Quote:
Originally Posted by Hog's Gone Fishin
I think the market over reacted to the NFLX stock. they lost 600,000 subscribers and forecast 2 million more out of a base of 218 million. That's only 1% of the base.
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But once growth stops and goes in reverse, that's the kiss of death for a high multiple growth stock like Netflix.
A lot of other stocks sold off after market but this morning its only other streamers getting creamed, including, my DISNEY.
I'm down about $24 a share in that ****er.
