The Investment Thread (10 Viewers)

[B4YOU]

Dang, park a cool million and $72k and state tax free. Would be nice, lol.

I-bonds are limited to 10k/yr.

 

[jboss]

It's so incredible how algorithmic and orchestrated this entire process is. Even the CEOs are in on it, with their conveniently timed narratives and news releases that just so happen to sync up with what's coming on the charting patterns.

It's almost as if the stock market is not for people like us. Weird

 

[GrandAdmiral]

It's because they are all on airplanes instead of watching Netflix.

Guidance was terrible and will probably keep tanking until the fall. I thought about grabbing some really cheap puts today expecting this but then got busy. Sucks because that would have been a monumental play. I honestly wasn't expecting it to drop that much but 10% was kind of what I had in mind. The report and guidance was even worse than I was expecting.

Yeah. Wondering if I should take what profit I can now and dump my shares.

 

[St. Geezy]

AMC Weekly Chart, compared to the Parabolic Arc charting pattern.

 

[Turfie]

AMC Weekly Chart, compared to the Parabolic Arc charting pattern.

I see similar things too. I just hammered BBBY at the morning dip just now. Their shares outstanding has been updated and it’s just under 82 million.

 

[Turfie]

Can you tell when the US stock market opened today? Does someone need money?

 

[Turfie]

Netflix is down 68% from its November highs. Crazy. Lots of stocks are down 50-69% since that time. But not nearly the weight of FAANG stock

 

[SaintInBucLand]

So what is the reason for the huge numbers of subscribers cancelling Netflix?

 

[DaveXA]

So what is the reason for the huge numbers of subscribers cancelling Netflix?

Sheet catalog and not much good content lately. And the competition is getting better. I still have NF but I'm about to cut em. Haven't used them enough to justify the cost.

 

[GrandAdmiral]

Netflix is down 68% from its November highs. Crazy. Lots of stocks are down 50-69% since that time. But not nearly the weight of FAANG stock

Yep. Taking my remaining profit today.

 

[St. Geezy]

Whole market taking a dump today.

Who actually buys this "We are expected to lose 2 million more subscribers" Netflix narrative?

 

[bclemms]

Whole market taking a dump today.

Who actually buys this "We are expected to lose 2 million more subscribers" Netflix narrative?

Netflix is trying to get ahead of the downfall.

Problem is netflix has increased pricing 250% in 24 months. They have very little valuable IP. They experienced a huge surge during covid and got customers they probably wouldn't have had otherwise. Competition is becoming fierce in the market and they lost a lot of content to that competition. On the movie side, they have gone with creating low budget movies with low budget actors and paying bar musicians to cover hit songs just enough to avoid having to license, etc, etc. It gives instant content but then fade to obscurity really quickly.

All the people that unplugged so they didn't have to pay $100/mo cable fees are now paying $20/mo to netflix, $65/mo to youtubetv, then have Disney, Amazon, HBO, Peacock, Discovery+, etc, etc, etc.

Netflix avoiding sports and live tv is going to really hurt them.

What we are likely to see is Netflix slowly expanding globally and then peaks and valleys in the USA/Europe. People are going to cancel and resubscribe a few times a year. Watch the content they want to watch then kill the subscription, rinse and repeat.


Whole market isn't taking a dump. The DOW, SP and small caps are all up. What is taking a dump is all the stocks with insane evaluations and stocks that benefitted from Covid restrictions.

 

[Turfie]

Netflix is super intriguing. I’m not smart enough to figure out how they can boost sales or sentiment right now. But they already have a great built in opportunity.

They are “in” so many homes right now. I’m fully aware of password sharing issue. But without it I don’t think they would be in as many homes right now.

Sentiment right now is the lowest for Netflix since I can remember. But it wasn’t that long ago that they were among the hottest topics in entertainment. House of Cards, Tiger King. Chappell stand up.

A sports move would be great. If they could buy the Redzone channel. That would be something.

 

[St. Geezy]

Wen FBI investigation?

 

[St. Geezy]

Netflix is trying to get ahead of the downfall.

Problem is netflix has increased pricing 250% in 24 months. They have very little valuable IP. They experienced a huge surge during covid and got customers they probably wouldn't have had otherwise. Competition is becoming fierce in the market and they lost a lot of content to that competition. On the movie side, they have gone with creating low budget movies with low budget actors and paying bar musicians to cover hit songs just enough to avoid having to license, etc, etc. It gives instant content but then fade to obscurity really quickly.

All the people that unplugged so they didn't have to pay $100/mo cable fees are now paying $20/mo to netflix, $65/mo to youtubetv, then have Disney, Amazon, HBO, Peacock, Discovery+, etc, etc, etc.

Netflix avoiding sports and live tv is going to really hurt them.

What we are likely to see is Netflix slowly expanding globally and then peaks and valleys in the USA/Europe. People are going to cancel and resubscribe a few times a year. Watch the content they want to watch then kill the subscription, rinse and repeat.


Whole market isn't taking a dump. The DOW, SP and small caps are all up. What is taking a dump is all the stocks with insane evaluations and stocks that benefitted from Covid restrictions.

Or it could simply be a market maker under duress needing to liquidate a large portion of their most heavy and profitable positions.

Of note - Netflix's largest stakeholder is The Citadel.