Netflix finally heading where it's supposed to: the dump... this remains the most overvalued FANGAM stock (and one of the more overvalued big stocks probably)... this should easily return to 260, where it stood ahead of the misguided November rally, but it should probably go much lower than that in the near term... longer term, it could be a decent company, particularly if they manage to stay ahead of the pack. This is the reason I may go long at one point, but right now, their balance sheet and outlook are horrid for the current valuation.$Netflix(NFLX)$
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