He's on a mission to restore NFLX's darling status and meantime make the naysayers cry Uncle. Future headline events will propel this thing near and midterm. Profits need to be taken on days like this, and a basing at this plateau .....and then the news bullet on any given day. It's really not until 3 months from now that earnings anxiety can reassert itself here. Time to ride this wave.
p.s. all bets off if this hot and heavy market implodes. Then NFLX might give back say 1/2 of what it's achieved the last several days. Beware Hastings though - he's on that mission and history's shown he can play this game. Don't think he'll mess up again like a few years ago. That chastened him imo
The next news you'll hear from Hastings is of a debt offering. NFLX is running out of cash and they told you in the SEC filing they're going to need more. Since they've told you what is going to happen, don't act stupid and surprised when they actually announce it.
He mentioned on earnings day that it was not necessary tom come now. If it does, then that's just smart and even prudent to go for it at the highs before necessary. That will be a good day to buy some.