their bond rate is junk. and running out of money. now they are going to use the final method to release the new shares. so enjoy the short party. lol
Until it becomes a bear market, it will be a difficult short. If you absolutely, have to catch the the start of the bear trend for NFLX, then it will be obviously difficult. Waiting for a catalyst is just fortune telling.
You can always buy a put/ debit spread, or increase your chances of success by selling a call spread. That will give you plenty of leverage on top of defining your risk. Stocks like Netflix are volatile, and can literally explode on good news. If you get caught on the wrong side of a gap up you can lose some serious money.
Netflix has some challenges ahead. The company's primary viewership strategy of limited, free content that relies on viewers binge-watching cannot be considered a sustainable growth strategy. Netflix is under pressure to create the next blockbuster. Competition for subscribers Internet TV has grown at a fast pace and so established media and tech players (Internet companies, cable providers and networks) are expanding into it. Tech giants looking to enter the streaming market have piles of cash from their core businesses and Netflix will be hard pressed to compete with them. Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) have leveraged their huge customer bases to get viewers on to their video streaming and internet TV platforms. YouTube is also in the paid streaming space with YouTube Red. Netflix is cash-strapped The company is limited by a highly unscalable business model. There is going to be heavy spending on content and customer acquisition in the US. Producing and licensing successful shows is going to be very challenging and the economies of scale are very difficult to achieve. Netflix is by all means a "cult" stock and is going to face a lot of downside pressure going forward. It will be interesting to see how things play out as Netflix is yet to face the challenge of sustaining its hype.