wood, whose market calls do you trust?
NFLX is a garbage company? News to me. Having said that, if you want to choose to go all doomer, in my eyes at least, the doom outcome doesn’t look like 2008 to me at least for now. It looks more like 2000-2002. Not all recessions have to be a 2008, that’s just what’s freshest in memory for folks.
BONUS, another bullish bulletpoint is that the it appears that the entire Communications Services sector could get a bounce which NFLX is part of. \- GOOGL is splitting which the apes will buy into. \- DIS and META both have hammer candles for the week so appear to be bottoming, and while most of the QQQs have made their run this week, these guys are just getting started and have plenty of fuel technical wise.
DISCLAIMER - i am really long NFLX Something technical happened last month that is so rare that I have only ever seen it happen twice in other stocks over a span of 20 years. This is a MONTHLY chart and the May candle for NFLX closed outside of the range of the Bollinger Bands without touching or retesting the low line. [NFLX](https://imgur.com/zAxRoMp) I have only seen this with AMD back in 2018 [here](https://imgur.com/yfe1Hae) and it retested the monthly 5 SMA the next month. Both times, even though technically the second circle does not fit the thesis model, retested the monthly 5SMA And CHGG in DEC 2021 [here](https://imgur.com/le82IIX) which is retested the BBand low and the month closed ugly but eventually retested the 5SMA two months later.. ​ NFLX lower Bband is sitting at 197 and it has been retested, but the SMA is 275. The next week is very important, it could rocket like a ship up toward the 5SMA ala AMD's chart or if the week closes ugly, calls two months out for around 220 should print if theory holds true. And earnings would be the catalyst that should send price north regardless of what they say.
Sure, NFLX is a lot cheaper than what it was, but why do you think it’s a better buy than PARA and WBD? Both are growing much more quickly, have lower PE ratios, positive cash flows, have content libraries spanning a century, and own multiple blockbuster franchises.
Current macroeconomic environments are not very friendly to growth companies, especially growth companies that have stopped growing. It could be an interesting idea to start a position into NFLX once FED becomes more accommodative in their policies.
I’ve been saying for a few years, now that anyone can launch a streaming platform Netflix is no longer a streaming company. They are a content creation company now. And beside Disney (which one could argue is more than just content creation) none of the content creators really trade at “sexy multiples”. Impressive what NFLX has done, dominating the rental market so quickly then pivoting to streaming, the pivot to content creation though will be an even more monumental task though.
Ah, yes. They bought for about 37k per bitcoin. Right now the mark to market loss sits at 750m USD. Hard to say if that is priced in or if it will be a negative kicker that might lead to a downward surprise. The market has shown no mercy when the perfect growth chart gets a dent. Just look at META, NFLX and AMZN. I doubt that the reaction with Tesla would quite as dramatic but I would not bet on it..
Dude you can make it back. I was down -$23,000 right before December 2018. And after 1 fed week and few NFLX and AMZN options later in two weeks I was up +$40,000. Transferred $30,000 in the bank and lost the remaining $10k few months later. Slowly I started transferring again from my bank $1,000 at a time after transferring $6k I again made $20,000. So the game goes on. Don’t give up.Keep playing and one day you will hit it big.
Worst thing that happened to me was nailing Meta and NFLX puts on Earnings, made 30k between them. From that point forward every trade i made i was looking for life changing money and itching for action. I made that money so easily it didnt feel real so i didnt appreciate it.
I'll just comment on your pick of NFLX. NFLX's stock drop has been brought up as a 'sign' so often M. Night Shyamalan should look into copyright infringement. Particularly in relation to mega-tech. NFLX got wrongly associated as a tech-giant with the likes of AAPL simply from an off-handed initialism grouping by Jim Cramer. The subscriber wall NFLX hit was beyond foreseeable, e.g. success/competition by DIS+, Paramount+... and every '+' by nearly all media conglomerates with access to the Internet. We as an informed investment group have to let the meteoric rise/pricing of NFLX stock go. NFLX's price drop was justified & shouldn't saddle other companies by simple associations.
NFLX bears can suck it it’s at least worth $200 Why? Why? Because as todays house meeting proved the old powers that be that guide markets don’t fuck with sling, quibi or whatever new shit you come up with. To them, NFLX is the comparison to every rinky dink service. Oh and also you think the people that bought at $400 are gonna sell here? Lol nope. Short term bounce
What I'm saying is you invested 300k and you have only a little more than 300k. Meanwhile, the market has gone up 60%. >And are you saying that you don’t consider profits from one stock to balance up losses from another in your portfolio? Almost. I'm saying that if you count gains as offsetting losses, then the losses are gone, but so are the gains. That's what offsetting means. If I have a $20 debt and I pay it with $20, I have 0. I don't still have $20. If you lose your ass on WMT and make it all up on NFLX, then you can't say you made money on WMT. You have to say you lost your ass on WMT. This concept doesn't change if you instead make the tickers match. You can sum different lots to calculate how much money you have. But don't sum them to make yourself feel better about losses.
You guys, I’m not gonna lie. I sold my TSLA $905 7/9 at break even after 4 days of being down 50% and up 100%. Saw the headline that the factories are “burning cash” and said even sounds like a fair deal. Now I got NFLX calls cause that shit is way over sold and look for a back to $200 bounce at least
This years market gives me hope I can still someday sell puts for a living. Haven’t ate a loss all year selling mostly weeklies. Unlike 2020/2021 where I chose shit tickers like GOEV and AFRM, this year it’s been nothing but mega cap industry bellwethers like BA, NFLX, FB, BABA. They all said to fear a bear market but I fear a bull market more now as a put seller. Maybe someday after years of saving all my money and adding it to my portfolio because I live with my mom and my living expenses are almost nil, I can just tell girls “I write put option contracts” when they ask whah I do for a living. So I can see the stupid fucking loook on her face as if I just spoke some foreign language to her and she doesn’t judge me for being a security guard
>\*Arrangements With Netflix Could Involve Exclusive Agreements and Revenue Sharing, Sources Say -- WSJ \>\*Netflix Seeking to Sell and Serve Ads Around Its Programming to Boost Revenue -- WSJ $CMCSA $NFLX [twitter.com/DeItaone/statu…](https://t.co/QJh1uEWK9V) ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-06-22 ^14:09:23 ^EDT-0400
>The growth story is over in streaming as is seen with $NFLX share price. I would say the saturation of users in NFLX might be over for their growth, but HBO Max / Discovery+ would have a ways to go to get their with runway still to grow on. Also, WBD is super serious about cutting costs and keeping the content budgets on track and reasonable, Zaslav seems to be taking that side of his promises super seriously so far.
It cost too much to create content in order to increase market share. There are too many streaming services. I also totally missed that AT&T is one of the most largely held stocks by boomers & institutions. And all of those $T shareholders were given Discovery stock which none of them wanted so of course they sold. The growth story is over in streaming as is seen with $NFLX share price. Buying market share with increasing interest rates does not work in this market. And I am not so sure TV streaming is even a growing market anymore and it is already too saturated. I will hold the $WBD shares I received form the $T split but I am not adding anytime soon if ever.