Netflix has halved through recent months on weaker than expected subscriber growth. We believe the risk / reward is attractive for aggressive players buying NFLX under $US350 targeting a 20-25% bounce but I stress this is more of a trade as we aren’t looking to accumulate this streaming company long term into current weakness.
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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Thursday 17th April – ASX +24pts, CGF, BHP, STO
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Thursday 17th April – Dow -699pts, SPI down -26pts
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MM likes NFLX under $US350
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Recorded Monday 31st March

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Thursday 17th April – ASX +24pts, CGF, BHP, STO
Daily Podcast Direct from the Desk

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Thursday 17th April – Dow -699pts, SPI down -26pts
Daily Podcast Direct from the Desk
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