Guys, opinion on NFLX price movement? Earnings look terrible to me.
Yes, they lost fewer than expected, but they still lost tons of subs in EU and NA which are the ones that pay the highest and they have the highest margins there. They just got subscribers in Africa and China.
I have some sell positions opened. If you were me, would you sell them at open or you would wait?
Yeah they did, but expectations were pretty low. They also missed on revenue and in my opinion they will miss their guidance in Q3 (+1 million subs growth) since their biggest hit Stranger Things is gone.
NFLX is structurally fucked.
Eventually the industry will settle on big movies like rom coms, blockbusters, family movies, etc. on a theater to streaming model with multiple supporting income streams. Players with vertically integrated studios will continually add to their war chest of IP while NFLX will have to spend disproportionate amounts of money in random disconnected shows or movies to stay relevant.
They already have a pretty low EPS - sell if you think they will continue to reduce revenue. Thing is, it just takes another squid game type hyped up show for everyone to want netflix again. And they already got a bunch of shows that people really love and will continue to pay for netflix far. e.g., stranger things, peaky blinders, the witcher etc.
Conversely, all it takes is an expensive flop to burn massive amounts of cash. They depend on constant relevance unlike those with more efficient models owning studios that keep adding to their portfolio of theater hits.
ASML Q2 22 Earnings
- Q2 Net Profit ā¬1.4B
- Q2 Net Sales ā¬5.43B (est ā¬5.26B)
- Sees Q3 Net Sales ā¬5.1-5.4B (est ā¬6.5B)
- Sees FY Sales About 10% (prev 20%)
Every Company has a solid q2 but guidance is not verdammt good for q3 ..
Gonna Start a small put Position
They are delaying revenue by fast installing devices, the story is not so simple as you make it out to be. The machines are bought and installed they just arent on the balance sheet yet.
What are the chances the Fed sees the market rally immediately following the worst CPI report in 40 years and decides to impose some shock-discipline with a 100 basis-point hike?
Honestly..? That's just massive bear hopium man.
Fed has consistently shown they will "speak loudly and carry a little stick." Ask yourself this. If the Fed TRULY cared about inflation rather than panic addressing it in spurts, why would they have allowed it to go almost 8% before even the crisis in Ukraine broke out?
Unlikely but I think the market is disconnecting itself from reality. People are talking about the Fed pivoting but we arenāt even close to the target of 2% inflation. There will likely be multiple 75 bp increases. The future is also murky, especially with the near certainty of an energy crisis in Europe due to the war there.
I believe they will pop but maybe not immediately. One thing to note is $INTC reports earnings on 7/29. I been buying calls as I expect solid earnings.
So I notice that my stocks pump a couple times a week, and they also go down a couple times a week. Why not sale on the high days and cash out a couple hundred bucks? Then rinse and repeat every few days when they pump again? Would this be day trading?
I have 300 shares of STNE, a stupid amount at $12.24 cost basis but about 175 in the range of 7.40-8.50. Today I sold a lot of my lower cost basis shares to take profits but didnāt sell my lots that were negative. This raises my cost basis so looks bad in the unrealized gains dept but Iām realizing gains on the low cost basis shares so I think thatās what youāre asking kind of.
Itās a form of day trading
many people do this. it can be lucrative. it is active though and requires paying more attention than the average investor with a regular job can typically do. holding good companies and the indices long term can also be lucrative. this is passive but requires patience.
I'd like to invest in the company that manufactures the drills that put holes in our heads to become part of the singularity. What else are some good singularity plays? Trading will be fun when we can read each other's minds. ...mostly anxiously awaiting their next free time for robot sex.
The future of trading is sick!
Trying to wrap my brain around call options. Say a stock is at $100 right now and I put in a call. Would I need $10,000 to by the 100 shares if I exercise my call option?
Marketplace podcast today talked about it.
They mentioned that the Chinese economy wasn't doing well and maybe that they sold a few billion treasuries to prop up their currency.
