All things STOCKS

[Thunder Good-Oil]

What do y’all think about shorting NFLX?

Buy some puts instead. But I wouldn’t do either.

I used to not like NFLX at all because they rent most of their programming. But they keep reinventing their business model. They now sell ads which could generate more revenue than subscriptions.

They also were smart to crack down on password sharing and creating multiple tiers to subscribe to. They are running away from the pack with streaming. Live sports might not be profitable, but likely grows subscriber numbers significantly as they acquire more game licensing deals.

Disney/ESPN is their biggest threat. Also Amazon is another competitor to watch. Time Warner Discovery if combined with Comcast’s cable network assets would be another big player.

 

[mrorange211]

Yes, was able to exit will small profit when it dipped to high 800’s recently. I saw something about a metric (maybe RSI) indicating only two similar previous times and both were followed by 40% drops. I’m Probably not going to do it. Still in waiting game on CVNA and RH shorts.

Shorting CVNA has treated me well. Im still eyeing them for a short, along with Wingstop and possibly Chipotle.

 

[loosedog]

Thanks for those who commented on NFLX.

The other shorts I have are maddening, but I’m convinced it’s not if but when the bottom falls for RH and CVNA. I’m in the red on both right now.