Billionaire Carl Icahn sold Netflix's stock

Billionaire Carl Icahn sold half of his stake in Netflix, Inc. (NFLX) for profit taking today, just after Netflix broke record & reached a new all-time high
He tweeted that at 5:14pm EDT, after market closed & might be responsible for pulling Netflix's stock down earlier today when we issued signal to sell Netflix
Netflix is down further to 314.5 in after-market trading from 322.52 closing price & might drop more tomorrow even if it's oversold

Netflix breaks record after earnings report

Netflix breaks record by jumping from 354.99 to 389 (almost 10%) during after-market trading as soon as earnings report was released just after the market closed
Netflix's reported earnings of $0.52 EPS that beat estimates of $0.49 & issued strong guidance for Q4
Subscribers increased a massive 1.29 million in US & 1.44 million overseas
Expected numbers were 1.1 million & 950k

If it follows Google's trend, it'll reach 400 & stay above it for a day or two
It is also unlikely that Netflix investors will sell their stock tomorrow just after they bought it today, therefore it shouldn't drop too much even if there's bad economic news tomorrow
There's a possibilty for previous stock holders to take profit but after it broke record & looks to go up higher, they might have second thoughts
Short sellers would also avoid momentum stocks such as Netflix for now
Although the stock market is technically overbought & should pullback, investors do not seem to care, which makes it harder to determine the market's direction