Netflix Stock Is Down 15%, Should You Buy The Dip?
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Yeah, sure, whatever, do whatever, I don’t care, you do you man, what am I, you mother? Shit, you want to buy the dip, who am I to stop you? What are you going to do once you own a nice shiny new dip? Idk, but that’s what you wanted so honestly, you just go for it. Enjoin your dip. Happy dipping.
I mean, who knows if by the time you read this Netflix will still be dipped. Maybe it’ll be up. Idk. But at the time of writing Netflix (TDM) is down 12% this year period and 19% over the year period. Where I got 15% from for the headline I have no idea, honestly, I’m just making stuff up at this point.
Obviously, this is all down to Netflix’s WB bid (WBB for short) which would be a massive undertaking by the company and will end up looking much more like a merger than a takeover.
Will Netflix go back up? Potentially. We’re all waiting to see what happens. Maybe it’ll go up, maybe it’ll go down but stay tuned to find out!
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