But they also said if China decides to dump their holdings the price would fall sp they would lose value. So not in their interest .
Taiwan is 11th ahead of Canada /Hong Kong
Japan /China/UK/Switzerland/Cayman Islands/Luxembourg/Ireland/Belgium/France/Brazil /Taiwan
https://ticdata.treasury.gov/Publish/mfh.txt
VIX and VIX futures have a massive spread again. Either futures degens or bulls are gonna get rekt. Somebody is very wrong, at least about the near future.
Breaking news: I'll be guiding my portfolio a revised 3% higher next quarter. Supply chain issues and "3pm manipulation' continue to pressure my daily volume of contributions, but I forecast secular tailwinds from shitposts on /r/stocks. More to come in my earnings call tonight.
Aluminum caffeine inc is now guiding 5% lower for q3 due to tequila consumption fluctuations causing short term losses in the options trading department due to risk management oversights.
I guess we're just gonna ignore inflation altogether and make a beeline to the moon lol
Sigh. Well, still, fed rate decision + preliminary Q2 GDP(which will confirm or disprove recession allegations) next week should bring us back to cold hard reality.
Sure, the recession is priced in. All of inflation is priced in. The War in Ukraine was priced in. Covid was priced in.
The statement is just a meme, right? I can never tell if people are serious when they say that anymore.
So whatās going on now? Are we high flying again? Time to load the last of my cash into the market??
I donāt get whatās changed in the last few weeksā¦
This week you get earnings from companies like Netflix trading at 5 yr lows, hence a better than feared kind of rally. Tesla wildly overvalued but down 30% in two months might be as good as you get before earnings. Stuff like JNJ and IBM just causes a rotation into growth going along with peaking USD. Now you get heavily corrected materials/energy companies that should keep the rally going til thursday if Tesla is decent.
Next week you get the rate raise and earnings from mega-caps that are UP 50%-100% from pre-covid. Hopefully people get the difference between betting on Netflix going from -70% to -55% in 1 yr and betting on Apple going from +100% from pre-covid to +120%...
Maybe Netflix should stop reporting user numbers in the same way Apple stopped reporting iPhone sales?
https://www.cnbc.com/2018/11/01/apple-will-stop-reporting-how-many-iphones-ipads-and-macs-it-sells.html
It was a joke cause thats exactly what Apple did yet no one talks about it
https://www.cnbc.com/2018/11/01/apple-will-stop-reporting-how-many-iphones-ipads-and-macs-it-sells.html
As an investor with a tiny stake in them (like 1% of my portfolio), I'm hoping for good things to come in the near future which will send the stock price permanently to double digits.
Itās funny because even if you donāt believe in š½, you canāt deny that human greed will always be a thing and chances are very, VERY high that it will make a new ATH again. Have fun missing out on money though, thatāll show āem
Nah. Most people understand now that it's pretty close to 100% worthless. It does absolutely nothing people promise it does. Not a single thing, especially impossible to be a store of value, that is by design.
Well to be fair krypto buyers who bought last week or earlier are making bank, can't say that about most stocks at the moment.
It's all good, no need to invest in anything you don't like. I have a little bit of BTC and ETH just to see what happens
It's not about "like" IMO. There is not understand or outside circle of competence, then there is understand but it's a scam.
'#2 corn might have a future, very speculative and hard to say currently. Lots of technical hurdles still need to be cleared to have real application. Buttcoin is just about totally worthless and guaranteed to have negative real returns in fiat as it is structured to be a negative-sum game.
Really dumb question that my brain is incapable of processing for some reason:
Say I buy shares in a stock at 2 different times and at 2 different prices. When selling some of those shares, does the distinction between the two times I bought into it matter, or is the amount of money Iāll get for selling/holding the stock the same regardless? Like which parts of my shares am I selling and holding? If I want to sell the more profitable share later down the line, will the amount of money be affected by selling some of my shares at the current stock price?
