garbage!!!!wheres 400
In the rear view mirror for a couple of years at least.
NFLX is a good, established large cap company. Its value multiplier is that of a successful small-to-mid cap with crazy earnings momentum.
Those prices were sustained mostly by wishful thinking, what might turn out to be a momentum tech stocks bubble, and a slight bit of cultishness amongst its investors (see also: Tesla).
Nothing wrong with NFLX as a company. A lot wrong with its current valuation.
If you are stuck long and underwater, and are refusing to bail, consider buying puts as a hedge.
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