Blockbuster Inc. Shares Jump 10% (BBI)


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 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. - Sept 14th Trading

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Everything Goes Wrong with Blockbuster, 68 Cents per Share After-Hours


There's bad conference calls, then there's downright horrible Blockbuster Inc. (NYSE:BBI) just reported U.S. same-store sales fell 18%, revenue decreased 22% to $1.02 billion, they posted a loss of $39.7 million, or 21 cents a share, and last but not least they lowered their 2009 guidance to a net loss of $15 million to net income of $5 million. Down the ship goes, BBI shares are now at 68 Cents.

Another Wattles Investment Vaporizing


As god is my witness, if Mark Wattles ever buys shares in any company I own shares in, I am selling next day. Who is Mark Wattles you ask? More on that after the news.

Mark Wattles Favorite Part of a Book? Chapter 11


This isn't the good news people might think it is. So, I was going through some old news and found this (I forgot to write about it the first time).

NetFlix Has 10 Million in Its Sights


For those wondering. NetFlix (NASDAQ:NFLX) has officially rendered Blockbuster (NYSE:BBI) irrelevant. The only question left now is how long Blockbuster stays in business.

NetFlix: More Good News


Oh yeah, Blockbuster (NYDSE:BBI) will officially never catch NetFlix (NASDAQ:NFLX).

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