Netflix Inc (NFLX)

[Cuppy]

I'm with Tecumseh... when you look at how the market treats other growth stocks, such as biopharmaceuticals (which have far greater potential public benefit wrapped up in their deliverable than does Netflix), they are held much more strictly to a P/E ratio that's much closer to the ground than NFLX is... there's really NO LOGIC in it.

NFLX is so far ahead of itself that at some point, even with continued increases in earnings, the market will be content to just let it KEEP the valuation it has awarded it in so far in advance, in which case you get a stock that could trade sideways (or drop some) for a decade.

For the record, I have NO position in it at all, long or short. But at some point this WILL become a fortune-making put. Think back on the tech bubble of 14 years ago...