Netflix Inc (NFLX)

[sheeponwllst]

Netflix has more subscribers than cable accounting for 40% of television people watch currently...

I think there is still a lot of future price added to the current price, there's a trend of getting rid of cable. Look at ATT on a downtrend. They bought direct TV over a year ago and put together a cheap package but what they forgot is no one likes satellites.

Everyone who doesn't have cable most likely has Netflix and a lot of people with cable have Netflix.

Look at the price of Tesla with the model 3 coming out. They don't have much money but the price reflected the future price. One week of Volvo saying they are going fully electric vehicles and a safety concern with the model 3 that won't be released until the end of the year has caused over a 10% drop in 1 trading week. I was suppressed they closed green Friday.

Plus Netflix cut some expensive shows and they still have a good line up. But the tech industry did well today. We were just at all time highs for multiple tech companies recently including Netflix. I think this is just another rebound happening...I've been doing well with call options no matter what they just keep going up, and when I think that's a high they break it! This is crazy IMO