Stock price today: $517
One year ago: $490
I'd say they are ahead. I cancelled them too, but they don't care.
The problem with these companies is that their entire revenue model is based off printer cash, and you can NEVER beat the money printer to make revenue. So really, CNN, Netflix, whoever the fuck could tank tomorrow, be sued into oblivion, have zero subscribers, and still be solvent. Killing this beast is a bigger task than it seems
The sad fact is, NF is hugely popular. Even my very right-wing housemates watch it for the Bigfoot documentaries, while they moan about the majority SJW programming. They also smoke weed 24/7, which I bemoan as nigger behavior.
Believe it or not, you can use a utility and not let it program you via propaganda. I get it for free and watch once in a great while, mostly documentaries and nature shows. I very very rarely watch any new series or new movies since they all have an agenda.
Plus, there are issues that this article completely dismisses but are relevant. Netflix does periodically lose millions of subscribers and then regains them. It’s not uncommon at all for them. This number might be higher than usual, but it’s nothing they can’t handle. They’ll get most of them back.
It’s yet another case of lazy journalism being plastered here. The writer himself mentions this periodic subscriber loss, but didn’t bother to dig into what the numbers normally look like and how quickly they rebound. Just how unusual is this number? Is it a lot higher? Only a little bit higher? Is it seasonal? Instead he just shrugs it off because he has a narrative.
“It could be this ... but trust me, it isn’t.”
You know, what we normally criticize leftists for doing.
There is no critical thinking left anywhere. Anywhere.
Yeah but with a 61 P/E ratio and EPS of 8. Ha
I don't disagree with your principal, but PE is totally worthless in stock trading these days. We're in full blown jew mode
Edit: Whats twitters PE?
They don't have a P/E ratio because they haven't made any money yet. Making there stock price even more ridiculous.
As if I know what that means
Basically, they are earning $8/share. The P/E ratio of 61 means their stock price is trading at 61 times earnings. 61.6*8.26=$508, current stock price. In 2020 they had revenue of 25M. So basically these fucking idiots that invest think at some point Netflix will have revenue of $1.5B. Which would be laughable if we weren't in clown world.
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