I bought the stocks when they were 1.93 a share. Now they are down to 1.25 a share. Why is bbi so low right now and look like it isn’t going up? Should I sell or hold on?
put in a stop – bbi probably won’t go to zero but it could be rangebound for years in this economy. A year or so ago I was looking to buy FBR on a broker reco, just watched, back then it was 2 and change, now look at it!
The stock is making a new 52 week lows daily. Blockbuster also needs to realize that people don’t want to pay $5 dollars for a Video when they can go to a mom and pop store and pay half.
The company is dead and so is the stock. Sell while you can before you become the only shareholder.
2 Responses
Mom3Boys
January 21st, 2010 at 2:03 pm
1put in a stop – bbi probably won’t go to zero but it could be rangebound for years in this economy. A year or so ago I was looking to buy FBR on a broker reco, just watched, back then it was 2 and change, now look at it!
Big Bully
January 21st, 2010 at 6:23 pm
2The stock is making a new 52 week lows daily. Blockbuster also needs to realize that people don’t want to pay $5 dollars for a Video when they can go to a mom and pop store and pay half.
The company is dead and so is the stock. Sell while you can before you become the only shareholder.
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