Stock Pick by Layneh

BBI: Blockbuster

Start trading BBI with real money!

Rate Analysis

5 ratings

Posted 228 days ago on 4/07/09

Market call:BBI will go DOWN
Target: $0.65 on 7/07/09
Current: $0.74 (-6.92% from time of market call)

Blockbuster is having trouble with creditors, and as a current customer, I haveplaced my account on hold with them. They are trying to raise their prices, and are changing accounts without informing their clients. In turn, the clients are suspending their accounts and trying out netflix, as well as other competitors. The only blocks Blockbuster is going to be breaking, are the ones in the floor, cause they are dropping.

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Timm Rees

Posted 4/7/2009, 11:22 am

Good call. I agree.

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