K/P is out of range,
stock grows extremely fast. It frightening a bit.
Economist would say, if K/P less then 10, this is first small signal about good growing stock. So, K/P 218 CONFUSING. Netflix does not have many assets, but stock price is huge. lucky guys, who invest their money on Netflix 15 years ago, even 3 years ago… profit is awesome. But if comes bankrupt of Netflix, there would be no money from assets to pay even creditors. So it is important to look on assets, debt…
But positive way.
|June 30,||September 30,||December 31,|
|As of / Three Months Ended|
| Revenue $ 1,505,499 June 30, 201 (in thousands)
Revenue $ 1,820,019 March 31, 2018 (in thousands)
One economist said, Netflix should grow few years more in same speed. So, i think, this is still opportunity to make some money 🙂
good luck, guys.