Did Netflix Bottom?
This post is by Howard Lindzon from Howard Lindzon
It has been a beast of a bear market for most technology growth stocks …at least the stocks I follow and own or have owned.
Today, Netflix was up $15 after hours after being up $10 during. They reported earnings and continue to lose subscribers so it is not like the business is in growth mode.
I have attached below a Netflix 20 year chart and Netflix 1 year chart…
Is last year a blip, the beginning of the end, or the start of a new bull market?
Yet people wonder why investing is so addictive and THE language to learn
Disclosure – Long Netflix $NFLX