You can't play "I'm a network" unless you think original content, but kids, there is a wall, and the market can't play go go forever, witness what happened when Howard Sperm stripped SIRI satellite radio of drillions, the stock went from $7.50 to pennies.
If NFLX has nothing to do with its money, there's always a dividend to shareholders.
You're right. HYPFLIX is a scam, momo stock. Their business plan is terrible and changes every couple months. And yet a group has colluded to push the stock price to 7-8 times what it should be. Fundamentals are finally coming back into play and will bring down this house of cards.