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28 July 2021
18:19 hour

Netflix venturing into gaming makes absolutely no sense and will be a waste of time and money.

Reddit Stocks

22/07/2021 - 01:34

Unlike in their current content model, both avid and casual gamers have incredibly easy access to video games/mobile games and know where to get them. Producing new games is expensive and difficult; making them enjoyable and popular even more so. Licensing games from other companies like Sony or Activision would be incredibly expensive as well. Maybe more importantly, the gaming consumer is simply a different consumer - one that would much rather own a game forever than rent it or have access to it via a subscription. Gamers want their own Xbox, their PS5, their Switch, their PC, and they want to buy or download games that they then own as property. It’s just not the same thing as television media. Netflix created a new entertainment paradigm with streaming television shows and movies, but there’s just no window for them here in the gaming industry unless they come up with something new, which doesn’t seem to be their intention.   submitted by   /u/brandnewredditacct [link]   [comments]


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  41. When I hear about Coinbase being a bad investment a couple of other tech giants that were "destined to fail" come to mind. (15/04/2021 - Reddit Stocks)
    Let me get this out of the way. I own 1 (like uno) share of COIN at $320. I'm prepared to buy 1 share for every $20 it falls below that if it does continue to drop. I want to reflect on two tech companies that were supposed to be "dead in the water" dozens of earning calls ago. Netflix and Facebook. I remember following Facebooks IPO in particular and the internet as a whole (as well as myself) said it's ABSOLUTELY DEAD MONEY. There was no way it was ever going to continue to make money. Everyone around me was "leaving it." The valuation was "insane." The stock price tanked pretty good out of the gates and everyone laughed. It stayed low for weeks (maybe months if I remember right) and I patted myself on the back for staying away. As earnings gained more and more traction the perception started to change. What was pointed out was that the parents of Facebook users were becoming more active then any of the core group that gave facebook it's start. These same people really enjoyed playing the browser games that most "kids" lost interest in. Businesses started using it to reach clients. Facebook itself didn't change but the user base did. As time goes on it continues to make good money and the stock has proven to be a good money maker. It defied the popular opinion. When we think about too much competition in the future Netflix comes to mind. Netflix was also supposed to have been "cooked" ages ago because of the competition that was coming about. When Prime Video launched it was the "end of Netflix's growth." When the users in America were maxed out there was "no room for growth." Netflix grew globally and offered exclusive content. There ended up being plenty of room for many streaming companies and everyone has been making money (this could be debated today but I'm comparing to ten years ago here). I assume you get my comparisons to Coinbase. The arguments against Coinbase are that the valuation is too high and there is no room for growth. The platform sucks and everyone on reddit is "leaving it." There are tons of companies that will steal business from Coinbase to make them unprofitable. I would argue we've seen this before. If Crypto has the future so many of you think it does then there should be plenty of business opportunities for everyone. The grandmas and grandpas that aren't in Crypto yet will go to the most legitimate company in the space (COIN). If my kids grandparents can call any video streaming platform "Netflix" I assume the same is possible for all crypto exchanges being called "a Coinbase." Being first and top of mind goes a long way. The potential customer base out there is huge for COIN and for others. Side note: ETFs will be picking up COIN for their portfolios as they are required. A lot of institutions will be holding COIN soon if they aren't already. Sorry this post got a bit sloppy. I started out with a lot of good points in my head but they didn't type out that way. I'm on my phone in a waiting room killing time. There are good arguments against my arguments but I don't think we are seeing enough of the supporting ones for Coinbase. TL;DR Facebook was a "for sure" flop when it went public for similar reasons as COIN. Netflix also was supposed to fail a number of times due to capped growth. Lastly, in my opinion anyone who owns TSLA doesn't have a right to talk about stocks being overvalued.   submitted by   /u/GMEgotmehere [link]   [comments]
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  42. Long term stocks (04/04/2021 - Reddit Stocks)
    What stocks are you buying and holding for the next 5-20 years? It’s pretty obvious that technology will be as big as ever - Im in Apple and Microsoft Electric cars will be huge - I’m in Tesla Disney - Disney plus set to overtake Netflix, Disney theme parks will expand and grow ( I’m in Disney) Cash is slowing being removed from society - I’m in PayPal, square, visa, jp Morgan Yolo play - I’m in pltr (got in at 21 dollars) I believe there’s a high chance of it being massive in the future Gaming - I’m in draftkings, competitive gaming is a growing industry I am considering adding crsp with its discounting price What other industries or stocks should I consider?   submitted by   /u/_gm90_ [link]   [comments]
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  43. Casella Waste Systems buys Willimantic Waste Paper (26/07/2021 - Seeking Alpha)

