You can even watch movies that are still in the theater. UNREAL! And they're not #$%$ recordings like someone sitting in the theater with a shaky recorder. They're rock solid HD recordings. There's even several websites doing the same thing whereas you can just use a laptop or computer hooked up to your TV and watch thousands of movies for free. The movie industry is under attack and it's just going to get worse.
Millions have already been sold and I would think that subscriber rates for all the networks are naturally going to drop. Don't count on NFLX overseas subscriber rates to rocket like the analysts predict. These Smart TV Boxes are coming from overseas and are already very popular there and selling like hot cakes here. Ebay alone has over 10,000 listings for the devices. Don't believe me? Search it for yourself and see.
Besides the above reason to SELL Netflix, here's a few more.
1) The stack has a current PE ratio of 372. (over 20 times the S&P 500)
2) Price to Earnings Growth (PEG) is over 13.0 (10 times that of Googles 1.29)
3) Book Value is only $5.20 per share. LOL!!! (Googles is $175.00)