Netflix stock has dipped 25% and the company has hit the ceiling in terms of user growth and has very bleak future prospects with lot competition from emerging players. #Netflix
I personally am holding off a bit. I think there’s more downward movement coming but they’ll recover. I wouldn’t count on them getting back to 650 for a while though
Don't catch the falling knife
read your statement again.. you will get the answer :)... my answer is NO
Indeed.. PE is still so high. Will think about Netflix when it reaches 150. Maybe I do not have to wait for long.
Stay away. The real issue is, as a subscriber, the price to value has been moving in the wrong direction for at least two years. Content quality has been going down (personally have found it hard to find interesting shows for a while now) and prices go up.
yeah, I am not even sure why I am paying them.. I watch like one movie in a month.. no good content, I agree..
Nflx will be under $100 by August
Will you buy PayPal? If yes, then you can buy NFLX too, after waiting for a bit.
At these levels, PayPal actually has a lot of upward potential. I’d say we are undervalued at this point.
@lstm How do you equate buying nflx with pypl? They are different business no?