What do you think about the recent developments around Netflix? Are you buying the stock?
$NFLX announced the takeover of rival company $WBD, which includes, for example, the streaming platform HBO. Paradoxically, this has had a negative effect on the stock and over the past month it has fallen by approximately 10%. Netflix shares hadn’t experienced any significant decline for a long time, but now it’s finally starting to get interesting.
Well, PARA and Trump — it looks like there could even be a reversal, and I wouldn’t mind at all if that deal fell through; then, with subsequent results, Netflix could be sold for a nice gain. I opened my position at the first drop after the announcement, and if it goes to 90 I’ll be buying more.
Shows like Game of Thrones and similar titles are what Netflix would need under its umbrella, and over a five-year horizon that would push Netflix several steps forward, especially combined with live sports broadcasts.
Anyway, I’m curious to see the next earnings and how this acquisition will turn out.
I'm buying every dip and starting to build myself a medium-sized position.
We'll see what Trump and the antitrust authority do, but Netflix's price is starting to look interesting.
I opened a larger position for the first time just last week. I really like the price and I hope it will only go up from here. I don’t see any reason for further decline — on the contrary...
Yep, I'll keep buying more.