Exponential Volume Surge: Blockbuster (BBI)

Posted in General 
March 3rd, 2009

It looks like there are reports showing that Blockbuster Inc. (NYSE: BBI) has hired a law firm to explore bankruptcy protection.  This stock was lower on the day, but a few minutes ago this rolled over and died.  Shares are down over 75% at $0.22 and we have seen more than 12 million shares trade hands.  It usually sees only 1.3 million shares per day.  Ouch. 2:20 PM

JON OGG

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