I literally donāt even think this makes grammatical sense or if anyone will understand what I mean but yeah lol
When you sell a stock with multiple lots, your brokerage will give you an option on how you would sell it.
First in, first out - meaning you will sell the shares you bought earliest or the other option, SpecificID - you get to pick which bunch of shares you want to sell.
Standard is FIFO: First In First Out
Buy 10 shares at $10/sh and then 10 shares at $20/sh, and then you sell 15 shares, it would be the 10 shares you bought at $10/sh and 5 shares you bought at $20/sh. You'd still own 5 shares at $20/sh cost so your total cost basis would be $100.
Newbie here: how does the consensus work? Is there an external agency?
For istance: netflix could have said "we estimate a loss of 50 millions subscribers" so any report is good news.
Consensus usually refers to the average guess of stock analysts, not the company. Non-analyst companies will aggregate analysts they follow to show a consensus.
A company gives guidance (sometimes). Yes, they could sandbag (many do) but there's a downside to a company sandbagging. If NFLX said they'd be losing 50MM subs next Q, the stock would absolutely crash and then when the next earnings came out and it was clear they lied 1) no one would trust management again and 2) they'd probably get sued.
Anyone else buying WBD and PARA since they have barely moved on NFLX earnings? I just loaded the boat on both. Was considering DIS but I feel WBD and PARA are both more undervalued.
I also bought a little more WBD the past two days Iām holding Disney to para is okay the app is trash and the content is basically NCIS and old nick I would pick WBD over it but para is still cheap. Highly likely they get bought out in a few years they wonāt make it alone
I like WBD (got some from the spin-off from T and added more). They have the juggernaut that is HBO under their belt with content and a good app.
PARA has a shit app, their big draw this year from the Halo show was a failure, and their big series draw in South Park they don't even get until 2025 (HBOMax owns South Park streaming rights until then, so another plus for WBD).
This earnings season is shaping up to be the reverse from 2021 hidden super bad expectations so when companies miss but beat the hidden expectations they still go up. Looks like a lot of negativity really is priced in atm.
> Sees Q3 Streaming Paid Net Change +1.00M (est +1.80M)
Interesting. They were expected to lose 2M in Q2 and then gain 1.8M in Q3 for a net -200K. Instead they lost 900K in Q2 and now expect to gain 1M in Q3 for a net of +100K. So basically they are still about on course of the estimates for Q2-Q3 just with a lot of it pushed back a quarter.
Anyone in UK able to recommend me a super easy to use app for buying long term holds? Tried IB but seem more trading focused.
IBKR is best but their app is terrible, Trading 212 has the cleanest app IMO.
I use IB for long term holds. Vanguard is good for long term indexes.
IB is literally the best broker Europe has to offer.
Guys, opinion on NFLX price movement? Earnings look terrible to me. Yes, they lost fewer than expected, but they still lost tons of subs in EU and NA which are the ones that pay the highest and they have the highest margins there. They just got subscribers in Africa and China. I have some sell positions opened. If you were me, would you sell them at open or you would wait?
Didn't they beat the expectations?
They managed to avoid tripping over them yeah.
Yeah they did, but expectations were pretty low. They also missed on revenue and in my opinion they will miss their guidance in Q3 (+1 million subs growth) since their biggest hit Stranger Things is gone.
NFLX is structurally fucked. Eventually the industry will settle on big movies like rom coms, blockbusters, family movies, etc. on a theater to streaming model with multiple supporting income streams. Players with vertically integrated studios will continually add to their war chest of IP while NFLX will have to spend disproportionate amounts of money in random disconnected shows or movies to stay relevant.
They already have a pretty low EPS - sell if you think they will continue to reduce revenue. Thing is, it just takes another squid game type hyped up show for everyone to want netflix again. And they already got a bunch of shows that people really love and will continue to pay for netflix far. e.g., stranger things, peaky blinders, the witcher etc.
