Dude read the press release. Despite their and Cramers best efforts to convince you otherwise...they missed. Negative earnings this past quarter (unless we don't account for actual expenses). Negative cash flow. Dilution of shareholders as 2.3 million shares being issued today. They are gowing at just under 18%, but they are spending more and more on marketing to get this growth. This is a company that should be trading for $48. The risk is huge.
The average account is watching 1.5 hours a day...but it costs $65 million to produce 13 hours of House of Cards...they have a huge expense issue if you actually ignore the "story" and look at the facts.
Yes, all true ... but that does not change the price. The price is the price and the market is a scam ... wait a minute... I have an idea. We should stop calling it " the market". We should start calling it "the scam".
Now people can say. "I just gambled $20k on the scam" instead of saying "I just invested $20k in the market." Maybe it will catch on.