Shares of Netflix are ripping today after the video rental and streaming company posted a surprise profit in the fourth-quarter.
The stock is trading up more than 37%.
Hedge fund manager Whitney Tilson, who runs T2 Partners, is long Netflix.
Back in October at the high-profile Value Investing Congress, he gave a big presentation on some value stocks that he likes. In that presentation he touched upon Netflix.
We've included the excerpt in the slides that follow.
After a long history with the stock, Whitney Tilson had a new update.
At the time of his call, Netflix had been getting CRUSHED.
Tilson, of course, has experience on both the long and short side of Netflix. He got burned pretty hard shorting it on the way up the last time.
See the rest of the story at Business Insider
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