Topic: Investing in Netflix
Ks !KansasxqvM started this discussion 15 years ago #12,097
Netflix was a Wall Street star until the jarring July 12 announcement about its prices. Its stock rose from about $50 at the beginning of 2009 to more than $300 in early July. Since backlash to the price increase, investors have grown disillusioned. Netflix's market value has plummeted 53 percent from its high, wiping out about $8 billion in stockholder wealth. On Monday, the stock shed more than $11 to close at $143.75.
Wait for it to bottom out and scoop up some. I'm seriously considering it, I may not be able to pick up a shit-ton of shares, but some is better than none.
(Edited 58 seconds later.)
| Poll option | Votes | Percentage | Graph |
|---|---|---|---|
| Go for it. | 4 | 50% | |
| What the fuck are you thinking? | 2 | 25% | |
| I don't give a shit, and sprite. | 2 | 25% |
Depressionman !0oDERPONYY joined in and replied with this 15 years ago, 28 minutes later[^] [v] #217,785
www.stagevu.com and the like will put Netflix out of business