Netflix reported its results yesterday, which came in well, and it’s clear this company is simply a money machine. Sentiment is now negative and the shares fell by about 6% after the close, which I would view simply as an opportunity and a discount. I already own other stocks, but the business is really great and the valuation is interesting right now.
Will you buy shares of $NFLX today after the drop?
I bought 6 more shares today.
If the company falls to $80 or below, I plan to sell a small portion of Vici and buy more.
Not for me — firstly, the consequences of the planned acquisition are unclear to me, and secondly it seems quite overpriced. I’d consider it more if it fell below 70.
I agree. I bought more during the dip to about $102–$95 and thought that was the bottom. The position is roughly -15%, but I'm happy because I can buy more :D