Quote:
Originally Posted by OLD BOY
Uncertainty always has an adverse impact on share prices.
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Well, yes, as I’ve been saying. The ability of Netflix to maintain its market share, content offering, keep prices low and service a mountain of debt are massive uncertainties in what will be a hugely competitive marketplace.
I was mocked earlier in the year for describing the position as “precarious” but having lost 30% of its value since July I can’t help but feel the market sees the huge risks the way I do.