BB Liquidating Inc. (BLIAQ)

[aharfo56]

Actually, Blockbuster is still the largest video/game rental business in the nation. The severity and suprisingly fast closings and liquidation of all Movie Gallery stores (including one in my town...the only video place we have unfortunately) could either be good for Blockbuster, or a symptom of things to come. It could be good, because while Netflix (which I am a subscriber to) is a great value, people still like to rent games and movies from traditional brick-and-mortar stores to some extent. I do think the market was/is saturated, but with the other stores going broke they might have a chance if they play their remaining cards right. I thought about selling some other stocks to raise capital to buy BBI stock, but I may wait....they have a lot of debt, a declining business model, and competition.