People sign up for streaming services to watch content that they enjoy and entertain them. They do not sign up for streaming services to be indoctrinated by Socialists, Communists, radical Islamists to accept their views and values. For all the talk of Russian and to a lesser degree Chinese propaganda----these extreme liberals are engaged in trying to brainwash most Americans to accept their radical agendas. They have done that to great success in US schools where students have been dumbed down and most accept the extreme liberal agenda taught and reinforced daily on them by teachers and radical school administrators. Parents have themselves to blame for allowing their kids to be brainwashed. It is only now that parents are waking up to the truth and fighting back.
Netflix, hehe.
- Thread starter The_Krakenite
- Start date
People sign up for streaming services to watch content that they enjoy and entertain them. They do not sign up for streaming services to be indoctrinated by Socialists, Communists, radical Islamists to accept their views and values. For all the talk of Russian and to a lesser degree Chinese propaganda----these extreme liberals are engaged in trying to brainwash most Americans to accept their radical agendas. They have done that to great success in US schools where students have been dumbed down and most accept the extreme liberal agenda taught and reinforced daily on them by teachers and radical school administrators. Parents have themselves to blame for allowing their kids to be brainwashed. It is only now that parents are waking up to the truth and fighting back.
When NFLX was DVD-only, I think you could rent any movie. It would take a day or two to get the DVD, but you probably could watch what you wanted. That might have been true in the early streaming days as well (I don't really use the service, and only started rarely using it in 2015). IMO, I would rather have a disc by mail service where I could watch whatever I wanted even if it took a day or two to get the disc vs. what they have now. HBO max does the same. They movie companies that supplied NFLX, AMZN, and HBO with content likely got greedy or decided that they wanted to launch their own competing service. So instead of being held hostage and paying increasingly more for content, NFLX and HBO tried to rely on their own content. Some of it might be ok, but I suspect most people would just prefer no original content, but watch any show or movie they want.
You do know that there are color televisions nowadays?
Speaking of Color... remember 10 years ago when you walked into Futureshop or Best Buy, and you couldn't even find a normal TV, it was only 3D TVs and were the wave of the future. Suddenly they seem to have vanished, even FutureShop is gone from the face of the earth. .
That said, I slept in today, but noticed that NetFlix recovered a little from this morning, floating just above 220 now, so I shorted another PUT going out to December. In all probability, despite the falling US economy this year, do you really think NetFlix will still be at a 220 firesale by the end of the year? Not very likely. And for 4K in margin I get a 3K payout just for sitting on my ass. Haha.
Kind of hard to not pick up the free money. If I get assigned end of the year I'm still ok with that price.
Looks like the NetFlix scare is pulling the other streamers down into the vortex today as someone guesstimated last night.
That said, I slept in today, but noticed that NetFlix recovered a little from this morning, floating just above 220 now, so I shorted another PUT going out to December. In all probability, despite the falling US economy this year, do you really think NetFlix will still be at a 220 firesale by the end of the year? Not very likely. And for 4K in margin I get a 3K payout just for sitting on my ass. Haha.
Kind of hard to not pick up the free money. If I get assigned end of the year I'm still ok with that price.
Looks like the NetFlix scare is pulling the other streamers down into the vortex today as someone guesstimated last night.
The best part of Netflix is still the dvd/blu ray rentals. They have the 70's grindhouse movies, the Akira Kurosawa films, the blaxploitation movies, the spy series (ie Tinker, Tailor, Soldier, Spy tv series), and whole lotta of things you won't find on the streaming.
Yes, there is a difference between the words film and movie.
And yes, I am using the zero plural form of the word series.
Yes, there is a difference between the words film and movie.
And yes, I am using the zero plural form of the word series.
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I bought Cdn cdr for NFLX at 12:11 pm ( $8.99 ) as a day trade. Currently holding at 9.29. Out at 9.22 ( +$460 ). Just a side trade it hit 9.4 then reversed.
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Superbox.
I hit again at $9.10 sold at $9.25 to avoid overnight ( +$300 ). I suspect it'll open ok tomorrow.
Ackman gives up on Netflix, taking $400 million loss as shares tumble
(Reuters) -William Ackman's hedge fund Pershing Square Holdings Ltd said on Wednesday that it exited its Netflix Inc investment as the streaming service's stock price plunged and the billionaire investor absorbed more than $400 million in losses on the bet.
The shares tumbled 35% on Wednesday to close at $226.19, just 24 hours after the company announced that it had lost subscribers for the first time in a decade.
Ackman, who had become the company's most prominent backer when he said he bought 3.1 million shares in January, reacted quickly and boldly - selling everything.
"While Netflix's business is fundamentally simple to understand, in light of recent events, we have lost confidence in our ability to predict the company's future prospects with a sufficient degree of certainty," his hedge fund said in a statement.
https://finance.yahoo.com/news/ackmans-pershing-square-sells-netflix-224251151.html