Beyond Trading CEO, Mr. Vieira recommended to subscribers to close long positions in Netflix (NASDAQ:NFLX) within the range $300.7-301.14, reversing to the short side ahead of earnings report.
Yesterday, Mr. Vieira sent a note to subscribers reiterating a Sell rating in Netflix (NFLX) ahead of earnings report, released on Monday 07.25.2011.
Netflix traded as low as $249.09 after-hours.
This trading call is confirmed by NASDAQ.com (see Level 2 real time screenshot after-hours) data, video and audio transcripts, as well as more than 3000 subscribers around the world.
No other individual or company in the world is able to exhibit today's trade call in Netflix after-hours at $249.09
Subscribers are going to remember $301.14 for a very long time. They sold the stock at the top, and in most cases, reversed to the short side according to my opinion. I am not surprised to have more 37 new clients coming from Wall Street rivals, Goldman Sachs and Morgan Stanley. Finally, investors are getting tired of salesmen. Recently, one of them downgraded Google before earnings announcement at $530, while we upgraded the stock at $478. We have all these idiots in Wall Street dancing the tango, losing millions of their customers money.
Vieira, Beyond Trading CEO