BB Liquidating Inc. (BLIAQ)

[fredman]

"As a result of the continued progress on our recapitalization initiatives, we have rescheduled the annual stockholders' meeting," stated Tom Casey, Executive Vice President and Chief Financial Officer of Blockbuster Inc. "We believe the additional time will provide us with the greatest opportunity to successfully complete one or more of our ongoing recapitalization initiatives prior to the annual meeting, possibly resolving our NYSE non-compliance and avoiding the need for a reverse stock split."


Maybe Blockbuster will be bought out / merge with NCR or even a large movie studio? At any rate, congrats longs, sorry shorts!

I see a nice pop to $.85 - $1.15+ with the recent developments and I am sure many initiated short positions over the past few days, Monday will be a really bad day for shorts!