$Netflix(NFLX)$ I continue to -To The Moon - Tiger Brokers Online Investing Community - To The Moon

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MaDLabbit
02-18 12:36

$Netflix(NFLX)$ I continue to be bearish at the moment for Netflix. I think it is overvalued at 23 forward PE and EPS of $2.39. It have uncertainty over its head with WB deal going on. The longer this uncertainty the worst for its share price. I expect it to drop further to $50 level. I will look to start to take position anything from $60 to $50 level. Do you think Netflix will win the deal?

# Paramount Lifts WBD Bid: Chase WBD or Buy the Dip of Netflix?

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Discovery and reigniting Hollywood’s takeover drama. WBD still backs its $27.75 per share binding deal with Netflix, with a March 20 shareholder vote scheduled. Paramount says $31 isn’t its “final” bid and is even willing to cover Netflix’s $2.8B breakup fee.\n\nAt the open: PSKY +8%, WBD +3%, NFLX -1%—with Netflix sliding toward $75, eyeing $70 as the next technical level.\nAre you bullish on WBD and PSKY?\nWill Netflix match the $31 bid?\n","image":"https://community-static.tradeup.com/news/f78012ad46d9d1eda325d71861833899"}],"images":[{"img":"https://community-static.tradeup.com/news/aca2740f35878bc3fda870d9a6203a87","width":"1170","height":"2532"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/aca2740f35878bc3fda870d9a6203a87","width":"1170","height":"2532"}],"title":"","html":"<html><head></head><body><a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$&nbsp;</a><v-v data-views=\"0\"></v-v> I continue to be bearish at the moment for Netflix. I think it is overvalued at 23 forward PE and EPS of $2.39. &nbsp;It have uncertainty over its head with WB deal going on. The longer this uncertainty the worst for its share price. I expect it to drop further to $50 level. I will look to start to take position anything from $60 to $50 level. Do you think Netflix will win the deal?<img src=\"https://community-static.tradeup.com/news/aca2740f35878bc3fda870d9a6203a87\" tg-width=\"1170\" tg-height=\"2532\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$&nbsp;</a><v-v data-views=\"0\"></v-v> I continue to be bearish at the moment for Netflix. I think it is overvalued at 23 forward PE and EPS of $2.39. &nbsp;It have uncertainty over its head with WB deal going on. The longer this uncertainty the worst for its share price. I expect it to drop further to $50 level. I will look to start to take position anything from $60 to $50 level. Do you think Netflix will win the deal?<img src=\"https://community-static.tradeup.com/news/aca2740f35878bc3fda870d9a6203a87\" tg-width=\"1170\" tg-height=\"2532\"></body></html>","text":"$Netflix(NFLX)$ I continue to be bearish at the moment for Netflix. I think it is overvalued at 23 forward PE and EPS of $2.39. It have uncertainty over its head with WB deal going on. The longer this uncertainty the worst for its share price. I expect it to drop further to $50 level. I will look to start to take position anything from $60 to $50 level. 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