Quote:
Originally Posted by Fuzz
Netflix just felt oversold to me, given the pre-pandemic pricing was above where it crashed to, and that it still had opportunity to monetize that they hadn't taken advantage of. I figured once they announced some of the stuff they did, it was bound to get a bit of a bump back to it's $300 range. I definitely didn't think it was going near the previous $700 high, and still don't think it will.
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It was definitely a buy options when it dropped. Its a hard decision as even if it has good fundamentals, market thoughts could cause swings on a stock like this. Even now I don't know whether it will go up or down once they start an ad based stream and crack down on sharing.
Quote:
Originally Posted by Strange Brew
So what is your next pick?
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maybe as for next like a netflix stock, it is all the tech stock that is knocked down and has better valuations, I hate to say it, but a stock like Meta could be something to look at even though nobody really likes them now (maybe because no one likes them).