BLIAQ.PK Blockbuster: Blockbusted by Juneteenth!

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	Ian Hall
	Washington, DC User since Sep 2009	42
Covers MPEL COF DGI GASS MYL ULTA ZNGA and 8 other stocks - Go to Blog
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Blockbusted by Juneteenth!
Gotta slip a portmanteau into one of my headlines, just for the laughs! I hear Blockbuster is trying to save itself by re-branding itself and opening "hot new release" kiosks in place of its stores full of outmoded and now mostly instantly digitally available media. Bad idea says me. Then again, what do I know...I thought Domino's would be draggin' ass at $5/share by now.

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What People Are Saying...

Josh Warner-Burke agreed at 2/24/10 5:05 PM Price action was $0.36 -0.02 (-4.2%)

When you made this pick I thought, 'this is shooting fish in a barrel.'

Ian Hall said at 2/25/10 8:15 AM Price action was $0.36 0.00 (0.0%)

I think they're toast. Unless they are bought out by some larger company or come up with some incredibly smart change of focus and attendant re-branding, I don't see how they'll continue to operate much longer.

Ian Hall agreed at 2/25/10 11:23 AM Price action was $0.31 -0.06 (-16.1%)

Forget Juneteenth...this coverage is getting emancipated right now!