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birb_cromble  5d ago (text post)   567 thread views

Weekly Finance Thread - 2026-07-18

A weekly thread to discuss financial matters - from personal all the way up to global.

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Netflix’s stock is something I’m looking at, purely as a contrarian play. It’s at its 2021 highs.

Do you know what's driving it up? Last I looked at it, there was some concern about market saturation.

Look at the chart, man. It's down almost 30% YTD. OP wants to go for a bottom fishing attempt, hoping it'll turn back up soon.

@birb_cromble Disappointing earnings, investors think Netflix management is getting desperate to do something big after losing its bidding war against Paramount, just generally bad vibes.

P/E was down around 21 when I looked yesterday. Netflix is profitable (I think other streamers generally are not), and I'm willing to bet against bad vibes.

Oh I should clarify it's fallen down to its 2021 highs, wiping out 5 years of stock price appreciation.

Thank you for actually taking time to elaborate on the ambiguity there. I thought I was nuts the first time I read it.

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