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Tuesday, April 23, 2013

NFLX

NFLX was the story of the day (for stocks, not for the market), gapping up big on earnings just like it used to before the Great Collapse, and probably for the same reason - too many people leaning the wrong way, resulting in a short squeeze. Why anyone shorts this before earnings is beyond me, but I guess I'm just not a high roller. I suspect this will be another "gap and crap" move like the last one it made, in January.

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