Saturday, April 3, 2010

Taking Profit on Netflix

I took some profits last Thursday on my Netflix (NFLX) position. Still think that it's a great company, with huge growth potential. But it's up 50% in a little bit more than 2 months, such profits must be taken. I hold a significant long position, just in case I'm wrong. Planning to buy back shares if/when it falls below 65.

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