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Published On: Sun, Oct 14th, 2012

Strangely enough, NETFLIX shares see giant surge

In my years as an avid market watcher, and stupendously annoyed stock market purchaser I’ve seen one thing throughout this entire time — some investors seem to forget which companies  they hate and which they actually love [ironically Technorati feels the same].

Technorati notes that NETFLIX shares even though they haven’t reported any changes nor anything new in their company in a few days, noticed a 35% jump in shares over the weekend topping a $53 mark.

Analysts say despite NETFLIX’s troubles with DVD subscribers, its U.S database shows that its tripled itself out against its biggest competitor which happens to be Amazon’s  DVD and rental service.