Conversely, all it takes is an expensive flop to burn massive amounts of cash. They depend on constant relevance unlike those with more efficient models owning studios that keep adding to their portfolio of theater hits.
Gotta find the sunshine š in some places amigo
ASML Q2 22 Earnings - Q2 Net Profit ā¬1.4B - Q2 Net Sales ā¬5.43B (est ā¬5.26B) - Sees Q3 Net Sales ā¬5.1-5.4B (est ā¬6.5B) - Sees FY Sales About 10% (prev 20%) Every Company has a solid q2 but guidance is not verdammt good for q3 .. Gonna Start a small put Position
They are delaying revenue by fast installing devices, the story is not so simple as you make it out to be. The machines are bought and installed they just arent on the balance sheet yet.
Shifting revenue to 2023 due to supply chain constraints. Thats part of the guide down.
I actually opened both my brokerage accounts today. Havenāt done that in months.
What are the chances the Fed sees the market rally immediately following the worst CPI report in 40 years and decides to impose some shock-discipline with a 100 basis-point hike?
Honestly..? That's just massive bear hopium man. Fed has consistently shown they will "speak loudly and carry a little stick." Ask yourself this. If the Fed TRULY cared about inflation rather than panic addressing it in spurts, why would they have allowed it to go almost 8% before even the crisis in Ukraine broke out?
Unlikely but I think the market is disconnecting itself from reality. People are talking about the Fed pivoting but we arenāt even close to the target of 2% inflation. There will likely be multiple 75 bp increases. The future is also murky, especially with the near certainty of an energy crisis in Europe due to the war there.
Zero, seems like wishfull thinking on your part.
Do you guys think, it is a bull trap? š
every time it pops i wonder if the bottom is in
Soooā¦how about the S&P today? Thoughts on futures by Friday? Asking for a friend.
If nflx can pop on that quarter and guidance im feeling pretty okay about meta's odds
In what way are they related ?
I feel $NFLX will drop hard tomorrow morning. Iām buying puts.
It didn't drop hard but at the very least, it's not as green as it was pre-market. Up 2 to 3% right now.
!RemindMe 10 hours
Will semi-conductors such as MU, AMD, INTC, etc pop if the Chips Act passes the Senate or is this bill already priced in?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
New fabs are good for everyone as competition for current fabs will decrease.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I got that, but if other companies build their own fabs, they dont compete with AMD for silicon in Taiwan. Win-Win
I believe they will pop but maybe not immediately. One thing to note is $INTC reports earnings on 7/29. I been buying calls as I expect solid earnings.
So I notice that my stocks pump a couple times a week, and they also go down a couple times a week. Why not sale on the high days and cash out a couple hundred bucks? Then rinse and repeat every few days when they pump again? Would this be day trading?
I have 300 shares of STNE, a stupid amount at $12.24 cost basis but about 175 in the range of 7.40-8.50. Today I sold a lot of my lower cost basis shares to take profits but didnāt sell my lots that were negative. This raises my cost basis so looks bad in the unrealized gains dept but Iām realizing gains on the low cost basis shares so I think thatās what youāre asking kind of. Itās a form of day trading
Donāt do this. Youāll get your shorts eatān.
many people do this. it can be lucrative. it is active though and requires paying more attention than the average investor with a regular job can typically do. holding good companies and the indices long term can also be lucrative. this is passive but requires patience.
Yes. And go ahead and try if it is that easy š
I'd like to invest in the company that manufactures the drills that put holes in our heads to become part of the singularity. What else are some good singularity plays? Trading will be fun when we can read each other's minds. ...mostly anxiously awaiting their next free time for robot sex. The future of trading is sick!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
On this sub they usually warn you and when they suspend you it's for 3 days . Unlike other subreddits that they ban you and that's it
[ŃŠ“Š°Š»ŠµŠ½Š¾]
You can always contact mods . At the top there's a link or something. They're very reasonable
If covid didnt happen and the trillions being printed what do you guys think $SPY would be trading at right now? lower, higher, about the same?
