Anybody have any thoughts on BBI (Blockbuster)?
Blockbusters stock has lagged this rally significantly. Excepting the erroneous bankruptcy report that caused trading to halt in early March and the shares lagging for a time thereafter, one could say that BBI isn't up at all in this rally.
Yahoo lists analysts opinion as 2.3, which is unusually favorable. Forward P/E is low.
Presumably this stock is in the toilet because its business model is in the toilet. Its trying to make itself over, ....
And I'm curious, but I don't know anything about it. Hoping one of you fine fools can chime in with some insight.