Agreed! But people have short memories, they forgot how bad they got burned when it was at $300 though the PE ratio was 5 times lower than now, and now they're buying like there is no tomorrow all because Icahn said it was under valued at PE ratio of 50s. It's a shame that the power of a billionaire can have to screw everyday hard working people!
Motley Fool has been on a bad run lately. They have pumped Apple big time and a lot of people (myself included) have been cracked. Pumping NFLX at these levels seems awfully foolish even if you are a bull on this stock. It may be turning around a bit, but it still has some serious issues moving forward. The same problems that caused it's last fall from grace are still evident, and maybe even worse considering the huge debt burden. I am just shocked that people are falling for this again. Hopefully, these are new longs that didn't experience the pain from the last fall, because it made the last group suicidal. I don't know what the short term looks like, but long-term this stock will get hammered.