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Netflix missed its Q2 subscriber numbers and its stock is tanking
- mikeweiss 10y agoFor anyone who doesn't trade or follow the market, wall street is fickle. Netflix is not going anywhere, and is definitely not overvalued. They are a household brand name that has completely changed the television landscape and are pumping out original content that has its viewers hooked. They will likely be purchased someday by Comcast,Disney, Timewarner or another traditional content company for their content and subscribers.
- shostack 10y agoCan you elaborate on why you don't think they are overvalued? Not arguing to the contrary, but that's a claim that warrants backup with data. For example, there are several negative factors they deal with and I wonder what impact that could have. Things like studios getting harsher on their licensing terms now that Netflix has more competition and less clout. Or the economy appearing to slow down causing people to pull back on entertainment and just watch DVDs or TV.