Every month I try and unplug from the charlatans at Comcast, and every hour-long conversation ends with stipends and another month of my obedience. Yet I never consider cancelling Netflix. It is just so reasonable, and good. So while the rest of my life teeters on the brink of destruction via a calamitous stocked market, I have a beacon of hope in Netflix.
The stock was up 9.10% today, TODAY–a day when breadth was stank and churn was the best outcome. Look at the January seasonality on these guys. The weather goes south, and NFLX goes north:
Quarter after quarter these guys grow their revenues, like clockwork:
Propelling the shares higher today was news out of the Consumer Electronics Show that the website is now streaming to over 130 countries, including India. India is freaking huge, let’s all be clear about that.
This is great news for America. We are exporting our greatest industry, movies, worldwide via the internet. Gone are the days where spools of film were flown about the globe. Also, despite easily accessible piracy channels, Netflix remains supreme. Celebration!
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Why I never buy Nflx, I’ll never know. What a move.
Get a jailbroken Amazon fireTV stick to mess around with. It does sports, movies, live TV, streaming, even Netflix providing you have an account. Once you get the hang of it no need for Comcast.
That being said I still have Comcast for one local sports channel it does not have, but will be cancelling after hockey season.