Netflix Inc (NFLX)

[sokol]

NFLX’s PE ratio is something like 133, and its revenue is going to get wacked very soon. Paying the currently inflated price for NFLX stock - betting that it will be able to continue as it has done to reach an extreme — betting that it has a great future — is insane. As some DiscoverGold articles and the below sited Forbes article point out, NFLX’s glory days are over. Its days are numbered. Doing the same thing over and over - bidding the stock price up - is insanity. However, there will be investors that believe that this time this situation is different when it should be apprent that it is not. However, history will repeat itself, and there will be investors that continue to buy even at the top, which will come after the last overly enthustiac investor buys at these extremely high levels. Here is the Forbes article:

Netflix Has 175 Days Left To Pull Off A Miracle... Or It's All Over
https://www.forbes.com/sites/stephenmcbride1/2019/05/21/netflix-has-175-days-left-to-pull-off-a-miracle-or-its-all-over/?utm_source=newsletter&utm_medium=email&utm_campaign=investing%22&mkt_tok=eyJpIjoiTW1ZM01EY3hZek16WlRrMyIsInQiOiJKb1Ixbk1Oc1NaZ2w1aDVJWXoyaFhnRkErTFJqck9Rblh3aVNENkl5K29RUjJNckRzcU5OXC8waDJRZU5QN1FBNlc2aHVXYm5FR0k2dnREUk1YQWRSOXRmQU84MVZGbDFSb2F5Skl1U0xxUmtjYTVqSVwvMHJXdWRmeTdKSVwvVGxJciJ9#74ba364f75c4