Can a Video Streaming Service Save the Market ?

Netflix reports earnings after the bell today.
A key stock in the Fang technology triad,
the stock has risen over 30 % since the Dec.2018 low.

When a stock rises by that much, in a counter-trend rally,
back towards it’s all time high above 400,
expectations are seemingly thru the roof for this company
which burns cash faster than most companies could accept in their business model.

Netflix this week raised monthly subscription prices over 10 %,
for it’s 79 + Million Subscribers, prior to earnings announcement this afternoon.
I found the timing of that increase to be curious at best
Are they burning cash at such a rapid rate, that they needed to get out front
of their earnings , while the news was still all good ? And I mean all good.

Bottom line here is right now the market is betting on Netflix
to come thru big time with a measurable upside earnings surprise,
and rescue the bulls on the stock for their precinct buying.

Interesting. Isn’t it ? And just one simple question…

Can a video streaming service,which is cash burning millions of dollars a day,
save this market ?

NFLX 352.67 Last

Related posts:

A lot of thought patterns pan out our behaviour. Whether it is the habit of keeping the lights on while sleeping or the habit of covering the mirror before going to bed or simply the habit of not…

Well we all know the story of Nucky Thompson it was based on the true life story of Enoch Thompson of Atlantic City and he was the ultimate politician. He was also the ultimate business man, yes he…

The first question is that why using Android architecture components is important. As you know architecture components are recommended at Google I/O 2017 to solve many issues in Android. I want to…