Bloomberg: Netflix (NFLX) Analyst Misses 572% Rally

By Trader Mark
18 October 2010 @ 11:55 am EDT

On one hand I want to applaud this analyst for taking a contrary position in an industry where pack behavior dominates.  On the other hand, this is the difference between a portfolio manager and an analyst... you can be wrong for 572% and still keep your job. (or in his case, he was promoted by jumping to a much more visible firm)  In the words of one of the pre eminent crime fighters of the past generation - Mr. Wible missed the stock "by that much."

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