Blockbuster Q4: More Losses and Possible Reverse Stock Split

Blockbuster

Blockbuster Inc.'s (NYSE:BBI) Q4 2009 results are in and they aren't pretty, a net loss of $558 for all of 2009 and the company balked on providing a guidance.  A solution to keep the shares listed on the NYSE include considering a reverse stock split which will be voted upon by shareholders in May.

Coinstar up 7% After-Hours

Coinstar Inc. (NASDAQ:CSTR) REDBOX

Coinstar Inc. (NASDAQ:CSTR) is becoming what Blockbuster Inc. (NYSE:BBI) was in the 80's. Coinstar shares hit $29 a share after-hours thanks to their Redbox kiosks.

Blockbuster Under 40 Cents per Share: Penny Stock Trading (BBI)

Blockbuster

Hard to believe but Blockbuster Inc. (NYSE:BBI) shares have now lost almost half of their value since last Wednesday (Jan 20th), the stock is trading at 39 Cents today and everyday it looks more like just another penny stock.

Stocks Under $1: Blockbuster, SIRIUS XM, and On2 Technologies (BBI, SIRI, ONT)

Stocks under $1 (one dollar)

Noteworthy stocks that are trading under one dollar this week include Blockbuster Inc. (NYSE:BBI) , Sirius XM Radio Inc. (NASDAQ:SIRI), and On2 Technologies, Inc. (AMEX:ONT).

Blockbuster Inc. Shares Finish at 50 Cents on Heavy Volume (BBI)

Blockbuster

Got two quarters?  Congrats, you can now buy one share of Blockbuster Inc. (NYSE:BBI), today they finished trading at 50 Cents.  Blockbuster's stock fell 31% today, times have changed for the company that still holds the crown as the largest U.S. movie-rental business.

Blockbuster Inc.: Right Back to 64 Cents

Blockbuster

Blockbuster Inc. (NYSE:BBI) shares are right back to 64 Cents and dropping after-hours, the Street is not pleased with the company's latest outlook.  Tomorrow shares could get even 'cheaper'.

Blockbuster Inc. Shares Jump 10% (BBI)

Blockbuster

Blockbuster Inc. (NYSE:BBI) shares are up 10% today and are finally back above 80 cents a share thanks to the company eliminating the final $24 million of certain letters.

Flotek Industries Almost Joins the Other Stocks Under $1 (BBI, RHIE, FTK)

Stocks under $1 (one dollar)

Bargain shoppers are always searching for quality stocks under a buck that aren't just another Penny Stock and Flotek Industries, Inc. (NYSE:FTK) came within 2 cents of hitting $1 even on Friday.  Joining the ranks of PokerTek Inc. (NASDAQ:PTEK) and Blockbuster Inc. (NYSE:BBI) now trading under one dollar.

Stocks Under $1: Blockbuster, RHI Entertainment, PokerTek (BBI, PTEK, RHIE)

U.S. Dollar - Weak Dollar

What do RHI Entertainment (NASDAQ:RHIE), PokerTek Inc. (NASDAQ:PTEK) and Blockbuster Inc. (NYSE:BBI) have in common?  All three companies' shares are now trading under $1, in fact they are in the 70 Cent range.  Are these stocks just waiting to become Penny Stocks or is there any hope for a major comeback?

Blockbuster Inc. Becomes a Penny Stock (BBI)

Blockbuster

Blockbuster Inc. (NYSE:BBI) shares are down 8% today and now trading for 75 cents.  In the last 5 years Blockbuster has lost its business to Netflix (NASDAQ:NFLX) and its stock has dropped 91%.  Consumers are done with the be-kind rewind days and Wall Street is losing its love for BBI shares.

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