Want to skip straight to the best? Most of our users prefer Interactive Brokers for stock trading.

BB liquidation (OTC: BLIAQ)


0.0012 – 0.0012


1.0E-5 – 0.051


0.0012


0.00K


0.90K/30.18K


0.00K


0.00K


/0%


0.000


0.00K

Blockbuster is a name that grabs the attention of many older generation as it was one of the leading companies in its field. Before Netflix Inc. (NASDAQ: NFLX) and online streaming, Blockbuster was a primary source of entertainment, offering the option to rent or purchase DVDs at your local store.

The company was founded in 1985 as a rental service provider, which at its peak had over 9,000 stores worldwide, with the majority of stores owned by the company. Now the company is down to just one store, but it has maintained operations in 2022.

How to Buy Blockbuster Stock (BLIAQ)

Despite having no real ties to the original Blockbuster brand, the company still operates as a penny stock in the market as BB liquidation (OTCMKTS: BLIAQ).

The steps below explain the BB Liquidating purchase process.

Step 1: Choose a brokerage.

A broker acts as an intermediary between you and the exchange. The client places an order to buy a specific stock and the broker performs this service. For example, if you decide to buy BLIAQ shares, you ask your broker to buy the number of shares you request at a specified price.

The broker usually charges a fee in return. Fees vary by broker, so the research fees involved in the transaction, especially for a penny stock.

Step 2: Decide how many shares you want.

Fund your account with an appropriate amount suited to your position. Consider the level of risk you want to take and the percentage of your account allocated to BLIAQ stocks, as penny stocks carry high risk.

Starting with a small investment and adding steadily over time is used by many investors. However, before making your purchase, consider how you will enter the market.

Step 3: Choose your order type.

You can choose from different types of orders, but the two main ones are market orders and limit orders.

Market orders mean that you buy the shares at a price dictated by the market. Market orders mean that your order is likely to be filled immediately by the market.

Limit orders mean that the price at which you buy the stock is decided by you. You determine at what price you buy the shares, but your order may not be executed.

Step 4: Execute your trade.

Once all the necessary steps have been completed, all you have to do is buy the shares. Once done, you can monitor your location and portfolio by using the app or website and going directly to your portfolio.

Where to buy hit stocks

It is important for investors to find the best brokers with the lowest fees. Brokers offer a range of benefits on their platforms to help users get the best investing and trading experience possible. If you are looking for a broker that meets your needs and offers Blockbuster shares, be sure to check out the platforms in the table below.

BLIAQ History and Share Value

Blockbuster was one of the biggest names of its time and left an impressive legacy as a company. The brand was unlike any other. With minimal competition in the market, it was one of the most important companies of the time.

People could rent movies and video games by creating an account, visiting the store, and paying to rent the movie or game. Additionally, the company also derived revenue from late payments, which would be billed to individuals if they didn’t return a product on time.

The company’s stock price peaked at $18.50 in the early months of 2002 and remained constant for a few years. However, as alternatives presented themselves to consumers, the title suffered from services such as DVD by mail, streaming, video on demand and movie theatres.

In early 2021, Blockbuster was one of many stocks impacted by WallStreetBets Reddit pages. The stock rallied in late January to hit highs of $0.30 as the stock itself made gains.

Currently, in 2022, the company has no connection to the Blockbuster assets or brand, which Dish Network purchased in 2011, and the brand no longer has any real value to shareholders.

Blockbuster: what the analysts say

Blockbuster currently operates as a penny stock with limited analyst reviews.

Macroaxis Bear Briefcase

Limited bear cases exist on the stock due to the nominal size of the business. However, Macroaxis, a wealth optimization platform, recommended a “strong sell” on BLIAQ shares.

CNN Bull case

According to CNN, an analyst has a 12-month price target for BB Liquidating with a target of $0.75. However, this lens would require a huge increase from its current price. The Hold rating has also remained unchanged since September.

Advantages and disadvantages of Blockbuster

Benefits:

  • Low prices to buy penny stocks
  • Big upside potential

The inconvenients:

  • High risk due to penny stock condition
  • Not related to the original Blockbuster company
  • Income has gradually declined over the years

Is Blockbuster Buy, Sell or Hold?

In its heyday, Blockbuster was a formidable force and in 2004 the company earned $5.9 billion in store sales. However, the rise of competitors and its biggest mistake of not buying Netflix set the company up for its ultimate demise.

The company has attempted major changes to compete in the market, although its new brand, Blockbuster Online, is already years behind rival Netflix. Additionally, Blockbuster lost a market value of 75% between 2003 and 2005 and has not recovered since.

Fast forward to 2022, and the downsides far outweigh the upsides of stock. In fact, it’s hard to see any reason to buy the stock other than sentiment. A sell note on the title makes the most sense unless unusual circumstances such as a short squeeze occur.

Frequently Asked Questions

How many Blockbusters are there left?

1

How many Blockbusters are there left?

demand

Sam Boughedda, Stock Analyst

1

The company now has just one Blockbuster store in Bend, Oregon, which has been turned into an Airbnb and is still in business due to its loyal customer base.

Answer link

responded

Benzinga

Who was Blockbusters competition?

1

Who was Blockbusters competition?

demand

Sam Boughedda, Stock Analyst

1

Blockbuster’s competitors include Outerwall, Redbox, Cummins-Alisson and the biggest company, Netflix.

Answer link

responded

Benzinga