Blockbuster Shares Drastically Decline--Run from this Stock!
By N.J. Beachum
March 17, 2010 11:09 AM
March 17, 2010 11:09 AM
Blockbuster (NYSE: BBI) announced Tuesday that it may have to file Chapter 11 bankruptcy protection.
As a result, shares today are on a sharp decline with a current loss over 33%.
Competitors such as Netflix (NASDAQ: NFLX) have played a role in Blockbuster's decline and gloomy future.
I recommend avoiding this stock at all costs.
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