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Well, the rumors are out and about again concerning the sovereignty of Netflix. I wrote about this in July when the gossip was up in the air as Netflix filed an Executive Severance and Retention Incentive Plan, also known as ‘how the founders will make money by selling their company’ plan.

Regardless, I am very unhappy with myself concerning Netflix because when I wrote that article I was flirting with the idea of buying a lot of stock in the company as I believed they were on the verge of a buyout. At that time, shares were trading at approximately $15, whereas now they have hit a 52-week high at $28 / share. Oh well, I just would have made a near 100% profit.

The rumors nowadays (which I predicted are that Amazon will purchase the online rental giant, at $42 / share which comes to a valuation of around $2.2 billion. By the way, that’s a ridiculous over-valuation at approximately 30 times next year’s projected profits.

Anyway, it’s inevitable. So, buy yourself some stock. If they aren’t sold in the the next year, you can look to see the price per share in the mid to upper 30’s, which is still a solid profit.

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