Wednesday, February 23, 2011

OOPS: Netflix Is Tanking, And Now It's Lower Than Where Whitney Tilson Covered His Horrible Short

Short selling is brutal.

With its 2.8% decline today, Netflix at $215 is now clearly below where Whitney Tilson announced that he was covering his Netflix short.

Tilson's short-covering announcement on February 10 can be found here. The stock closed at $223 that day.

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