Options Oracle: 11/01/12


Netflix, Inc. (NFLX) shares surged by more that 20% on Wednesday, triggering a brief halt in trading of the company’s stock. A Securities and Exchange Commission filing said that billionaire investor Carl Icahn had acquired a 10% stake in the company. According to the filing, Icahn and his affiliates believe “the shares were undervalued due to the issuer’s dominant market position and international growth prospects.”

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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