Shorts Get Killed In Netflix Again (NFLX)

Going into Netflix's NFLX Q4 earnings, it was one of the most shorted stocks on the Nasdaq exchange, with a short interest over 20%. Put simply, many players on Wall Street are continuing to bet against this name. The major knock against the stock is its valuation. NFLX trades at a trailing P/E of 80, a forward multiple of 54.4, and a PEG ratio of 2.23. Furthermore, the shares are trading at almost 5X sales. It is an unbelievably expensive stock. That has mattered very little, however, in the last year when the shares have rocketed more than 300%. Furthermore, the company has made the shorts pay dearly with their Q4 numbers, which have sent the stock up another 15.35% to $211.20.