Quote:
Originally Posted by OLD BOY
I did, on the basis that the Netflix CEO said so and there appeared to be no reason to do so.
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And like an MOT, or a party manifesto commitment, it’s only words on paper on a given day.
The bubble is bursting.
---------- Post added at 07:01 ---------- Previous post was at 06:58 ----------
Quote:
Originally Posted by 1andrew1
Well, their shares seem to have fallen out of favour more quickly than Rishi Sunak.
They are down today by nearly 40%, a $60bn drop in the company's value!
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Ultimately there’s never been any underlying assets or value in the share price. Fundamentally if Netflix can do something Amazon can do it without the debt.