Update: Lemelson Capital Fox Business News short call on Netflix (Nasdaq: NFLX)
- Published in Finding Alpha
- Read 5043 times
On November 5, 2015 Rev. Fr. Emmanuel Lemelson appeared on Fox Business News discussing amongst other topics a short call in shares of NetFlix (NASDAQ: NFLX).
On November 24th, 2015 Lemelson Capital significantly increased the size of its short stake in shares NFLX – the aggregate short price ended at $122.81. The shares closed on Friday, February 5th at $82.79 a decline in value / return of 32.6% in just over two months.
Skechers (NASDAQ: SKX) is also mentioned in the interview - read more here.
Disclosure: LCM is short shares NFLX and SKX
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Amvona publishes critical articles and interviews at the intersection of Faith, Finance and Economics.