Netflix is DEAD! πŸ’€

Intuit
TC - GTFO

Go to company page Intuit

TC - GTFO
Apr 19 17 Comments

Havoc on wall street! Worst bubble pop than dot com crash or the financial crisis. It seems every earnings release means a 25% drop for Netflix. What is going on? I am fairly confident other streaming services would be impacted too.

All of this despite Cramer putting a BUY rating just 3 months ago.

TC: $240k
#personalfinance #investments

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TOP 17 Comments
  • PayPal
    aaaaabbbbb

    Go to company page PayPal

    aaaaabbbbb
    You should have put β€œCramer” at the top so I would know to stop reading sooner.
    Apr 19 1
    • New
      kddn47

      New

      kddn47
      Inverse Cramer is proven to be a viable trading strategy
      Apr 19
  • OP has been living under a rock. Cramer’s buy signal means dump the stocks
    Apr 19 0
  • A Cramer buy rating = sell immediately
    Apr 19 0
  • Rabobank
    luckybunch

    Go to company page Rabobank

    luckybunch
    Worst bubble is definitely TSLA, waiting for it to pop
    Apr 19 2
  • New
    kddn47

    New

    kddn47
    Netflix doesn't reflect the sector's performance. Idk how analysts will take it, but that company has been in a pickle for a long time. They don't really have a meaningful differentiator from major production studios and premium channels, not now that everyone and their grandma has a streaming service full of content. Hell, I even built a web player with a mock CDN in a networking class through a university recently... Combine that with them hiking prices and threatening "group" customers with termination of service, no wonder they're sinking
    Apr 19 0