Posted by DigiNomad on 18th of Apr 2024 at 01:14 pm
NFLX pricing in a massive earnings move today. I don't
have a good feel for it one way or another. I think the
password sharing crackdown was the right move at the right time,
but that boost is going to play out at some point. I cancelled my
membership as I have been looking to pare unnecessary sub costs and
only have time for 1 streaming service at a time (I'll rotate back
at some point). Households with kids probably stuck with
multiple, but now > than 50% of Americans are single and very
few having kids. The long SAG strike didn't help. They haven't been
updating shows...
Rev projections are HIGH and it's already expensive. They
will probably get whacked if they don't beat and raise.
Posted by DigiNomad on 18th of Apr 2024 at 05:21 pm
NFLX - looks like the part I got right was that the boost from
password sharing crackdown is going to play out at some point. The
are not going to be reporting sub adds after this quarter (I wonder
why. Haha).
yeah not sure I have any conviction here either, it's sitting
just above the 50 day MA major support where it could pop up for a
5th wave, however the 9 and 20 MA's have flattened out which means
it's also more vulnerable to a breakdown instead -
basically the stock is at a breakpoint where it's either gonna bust
down or pop up. Yeah I know I'm saying it could do this or
that, but what I'm stressing is that it's at a critical junction
for a big move, and seems like could go either way here
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NFLX pricing in a massive
Posted by DigiNomad on 18th of Apr 2024 at 01:14 pm
NFLX pricing in a massive earnings move today. I don't have a good feel for it one way or another. I think the password sharing crackdown was the right move at the right time, but that boost is going to play out at some point. I cancelled my membership as I have been looking to pare unnecessary sub costs and only have time for 1 streaming service at a time (I'll rotate back at some point). Households with kids probably stuck with multiple, but now > than 50% of Americans are single and very few having kids. The long SAG strike didn't help. They haven't been updating shows...
Rev projections are HIGH and it's already expensive. They will probably get whacked if they don't beat and raise.
NFLX - looks like the
Posted by DigiNomad on 18th of Apr 2024 at 05:21 pm
NFLX - looks like the part I got right was that the boost from password sharing crackdown is going to play out at some point. The are not going to be reporting sub adds after this quarter (I wonder why. Haha).
yeah not sure I have
Posted by matt on 18th of Apr 2024 at 01:21 pm
yeah not sure I have any conviction here either, it's sitting just above the 50 day MA major support where it could pop up for a 5th wave, however the 9 and 20 MA's have flattened out which means it's also more vulnerable to a breakdown instead - basically the stock is at a breakpoint where it's either gonna bust down or pop up. Yeah I know I'm saying it could do this or that, but what I'm stressing is that it's at a critical junction for a big move, and seems like could go either way here