The pack leader in this debt-driven bubble, Netflix, made another 8% leap today with glowing media reports everywhere noting that subscriber growth beat analyst estimates in the latest earnings report.
If there’s any indicator big enough saying how much risky speculation is fueling this stock market, it is today’s wall-to-wall media co… Read more
Any politician should be endlessly ridiculed for using the word “free”
“Free” means without cost, and clearly every “free” thing promised by the government comes at a steep cost — the complete opposite of free.
The “free” daycare promised by the current Ontario government which would saddle Ontar… Read more
In my article from several weeks ago, Netflix and BitCoin have disturbing similarities, I conjectured that Netflix will be a big loser in a stock market upheaval:
My issue with Netflix is its irrational valuation. When the inevitable pop in the bond and stock market occur I fully expect this stock to be the biggest loser of the FANG stocks.
Fast forward a few we… Read more
Netflix is poised to pop 10% or more at the opening bell today after reports of subscriber growth beating estimates. 6.36 million new subscribers signed up in the fourth quarter, better than the 5.1 million expectation from analysts.
I don’t have anything against Netflix as a company. I am not a Netflix subscriber, but I think it is great t… Read more
Considering Mark Zuckerberg has studied psychology and has no remorse in exploiting everyone for his own benefit, Sean Parker’s revelations in a conversation with Axios should come as no surprise to anyone following this blog or other anti-social media trends.
… Read more
“When Facebook was getting going, I had these people who would come up to me and th
Trading at nearly 300 times earnings, the debt-fueled stock market has placed a considerably high valuation on Netflix.
Netflix is a microcosm of the world. Just as most consumers and nations are debt ridden, overly speculative, and at the peak of irrational exuberance, so is Netflix.
Yahoo! recently revealed that all of its 3 billion accounts were compromised, up from its initial estimate of 1 billion.
… Read more
“Whether it’s 1 billion or 3 billion is largely immaterial. Assume it affects you,” Curry said. “Privacy is really the victim here.”
Yahoo first disclosed the breach in December . The stolen informat