NFLX is already back up to 494 and they're still well above their yearly lows from back in march. There has also been a massive tech selloff in the stock market over the past few weeks in general and this dip your seeing has very little to do with Cuties.
I hope Netflix pays the price for its behavior as much as the next guy but at least post accurate information with some proper context.
Netflix is such an oddity in terms of stock price anyway, even at the trading firms it’s a head scratcher how it’s lasted this long.
This isn’t one to make bets on. It’s proven to be invincible to pretty much all logic and continues to spend despite being $12b in debt. As someone who works in trading id leave this one alone.
And its P/E is 83. Its selling at 83 times its revenue. Thats a lot of faith in a company that has more and more competition every day. I'm not a stock expert, I just think Netflix is over-rated to an extreme.
NFLX is already back up to 494 and they're still well above their yearly lows from back in march. There has also been a massive tech selloff in the stock market over the past few weeks in general and this dip your seeing has very little to do with Cuties.
I hope Netflix pays the price for its behavior as much as the next guy but at least post accurate information with some proper context.
Netflix is such an oddity in terms of stock price anyway, even at the trading firms it’s a head scratcher how it’s lasted this long.
This isn’t one to make bets on. It’s proven to be invincible to pretty much all logic and continues to spend despite being $12b in debt. As someone who works in trading id leave this one alone.
And its P/E is 83. Its selling at 83 times its revenue. Thats a lot of faith in a company that has more and more competition every day. I'm not a stock expert, I just think Netflix is over-rated to an extreme.