Netflix is on an absolute tear.

Netflix has gone up almost 10% today after revealing that their revenue is even stronger than expected. This has brought the stock up to $250.29 (nearly 25% YTD.)

Netflix is continuing to make its own content and are continuing to draw new users despite stiff competition with HULU and others.

Prediction?
I believe Netflix may take a run at $300 in the short term but I do believe that their massive debt and unprofitable operations will catch up to them. As soon as they reach their ceiling with gaining new users they will have a very hard time with collecting new users and will then spend a fortune with having to retain them. I don't think Netflix will be as strong as analysts predict. It's also important to consider that Amazon is steadily gaining additional prime memberships and no question that number will continue to grow. It will make a lot more sense to simply use Amazons services rather than Netflix's especially if Amazon continues to create their own content.

What do you think?

Id like to also hear about whether or not current Netflix users think that their service is sustainable.