Just like last year. Netflix defered charges to make the year end quarter looked better, and then reported a loss in Q1. It will happen again. Just watch. Not smart to own at this bubble price for a company with accounting tricks.
Some people are simply slow. Last Friday there was already news that Netflix traffic was lower than expected, and it was confirmed yesterday by CEO's low key expectation and insiders' heavy selling of stocks. So dumb to still own this bubble stock at this level. This stock is going back down to below $100.
The hype is over. The fact is after holiday is over, people have to go back to work. They do not have time to watch movies anymore. Silly to buy Netflix after Q4 report. Just like last year, Netflix will have a horrible first quarter report after the forth quarter. It is all part of the seasonal effect plus accounting tricks to make the annual report looks better.