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Old 21-04-2022, 07:01   #1156
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
jfman has a nice shiny star
jfman has a nice shiny star
Re: Streaming services news, offers and general chit chat

Quote:
Originally Posted by OLD BOY View Post
I did, on the basis that the Netflix CEO said so and there appeared to be no reason to do so.
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 View Post
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!
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.
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