On Tue, Jul 23, 2019 at 7:57 PM Steve Timko <[email protected]> wrote:
> > https://www.hollywoodreporter.com/news/netflix-sheds-24-billion-value-six-days-growth-miss-1226463 > Quoting the article: "To be sure, longtime holders of Netflix stock have profited mightily as its shares have surged 3,300 percent in less than nine years, but analysts don't expect anything near that sort of return going forward, and the heavy volume of trading over the past nine days suggests many investors are cashing in on their big gains." A lot of trading now is algorithmic so the reason behind a big move on a stock might have less to do with what any trader or analyst thinks and simply be a positive feedback (snowballing) reaction to a minor mathematical blip. As the analysts note this might be the end of Netflix's meteoric rise and the start of a plateau in their stock price. -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/tvornottv/CAJE-FiEowjyyUW-Tfw3EkVCqnXt0_MS%3DhyvWy5r%3Dx6ynKWHoAw%40mail.gmail.com.
