I have no position in Netflix. I put one in in December (on the Stocktwits stream) when the stock was in the 90’s and went to hang with some very smart people who had me convinced the Disney Deal was going to kill them. I let outside opinions influence (people I trusted that were super smart) the price and catalysts that were the reason for my investment in the first place. Now the stock has doubled. The catalyst may or may not be fully priced in, but Netflix is dominating on engagement and eyeballs.
Now they are back and have a strong currency in their stock. These things don’t last forever and Netflix knows this now better than anyone.
I can see them making acquisitions that control future talent. I mean if you can’t control old media, why not corner new media.
If Netflix buys Kickstarter (and leaves it alone), talented products and content will continue to surface which Netflix can speed to market as well as anyone and deliver the marketing and engagement that matter at the right time.
Netflix is just a $10 billion company and $AMZN is $120 billion. I like the Netflix subscription model better and a play into ecommerce and talent commerce (basically the distributed CAA and movie studio of the future) would be cemented.
Could it happen?
Maybe Amazon will read this and make the first move.
Either way, hard to be a bear in the age of windfall celebrityism, bitcoins and consumer delight.