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At Netflix......Red is the new black...

MGLICKERMGLICKER Posts: 7,995 ✭✭✭
in Precious Metals
Stock is down $123 per share or 27% after hours.

Reason I bring it up is one could buy a roll of silver eagles with a share of NFLX.

Now it is worth only 15 silver Eagles.

Comments

  • cohodkcohodk Posts: 19,132 ✭✭✭✭✭
    That stock has been over owned for a long time. The chart patterns were terrible.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>That stock has been over owned for a long time. The chart patterns were terrible. >>



    Agree on that. 120 PE stocks often begin well but rarely end well.
  • cohodkcohodk Posts: 19,132 ✭✭✭✭✭


    << <i>

    << <i>That stock has been over owned for a long time. The chart patterns were terrible. >>



    Agree on that. 120 PE stocks often begin well but rarely end well. >>



    Except that the PE was 120 all the way from 40 to 400. High PE stocks can make investors rich.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Déjà vu

    Dot com crash of 2000. History repeating.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>

    << <i>

    << <i>That stock has been over owned for a long time. The chart patterns were terrible. >>



    Agree on that. 120 PE stocks often begin well but rarely end well. >>



    Except that the PE was 120 all the way from 40 to 400. High PE stocks can make investors rich. >>



    Twice we agree. image

    Entry and exit points are the key.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Interestingly (and this is speculative), 98% of the population still views Netflix the same way. One show at a time image
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    Netflix is driving its stock down with higher product prices.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,132 ✭✭✭✭✭


    << <i>Netflix is driving its stock down with higher product prices. >>



    The best cure for high prices.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,824 ✭✭✭✭✭


    << <i>

    << <i>Netflix is driving its stock down with higher product prices. >>



    The best cure for high prices. >>


    The best cure for high stock prices. image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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