Amazon will start selling streaming movies soon too. That can't be good news for NFLX. With a P/E like that, I would sleep well holding on to it.
Pull the trigger long or short on NFLX? They are killing the on demand services..but are the TV companies and movie studios going to eventually crush them? http://manattitude.com/Headlines/Fliks-On-Demand-…-Not-So-Fast.html