big boys? Netflix is way too large for other media firms to buy even the largest of them in Dis, it would be too much. Only people who would/could buy Netflix is Apple or Amazon and neither have any history of making purchases anywhere close to that size.
I stand slightly corrected on NFLX. After the ass beating it has taken since earnings it's PE is down to 34. It is actually a lot lower than I thought it was.
PE metrics are just meh. Their goal is to expand, they added like what another 18mil subs in the last year? I think it's reasonable that people have cash flow concerns that they can't stop pumping money into content or things will fall apart. I think Hastings knows he needs to stay focused on growth, Disney still outspends them in total content spending. They need to get bigger. How they manage cash in 2025 and beyond is a big unknown and it's answer is going to be very important to a long term investment. If they are sitting on $60B in revenue in the not too far of future the company be worth a lot more. They need a push into gaming, maybe not gaming as this forum would define it.
Part of my issue is them dropping $50mil on the Obamas for "original content". A drop in the bucket perhaps, but that money could have went to James Gunn or some other content creator.
While taking a look at Media companies take a look at VIAC and wrap your head around how the market prices disney and netflix vs. CBSPart of my issue is them dropping $50mil on the Obamas for "original content". A drop in the bucket perhaps, but that money could have went to James Gunn or some other content creator.
Meh, I flipped it once for profit but decided it wasn't a long term hold for me. I needed to make room for SPIR
Disney has pretty much all of the most valuable IPs in entertainment, plus theme parks, resorts, merchandizing, etc. It's way more than just a media company.
I almost pulled the trigger on VIAC a while back. DIS is different than the other two due to its normally massive money made on these parks, hotels and merchandising. But yeah, market pricing is fucky with a lot of companies.
I will tell you want it does. It rapes my wallet once or twice a year when we visit.
In my scenario with the VIX so high, its the IV crush that sucks the premium out of options. The stock can literally be moving in the direction you want it to and your premium will still get eaten up faster than the stock moves.
A couple of years ago I tried playing the VIX. got my lunch handed to me already eaten. Lesson learned.
Your IRA only has access to.mutual funds? Do they not have a self directed IRA you can convert to?
