Is Netflix going to die in the next year?

[irvinehomeowner]

NFLX flying higher.

Did I win this thread?

 

[irvinehomeowner]

….uhhhh…No

Uhh... you kind of did reversemidas touch it.:

I am out. $56 to $190. Good enough for me. I am not a greedy man.

Still a good run... but it could have been so much more.

 

[morekaos]

That

Uhh... you kind of did reversemidas touch it.:



Still a good run... but it could have been so much more.

That was me in my personal trading account…many of my clients still have it.

 

[morekaos]

Things that make you go Hmmmm…..

How much money you’d have now if you invested $1,000 in Netflix 10 years ago

If you invested one year ago

· Percentage change: 95%

· Total as of Oct. 16: $1,946

If you invested five years ago

· Percentage change: 145%

· Total as of Oct. 16: $2,452

If you invested 10 years ago

· Percentage change: 1,259%

· Total as of Oct. 16: $13,586

If you invested when Netflix went public in May 2002

· Percentage change: 65,420%

· Total as of Oct. 16: $655,201

How much a $1,000 investment in Netflix would be worth now (cnbc.com)

 

[morekaos]

Nice!

 

[irvinehomeowner]

So you're saying what here?

 

[morekaos]

doesn’t look like it’s dying anytime soon

 

[ThirtySomethingWEquity]

I interviewed at Netflix, and even though I didn't get an offer*, I can say they were my favorite place to interview and seemed like an *exceptionally* well run company. I can't say enough good things about them, and was impressed by everyone and how easy they made the process.

*I didn't an offer after trying to rush the director to make a hiring decision, because I had an offer from another FAANG, which I eventually took. So even though I'm quite happy at my current job, I think Netflix would be an amazing place to work.


One thing I realized while interviewing there, Netflix is a data company that happens to make movies/TV shows. The amount of engineering they put into knowing what to produce/make/license is pretty astounding.

 

[irvinehomeowner]

doesn’t look like it’s dying anytime soon

Welcome to IHO land. Next you will buy an EV.

 

[zubs]

do you mean i should have bought more?
well fuck me.

 

[morekaos]

Welcome to IHO land. Next you will buy an EV.

to be clear, I never said it was gonna die. Actually was and am long the stock. Bought my first positions in the $56 zone…

 

[irvinehomeowner]

If I remember correctly you sold those.

 

[morekaos]

Personally, I traded through that position on the first round, but I’ve been in and out of that stock numerous times in the last couple years. Remember, I only date I never marry. Love em and leave em….But a lot of my clients did keep it.

 

[irvinehomeowner]

Re-reading this thread is funny.

I went to check on Redbox and didn't realize they closed July of this year.

Long live NFLX... definitely not a MOMO stock.