Dipped after earnings..
Just don't go all in on a single day.
Oh definitely - Netflix still has room to grow. Wall Street just got too excited for this quarter.
Dont forget Netflix has ridiculously high p/e which means it needs to grow at a high pace, which no longer seems to be happening.
Yeah but p/e doesnโt take into account reinvestment. If you do p/e+reinvestment then itโs still underpriced.
In this case reinvestment doesn't mean more money, it's more for survival. Its not like amazon where more investment directly translates to more revenue. Netflix needs to produce more content to survive not expand. All they can ask for is rate increases.
No sell and run...not for youu
Well it recovered as if nothing happened
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