Nflx perdicts it's worst quarter drop 10+%

Discussion in 'Stocks' started by RGLD, Apr 20, 2021.

  1. RGLD

    RGLD

    Last edited: Apr 20, 2021
  2. JSOP

    JSOP

    Marketwatch is a stupid paywall now, just so you know. Guess everybody's tired of watching Netflix and has realized that it's lot more fun to play the stock or options market. There is a 50% surge in option trading this year continuing from last year. The surge in trading activity is so huge that OCC is considering lowering the clearing fees on each contract: https://www.businesswire.com/news/h...gest equity derivatives clearing organization.
     
  3. I'd wait a little. They had a big miss & lower, which tends to precede post-earnings announcement drift. Wait for 35x forward 2 year pe.
     
  4. RGLD

    RGLD

    Do you think Netflix already has a rough solution to this? As-in they predict they're not gonna get more subs so they'll probably rise the subscription cost again to make up for it.
     
  5. KCalhoun

    KCalhoun

    I might daytrade a bounce premkt
     
  6. vanzandt

    vanzandt

    It's the N in Faang.

    .... No opinion however.
     
  7. Overnight

    Overnight

    I'd say Netflix is a buy now with it's drop. The more autonomous cars that come onto the road, the more people there will be who will sign up for NetFlix to watch movies behind the wheel of their autonomous cars.

    Sad but true.
     
  8. RGLD

    RGLD

    I got a DWI in an autonomous car. Pretty sad.
     
  9. Overnight

    Overnight

    Indeed. I guess the autonomous system in your car did not follow the speed limit, or stay in the lane.
     
  10. RGLD

    RGLD

    None of those. Apparently having a self driving car still doesn't exempt me from the drinking rules.

    Maybe you should mention this on your show so nobody else who thinks logically would get pulled over.
     
    #10     Apr 20, 2021