Over reaction to Netflix

Oct 11, 2011 -- Netflix reported losing 800,000 U.S. subscriptions (due to initially splitting off the DVD business).

Jan 25, 2012 -- Netflix reported gaining 600,000 new U.S. subscriptions (due to reversing its decision to split off the DVD business).

In my opinion, the evidence is clear as Netflix was able to change the minds of customers in a very short period of time (only 4 months).  Netflix will likely continue reporting positive earnings and regain investor confidence (i.e. stock price will climb).  I continue to hold my position in Netflix (NASDAQ:NFLX) as seen from my August 2009 stock portfolio.