Saw this Bloomberg video recently http://ift.tt/1EMV9TL
The $2k price target seems like total BS, sorta surprising that Bloomberg would come up with something like this. But how much truth is there to their arguments in general? It does seem like China could be a huge addition to their subscriber base, and they do plan to have a presence in almost 200 countries in about a year. Would it be worth it to buy soon in anticipation of the China expansion? What about any bearish arguments? For example, the idea that Netflix has too much competition to remain on top, or that if a Netflix-exclusive show flops, they will lose tens of millions of dollars.
Submitted May 16, 2015 at 01:40AM by DreamTeamThirteen http://ift.tt/1JmOd62
No comments:
Post a Comment