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Re: geenome post# 4431

Thursday, 12/30/2010 10:02:48 AM

Thursday, December 30, 2010 10:02:48 AM

Post# of 6674
Blockbuster gains nothing by keeping the current shares. They will surely cancel the old shares so that they can issue new shares and make million$. This is one of the reasons in filing for bankruptcy. Why would a struggling company file for bankruptcy and pass up the opportunity to get a few million (free) from issuing new shares. Smart investors know this and get out early, that why the drop in the pps when the announcement was made. The pps is being held high now only because of the investors that don't know this or refuse to believe it.