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  44. Earnings Outlook: Can ‘The Witcher’ and other hot series lead Netflix to a second-half surge? (16/07/2021 - Market Watch)
    Few tech companies prospered more than Netflix over the first 12 months of the pandemic, but as the lockdown continued and content dried up, rivals gained ground. The question now is whether Netflix can reassert its dominance with a strong content slate.
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  45. Is Novavax starting to look like Enron? (04/05/2021 - Reddit Stocks)
    Maybe its because I watched the documentary last night. But insiders dumping HUGE amounts of shares before they even have a product out and also selling while telling everyone they have the best numbers doesn't really make sense. January they announced numbers for nothing other than to dump shares it seems. 4 months later and there is still absolutely zero change. How can the company with the most life saving product STILL not have approval when people are literally getting sick and dieing everyday without it. It does not make sense to me and im trying to make it make sense. Who knows how many lives $AZN has saved while getting shit talked THEE ENTIRE TIME. I know materials have been a problem but with citizens lives and countries economies on the line, you'd think Governments would be lining up to give them what they need to help save the world. I didnt post this on the r/NVAX sub because you get nothing but pumpers on there with no real discussion and also I was banned. I would love to hear from people that have been following $NVAX but are not invested in them to get an unbiased opinion. I am not short, I bought more this morning so frick off.   submitted by   /u/OG_simple_rhyme_time [link]   [comments]
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  46. Japan Exports of Pulp Waste & Scrap of Paper (03/04/2021 - Trading Economics)
    Exports of Pulp, Waste & Scrap of Paper in Japan increased to 5262.40 JPY Million in February from 4745.91 JPY Million in January of 2021. Exports of Pulp, Waste & Scrap of Paper in Japan averaged 3666.12 JPY Million from 1983 until 2021, reaching an all time high of 12884.57 JPY Million in March of 2017 and a record low of 17.41 JPY Million in January of 1988. This page includes a chart with historical data for Japan Exports of Pulp, Waste & Scrap of Paper.
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  47. Does Netflix feel like a ticking time bomb to anyone else? (15/06/2021 - Reddit Stocks)
    So first off I want to preface this with I'm new to investing, so if I'm just horribly wrong in what I've thought through, please tell me and I'll be on my merry way, but to me Netflix feels like like a ticking time bomb. It feels like a lot of articles about Netflix being either a steady stock or a stock that will increase pretty well in the next few years, practically taking it from other companies, mostly cable as people are "cutting the cord". I feel like that was the right way to think about it a few years ago, but not now. Practically any company that has things to watch is making a streaming service, and thats where netflix fails. They don't own any of FOX, Disney, and streaming services like Amazon Prime has practically an infinite windfall behind them to keep them ahead, as we saw with their recent MGM purchase. And now that everyone has a streaming service, Netflix is losing a lot of their shows it feels. They've lost their most popular one to Peacock, and their own originals don't seem to be blowing up consistently like they did in the Stranger Things era when they had The Office along with many other shows. So with all this, is it a time bomb? Would it be good to short it in the near or somewhat near future? Or even would it be good to buy now and then sell before the it crashes if it will?   submitted by   /u/ShawnOttery [link]   [comments]
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  48. Mexico Imports - Titanium & Articles Thereof, Incl Waste & Scrap (15/05/2021 - Trading Economics)
    Imports - Titanium & Articles Thereof, Incl Waste & Scrap in Mexico increased to 11580 USD THO in March from 8800 USD THO in February of 2021. Imports - Titanium & Articles Thereof, Incl Waste in Mexico averaged 10556.76 USD THO from 2014 until 2021, reaching an all time high of 20836 USD THO in October of 2019 and a record low of 5831 USD THO in June of 2014. This page includes a chart with historical data for Mexico Imports of Titanium & Articles Thereof Incl Waste.
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  49. Is there a difference between a Roth IRA in a bank and in the stock market? (14/07/2021 - Reddit Stocks)
    I recently opened a Roth ira on Webull bc it works best for me at my age and tax bracket, but I’m confused on if there is a difference between one in Webull compared to opening one with my bank. For example, when I invest money, it is suppose to be after tax which makes sense in a bank Roth because I have direct deposit, but how does Webull know the money I invest is taxed money and not something from like a yard sale? If I made one in my bank could I still invest in ETF’s like I can with the one on Webull? Or are they just completely the same and I’m just being stupid?   submitted by   /u/DilpickleOriginal [link]   [comments]
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