Netflix is in my opinion extremely over hyped and over valued.
Competition will force there piece of the cake.
Book value is around 10$ per share
Earnings per share is like 1,50$ = valued 200 times its earnings now that it hit 300$ share price.
When the greed starts, the big players will sell it in to the hands of the latecomers.
I see it technically drop about 50% and then we might get an long term entry.
Only my thoughts on this and please make your own research.
May the markets be with us