More isn’t better

Netflix is crashing today after last night’s news that subscriber adds were not as many as Wall Street had been expecting. Netflix rarely misses this number, but it has happened before. The stock is prone to massive rallies and selloffs, given revolutionary nature of what they’ve built and the inherent uncertainty involved with building an expensive, sprawling distribution network around the world while simult...

source http://thereformedbroker.com/2018/07/17/more-isnt-better/