FBXL Social

We're adding to a tech stock we've been watching since a post-earnings stock decline https://www.cnbc.com/2024/08/12/were-adding-to-a-stock-that-weve-been-watching-since-a-post-earnings-stock-decline.html

@cnbc

Let's hope Jim Cramer approves.

To be honest, after it's 80% decline, I thought Netflix wasn't a bad buy. I didn't at the time, because it just didn't drive with my strategy which avoids the US market for the most part, but at the time I think the PE ratio made it down to like 19 which was just about where Netflix should be.
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@sj_zero @cnbc

It's all about buying the dip. Netflix is cruising on having forced people to stop sharing passwords. Let's see how long that lasts. Their real problem is being able to afford to license enough content to make the service worth keeping.