How much longer should I wait before I jump in and ride it back up?
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Ask MTG about AMC. His average there is $21/share.
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No one does options here? I threw 1000 into a webull account and so far I've doubled it and been as high as 2600. I have like the most novice knowledge about options so this is just play money. If I lose it all, oh well it was fun and it was just 1000. If I actually make money, neat!
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Scho does options.
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Had to cut out some dead weight in my profolio. Trying to find stock that patrick mahomes work with to make that paper.
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Than God Netflix didn't taint the rest of the market. Looked bad yesterday after they announced.
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I think the market over reacted to the NFLX stock. they lost 600,000 subscribers and forecast 2 million more out of a base of 218 million. That's only 1% of the base.
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What are you guys predictions for Tesla earnings today?
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But once growth stops and goes in reverse, that's the kiss of death for a high multiple growth stock like Netflix.

A lot of other stocks sold off after market but this morning its only other streamers getting creamed, including, my DISNEY.

I'm down about $24 a share in that fucker. :-)
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Earnings will be positive and cause the stock to tank.
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Investors are stupid when they look at growth exclusively (see Wework). Anybody with half a brain should know that Netflix can’t grow forever. There are definitely a finite number of people on the planet to reach.

On the other hand Netflix is also stupid because they shouldn’t have adopted a growth strategy when growth was slowing. It was definitely time to get skinny, and make money or expand into other areas. They doubled down on the growth model. Dumb. Now they have the hard work of getting skinny while trying to rehab their image with investors.

The Silicon Valley / Venture Capital thought of growth at all costs may be really toxic out there.

Re: Disney. I should try to find their call, and see what their projections are. If they’re leaning into streaming platform they probably should take a haircut but They should be getting back on track with parks reopening and that revenue hitting the 10k. But there might be a stay away factor after the leak of the woke stuff. IDK.
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CAR is busting out, I'm thinking HRZ will be doing same thing when they report their earnings next week. I picked up a few stocks.
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My stocks are getting blown up worse than Mariupol
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I sold most of my tech stocks back at the beginning of the year so I'm not in too bad shape.
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Nice timing! :-)
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