SA: Netflix is a Fragile House of Cards, Wow, great article!
And it really tanked the stock when it came out at 11:42.
Bounced back a bit but should close near lows thanks to this VERY persuasive article.
How longs and shorts must read.
Then after you'll have no excuse for not being on the right side.
First, what large tutes would want shares at this inflated price.
The last time they issued a secondary was late '11 at $70 to TR Price after it tanked.
You might get some interested close to $100 now.
4-5M subs in traditionally weak 1Q is beyond fantasy.
There's a better possibility that HoC netted zero new paying subs, just one month freebies to consume part or all of it then poof, nothing to show for a $100m investment.
Streaming live sports? Do you know anything about the cost of that?
Major networks pay many billions per year for that!
Are you talking about college soccer or something of similar limited interest like much of Netflix content?