Netflix (NFLX) Continues Surge, Is $300 In Store?

February 6, 2013 10:23 AM EST
Netflix, Inc. (NASDAQ: NFLX) blows off morning weakness on news the USPS will end Saturday delivery and continues its move into orbit. The Postmaster General said packages will still be delivered on Saturday, which suggest Netflix is safe for DVD deliveries.

On CNBC earlier, Jim Cramer said chartists see the stock going to $300/share.

Shares of Netflix last traded at $181.67, up 4.2%.

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