Not on your life...
1. Netflix broke faith with the #1 thing they had going in their favor, a loyal customer base.
2. Netflx had a huge war reserve but spent it buying back stock at a premium ($220.00 a share).
3. Netflix sold bonds to finance further by backs and I believe they are technically insolvent right now, although only an accounting issue.
4. The "new deal" with Facebook excludes U.S. citizens (U.S. Law prevents some of the video sharing plans they have), so I don;t see a big impact in the short-term.
5. By splitting the business model they opened the door for someone else to steal their mojo.
6. They failed to finish Blockbuster (They should have bought them instead of letting Dishnet get them for pennies on the dollar). Now Blockbuster is resurgent with a brilliant marketing campaign aimed at disgruntled Netlfix customers. Even more important, it looks like Blockbuster will offer a Dishnet (and Starz which was the main provider of Netflix content), stream service starting sometime between Oct-Dec. They are also offering Blueray and Video Game rental within the primary price point. If the stream is realized, they could actually be cheaper than Netflix...oh karma is a bitch.
NFLX has some potential and there are those who would say it is undervalued...maybe Amazon will buy them, but the icing on the cake is the insider trading...Reed Hastings and the other seniors at NFLX have done nothing but sell for the last six months...