NFLX earnings. Adding many more millions of subscribers or did competition get them this time?

[S2007S]

So netflix earnings are next week and of course the big number is always subscribers and how many they added

So my question....

Is anyone thinking that since millions of people are home that Netflix probably added more accounts this quarter than probably the last 2 combined and not only that, but don't you think going forward into 2020 that numbers for new subscribers would drop greatly because of the fact they added so many accounts in such a short time frame because of the quarantine?? Wouldnt new account subs be readjusted downward??


Or maybe during this quarantine instead of netix grabbing new accounts it went to all other streaming competition????

These earnings are going to be very interesting to see.




Those projections made on Jan. 21 called for Q1 revenues to climb 27% to $5.73 billion on a year-over-year basis, and earnings per share to jump a jaw-dropping 118% to $1.66.

 

[Atikon]

Boost I think, quarantine got them even more PPL and with docus like Tiger King I don't see them taking a dive any time soon even with Disney around

 

[xandman]

The bulk of those will cancel in two months.

 

[Atikon]

so Mr. S just woke up, after the boyz pulled it up 100 pts.

you see why the dumb money always lose now? you see the beauty of the boyz theory now?

where were you 100 pts ago, when it was obvious that nflx would have a blockbuster no pun quarter?

because the dumb money always think with the shit the boyz feed from their media machine.

how laughable is it now, for the people making bear calls in the past weeks? please, if you can get the general direction THIS wrong, might as well quit yesterday because you apparently do not understand how the market works.

lol, wtf are you on about? I bought Netflix at the Dip

 

[S2007S]

The bulk of those will cancel in two months.

Tonight's news might actually push those stocks that have been in rally mode like nflx and amzn

As soon as this quarantine is lifted many will be done with streaming movies and shows for a while and amazon won't get as many orders for "essential " items.

 

[00wreckless]

Tonight's news might actually push those stocks that have been in rally mode like nflx and amzn

As soon as this quarantine is lifted many will be done with streaming movies and shows for a while and amazon won't get as many orders for "essential " items.

Or, new permanent habits have been formed streaming Netflix content and ordering essentials on Amazon.

 

[S2007S]

Or, new permanent habits have been formed streaming Netflix content and ordering essentials on Amazon.

Those habits were already there. They were just heightened by the fact people were quarantined into their living space for a month. As you can see after hours amazon and nflx are NOT participating in the mega rally.

 

[00wreckless]

Those habits were already there. They were just heightened by the fact people were quarantined into their living space for a month. As you can see after hours amazon and nflx are NOT participating in the mega rally.

Agreed, but you must admit both AMZN and NFLX had their own mega rally this week.
I have a GTC order to sell both bull call spreads on AMZN and NFLX because they are in the money and I have no idea which way it will go! Might be a good time to sell volatility next week.

 

[Cuddles]

I want to advise every struggling trader -

unlearn everything. what you know is shit, what you have learned from the vendors the books the news media... everything you know is shit.

in the past weeks I can count on 1 hand, the folks here who actually read it right, who actually have the independent thinking ability to see what the game truly is.

dozu, give it a break

 

[1957may10]

Those habits were already there. They were just heightened by the fact people were quarantined into their living space for a month. As you can see after hours amazon and nflx are NOT participating in the mega rally.

Sure you are right.
However, Netflix will report 4/21 and guess what it will be great data...
Netflix will strike to $500 I guess, +$70 would you buy it for short term?