Barnes & Noble (BKS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LTK007 who wrote (941)	5/2/1999 6:57:00 PM
From: American Spirit	Read Replies (1) of 1691

I have never played options but see how some who hold them are worried if there's a delay of even a week or two. ALso if MM want to shake out weak hands by keeping the stock low I suppose that's possible. Still, it would seem to me, why panic? If the price is forced down by MM manipulation of any kind, then couldn't options holders or (stockholders) just buy BKS shares at a lower price therefore making up for any loss on their option when the IPO does come out? Just double down if the price sinks. Why not if you have the cash? Owning BKS stock as I do, I am not overly anxious about any of this. Bottomline the IPO will come out soon and when it is announced BKS stock will jam. Also the downside is very limited here. Not buying a money-losing or micro-cap stock here. Buying a very strong dominant company deserving of a higher stock price even without the IPO. Therefore everyone remember that TIME IS ON OUR SIDE here. Try to be a little patient. If not this week then the next for the run-up. And no sense selling at 35 to hope to get in at 33 or 34. That's riskier than holding IMO because the stock could literally ramp-up any time then you might have to pay 37 or more. I understand everyone a little edgy prior to news. I am too, but hold onto your wits. BUY and HOLD in the low-mid 30's and just be patient. As for DBCC and ZD (which I played) ZD ramped from 18 - 29 in a three week period leading up to the day before the IPO. ZD moved first to about 24 then the week before the IPO it went up another 5 points. The day to buy was three weeks before the IPO. The day to sell was end of day the day before the IPO. DBCC continued going way up the day of the IPO though so selling prior to the IPO isn't the rule. The week before the IPO basically becomes a game of chicken. Can you pick the top? Or do you cut your risk and take a safe profit or use a stop loss? Right now we are about three weeks before the IPO (according to reports) so this would seem to be the best time to buy. While BKS might drop another point or so it might also go straight up from here. If BKS follows ZD then in a week or two it will head up to about the 40 level, then right before the IPO head up to about 50. Lots of people will be selling at 50 so that may be the peak but it could go higher. BIG POINT TO MAKE, BKS is a much stronger company than ZD or DBCC. ZD is losing money and downsizing now while BKS is the #1 leader in their field with a great big AOL exclusive deal and more. Nobody wanted to hold DBCC or ZD stock at a high price. BKS may be a little different. Certainly the downside risk is less. Therefore, BKS could and should out-perform ZD and DBCC.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next