On Wednesday’s PreMarket Prep, RealLifeTrading.com CEO Jerremy Newsome discussed his extremely bullish take on Netflix, Inc NFLX 0.11%.

Netflix shares are getting hammered once again on Wednesday, down 3.8 percent following a report by research firm M Science that “churn among price-affected subscribers” was likely responsible for a Q3 domestic subscriber growth miss.

Newsome is not sweating Netflix’s slumping share price or its disappointing subscriber growth.

“I love the stock. I love what they’re doing. If Netflix goes down to $88, I will buy it again,” Newsome said.

He also predicted that Netflix will be back at its all-time high of $130 again within the next 12 months.

“The stock is amazing; they put out great content. I’m ready for this thing to run on earnings. It looks so bullish to me I can’t even talk about it because it’s so great. I’m ready to play it any way I can – bullish,” Newsome concluded.

This week, Netflix management laid out its plan to focus on original content in coming years. The company has…

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