Nope. Aburd. This stock just moves up on little to nothing, and for no reason. It drops down but suddenly something miraculous happens to keep it on it's trend to heaven. In fact, whatever it is today is worth an additional $1B to the market cap. Makes complete sense. The ticket for NFLX is punched to be the biggest most successful company in the history of the USA. Just don't look at their debt levels, competition, or ISP issues. Buy buy buy. That's all that matters. Craziest stock I have EVER seen in my life.
It's giving AMZN a run for its money. AMZN P/E is 1400, but profit doesn't matter... just increased revenues. Here, its subscribers. Same story. This is exactly like 1999 where companies were valued on "web clicks" for metrics, as they didn't have any profits. That didn't end well either.