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InsearchofStarfish
Santa Ana, OC, CA
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netflix down 30 percent?
Apr 20 2022 06:37AM more by InsearchofStarfish
Tags: Random

big hair cut as they lost subscribers

with inflation taking hold...people are looking at their bills...most streaming services will be following suit

      
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sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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Apr 20 2022 08:14AM     link to this

Opportunity for the patient.
InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 08:44AM     link to this

agree...now is time for dry powder and get NEW accts opened up for new investors

shit will be hitting the fan and nice nest egg head starts can be made and also life changing money, if it really really got ugly...like the 08/09 crash


too bad no stock club...someone should try and get that existing one from the dude up north and reboot it





InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 08:44AM     link to this

i nominate you btw...get it done
lapierre
Seal/Sunset Beach, OC, CA
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Apr 20 2022 09:45AM     link to this

i grabbed a handful, down 35% - that a decent opportunity.
not sure what the tech details are, i only trade companies i know about and have gut feelings about their products.
InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 09:48AM     link to this

Elon Musk rips Netflix for 'woke mind virus' making it 'unwatchable' as shares nosedive
Tesla and SpaceX founder Elon Musk, who's been gearing to take Twitter private, slammed Netflix as it lost subscribers for first time in over a decade


dude is lighting some fires


jackrabbit33
La Jolla, San Diego, CA
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Apr 20 2022 10:28AM     link to this

Disney stock continues its downtrend....

26% down over the past 6 months.

remo_williams
Irvine, OC, CA
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Apr 20 2022 11:46AM     link to this

Let's see..... the US has:

1. Inflation.

2. Supply Chain issues.

3. policy decisions to make Energy more expensive.

4. lingering unemployment from COVID

5. declining demand (subject of post)

Seems to me, that's the critical ingredients for Stagflation.

But, my friends here who support Brain Dead Biden will disagree on an emotional level.
InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 12:03PM     link to this

i didn't see biden support talked about on this thread

great candidate to take over existing one btw




InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 12:11PM     link to this

out of all the flaming libs on the site? he's the only one that ever stepped out and called a spade a spade when he saw one...might have been a little weak ass at times with it, but baby steps if need be

ZERO times by anyone else btw and totally understandable. the shit is pretty fucking embarrassing

keep politics off this all important thread...this is about getting ready for the onslaught.

go get that club dammit







sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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Apr 20 2022 12:12PM     link to this

Musk is an agitator and wants to position himself to buy low before Netflix regains value.

When that will happen is a good question, as the recent moves by Netflix aren’t promising to return them to their peak.
Quat
Santa Monica, LA, CA
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Apr 20 2022 12:14PM     link to this

Big hair cut? Stock/market capitalization is down by 66% since December, 2021. I call that getting crushed.

Just too many players in streaming now. The future of Netflix is dim. Younger generation is going to binge on one streaming service then cancel and go to another service. If you can't build brand loyalty then things get really tough.
InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 12:34PM     link to this

when people are FLUSH with cash in their budget, they might INTEND to do that, but don't. having cash makes people lazy

now that the extra costs of everyday life are coming off the top...they NEED to start doing that

cutting the cord should be the first thing they do though...the crying and discomfort only last a few days.

InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 01:05PM     link to this

netflix to attack their sharing problem pronto...say the numbers are 100m doing that

see how that works


not sure netflix has this feature...amazon and hulu have add'l services to stream and pay for using those accts. just picked up STARZ on amazon and have hbomax and show on hulu

i might be less apt to get rid of hulu or amazon because of this...just more shit to deal with and be lazy about
lapierre
Seal/Sunset Beach, OC, CA
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Apr 20 2022 01:33PM     link to this

at some point there will be consolidations - too many streaming players currently.
$10 per month is still very cheap entertainment, decades ago we paid a couple bucks everytime we rented a vhs or dvd.
so even for the very poor netflix is an affordable option though i can see some people binge watching their library and then cancelling moving onto the next streaming service to binge.

i have no plans to cancel NF, its still number one in content.
InsearchofStarfish
Santa Ana, OC, CA
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Apr 20 2022 05:27PM     link to this


Fortune
Netflix identified 4 uncontrollable issues that will keep bleeding subscribers in a long letter to investors



Shares of Netflix nosedived more than 25% on Tuesday after the streaming giant revealed it lost 200,000 subscribers in the first quarter alone.

The numbers were dismal, to say the least, considering the company had told investors to expect 2.5 million new subscribers in the quarter, and analysts were expecting more than 2.7 million.

Even worse, Netflix is now projecting it will lose an additional 2 million subscribers by next quarter.
Attached Links
https://finance.yahoo.com/news/netflix-identified-4-uncontrollable-issues-213041540.html
Atticus_Finch
Chino/Chino Hills, Inland Empire, CA
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Apr 20 2022 07:37PM     link to this

It's not really surprising. As long as inflation lasts and keeps growing, people are going to have to start getting rid of 'the luxury' items just to survive.
Expect disney, hbo etc. to start bleeding subs as well.

Atticus Finch
GoBallsDeep
Fullerton, OC, CA
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since Dec 12 2019

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Apr 20 2022 08:56PM     link to this

Musk is 100% right about Hastings and his wife
Couple of fucked up woke crackers
Frankly, I wish they were homeless and had paralyzing strokes
Cancelled my Shitflix long ago
Fuck them
Hey1
LA, CA
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since Jun 26 2019

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Apr 20 2022 11:02PM     link to this

Goebbels is there anything you are not bitter about? Peanut butter? Rainbows? Puppies? There must be something. Maybe not. Sucks to be you, but you already know that.
There are 18 comments on this blog.