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Barnes & Noble, Inc. Message Board

  • fabricone1 fabricone1 Jun 25, 2013 12:31 PM Flag


    I am sorry that there is no real cogent dialogue on this board. If there were you would probably see that short of a buyout there is no hope for the company long term. Books can be bought at a variety of outlets and on-line at AMZN and Barnes and Noble for that matter. The real problem here is that the management has been resistant to change believing that the book store business should not go away. I agree that it should not but most of these stores are too large and demand a very heavy overhead per square foot versus the sales per foot generated. The Nook strategy has already begun to generate negative comparative sales which is almost unbelievable but again your management team really does not understand how to embrace the technology to ensure a growing, profitable business enterprise A lot could be done but not with the horseman you have allowed to stay mounted here.I will not demean you. I am sure many of you have some successful investments but this is not one of them. You have one chance and that is a low premium buy out offer from Riggio. Then if he can get the financing it will become someone else's problem not yours. Either way Riggio will be terminated as he really should be on a hammock and reading his Nook. The shorts here are loud, bullying and obnoxious for sure and most really do not understand trading very well and they are odious for sure. But they are most probably correct. I will cover my short prior to the meeting. No buy out i will open a new position most probably. You should sell your shares or buy a put for protection. Good luck you will need it here.

    Sentiment: Strong Sell

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