Good short here? I think not. I heard good short at 70, 80, 90, and now 100. What addition bad news do you anticipate coming? Theya lready said they will lose money for the entire year, already said what they had to pay for content, already said they lost subscribers. I guess the UK could become a bust and they sign up only 50 people or something like that. And there are no certainties in investing, but the potential for this stock to go up from here is greater than the potential for it to go down.
You have to think in terms of churn, not "losing customers".
If they report that they lost 1 million customers this quarter, that means 5 million cancelled and 4 million signed up. There will come a point in which those new signs up no longer happen, as the population of people who could be interested are tapped out. That's when you see a 2-3 million net loss in a specific quarter, and all hell breaks loss.
Netflix plays the accounting game right now as it tries to grow. As some point they'll get called out on their lack of transparency.