You invested in a company that was mismanaged and instead of realizing this you probably averaged in on the way down. That's your fault as an investor. Dish did not do a buyout of Blockbuster, they acquired the BRAND through the bankruptcy court. You cannot blame Dish for not getting anything for your shares, blame the management of Blockbuster for mismanaging the company and blame yourself for not having the foresight that this company would go under. The very same foresight that now would make me run from any NFLX shares.
Even the bondholders are not winners in this auction as they too were too stupid and invested in the previous Blockbuster management.
"In closing if you chose to ignore Blockbuster Shareholders, 10 million plus, we will not continue supporting Blockbuster or Dish as Shareholders or Customers. "
And why should they care about you? Should they overpay for an bankruptcy acquisition just because some dude in America didn't see the writing on the wall and lost money in a non-sense investment? What next, you write the SEC to complain? LOL...
That was easy WT, Hey I use to hold Blockbuster (and rented from them)and then I averaged way down and when I had the chance I made roughly $10 on years of work. I also own Dish (and I have dish) so that letter makes no sense to me whats so ever. I think it's call investing which has a risk.