DALLAS, Dec. 15, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Blockbuster Inc. (Pink Sheets:BLOAQ). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Blockbuster Inc. (BLOAQ) is a global provider of rental and retail movie and game entertainment. The Company provides customers with convenient access to media entertainment anywhere, any way they want it – whether in-store, by-mail, through vending kiosks or digitally to their homes and mobile devices. With a highly recognized brand and a library of more than 125,000 movie and game titles, BLOAQ leverages its multichannel presence to serve nearly 47 million global customers annually. The Company was founded in 1985 and is headquartered in Dallas, Texas.
BLOAQ is in bankruptcy. Investors should be cautious when buying common stock of companies in bankruptcy. It is extremely risky and is likely to lead to financial loss.
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In the report, the analyst notes:
"BLOAQ recently unveiled an ad campaign titled 'Less Waiting. More Watching,' hoping to gain a competitive edge over its industry counterparts. The campaign's objective is to reinforce that Blockbuster is the place to go to get the hottest new releases on their release date.
"BLOAQ is trading above its 13-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock."
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