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Technology Stocks : NFLX Moderated Thread
NFLX 494.73-2.8%Aug 7 4:00 PM EDT

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To: grusum who wrote (101)7/24/2017 7:26:17 AM
From: J.B.C.  Read Replies (1) of 123
 
I guess anything is possible. NETFLIX hasn't had the best business sense, just see the DVD/On-line split a few years ago. So I'm quite sure they can screw up again.

I've watched a bit of their original content, for the most part it has been excellent. It definitely doesn't follow the formulaic pattern of mainstream tv.

On the other hand, cord cutting is in its infancy. That and international expansion leaves a lot of opportunity.

But for me, I invest thru technical analysis almost exclusively (Point and Figure Charting), Netflix is trending up, let your winners ride. Right now NFLX should be held according to what I see. Although i am anticipating sideways for a while here.

Jim
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