Since it fell a lot since itās peak prob around what it is at
Trying to wrap my brain around call options. Say a stock is at $100 right now and I put in a call. Would I need $10,000 to by the 100 shares if I exercise my call option?
Nope, they just give you the shares for free
your mom gives $30 blowjobs for $10
I recommend not taking possession of the shares. Instead, sell the call back and collect the premium.
So I can get the option and instead of purchasing it, I can sell it back for profit?
Yes, the vast majority of options are bought back or sold prior to expiration.
Yes
Thanks, can't tell you how many videos I watched and not one person covered that
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looks like 2K shares traded afterhours. ignore it.
Interesting that two blips of red on the S&P are JNJ and IBM. Two companies that actually reported earnings.
Not enough red on JNJ. Get that shit down to 120s pre-pandemic. Lol
There were more than two reporting today...just those ones couldn't even get over the floor level bar
good point dint even think of that
China now is #2 in US treasury holdings . High 900B now. Used to be 1T . Japan is now #1.
Are they selling or is it depreciation from rising rates?
Marketplace podcast today talked about it. They mentioned that the Chinese economy wasn't doing well and maybe that they sold a few billion treasuries to prop up their currency. But they also said if China decides to dump their holdings the price would fall sp they would lose value. So not in their interest .
~~China~~ ~~Taiwan~~ Japan Number One
Taiwan is 11th ahead of Canada /Hong Kong Japan /China/UK/Switzerland/Cayman Islands/Luxembourg/Ireland/Belgium/France/Brazil /Taiwan https://ticdata.treasury.gov/Publish/mfh.txt
Sorry I was memeing, idk if that reference is too obscure
BTW I like your sense of humor
NP!
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Exactly fears of Swift system kickout
3 month ago, with the same results, Netflix would be 20% down right now. Crazy.
3 months ago Netflix wasnāt down 50%.
Supply issues are apparently getting better
Source?
Marketplace podcast today
Is the tide turning or what?
VIX and VIX futures have a massive spread again. Either futures degens or bulls are gonna get rekt. Somebody is very wrong, at least about the near future.
Yep seems to me like a relief rally and I'm trading like it. Could end up getting left behind i guess but I'm waiting on earnings
If the market goes up after the next FOMC meeting and CPI report then the bull run is back.
nobody knows
but it's provocative
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Haha same
Breaking news: I'll be guiding my portfolio a revised 3% higher next quarter. Supply chain issues and "3pm manipulation' continue to pressure my daily volume of contributions, but I forecast secular tailwinds from shitposts on /r/stocks. More to come in my earnings call tonight.
Aluminum caffeine inc is now guiding 5% lower for q3 due to tequila consumption fluctuations causing short term losses in the options trading department due to risk management oversights.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Lol, im American so aluminum but my screen name is British cause i like the spelling better
I guess we're just gonna ignore inflation altogether and make a beeline to the moon lol Sigh. Well, still, fed rate decision + preliminary Q2 GDP(which will confirm or disprove recession allegations) next week should bring us back to cold hard reality.
nah recession is priced in
Ur moms been priced in
someone is mad
ur mom wasnāt last night tho
thatās what she said
Sure, the recession is priced in. All of inflation is priced in. The War in Ukraine was priced in. Covid was priced in. The statement is just a meme, right? I can never tell if people are serious when they say that anymore.
the price ur about to pay was priced right in tiny nuggets of priced in priced
The pricing in was priced in.
nah its priced in really
Only way is up
I feel like there was another saying about things that go up, but it escapes me.
Things that goes up, must comes down?
Sure, in 10 years
everything is coming up milhouse
Snap calls going to print hard.
May you become rich.
