Netflix and the stock market

Netflix and the stock market. The CEO of Netflix R. Hastings has been given a panning by investors in the last couple of months. OK they've made some bad decisions and lost a few customers but $304 -> $103 that ridiculous. Clearly $304 was stupid but I imagine when their numbers are finally posted we are not going to a total wipe out I think they will probably still be making money. There only real competition is Hulu and that much more of a disaster given that the only true people who will buy them is blockbuster which is a rebranded Dish Network. If you look at the viewership numbers on Network Television its a disaster HBOGo only real viewership numbers is on few set top boxes. Give it a year or two and Amazon, Blockbuster and Google have spent their war chests on content, HBO, Showtime, Epix and Starz have to start factoring increased streaming costs on their contract renewals. A scared network/film/cable television realizing their viewership is still plummeting then Netflix money will star to look good and Netflix stock price will rebound. It's more a question on what is a stock price and its amazing how fear works.