$NFLX stop hit on remainder of shares +2.00 per share profit. Trade closed for now. I will look for possible new entry
NFLX
- Thread starter Phill Twist
- Start date
$NFLX - Approaching Attractive
$NFLX Will attempt a short at the purple.
How do you guys think what is the real price of the stock, based on the fundamentals?
if your time horizon is long enough, it should offer good growth, I'm finding its a cable alternative, some consider to cut the 100-150 cable costs and pay only 10-15 for video on demand entertainment. Its a no brainer, subscriber growth will actually increase in tough times.
yea and its working in conjunction with crucial support levels needing to hold on the S&P and WTI Crude and the USD...trading getting interesting these days
you don't see any competition at all in this industry?
It's a branding concept. My kids and household have been using it, it's user friendly. Just as there are many smartphones out there why does AAPL do so well. Netflix has captured a fair share of the market and it will do its best to beat its competitors. International growth is where they will be ahead of their competitors. Partnering and offering local interest video on demand. I haven't even looked at the other on demand services. Most TVs purchased came with the application preloaded.
$NFLX had a tough time in 2014 and early 2015 near $70. Is that where it's headed? Looks pretty clear on the weekly chart.