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behindthebid
Jul 18, 2019 1:50 PM

Netflix $NFLXis Finished Growing. This Might be the Forever Top Short

Netflix, Inc.NASDAQ

Description

Today Netflix missed its 5 million subscriber growth BY HALF! This certainly could be a sea change for how people see the company.

So many competitors coming online. Hulu, YouTube Premium, Disney+, Apple TV+. If they can't keep subscribers now, how will they when the space gets really saturated.

On a valuation standpoint, the company is VERY expensive, trading at 50x forward earnings and has 10B in debt.
Comments
ogdabber
It’s a shame, As a user, I like how NFLX operates more than all other platforms... pulling for new HBO to come thru!

Will be good short!
transparent-fx
nice to see you share your perspective, i share very valuable content, i'm sure you would take value from it, check it out if you wish
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