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.
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.