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You don’t think so? They are already massive. Getting into live sports buying podcasts. Netflix is coming for it all! Year to date is it down 37%. Thus making entry at this price with its projected growth a low risk high reward play.
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Feels like blockbuster to me. I mean, do the youths even watch netflix anymore? besides, what is netflix's edge? There's Amazon and Disney, providing roughly the same service. I would not at all be surprised if we see that all three of these overextended themselves.
Jeremy is not right in the head. I don't believe Netflix has anywhere near the potential to grow like that.
But whatever the case, we are all having fun.