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CenterState Bank Executive V.P. Joe Keating, NBG Productions Chief Equities Analyst Brian Sozzi, and SFG Alternatives’ Larry Shover break down Netfl...
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OK I want to let ask you quickly Brian let's get to back to Netflix because this this drop in the stock is pretty dramatic and we're seeing.
The close on the stock was eighty dollars and now it's 72 and falling or something in here that that people really don't like.
How about this -- Netflix.
I'm looking for these headlines.
-- -- in essence saying that that the international streaming subscribers three point nine million to four point four million that's the outlook for Q3.
The streaming -- where they really have the opportunity that to have a nice move here.
But it's just nothing as exciting here in this report that that is making people think that this is a company that deserves to jump back up to what's it's historic -- Threat let me -- because of the debt at this exactly right -- this morning -- this already known as baby I think it was overvalued.
You know keeping with Netflix is they're expanding so aggressively internationally there -- -- -- -- those cost upfront.
That hurts its second thing the stock trade up big time when the CEO came out FaceBook announced that you know -- all of their subscription might be better than expected.
Wrong chances are that that had unrealistic seven million -- seven million subscriber growth outlook for the full year and I'll think it's -- he's gonna happen.
That a lot of well -- people doubted that -- have been expanding -- into the UK and Ireland into Canada but.
-- got a long way to go up but the stock tumbling opera house well thank you very much -- -- -- closely Larry because we'll check in with you and a few minutes to see how the recipes.
