Netflix, Inc. (NFLX)

Rumors about NFLX as a takeover target sent the stock more than 5% higher today. Sometimes it is really hard to be short in stocks... Nevertheless such risks I have to take at "overnight-trading".

Here is the story by Business Week.

Finally I got out of the short at 29,51 for a loss of 15,73%. That's really a big hit and my biggest loss this year in my weekly trading strategy.