Title should be "MAY face antitrust"--it is up to the govt to decide what to do. But the people can decide to patronize BKS instead of Amazon.
CNBC had an excellent documentary on Amazon recentlty by David Faber on how authors & publishers fear Amazon dominance.
Authors and publishers very much fear a ZON monopoly, as should all book lovers.
Expect to see it trade above $10, maybe soon.
lol...there is no reason to believe that book stores will somehow thrive in this retail market when other essentials are having issues. Barnes and Noble expanding in a retail environment that is week. This equals desperation and bleeding of cash...closer to the long term demise. Amazon has won this battle just like Netflix destroyed blockbuster. Its over kiddo.
this stock will trade $2 to $3 bucks end of year... model is close to obsolete; my kids elementary school doesn't issue paper copy texts to students anymore- laptops are issued day one of enrollment.
has anyone seen an encyclopedia salesperson lately??
Gotta love technology.
Sentiment: Strong Sell
I doubt you'd know how to find you way into a brick and mortar..but when you do...take a look at the Nook section. It has been empty for two years.
Why the farg do you think Amazon is opening book stores. Wall Street shoved that Kindle up your stupid #$%$ and it will end up making you blind in more ways than one.
Take that short angry inch and go bang the farging thing off a dead cats head.
Sentiment: Strong Buy
good to see that you're dumb about more than just the coffee business there joe
ebooks a fad, that's precious
Sandeep is in the know. He said too much and is now trying to take it back as he's likely disturbed his companies relationships with both BKS & AMZN.
I was thinking the same thing. The physical stores already exist (AMZN wouldn't have to start from scratch) and even if some need a facelift, it's cheaper than building new.
Although I'd be sad to see B&N go, I'd rather have another physical bookstore take their place than have them disappear altogether. Although I shop at AMZN quite often, we also go to the local B&N to experience the books and other products in person. My wife and daughter go once or twice a month and buy at least two or three books every visit.
A larger thought . . . AMZN could use their brick and mortar locations as product pick-up locations as well.
Sentiment: Strong Buy
No chance........this chain is old, the stores need a facelift, and they are still encumbered with the nook.... Would be cheaper for amazon to cherry pick new locations and design the stores to their liking.... This would cost less than buying the company......also since B&N is the last major bookseller, their maybe FTC issues...