Monday, November 28, 2011

Stock Alert - Netflix (NFLX) +5.3% premarket

Netflix (NFLX) +5.3% premarket after a Barron's weekend article highlights Whitney Tilson's change of heart: The stock could become "the BP of 2011," he says, with a price that could double in a few months and whose downside is low. Shares are upgraded to Neutral from Negative at Susquehanna.

Technical side stock has some resistance area is $70 and support level is $63.

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