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It’s “Game Over” For The Everything Bubble, Says George Noble, Peter Lynch’s Protégé
Forward Guidance
Netflix Is Not Making Money on a Gap Basis
Netflix is now cut through its 2018 price. That means anyone who joined the company and got stock options, those options aren't worth me. People work at Netflix or other companies for a lower salary than they would otherwise because they're placing a lot of value on the stock options. If all of a sudden, the market's not going when people are going, you know, I can go across the street and make up $50,000 or more work over there. They will. So this fraud, this fraud, it's like three card money, pay no attention to the gap earnings. Look at the non-gap earnings. That's a complete fraud, complete fraud.
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