I definitely want to invest in this soon...I don't see Netflix going below $65...is now a good time to invest?
If you believe it will not go below $65 why are you asking the question? What makes you believe it will not go below that? Are you guessing? Do your charts tell you that?
One lesson I have learned is never trust anyone but yourself.
but now, traders have pushed it way down. I think their service has actually got better since last fall. More programs, more movies, more new selection. I am sure 90% of the people owning shares of nflx probably don't even pay for the service. Its sad...
also forgot..about all the insider purchasing this week
they have a great selection of tv shows but they have movies that nobodys cares to watch.. movies from the 80's and 70's.. new releases are very rare. heck the new releases have been the same for 3 months now last time i checked. I also caught the service down a few times on my appletv
Check out the insiders $14.5M in two trades last week. I'm thinking of jumping in here with some June 80-85 calls if we get a market pullback this week.
Looking at this 5-yr chart shows that this is not the first time NFLX has seen 80%+ drops from highs. Hopefully humans will become even more lazy and we'll slowly take RedBox out of the question...
Or is a 5-yr chart not good to see LT trends (I'm thinking 3-5yrs for me)???