No sane CEO will buy NFLX at its current valuation. And if anyone offer to buy them, it'd be at a substantial discount and NFLX's shareholders will likely not go for it, since they bought into the Koolaid. So, this is stucked in a perpetual motion now until the stock fall to a reasonable level, before even an acquisition can happen. My humble opinion is that it has another 50% to drop.
NFLX has nothing but subscribers and what is that subscriber database worth. I agree with you Paul, maybe 100/shr but likely less than that. No there will be no buyout offers at this level.
OldSchoolHoldOut - Time to put on some of that old schooling thinking, I dunno, I'm from an older school than you where the the first thing you learn is get the h&ll out before you've lost your shirt. No shame it that the way it works. If you really believe NFLX is going to the moon from here, you are not thinking at all but are controlled by your emotions bouncing between fear and greed. Take my advise friend, you can always come back in at some point but don't be stupid. You can thank me later.