In retrospect, all of these comments show how hard it is to predict the future. Now B&N looks much stronger, at least for now.
Time to sell. It has been a good run, and an impressive survival story.
Sentiment: Strong Sell
They lack leadership & should do what's right for the shareholders of the company. Take the deal, else the stock goes nowhere at all, perhaps even down.
What you guys think will happen Wednesday morning pre-market? I personally believe that earning will be poor and they wont make to much further comment on the takeover bid. Where would that leave the stock price???
G Assets has put an offer; obviously they are ready for it and have a plan on acquisition as well as going forward ROI in place; to benefit out of this deal.
Sorry-G Asset Mgmt works out of some brothel and they never made public their first offer in November 2013 at 20.00
Thy have no financing- chance to make a buck was this afternoon right after the announcement
They sell Starbucks coffee; and get commission from that as well.....I think G can transform the whole setup very creatively. By the way this will for sure go UP from here with all the ho la la......and media on it.............you are on the wrong side of it; instead of short more; just go Long...
You can recover your loss and make more out of long Options
What makes you think they don't have the cash?
"Glickstein reported in February 2012 that he held a 5 percent stake in Barnes & Noble, acquired for a total of $1.6 million. The holding was comprised of 41,575 shares and call options to purchase another 2.98 million shares, according to a Schedule 13D filed with the U.S. Securities and Exchange Commission at the time."
Bloomberg: "Barnes & Noble Gets Takeover Bid From G Asset Management"
It is a no brainer 'IF' they had leadership, but they'll make the wrong decision here, which would be in-line with expectations.
$ 22.00 / share is really worth it.
If you see last 5 years price of BKS; it is worth noting that only for a month it went above $20.00 and has crossed $22.00.
With everything moving to digital media; it will be an insane for management to let this offer go away.
If BKS leadership is smart it will take the offer with its conditions in place.
Sentiment: Strong Buy