Notflix

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As much as I love shorting stocks, I often have trouble shorting stuff which has already lost half of its value like, say, Netflix. I mean, yes, the long-term chart looked bearish enough, but I didn’t do anything about it.

I think you know where this is going.

Perhaps the demand for productions in which 18th century English courts are populated by nothing but black royalty is waning. In any case, congrats to anyone who was short this pig.