I believe a lot of investors simply didn't understand that Blockbuster stock was worthless, even though I said it many times. Now that it's known that DISH profits from owning Blockbuster, I think we will see 50's very soon, then 100's. The P/E is only 8 or 9? Jesus! What was netflix's p/e before they screwed up?
last blib trade under a penny this is what happens when you invest in a company with no business operations now or ever and 1 employee a wind down man whose sole job is to prepare to cancel the stock the company said its shares would be cancelled now its called block liquidating how could some be so naive better to invest in dish owner of the debtless block assets its cheap.
If dish bought blockbuster then that is where our stocks should be. Not worthless but Dish symbol. That is where the money went to the company and Dish is Blockbuster company now. So is the SEC gonna list them take our money and run. And what about the stockbroker companies they are not up on this issues. Bloaq should have been stopped trading in April. SEC, Dish and stock brokers are all at fault. We pay and depend on them to watch these things and investors will be the only ones to loose the money.