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01-20-2022, 06:36 PM | #12346 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Disney is taking a beating too.
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Posts: 57,743
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01-20-2022, 07:03 PM | #12347 |
"I'm with you fellers"
Join Date: Oct 2008
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What are thoughts on Crypto.com Coin
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Posts: 737
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01-20-2022, 07:18 PM | #12348 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Morning pump, afternoon dump!
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Posts: 46,090
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1 0 |
01-20-2022, 08:21 PM | #12349 | |
In Search of a Life
Join Date: Aug 2005
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Quote:
I would dump all my green accounts, but then where would I put the money? Inflation is eating people's savings at an alarming rate. |
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Posts: 43,200
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01-20-2022, 08:34 PM | #12350 | |
MVP
Join Date: Sep 2004
Location: San Diego, CA
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Quote:
I think they got burned by a few things, primarily overly aggressive growth during the pandemic, along with the pandemic forcing more companies to start offering remote content. The overreaction to the Xmas commercial, an incident with the treadmill, and a Sex and the City episodes all drove the price down, too. Will be interesting to see if they can recover. |
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Posts: 5,165
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01-21-2022, 08:38 AM | #12351 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Yesterday was a ****ed up day. Not shocked at all that we opened up and closed down but the selling came in heavy and I believe in large part because of Netflix.
The QQQs smashed through the 200 day SMA and this morning are completely under it. The SPYs however are just getting to the 200 day SMA, still about 40 SP500 points or 400 Down points above it. Keep your eye on this one. |
Posts: 129,512
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01-21-2022, 09:27 AM | #12352 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
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Posts: 129,512
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01-21-2022, 10:20 AM | #12353 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Disney getting crushed due to Netflix bad streaming forecast.
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Posts: 52,239
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01-21-2022, 10:25 AM | #12354 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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I went to see Spiderman at AMC this past weekend. I've always generally liked the place, but I think COVID has made me old and cranky. I sat next to a kid who put his recliner up and down no fewer than 150 times during the movie, and someone thought it was a great idea to bring a baby who started crying right around the movie's climax. (The parents did not take the baby out - it cried for about 5 minutes before quieting back down.)
I may have to get snooty and drive the extra 10 minutes to Alamo in the future. P.S. Their stock hit the 16s this morning. Funny how quiet it's been in here lately on that front. |
Posts: 52,368
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01-21-2022, 10:26 AM | #12355 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Mtg has been in hiding. Lol
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Posts: 52,239
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01-21-2022, 10:27 AM | #12356 |
MVP
Join Date: Mar 2019
Location: KC
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Posts: 7,504
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01-21-2022, 10:28 AM | #12357 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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I bought 50 more shares of Disney at $138. I'm out of cash or I would have bought another 150
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Posts: 52,239
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01-21-2022, 10:54 AM | #12358 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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RE: Netflix.
No substantive evidence here, but it looks like guys are selling some more distressed balance sheets they want to believe in but are cutting some bait in the face of a potential downturn. Then the bad earnings accelerated things, then stops got ran, and BOOM the market is saying **** Netflix. |
Posts: 57,743
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01-21-2022, 11:18 AM | #12359 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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The analysts loved NFLX $150 higher and now they all hate it.
Analysts are worthless |
Posts: 52,239
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01-21-2022, 11:51 AM | #12360 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,743
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