No, No, Netflix

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Michael Pachter, Wedbush Securities analyst, discusses his opinion that Netflix is a sell, in spite of the fact that the stock hit another high today. Pachter says the cost of content will continue to rise and, as a result, has placed an $80 price target on the stock.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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