Replies to post #2812 on The Floridian Boys

[JohnnyWinter]

BQI imo, we are near "the bottom" here. Today's low of .75 was the low on May 1st, and the only other "low" was .71 on April 30th. I think today was "the bottom, and I pulled the trigger and bought in. It might go down to .71, but is should be starting its ascent shortly.

As far as BBI, they will definitely file for bankruptcy, and if you are going to play it, get in at .40-.41 and out at .42-.44 and never hold it overnight. Thanks for the info about the stores closing by you, and imo that is pretty telltale.

Hope you are well!

[sandman51]

Blockbuster has 3,750 U.S. stores, of which it plans to close between 810 and 960, while planning to open as many as 10,000 video rental kiosks by mid-2010. It has more than 2,600 international stores (operating under Blockbuster and other brands). It has been claimed that there are more than 43 million U.S. households with Blockbuster memberships

Cost effective and puts them back on levels to compete again ;)

More to the story then you know!