+ Watch NFLX
on My Watchlist
Netflix delivers its comprehensive library of movies and TV shows online and through the mail in their ubiquitous red envelopes.
I am EXTREMELY skeptical of NFLX ability to hold market share over the long-term with so much competition in this space. This industry is evolving so quickly, NFLX could be left in the dust in the blink of an eye.
So why are you bullish then?
Short term (2-4 yrs) I feel they can be profitable; but I'd watch closely and wouldn't be afraid to jump ship.
People have been saying this for 5 years.
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