I concur. I am from a different generation and really just use my phone for texting. My cell phone is very basic. But there is a market out there for folks who do want this stuff and need that immediate gratification. Its definitely a niche market, but in pre-testing marketing studies and critical reviews, the blockbuster app scored off the charts. I will say this though, one thing that is really appealing about the HDMI interface on the DROID X and this new blockbuster app, is having the ability to stream any movie, TV shows, or video content at 720P resolution to your TV or computer or laptop, etc. This functionality could prove to be really useful. There is nothing like it on the market today.
delta, thought you may be interested in this. very good information. looks like remaining big boy shareholders are trying to get a re-vote http://www.blockbustershareholders.com/
Yes thanks I just stumbled across that link/story in the media and will follow. Did you see the brand new TV commercial they will be launching regarding the 28 day advantage? Its very well done. They are going to play this in specific test markets in the country. Some are speculating this is a good sign. http://www.youtube.com/watch?v=ZUiUPPJrI_o I personally think right now they are walking a tight rope with allot of variables while kind of running down their cash flow supply. I.E. cutting stores to reduce costs, but paying upfront 1 time expenses to do so, new revenue streams from VOD, etc. while still trying to stay afloat SSS numbers from last year, 28 day greatly helps there.
You have to hand it to me. If you took my "idiotic" post seriously, then you wouldnt be staring at such a great loss. I tried to look up the stock and it was delisted from the exchange and now trading at 10 cents on the pinksheets. I looked it up on Yahoo and it doesnt seem to have filed for bankruptcy but that may happen soon or it may be like yrcw where it doubles in a day. In any event, this company is on critical care at the moment and it might very well die. Try to take some of my posts seriously. You may think I lack legitimacy, but if you had listened to my earlier post about this matter then you would not be stuck in such a jam.
No, you dumb shit. I'm doing damn good on the out of money leaps I bought. Like I said, I don't doubt BBI will fail. I've always maintained that position. However, this is one that you can trade on both sides. If it goes to zero, I may lose 1% from the long, but I'm up 10% from the leaps. And your trades are still moronic.
This is so like Elitetrader and even more so how an internet scam artist operates. The alias has some sort of exotic trade, that most do not understand, and states that you can trade on both sides. No matter what happens the alias is always right. So if the company goes under then the alias is right, but if the company surges from here they are still right. However, in real life their trade really doesnt work out the way they are so confidently saying here on the board. I guess we will hear next something like how they want to manage your money, selling their system or a subscription site. Yawn. Save it for the next chap.
God, fuck. You are an absolute moron of the first order. Exotic trade? It's called hedging your bet, stupid ass. Holy fuck. I thought this forum was supposedly ELITE. No wonder Tim Sykes likes to bash this forum. What a stupid shit you are.
I actually added some more since they are now trading flat, its just too cheap of a price to pass up. The collapse of the stock price on Friday, while the bonds stayed firm at 8.00 was very interesting. This brings back memories when I chickened out on my Six Flag bonds. They traded down to just under 6.00 for a stretch. It was utterly frightening. But after what seemed to be an eternity when their restructure deal was announced, the notes ran all the way up to 32.00 range before settling down to 25.00. Since I started posting in this thread from day 1, I warned and said to not buy the stock. I am not surprised at all to see the PPS decline. I am surprised to see that management did not jump all over this when they still had $200M of market cap equity to play with back in January. At this point the outcome is pretty clear; its either they refi with the 2012's by taking out the float with preferred/common combo equity dilution, and possibly offering new bonds & warrants while getting new cash from the 2012's OR a cash infusion from a new strategic investor all together OR continued forbearance from 2014 to see new revenues streams and earnings picture playout OR prepack 11. What it will actually be is a different story entirely.