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Summary
Suffice to add, Netflix is doing exceptionally well. With the US/world economy growing, its not only able to build its subscriber base, but is now also able to periodically raise prices.
A few in the mainstream are starting to recognise that the company could double monthly subscription prices to around $20, and most customers would not cancel. I've no doubt the company will raise prices within late 2018/early 2019.
If you assume annual earnings of $2, that gives a PE of around 125. On any basis, that is ludicrous, but you could have argued that at any point in 2017, 16, 15, 14, or 2013. Higher subscriber numbers, higher prices... that IS bullish.
yours... Bullish Jessica Jones, The Punisher, and Stranger Things.
