NEW YORK ( TheStreet) -- Stay tuned for the news so absurd I couldn't have made it up. Have your research methods and statistical analysis textbooks ready. Junior high level will suffice.I was wrong. I predicted Netflix ( NFLX - Get Report ) would hit $300 per share by summer. It appears it will reach that level much sooner.
NFLX closed Wednesday's session at $243.40, up 4% on the day and roughly 305% since my original call to action. Where were all of the other NFLX bulls way back then? Nowhere to be found. They hopped on the bandwagon once the stock took off. It's all on the record where I was when NFLX collapsed in 2011 and as it began to soar in 2013. As for the company, I have rarely been positive. Given the breadth of content I have produced on the subject over the last three years, I don't have to go over the reasons why. But, at day's end, I have been one of the few in the media -- financial or otherwise -- who has consistently nailed the divergent stories of NFLX the stock and the Netflix the company. If you have issue with words such as "empty promise" and "scam" being used in association with Netflix, I have a proposition for you. Keep buying the stock. There's no reason not to, particularly if you were buying below $100. You're so far ahead by now.