Apr. 20 at 9:11 PM
$NFLX Everyday regardless of stock price Netflix continues to print cash, grow subscribers, increase margins, grow its AD business, raise prices, create content. The lower the price the better the value, those who were FOMO’ing at
$108 and had no problem paying for Netflix at that price should be LOVING
$95.. I bought yesterday at
$97 and if we’re still here in two weeks you best believe I’ll keep buying. Anything under
$100 is a steal. There is no company that has the Netflix business model. Wall Street is upset because guidance was what? 6 cents softer? lol what a joke. Still growing mid teens and for a company of this size that’s respectable, just think a couple years ago margins were high teens to low 20’s now we have margins pushing low to mid 30’s, and they’ll keep growing.
What’s the next catalyst? Price hikes for Canada & UK which are always a couple months behind the US, then Western Europe followed by Latin America.
