Why Whitney Tilson Is Now Long Shares of Netflix

Oct 26, 2011
J. Webster
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You have to give the man some credit: he doesn’t shy away from his mistakes and he isn’t afraid to reverse course when he thinks the valuations change in a stock. Whitney Tilson went on CNBC’s Fast Money Halftime report to discuss why he is now going long shares of Netflix, which he once famously shorted.

“Today, we see a company with $4 billion market cap, down from $16 billion about 3 months ago. And on number of metrics we think that’s very cheap,” he says.

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