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Barnes & Noble, Inc. Message Board

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  • gxstockholders gxstockholders May 3, 2012 2:50 PM Flag

    Jana Partner already sold 1/6 of position

    Since it is being brought up again in reporting....

    So what! It is not as if they sold out and went short!

    What did they say they were trying to accomplish? They certainly were not attempting to out-muscle the likes of a position by Microsoft.

    They made a smart move and "IF" they wanted to right now could buy back roughly 1,300,000 shares. Why not put that profit and cost basis to work in the other places they see oppertunity as well?

 
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