Look at the number of shows they produce compared to other services. On mobile so not going to link, but easy enough to find. Pretty clear to me that their strategy is to have a show for everyone’s favorite niche. Compare that to HBO where the strategy is to create shows that are actually good. 90% of Netflix is crap, and that’s not to say they don’t make good shows, they just make so many bad ones.
They're also kinda the Google of TV in my mind too at this point No point getting into a Netflix original, it won't make it to s02
Should have probably given some evidence or whatever rather than appearing butthurt
Admittedly this list includes shows that have ended in addition to those that were cancelled. Those will mostly have more than one season. Pinch of salt.
It’s across the board. Everything that isn’t completely entrenched is taking a beating. Hoping to take advantage of the dip to buy into some other great companies that I missed and buy more Cloudflare too.
What's on your buy list? Asking for a friend.
Ha!
I'm looking to get positions in Crowdstrike, ZScaler, Snowflake and Palantir if I can find good entry points. All have been too high to justify for the past couple of years.
I've been in Cloudflare since about $30 and sold about 20-30% when it was at $200, so I figure I'm playing with house money there and have no plans to sell at any point. I would like to buy back though.
Not really. If you can’t handle a down turn, how are you a good company?
This all gets a bit messy when trying to use a simple binary designation of "good" or "bad" to describe a company based on all factors about that company. Good companies come and go. Good companies of old no longer exist because the world changed. Some companies are good for awhile, and then lose their way. Nuance abounds. Not putting words in the parent commenter's mouth, but maybe a different way to say this is tha…
This is basically what I was getting at. Everyone has different definitions of "good" and to limit it strictly to "Survives the current market" is both limited and asking for abuse. E.G. I would argue there is absolutely nothing "good" about US health insurance companies, but they continue to be financially successful.
My belief in their goodness, or lack thereof, has absolutely nothing to do with their finances. It is the same reason I won't invest in Crypto currencies or NFTs. The line may be going up but so is the global temp. Not good.
Please stop spreading misinformation. There are two prices, the bid price (how much someone is willing to pay) and an ask price (how much someone is willing to sell). When you submit a market order, you usually get a price close to the bid (if you’re selling) or the ask (if you’re buying). The 20$ difference you describe is the spread - not a fee taken by the brokerage, market maker, exchange. Whoever is executing yo…
The counterparty for the bid price, and the counterparty for the ask price are commonly the same person. So when you execute both trades, you are putting a literal $20 into their pocket.
Then just don't execute both trades... and everyone can quote on the current bid or the ask price, you should do it too if you're afraid of crossing the spread.
Mongodb is also taking quite a beating. Probably doesn't help that sqlite has been all over the front page lately (e.g. right now).
MongoDB are basically their Atlas product right now, and AWS has a number of offerings aimed right at it. I'm surprised Google hasn't been more aggressive in this space, but Google cloud strategy has never made terrific sense to me.
Google's fairly recently acquired Snowflake is their answer to MongoDB in the cloud.
MongoDB are basically their Atlas product right now, and AWS has a number of offerings aimed right at it. I'm surprised Google hasn't been more aggressive in this space, but Google cloud strategy has never made terrific sense to me.
Google's fairly recently acquired Snowflake is their answer to MongoDB in the cloud.
Cloudflare is down 71% in that same period. Zoom is down 60%. Speculative pandemic tech darlings are no longer darlings and are being hammered across the board. It's going to be a rough time for anyone who had high hopes for their equity compensation.
Mongodb is also taking quite a beating. Probably doesn't help that sqlite has been all over the front page lately (e.g. right now).
Please don't call it zero-fee. Try buying $1000 worth of any stock and immediately selling again. Notice how you now only have $980. You effectively paid a $20 fee. It was just a hidden fee in the spread caused by whoever executed your trades.
Please stop spreading misinformation. There are two prices, the bid price (how much someone is willing to pay) and an ask price (how much someone is willing to sell). When you submit a market order, you usually get a price close to the bid (if you’re selling) or the ask (if you’re buying). The 20$ difference you describe is the spread - not a fee taken by the brokerage, market maker, exchange. Whoever is executing yo…
Is that misinformation or not? Don’t market makers make their profits by collecting some difference between bid and ask? I recall a video from Warren Buffett explaining that it was criminal that firms like Robinhood get away with calling it zero fee trading.
$212M quarterly revenue with a $41M loss. In this climate you better have a solid PE as a public company or you’re in deep shit. This is the second dot-com bust. I worked at eToys for the first. $6B market cap and was delisted. Assets sold off for $2M when liquidated. Make no mistake about how bad things are about to get.
I lived through the dotcom bust, the financial crisis and now this. Long term it isn’t going to be any worse than they were. In 2-3 years we will be recovering. I feel bad for people who can’t wait out a market cycle, but that’s what this is, somewhat exacerbated by the Fed’s actions leading up to this point.
I get your point that everything always goes up eventually, but there will be unpredictable events that reshape the market like COVID, war, 9/11, hurricanes, and many other “one-time” events that we can’t even predict right now. Just because these things kind of happened at different times doesn’t mean 10 of these things won’t happen all at the exact same time or back to back for many years. Imagine having a COVID lockdown, on top of a fuel shortage, and a food shortage, on top of a war, on top of countries defaulting on debt. If even any two of those happened in lockstep it would spell disaster for many company’s as we know. We got lucky there wasn’t another major crisis during COVID lockdowns although to this day we are dealing with the supply chain issues created with strict lockdowns and China is still or really just starting now to lock down in a major way, so now the supply chain issues we had aren’t just on our side of the ocean but theirs as well. It’s a miracle it didn’t happen on both sides at the same time.