In the Thursday evening Forecast Report, Blockbuster (BBI) offered a potential sell target in the 0.74 to 0.75 area, which held as a firm evening ceiling.
Calls in shares trading below 1.00 are complicated by their tendency for wild swings. As such, the play on this stock was probably best suited for a quick pre-market move. A sell at the 0.74 open, as measured to the 0.69 pre-market low, proved a 7.2% winner.
The stock has mostly traded between 0.75 and 0.79 so far in regular trading.
