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Re: WoodyDog post# 3013

Wednesday, 04/07/2010 12:14:12 AM

Wednesday, April 07, 2010 12:14:12 AM

Post# of 6674
If all goes well I see an immediate price target of .33-.35 before we hit any major resistence. IF it breaks through that then it will go right on up to the .45 area which is the next resistence area. And if it breaks that, it is a free ride till .80.

If correctly handled by BBI's admin team I think they can pull it off.

I think BBI's story is the same as what happened to a very big VHS video rental chain in Mexico (VideoCentro), when DVD format came out they didn't adapt and thought VHS will remain forever. Since Blockbuster's name has been around forever all they have to do is match the public's needs and wants. They let their name be de-positioned to Netflix because of that. IMO