TA-The MACD divergence is extremely bearish and BK has broke though mutiple moving averages. Parabolic switch and reverse also strongly slopped to strong sell.
FA: Cash has been tight and they have been floating the nook separation to potential suitors for some time prior to the public release as a must do life-support option. They have shopped the exclusive print nook relationship with several magazines and newspapers with few takers. Many news and magazines are reluctant to sign an exclusive licensing agreement with one e-book outlet only. Those with decreasing print sales find the exclusive deal more of an option, but most financially healthy print media are unwilling to sign excusive deals so early in the book e-reader development.