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In response to
"I'm tempted but also feel it was a bit overpriced."
by
sycor
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Let's do some math assuming you were okay with Monday's valuation
Posted by
Will Hunting (aka JoeMetz)
Apr 20 '22, 06:58
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Some basic assumptions.
They had 220mil subs.
They each spend $20 a month.
Reality:
They lost 200,000 subs.
They lost $4mil in monthly take.
They still have 219.8mil subscribers who provide $4,396,000,000 a month.
I get the future concerns but even with the 2mil subscribers warned of leaving, that's 1%.
They lost *25*% yesterday. There's no world this stock was valued at X on Monday, loses 1% of the customers, and is somehow worth .75X now.
The market is stupid.
This is 1 tv show not renewed for Season 2 in costs for the year.
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