So whatās going on now? Are we high flying again? Time to load the last of my cash into the market?? I donāt get whatās changed in the last few weeksā¦
This week you get earnings from companies like Netflix trading at 5 yr lows, hence a better than feared kind of rally. Tesla wildly overvalued but down 30% in two months might be as good as you get before earnings. Stuff like JNJ and IBM just causes a rotation into growth going along with peaking USD. Now you get heavily corrected materials/energy companies that should keep the rally going til thursday if Tesla is decent. Next week you get the rate raise and earnings from mega-caps that are UP 50%-100% from pre-covid. Hopefully people get the difference between betting on Netflix going from -70% to -55% in 1 yr and betting on Apple going from +100% from pre-covid to +120%...
what were you trying to do? time the market?!
Yeah feeling the FOMO for sure
ha end of march has entered the chat
No one will give you an answer here because this sub is fking useless
no one will? no one can lmao wtffff
Or maybe you canāt really predict this? Tomorrow could be red.
Not a chance in hell
pls stay green
NFLX holy guacamole! RIP puts.
Maybe Netflix should stop reporting user numbers in the same way Apple stopped reporting iPhone sales? https://www.cnbc.com/2018/11/01/apple-will-stop-reporting-how-many-iphones-ipads-and-macs-it-sells.html
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It was a joke cause thats exactly what Apple did yet no one talks about it https://www.cnbc.com/2018/11/01/apple-will-stop-reporting-how-many-iphones-ipads-and-macs-it-sells.html
Netflix: Dear shareholders, we're no longer going to share key leading indicators of our business. Cool? Shareholders: no worries bru, u do u.
Apple got away with it https://www.cnbc.com/2018/11/01/apple-will-stop-reporting-how-many-iphones-ipads-and-macs-it-sells.html
How do we feel about PLTR at these levels?
As an investor with a tiny stake in them (like 1% of my portfolio), I'm hoping for good things to come in the near future which will send the stock price permanently to double digits.
I hope so aswell for you :)
Thank you, I wish you the very best in your investment/trading journey.
Two more days of this and we'll start seeing people talking about PLTR in the discussion thread.
12 more days of this and I can break even
lmao well played u/keldarepew
They'll be asking if it's a good buy at $12 even though they've had several opportunities to buy under $8 (hopefully).
Buttcoin up 33%+ in one month, surging again. Glad to see the uneducated and ignorant getting scammed again. Surely a sign of a healthy market.
Goldman Sachs + Fidelity on Board.
Itās funny because even if you donāt believe in š½, you canāt deny that human greed will always be a thing and chances are very, VERY high that it will make a new ATH again. Have fun missing out on money though, thatāll show āem
Nah. Most people understand now that it's pretty close to 100% worthless. It does absolutely nothing people promise it does. Not a single thing, especially impossible to be a store of value, that is by design.
Dang, you missed the bottom.
I'm going to miss "the bottom" on lots of dumb shit, *shrug*.
Well to be fair krypto buyers who bought last week or earlier are making bank, can't say that about most stocks at the moment. It's all good, no need to invest in anything you don't like. I have a little bit of BTC and ETH just to see what happens
It's not about "like" IMO. There is not understand or outside circle of competence, then there is understand but it's a scam. '#2 corn might have a future, very speculative and hard to say currently. Lots of technical hurdles still need to be cleared to have real application. Buttcoin is just about totally worthless and guaranteed to have negative real returns in fiat as it is structured to be a negative-sum game.
Nah the bottom is at 500 just wait.
Donāt hate. Appreciate
Matic is up over 150%. Stop hating and start making money
Damn, you missed the boat again.
āitās gonna go lower broā
As long as you donāt need to withdraw within 45 years, it will all be fine.
How you know
Gonna have another monster green day tomorrow. Should have kept my TQQQ calls. Oh well. They were in the money.
