No CEO would come out and tell shorts to cover unless he is sure of something that is about to support his claim, we are talking about the CEO of the year, Reed Hasting putting his reputation on the line. Reed is telling all those high flying hedge managers If you don't cover now you are going to get destroyed because I am about to report over 20 Million subscribers and no sign of a slow down. I am also about to report that I have started the infrastructure of Netflix Europe and Netflix Latin America and by end of 2012 Netflix will have over 30 Million Subscribers. Reed is giving those Big shorts a last chance to cover.
Whoever watches reruns of Family Guy and Battlestar Gallactica has way too much time on their hands, in my opinion. I work full time and has three children. I have no cable, no NFLX. I barely have enough time to help with me kids' homework and and help my wife take care of the household. May be I should get on welfare, get a NFLX subscription and watch those shows and see what I have been missing.
You people don't understand the power of a growing trend. Keep dreaming of competition that will never arrive. Nobody wants to take on Netflix, the sooner you realize this the less money you will lose. The only ones who want to take on Netflix is Bankrupt, Now Time Warner and other Cable providers are scared to death as they watch more and more people pull the plug on them. Watch and learn.....200 EASY