Looks like Netflix is on the move again - are you still buying JR? Looks set to move into higher ground after challenging recent highs.
For many years now experts have been suggesting that content will be invaluable in the future. Netflix must have a massive array of content which together with the company’s traditional business operations must be growing in value each and every year?
Takeover speculation is never too far away with this one and with many tech companies holding highly valued paper (shares) they could afford a mix of shares and cash in any takeover attempt - assuming they could add real value. We are in an age of multi-billion dollar takeovers so never say never.
Personally I think Apple has left it too long to get the best out of a takeover - not saying they couldnt make it work but it has been a good few years since Netflix first appeared on the Apple radar (if the rumours are true). Apple is not the perfect company many investors assume - maybe their reputation is starting to unravel?
If not already, it looks as though this share is on the verge of a chart breakout. Any guesses about a potential takeout price?
As luck would have it, both my put and my call ended up being worthless - the stock was relatively flat on earnings for a change last time.