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Non-Tech : Bill Wexler's Trading Cabana

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From: Bill Wexler11/11/2013 11:55:29 AM
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Barnes & Noble (BKS) - Either heading for BK or taken private. In either case, the stock is worth MUCH less than 15. Leonard Riggio persistently floats the same false rumor over and over and over again about Microsoft buying out the worthless Nook tablet business, which pumps up the stock...for a little while. The Nook tablet and the Barnes & Noble e-bookstore is a poor competitor compared to the clear winners in this space: Amazon and Apple.
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