Updated: Feb 25
The penny stock that represents what's left of the our favourite bankrupt Blockbuster Video empire jumped another 700% on Tuesday and wasn't slowing down Wednesday. As of 1:00 p.m. Wednesday afternoon the stock is showing a 3990% increase in the past 5 days as per the chart provided by BARCHART.COM
picture form Latin America Post
Blockbuster consisted of 9,094 stores and employed approximately 84,300 people: 58,500 in the United States and 25,800 in other countries
The Blockbuster boomtown, about to surpass the Reddit-driven GameStop stock surge, has left even seasoned market watchers thinking the stock market has absolutely disconnected from reality.
With Casinos closed for longer than ever before due to the longest Canadian "State of Emergency," some people are turning to the stock market to pacify their gambling addictions. People who have never entered into the stock market are seeing what it can really do for the first time. And, Since they're all dong it at once it seems to be paying off huge for the majority of them who are smart enough to pull out.