Reed, Don’t Listen To Wall Street.

Netflix took a beating on Wall Street last week.  After revising subscriber estimates downward by 1 million subscribers, its stock went into free fall, closing the week at $155, down from a $300 peak in July. Netflix, the darling of Wall Street for the past three years, has lost half its value in a few short months. It must be a gulp moment right now for CEO Reed Hastings, who has always set...