Seeking Alpha

Icahn says he sold half of his Netflix position (he thinks)

Carl Icahn offers some sketchy details on his Netflix (NFLX -8%) position during an animated interview on CNBC.

"I don’t have it in front of me. I think I sold half. And I think it’s a great company, and we’ve got a great CEO there in Reed Hastings, but hey, all these companies, you don’t go to the sky," rants Icahn.

Revised: It appears that Icahn was referencing his Netflix sales last fall with his comments.

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Comments (13)
  • KJP712
    , contributor
    Comments (460) | Send Message
    The last half of his full position....
    24 Mar 2014, 01:39 PM Reply Like
  • SoldHigh
    , contributor
    Comments (1013) | Send Message
    If Icahn is scaling out..... nuff said.
    24 Mar 2014, 01:47 PM Reply Like
  • BBcool
    , contributor
    Comments (884) | Send Message
    the 10 year chart.. the sell out, and the upcoming potential competitors..
    24 Mar 2014, 03:03 PM Reply Like
  • pat45
    , contributor
    Comments (419) | Send Message
    Icahn probably already out nflx, just did not want to say on TV. He just wanted to hype HLF...selling that one soon too?
    24 Mar 2014, 03:07 PM Reply Like
  • Doc's Trading
    , contributor
    Comments (1802) | Send Message
    He doesn't quite remember because this sale took place last fall. He also said his son would leave his employ if he sold any more...His son threatened to leave already once when Carl wanted to sell some shares in the 300 range... so he probably is protecting the remaining half with put options, thus appeasing his son and protecting his position.
    24 Mar 2014, 03:09 PM Reply Like
  • dahmed
    , contributor
    Comment (1) | Send Message
    Wasn't difficult to see this coming. Great company but valuations were out of whack for a while.
    24 Mar 2014, 03:18 PM Reply Like
  • GoochyPuppy
    , contributor
    Comments (286) | Send Message
    Not counting what he has "sold" via various types of derivative plays.
    24 Mar 2014, 04:50 PM Reply Like
  • GoldenHobo
    , contributor
    Comments (9) | Send Message
    Sheep....carl Ican't is feeling the squeeze...let's watch carl take it in the shorts..
    Just plain carl....
    24 Mar 2014, 05:01 PM Reply Like
  • Johnwoods41
    , contributor
    Comments (178) | Send Message
    Apple is shaking the tree
    24 Mar 2014, 06:12 PM Reply Like
  • Vern Hoffmann
    , contributor
    Comments (197) | Send Message
    24 Mar 2014, 06:30 PM Reply Like
  • Johnwoods41
    , contributor
    Comments (178) | Send Message
    I don't think burst bubbles bounce
    24 Mar 2014, 06:35 PM Reply Like
  • Vern Hoffmann
    , contributor
    Comments (197) | Send Message
    Nothing points to a burst bubble.
    24 Mar 2014, 11:08 PM Reply Like
  • agamemnus
    , contributor
    Comments (420) | Send Message
    I don't get how you could think Icahn sold half of his REMAINING half in his statement.... gawd you news people are funny.
    24 Mar 2014, 07:11 PM Reply Like
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