Netflix is $42 billion while the Asian world pirates every movie before it even comes out...You have to be utterly insane to invest in Netflix
They report tomorrow after the bell. I have been trying to divine Tuesdays action all weekend. Everything I feel tells me they head south. But the game is so rigged. If they go up.... then they will flatline at that level and then go up again. At some point, this is going to be the greatest short play of all time. My instincts tell me that the above is not going to be the case. But do I have the balls to play it short tomorrow? No. Thats OK though..... you old timers have heard this one......the old bull and the young bull. "lets walk down the hill and fuck em all". I pray this bitch goes up..... cause I am gonna make bank on the short side when it does. Problem is.... its gonna gap down in a HUGE way Tuesday..... but I can't take the chance on the contrary. Slow and steady wins the race.
Are you ready for Netflix earnings? I still think that it's a good choice for long term. Do you agree?
Some people don't lose time and buy NFLX at an affordable price. And I think they are right in this. The uniqueness of this service doesn't cease to bring pleasure, and the number of subscribers will be increased more than once.