Netflix is up 15% after hours. Comments?
Should have bought more. I'm super bullish on it. I see market cap at $500B
The premium is insane, check out $MU and /r/wsb
With the upcoming competition from Disney and other companies, I can't see Netflix being worth that much for much longer. Disney has already started pulling the marvel shows, and they have some really great IP already.
Disney and AT&T have huge media libraries, just massive libraries of beloved classics and new content. If Disney and AT&T really chase this, Netflix will have good competition. I feel that Amazon may be the one hurt by this mainly... $120 for 3 day free deliveries? Not worth it without all the extra perks.
It went down and erased all gains for the week. This stock is trash.
This company fucks.