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Old 10-25-2011, 10:48 AM  
Bladewire
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
Quote:
Citigroup's Mark Mahaney cut shares to "neutral" from "buy" late Monday night, calling Netflix's situation "a major reset."

Mahaney had upgraded Netflix to "buy" in May, but he admitted in his note Monday that "our call has been drastically wrong."
The Netflix stock skyrocketed after Citigroup upgraded their stock. I bet Citigroup made a killing!
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