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Netflix, Inc. (NFLX) Message Board

  • bobbyconch bobbyconch Apr 3, 2013 10:48 PM Flag

    I cahn NOT believe, he won't sell a stock with a P/E of over 600. Icahn stated he didn't sell, not that he won't sell.

    To be continued.

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    • Has to sell to make bank right?

      HH

    • moderate_this@ymail.com moderate_this Apr 3, 2013 11:53 PM Flag

      Actually, he said he didn't "sell a single share", but made no mention of hedging his gains. Look at the P/C ratios for this month and next. It suggests someone out there stands to gain big (or protect a big long position) if this thing goes down.

      To be honest, given all his recent activism, I'm surprised he hasn't decided to take any profits off the table yet from one of his best performing trades.

      Sentiment: Sell

      • 1 Reply to moderate_this
      • That was exactly my thought yesterday. He's either lying or playing word games. He's probably hedged so much that he'll make even more money on the way down. I know it will fall on deaf ears but I'm thinking I'll write the SEC about Cramer. Maybe I'll be killing my own profits because I tend to use him as a sounding board of what NOT to do, but he does a disservice to young, raw investors who follow him to their own ruination. He's a skunk and it's always painfully obvious when he is defending a position of a friends or his own for trading purposes. Just look at this one. He's got AAPL buying them, then he has MSFT buying them. Anything he can do to support the stock to either push it up or give his buddies a chance to get the F out. He is a class A J.O. in my book.

        If and when this does get bought out it might be at $100 after this falls lower than that IMHO.

        Remember, lots of white collar crooks out there and they'll love it until they hate it.

        Sentiment: Strong Sell

 
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