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  1. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    It doesn't make a difference why they lost the subscribers. What matters is the headline is going to say "Netflix loses subscribers for the first time in 10+ years" and people are going to bail out. No one in this thread even pointed out the Russian thing. If you think your average trader does...
  2. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    It doesn't matter how miniscule it is. Its the first time in over ten years they lost subscribers. That is a big deal.
  3. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    Musks tweet happened at 10pm last night(unless I am looking at the wrong tweet), which was after the stock tanked. So his tweet was certainly not the cause of most of the tanking. Of course a lot of retail traders sold this morning after seeing Musks tweet, but that is a very small minority...
  4. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    Companies miss or beat their estimates all the time, it is very rare for a company to tank like this for missing an estimate. If they missed their estimate and still came out with 500k more subscribers, this snowball effect of the stock tanking most likely wouldn't have even happened. The...
  5. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    Nothing wrong with staring at charts. A lot of guys make their entire living purely based off technical analysis. I am not a TA guy myself, but I do know a thing or 2 about it and and this is a traditional gap fill scenario. Statistically speaking when stocks crater like this in the AH or...
  6. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    Everyone is just glossing over the fact that they actually had 500k more subscribers, but they also lost 700k subscribers from Russia because they suspended service over there. Netflix has done a lot wrong(as has been discussed here-content, botched anti piracy rules, etc.), but none of that was...
  7. OriginalGatorHater

    Off-Topic Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years

    Its really only gambling if you are buying purely because it dropped so fast and look at nothing else regarding the stock. If you look at the companies fundamentals and believe the stock is undervalued. It really isn't gambling.
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