$Netflix(NFLX)$ I mean... +70% this month. It s time to see a pretty big correction. I saw a chart that represented how much money did they spend for new suscriber and they invested like 200$ for new subscriber. THey are losing money. Also Amazon prime, Apple Tv, HBO, are big names too. Netflix not the king of streaming anymore. Also piracy is a big threat for Neflix. I have sold my +30% profit now time to change paths and vision. Maybe we go back to 300$ this month. FED will talk in february...
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments