Stocks

eazyb81 · 03-13-2008, 07:53 PM

We have threads about every other topic, so why not one on stocks? I'm sure there are others on here who dabble in the market, although it's been beaten down pretty hard the past few weeks/months.

What stocks have caught your attention lately?

For me, I've become intrigued by Blockbuster (BBI) since they released their impressive 4th quarter earnings. I think they are a much better value than Netlflix and the positive report is even more impressive considering they paid down 5% of their outstanding debt and closed 500+ underperforming stores. That said, there's still risk involved in any stock trading around 3 bucks.

**Rausch** · 03-13-2008, 08:38 PM

I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.

Netflix seems to be growing as needed while BB has to cut/shrink as needed.

On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...

eazyb81 · 03-13-2008, 08:53 PM

Quote:

Originally Posted by Rausch

I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.

Netflix seems to be growing as needed while BB has to cut/shrink as needed.

On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...

Very good points. I will say that I think Netflix, Redbox, etc have taken their toll on Blockbuster by now. Anyone that wants to rent movies that way probably does it at this point. Also, Blockbuster's largest direct competitor, Movie Gallery, recently declared bankruptcy and will close 900+ stores this year.

Let's hear some more recommendations.

**Rausch** · 03-13-2008, 09:08 PM

Quote:

Originally Posted by eazyb81

Very good points. I will say that I think Netflix, Redbox, etc have taken their toll on Blockbuster by now. Anyone that wants to rent movies that way probably does it at this point. Also, Blockbuster's largest direct competitor, Movie Gallery, recently declared bankruptcy and will close 900+ stores this year.

Let's hear some more recommendations.

As a former employee of Movie gallery they are a doomed venture. They are everything that is wrong with being coorporate and nothing right (read: making money.)

When I was a GM (only 9 months) they completely ignored what generated the local revenue (porn and older, classic movies) and demanded all stores adopt the same look, inventory, emphasis, etc.

Even as a n00b in management I could see they were set up to lose money and had two regional GM's (read: competant ones) hired away by BB for much more money...

xbarretx · 03-13-2008, 09:40 PM

Quote:

Originally Posted by Rausch

I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.

Netflix seems to be growing as needed while BB has to cut/shrink as needed.

On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...

id Concur, netflix seems to have the edge and there brand recognition is more apparent today than BB IMHO. i mena how often do you ever see a blockbuster add? you cant go three URL's on the web without seeing a netflix add

**Rausch** · 03-13-2008, 10:04 PM

Quote:

Originally Posted by xbarretx

id Concur, netflix seems to have the edge and there brand recognition is more apparent today than BB IMHO. i mena how often do you ever see a blockbuster add? you cant go three URL's on the web without seeing a netflix add

It's always easier to come up with a new business model than to find the perfect tweak for a failing one...

xbarretx · 03-14-2008, 10:03 AM

Quote:

Originally Posted by Rausch

It's always easier to come up with a new business model than to find the perfect tweak for a failing one...

QFT my friend ... QFT

Duck Dog · 03-14-2008, 10:10 AM

The best (amateur) advice I would give is.

1. Don't by Enron.

2. As the baby boomer's age, medical funds are a must in your portfolio.

Joe Seahawk · 03-13-2008, 08:44 PM

My broker told me JDS Uniphase is THE stock you want. Unfortunately that was in 2000 when it was nearly 90 bucks.. now (if it's even trading anymore) it's less than $1

I think rain man made the same mistake as me IIRC . Oh well you win some you lose some.. I'm still waiting to win some however..

Amcol looks very good to me though..

KCChiefsMan · 03-13-2008, 10:51 PM

Quote:

Originally Posted by Joe Seahawk

My broker told me JDS Uniphase is THE stock you want. Unfortunately that was in 2000 when it was nearly 90 bucks.. now (if it's even trading anymore) it's less than $1

I think rain man made the same mistake as me IIRC . Oh well you win some you lose some.. I'm still waiting to win some however..

Amcol looks very good to me though..

I hate brokers, mine screwed me over a few times. In 1998 he talked me into buying Microsoft and I sold that at a loss last year, only 1 dividend the entire time. He talked me out of a stock that would have made me some good money too. ED Jones can kiss my butt

Halfcan · 03-13-2008, 08:49 PM

Stocks-sometimes they go UP and sometimes they go DOWN

chiefqueen · 03-14-2008, 11:21 AM

Quote:

Originally Posted by Halfcan

Stocks- they never go UP but always go DOWN

fyp based on recent events

**Rausch** · 03-13-2008, 08:50 PM

Wait, did you ask Mecca?...

**doomy3** · 03-13-2008, 09:04 PM

Quote:

Originally Posted by Rausch

Wait, did you ask Mecca?...

I hear that he triples as a stock advisor in addition to being a draft guru and NFL Scout.

Extra Point · 03-13-2008, 09:06 PM

Quote:

Originally Posted by doomy3

I hear that he triples as a stock advisor in addition to being a draft guru and NFL Scout.

You left out hand model.

03-13-2008, 07:53 PM	Topic Starter
eazyb81 The Illuminati Join Date: Oct 2004 Location: the road less traveled Casino cash: $9984900	Stocks We have threads about every other topic, so why not one on stocks? I'm sure there are others on here who dabble in the market, although it's been beaten down pretty hard the past few weeks/months. What stocks have caught your attention lately? For me, I've become intrigued by Blockbuster (BBI) since they released their impressive 4th quarter earnings. I think they are a much better value than Netlflix and the positive report is even more impressive considering they paid down 5% of their outstanding debt and closed 500+ underperforming stores. That said, there's still risk involved in any stock trading around 3 bucks.
Posts: 12,033

03-14-2008, 10:10 AM	#8
Duck Dog Reap the whirlwind Join Date: Aug 2000 Location: Olathe Casino cash: $10004900	The best (amateur) advice I would give is. 1. Don't by Enron. 2. As the baby boomer's age, medical funds are a must in your portfolio.
Posts: 8,902

03-13-2008, 08:44 PM	#9
Joe Seahawk This place entertains.. Join Date: Aug 2000 Location: Seattle Casino cash: $5484435	My broker told me JDS Uniphase is THE stock you want. Unfortunately that was in 2000 when it was nearly 90 bucks.. now (if it's even trading anymore) it's less than $1 I think rain man made the same mistake as me IIRC . Oh well you win some you lose some.. I'm still waiting to win some however.. Amcol looks very good to me though..
Posts: 5,514

03-13-2008, 08:49 PM	#11
Halfcan In Search of a Life Join Date: Aug 2005 Casino cash: $7327995	Stocks-sometimes they go UP and sometimes they go DOWN
Posts: 43,200