It's Tuesday April 26th and this is Market Fullry. I'm Chris Hill and joining me in

studio today from Million Dollar Portfolio Ron Gross from Income

Investor James Early and from Hidden Gems, Charlie Travers.

Guys, good to see it.

Good to see you, Chris.

We've got earnings this morning from Ford and Coca-Cola,

but we will begin with last night's earnings from Netflix.

Charlie, Revenue Beat Expectations, Subscriptions

grew at a faster rate than expected, and Netflix is now the largest entertainment

subscription service in the United States, but they lowered guidance and the

stock is down more than 7% as we're taping this a very heavy volume. Why is the

bad news outweighing the good results?

Yeah, that's a very good question, Chris.

And I might have to crawl under the desk and hide

before I go any farther because Netflix is one of the most beloved companies in

Fooldom but I'm going to agree with the market selling off the stock here I am

not really that happy with what Netflix is doing you know it's kind of a you know

one down thumb one up thumb, one up thumb. And the down thumb here is that

this company is just wasting gobs and gobs of money at a time when their business is under

assault from all angles. For example, they spend a hundred

million dollars buying back shares this quarter, you know, and they've only got

300 million on the balance sheet, and you know as they're getting into

...