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Started By
Message
re: NETFLIX stock in free fall
Posted on 3/29/18 at 11:40 am to Walkthedawg
Posted on 3/29/18 at 11:40 am to Walkthedawg
quote:
Walkthedawg
To be fair, the guy made a pretty idiotic statement. It's really easy to transfer a balance from one credit card to another when opening a new account, and you can often get a pretty great introductory rate for balance transfers. Closing a credit card account doesn't at all mean they were keeping a $0 balance.
That being said, people who pay their balance off every month make a LOT of money for credit card companies. Every vendor who accepts that card is paying a fee for that card's use. There's literally no way to think about credit card transactions and come to the conclusion that people who maintain a $0 balance are a nuisance to credit card companies. You'd have to be an idiot to come to that conclusion.
This post was edited on 3/29/18 at 11:42 am
0
Posted on 3/29/18 at 11:49 am to Walkthedawg
Already cancelled my subscription. Was annoyed with constant price increases already so this was an easy call.
Posted on 3/29/18 at 11:50 am to Walkthedawg
Up 133% since Trump took office. Still above February's lows. Operating income up well over 100% YOY comparing 2017 to 2016. EBIT up over 75% in same period...
Sounds like they are in really deep crap
The Susan Rice deal won't phase buyers one bit. People that are successful in the market check politics at the door. Netflix is a company in good financial shape that provides a popular service.
FB and GOOG however might be in deep crap. If the Feds sink their teeth on them on how they use data, FB and GOOG become nothing more than a platform for selling add space.
Sounds like they are in really deep crap
The Susan Rice deal won't phase buyers one bit. People that are successful in the market check politics at the door. Netflix is a company in good financial shape that provides a popular service.
FB and GOOG however might be in deep crap. If the Feds sink their teeth on them on how they use data, FB and GOOG become nothing more than a platform for selling add space.
Posted on 3/29/18 at 11:55 am to rintintin
quote:
I don't get why people are getting excited about these tech companies falling. Y'all probably use the majority of their products everyday.
Rejecting technology is one more thing right out of the Taliban playbook.
Posted on 3/29/18 at 12:12 pm to LSU0358
quote:
The Susan Rice deal won't phase buyers one bit. People that are successful in the market check politics at the door.
True they check their own politics at the door, but they don't ignore a potential negative effect resulting from the political beliefs of others, eg, customers, investors.
I'm not saying the Rice issue will or won't hurt it, but you're saying definitively that it won't and your reasoning is faulty.
Posted on 3/29/18 at 12:21 pm to Havoc
quote:
customers
Look for decrease in subscibers
quote:
investors
Look for price below the Feb low
quote:
reasoning is faulty
My reasoning is that the above two won't happen, so no, it isn't faulty. If this current move down drops below the Feb low or if a quarterly release reports drops in subscriptions than I'll change my tune.
Posted on 3/29/18 at 12:56 pm to Walkthedawg
I bought into Netflix at around $130/share, so I'm not too worried.
Posted on 3/29/18 at 1:02 pm to Iosh
quote:No, that is yet another example that proves that you can’t have a free market with government involvement. Walmart doing that is no different than amazon profiting off of loopholes they use.
Does bribing city councils to declare areas "blighted" for eminent domain purposes count as a loophole?
Posted on 3/29/18 at 6:38 pm to LSU0358
Nonresponsive. Did you even comprehend my post?
Posted on 3/29/18 at 6:40 pm to Iosh
quote:
Free falling to the dark days of ... last month
Oh noes! How will they ever recover?
Posted on 3/29/18 at 6:46 pm to Havoc
quote:
Nonresponsive. Did you even comprehend my post?
Yes, I comprehend your post just fine. I just don't agree with it at this time.
The most important part of your post is in bold:
quote:
but they don't ignore a potential negative effect resulting from the political beliefs of others, eg, customers, investors.
At the moment, there is no market reaction that can be tied to the Rice issue.
Posted on 3/29/18 at 6:59 pm to Walkthedawg
I canceled mine last night.
Posted on 3/29/18 at 7:01 pm to rintintin
quote:
Don’t understand why NETFLIX stock falling
Plain and simple cause Barrack and Michelle Obama plus liar Bengazhi Susan Rice have been appointed to the Board of NETFLIX
Posted on 3/29/18 at 7:17 pm to Spock's Eyebrow
quote:
Rejecting technology is one more thing right out of the Taliban playbook.
This is just mother fricking stupid.
They hired Susan fricking Rice.
Pay attention, don't be simple.
Posted on 3/29/18 at 7:53 pm to LSU0358
quote:
My reasoning is that the above two won't happen, so no, it isn't faulty.
It's faulty because no one knows if it will or won't. You're speculating.
And I already pointed out how your earlier statement was incorrect. Politics has as much of an effect on the market as anything else. True, a smart investor won't base his investment decisions on his own politics, but he will evaluate the effect that politics has on others that may in turn effect the company. This is basic shite that you seem hung up on.
quote:
At the moment, there is no market reaction that can be tied to the Rice issue.
Well that's not even true. There's some market reaction that can be tied to the Rice issue, just not much.
You've got to stop speaking in absolutes if you want to sound intelligent.
Posted on 3/29/18 at 7:55 pm to rintintin
quote:
I don't get why people are getting excited about these tech companies falling.
I think in 2018 its ok to like some companies and others not so much.
Posted on 3/29/18 at 8:50 pm to Walkthedawg
I dropped my account beginning of Jan, 18...maybe I initiated it? Dammed leftist; no more Netflix, Amazon, ... Pretty soon, I'm gonna have an antenna wire sticking out the top of my TV!
Old man and out!
Old man and out!
Posted on 3/29/18 at 8:51 pm to Walkthedawg
I cancelled that shite when they didn't renew It's Always Sunny. It's my go to fall asleep show. Now have Hulu.
Posted on 3/29/18 at 8:53 pm to gthog61
quote:
This is just mother fricking stupid.
They hired Susan fricking Rice.
Pay attention, don't be simple.
Don't be such a fricking snowflake, comrade.
Posted on 3/29/18 at 8:55 pm to Yak
quote:
Have fun today at that small business crushing, loophole using store called Wal-Mart
It was once a small business too and it saves me money.
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