Sunday, May 15, 2016

NFLX p/e @ 300. Is this sustainable?

Netflix has a current p/e of 300. Shares are valued at ridiculous prices to what profit they currently make. Do you think that they will expand so much as to meet this expectation, or is now the time to sell? I generally don't feel comfortable holding anything that crawls past 200, but netflix is netflix, and I wouldn't think it will be going anywhere any time soon.

What are your thoughts?



Submitted May 15, 2016 at 09:23PM by Snow_King7 http://ift.tt/1Ou61kR

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