Netflix – In Your Facebook

Sorry Netflix, as predicted, Facebook is now getting in the movie business. Netflix reached a high of $240 about a month ago and has been on a down trend today dropping to $199. This stock will be cut in half by the end of summer. here is the Facebook story http://www.businessinsider.com/netflix-facebook-warner-brothers-2011-3 I have been able to profit from the recent drop buying Put options on NFLX.  Here are some recent posts on NFLX. http://www.overpricedstocks.net/tag/nflx/ See more trades daily at www.overpricedstocks.net

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