Netflix on its way down, Apple on its way up!

In response to my post yesterday in regards to high flyers, Netflix was one of them this year going up over 400% in the past 14 months. They even had a blow out quarterly report on Monday. The stock went almost up to 400 points in after hours trading. However, the CEO Reed Hastings came out with a note warning investors of 'euphoria' yesterday. This sent the stock back down to about 320. In after hours yesterday, it was down another 2%, roughly 315. Then Carl Icahn who had about a 10% holding in Netflix unloaded about half of his stocks. This was probably the biggest catalyst that sent the stock down but it is quite understandable considering he did make over 450% ROI. Readers, please note that he is also heavily invested in Apple and considers the stock undervalued.