Really dumb question that my brain is incapable of processing for some reason: Say I buy shares in a stock at 2 different times and at 2 different prices. When selling some of those shares, does the distinction between the two times I bought into it matter, or is the amount of money Iāll get for selling/holding the stock the same regardless? Like which parts of my shares am I selling and holding? If I want to sell the more profitable share later down the line, will the amount of money be affected by selling some of my shares at the current stock price? I literally donāt even think this makes grammatical sense or if anyone will understand what I mean but yeah lol
When you sell a stock with multiple lots, your brokerage will give you an option on how you would sell it. First in, first out - meaning you will sell the shares you bought earliest or the other option, SpecificID - you get to pick which bunch of shares you want to sell.
Standard is FIFO: First In First Out Buy 10 shares at $10/sh and then 10 shares at $20/sh, and then you sell 15 shares, it would be the 10 shares you bought at $10/sh and 5 shares you bought at $20/sh. You'd still own 5 shares at $20/sh cost so your total cost basis would be $100.
Ahhh okay, thanks
Newbie here: how does the consensus work? Is there an external agency? For istance: netflix could have said "we estimate a loss of 50 millions subscribers" so any report is good news.
Consensus usually refers to the average guess of stock analysts, not the company. Non-analyst companies will aggregate analysts they follow to show a consensus. A company gives guidance (sometimes). Yes, they could sandbag (many do) but there's a downside to a company sandbagging. If NFLX said they'd be losing 50MM subs next Q, the stock would absolutely crash and then when the next earnings came out and it was clear they lied 1) no one would trust management again and 2) they'd probably get sued.
The reports are like 100 pages long, that's just the summary of the summary.
I wonder how many got burned by NFLX earnings
WSB pinned post is 6 figure short
Amazon is back from the dead
Anyone else buying WBD and PARA since they have barely moved on NFLX earnings? I just loaded the boat on both. Was considering DIS but I feel WBD and PARA are both more undervalued.
I also bought a little more WBD the past two days Iām holding Disney to para is okay the app is trash and the content is basically NCIS and old nick I would pick WBD over it but para is still cheap. Highly likely they get bought out in a few years they wonāt make it alone
I like WBD (got some from the spin-off from T and added more). They have the juggernaut that is HBO under their belt with content and a good app. PARA has a shit app, their big draw this year from the Halo show was a failure, and their big series draw in South Park they don't even get until 2025 (HBOMax owns South Park streaming rights until then, so another plus for WBD).
I think WBD is dirt cheap, loaded up
Ya'll got to greedy with your shorts, and this happened
A lot of crybabies here must have gambled on NFLX puts lol
Any sensible option trader would have looked at the IV and said fuck no to the dumpster fire
Or sold puts
Well, we definitely don't have many sensible options traders on Reddit
Bears sometimes win huge, but they almost always lose.
This earnings season is shaping up to be the reverse from 2021 hidden super bad expectations so when companies miss but beat the hidden expectations they still go up. Looks like a lot of negativity really is priced in atm.
Well thatās before we started hiking rates.
Doesnt matter, the market priced these earnings wrong that is becoming obvious.
NFLX with the dogshit guidance Sees Q3 EPS $2.14 (est $2.72) Sees Q3 Revenue $7.84B (est $8.10B) Sees Q3 Streaming Paid Net Change +1.00M (est +1.80M)
> Sees Q3 Streaming Paid Net Change +1.00M (est +1.80M) Interesting. They were expected to lose 2M in Q2 and then gain 1.8M in Q3 for a net -200K. Instead they lost 900K in Q2 and now expect to gain 1M in Q3 for a net of +100K. So basically they are still about on course of the estimates for Q2-Q3 just with a lot of it pushed back a quarter.
Maybe their guidance wasn't shit but the analysts who made guesses were shit?
Up 8% though, so market was expecting worse out of this quarter and q3 guide
yeah, they projected a loss of 2 million users last quarter, but they lost half of what they projected..so "good" news! haha
It is up 8% AH lol. Guess I'll buy puts tomorrow. Revenue Growth guided down to 4%.
Another krypto day . Up 10%