Before the loss my total yolo was \~$10k. Mods, if you need me to post all 11 positions individually in the comments just let me know. This is both a YOLO and discussion post.
While Iโm not going to lay out the full bull case for NFLX, I think its current performance is largely based on perception rather than fundamentals- which are very strong. If NFLX can show itโs still growing and expanding into ad tiers, live content, sports, international audiences, etc, and also report positive earnings and customer growth, I believe that will convince Wall Street itโs still capable of succeeding despite Reed Hastings departure- which I feel was a large factor contributing to the markets trepidation right now.
Another overlooked catalyst right now is legal opposition to the Paramount WB merger, which could be a HUGE green flag if blocked by US states AGs or by UK.
Overall, Iโm all in and chillin ๐