Netflix Investors Are Blindly Optimistic

With shares continuing their upward march, it might be time for a reality check.

Steve Heller
Steve Heller
May 13, 2013 at 5:00PM
Consumer Goods

Over the last six months, shares of Netflix (NASDAQ:NFLX) have nearly tripled on the belief that the company is transforming itself into an original programming powerhouse. However, the world of original programming isn't exactly a wide open market. Despite this reality, sentiment appears have reached an extreme level of optimism. In this video, Fool contributor Steve Heller gives Netflix investors a wake-up call. Tune in below to hear his thoughts on the subject.