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BRIEF-Netflix jumps 39 percent at the open after results
NEW YORK |
NEW YORK Jan 24 (Reuters) - Netflix Inc : * Shares jump 39 percent at the open after results
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Comments (1)
BasicKnowledge wrote:
Yep, the insanity of buying remains.
Anyone buying any stock with P/E in the hundreds has lost all reality.
Fundamentals prevail, and Netflix is a company with a product that people really do not need. When this excitement ends, NFLX and those like it, will be the stocks dropped the fastest.
Anyone buying any stock with P/E in the hundreds has lost all reality.
Fundamentals prevail, and Netflix is a company with a product that people really do not need. When this excitement ends, NFLX and those like it, will be the stocks dropped the fastest.
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