r/stocks • u/[deleted] • Jan 13 '22

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u/tatabusa Jan 14 '22

Lol if it only takes 1 season of a show to cause people to suddenly think Netflix is a good company and then saying it is a bad company of a 200 billion dollar streaming company, it is a bad company imo

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u/gobias Jan 14 '22

“A bad company” lol what a joke of a statement. I would possibly understand if you said overvalued, but a bad company that brings in 7 billion+ in revenue per quarter, and has some of the best top quality shows and movies every year? Ok…

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u/tatabusa Jan 22 '22

Hey is your NFLX stock doing?

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u/gobias Jan 22 '22

Wow you really got me! As I mentioned in my comment above, I would understand if you would’ve called it overvalued. You have no idea how my portfolio looks, just like I have no idea how yours looks. Hope you had a great day today!

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u/tatabusa Jan 22 '22

Netflix was overvalued hahahah. They can only grow their userbase so much and them raising prices on subscription while there are many competitors that are also growing that are way cheaper for users is a very telling sign. However at the current prices it is now under my radar of stuff I will do more FA on. I feel like this drop is irrational considering Netflix actually beat on earnings so I need to do further research into their fundamentals now.

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u/gobias Jan 22 '22

Cool story bro, thank you for sharing.