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Netflix shares decline after reporting disappointing subscriber growth

bbc.co.uk

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Re: Netflix shares decline after reporting disappointing subscriber growth

#21

Post by matte_black »

zwily wrote: post #15
matte_black wrote: post #5

Shit, this is really going to hurt my portfolio. A lot of other tech stocks are down as well.

Did you just buy it yesterday? It’s still way up for the last few months.

I actually bought it quite sometime ago, but that means I have a lot of shares, and the more shares you have the more small movements in price start to add up to real money.

Right now I’m down several thousands of dollars on NFLX, which could have easily been a few international vacations. It’s not the first time or last time stuff like this happens, but everything was rallying so nicely the past few days it’s a shame to see that get back tracked. And of course, other tech stocks are down with it which also adds to the pain.

Re: Netflix shares decline after reporting disappointing subscriber growth

#22

Post by Sebguer »

dukes_haven wrote: post #10
Pxtl wrote: post #6

Earlier quoted context omitted.

Surprising how the ratio is so far reversed in India. Here in Canada (which is a similar market to the USA), Netflix is the cheapest option. Cable TV is several times more expensive for even a basic plan, and Amazon Prime costs about the same as Netflix (but includes the other Prime services).

Netflix would be cheaper in India too but you have to take into account that not everyone can speak English there

Not only does this statement not make any clear sense (why does English speaking #s affect price of the service?) but India has the second largest English speaking population in the world.

Re: Netflix shares decline after reporting disappointing subscriber growth

#23

Post by throwawaymath »

scurvy wrote: post #13
volgo wrote: post #7

Alternative headline: "Netflix stock plunges to only +24% in 90 days"

Sucks if you bought in this morning hoping for a big earnings surprise. (I didn't, but I know those that did)

Opening a position on the day of the earnings announcement is generally a bad idea regardless of whether you’re right or wrong about the direction. Volatility is effectively priced in at that point.

Re: Netflix shares decline after reporting disappointing subscriber growth

#24

Post by jetsnoc »

matte_black wrote: post #21
zwily wrote: post #15

Earlier quoted context omitted.

Did you just buy it yesterday? It’s still way up for the last few months.

I actually bought it quite sometime ago, but that means I have a lot of shares, and the more shares you have the more small movements in price start to add up to real money. Right now I’m down several thousands of dollars on NFLX, which could have easily been a few international vacations. It’s not the first time or last time stuff like this happens, but everything was rallying so nicely the past few days it’s a sham…

You can't predict the market but I think they still have some growth ahead of them and that their shares will still rise. They won't rally and grow as much as they have forever but I don't think the market has softened up for them yet. I'm going to buy while they are a little down.

Re: Netflix shares decline after reporting disappointing subscriber growth

#25

Post by floatingatoll »

What's the lower bound for their share price before they have to change how they operate the business or suffer a penalty to net revenue? Or, if the stock market goes offline for 365 days, would any particular harm come to them at all?

Re: Netflix shares decline after reporting disappointing subscriber growth

#26

Post by ProfessorLayton »

wgerard wrote: post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me:

- Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this.

- If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn.

- Their sorts are always shuffled around, pushing whatever content is on their agenda.

- Im bilingual, and I can’t belive there’s no way to turn off captions for some of their shows. I can’t watch a show like Narcos without having subs for either English or Spanish. This might sound nit picky, but bilinguals aren’t exactly edge cases, either (SV is full of bilinguals!)

I’ve talked to some of their UX designers, and data seems to rule all there, so they wouldn’t be doing what they’re doing if it didn’t help them. But damn it is infuriating. Crazy that my favorite netflix client is the one Apple designed for them in the older Apple TVs

Re: Netflix shares decline after reporting disappointing subscriber growth

#27

Post by brightball »

TylerE wrote: post #12
wgerard wrote: post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

They've been so aggressively getting rid of "real" content and replacing it with their in-house productions, the quality of which has slid quite a bit as they've ramped up volume. I'm on the verge of canceling it, since most of what I want is on Prime anyway.

Same. I nearly cancelled when they got rid of Chuck. Amazon Prime picked it up shortly afterwards and lately most of what we watch is on Amazon.

Re: Netflix shares decline after reporting disappointing subscriber growth

#28

Post by unethical_ban »

ProfessorLayton wrote: post #26
wgerard wrote: post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…

Audio previews! Holy shit! Terrible experience. And auto-play for episodes. I know it gets people hooked to watch, but still annoying.

There are so few configurable items in their Netflix menu.

Re: Netflix shares decline after reporting disappointing subscriber growth

#29

Post by matte_black »

jetsnoc wrote: post #24
matte_black wrote: post #21

Earlier quoted context omitted.

I actually bought it quite sometime ago, but that means I have a lot of shares, and the more shares you have the more small movements in price start to add up to real money. Right now I’m down several thousands of dollars on NFLX, which could have easily been a few international vacations. It’s not the first time or last time stuff like this happens, but everything was rallying so nicely the past few days it’s a sham…

You can't predict the market but I think they still have some growth ahead of them and that their shares will still rise. They won't rally and grow as much as they have forever but I don't think the market has softened up for them yet. I'm going to buy while they are a little down.

I do think they will grow but now I’m planning when my actual exit will be. I think I’ll give it another year or two before pulling out and realizing the gains.

Re: Netflix shares decline after reporting disappointing subscriber growth

#30

Post by hueving »

throwawaymath wrote: post #23
scurvy wrote: post #13

Earlier quoted context omitted.

Sucks if you bought in this morning hoping for a big earnings surprise. (I didn't, but I know those that did)

Opening a position on the day of the earnings announcement is generally a bad idea regardless of whether you’re right or wrong about the direction. Volatility is effectively priced in at that point.

You're thinking of options, not stock. Stock price itself can't imply volatility, it can only reflect market expectations of earnings.
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