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Netflix seen having 'isolated' negative effect from suspending business in Russia

Netflix, BBC iPlayer, News, Speedtest and other Apps on iPhone screen

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Netflix (NASDAQ:NFLX) last week joined the growing number of American tech giants that have suspended operations in Russia due to its invasion of Ukraine. And while the move may have some impact on the streaming

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Comments (14)

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I have 60k in cash in a 180k portfolio. I have too much FB and crypto miners.

What do you think of NFLX at 350? Or should I just buy stuff like AMZN/CRM that are also down? Or keep the cash in case we drop more?
@rod handler look for names you like out of tech
People underestimating the shit out of Netflix. I’m a buyer here.
Seriol profile picture
I became a NFLX long at 370 before the fighting. Thinking now we're going to see across the board substantial reductions in disposable income spending, as people are simply going to be spending more on staples and energy. Worldwide.

What is the reason I should stay long at this point?
@Seriol at which point NFLX becomes more valuable… cutting one night out a month for most people in the West saves a lot more money than a NFLX sub…
Seriol profile picture
@wessle Very interesting point. Almost like a new pandemic, stay-at-home play.
jz10 profile picture
Good thing China banned Netflix, will save Netflix the trouble of pulling out later.
lkrawitz profile picture
I hope we’re not going to punish companies like Netflix because of decisions in regard to Russia.
@lkrawitz Things will be back to normal before summer is here on the Northern Hemisphere.
Ice_Kold profile picture
@lkrawitz I punish them because their content sucks.
lkrawitz profile picture
@Ice_Kold are you watching the same Netflix as me?
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