NFLX - Netflix

Looks like they're making their way into China...

Internet television network Netflix has signed a licensing agreement with Chinese online video service iQiyi to enter the massive China market.
 
Netflix is looking poised for the next leg higher. Nice cup and handle...

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Mid summer last year I sold my Best Buy stock at around $53 a share. When I was working for BBY part time I was getting shares for about $30-35 through payroll deduction. So not a bad profit. By mid fall it was hovering around $72 a share and today it is $76 a share. I guess it depends on how you look at "Lady Luck". :D
 
Miss on earnings and new subscribers. Volatility pre-earnings was 10%, and right now it's down 9.8% AH.
 
Another quarterly miss for NFLX. Down 20% in the AH. Set to open tomorrow down 40% from it's November high and below the 200 DMA.
 
Going to be another minor gap down in NFLX tomorrow after reporting the loss of over 200,000 subscribers. Down over 20% in the AH (again). NFLX needs to focus on quality shows instead of the quantity of their "documentaries".

Remember when everyone thought we'd be riding overpriced Peloton bikes and sitting indoors watching (terrible) Netflix shows the rest of our lives? How things change.
 
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