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A Chip Off the Old Block: Netflix and the Law of Vibration in Action

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The market turns on a dime but most traders cannot.   Did something fundamentally change in Netflix (NASDAQ:NFLX) the company yesterday? No but something surely changed in Netflix the stock.   On Monday after the bell Netflix reported strong earnings and the stock followed suit with a huge gap opening on Tuesday.   However it was all downhill from there as Netflix skidded from an opening print high of 389 to around $314 after the bell when the suspicions that billionaire activist investor Carl Icahn had been selling were borne out as he tweeted:   “Sold block of Netflix today. Wish to ...
    







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