Barnes & Noble (BKS) Message Board

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Non-Tech : Barnes & Noble (BKS)

BKS 6.490

0.0%

Aug 19 5:00 PM EST

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To: Chuzzlewit who wrote (1143)	5/12/1999 9:20:00 PM
From: American Spirit	Read Replies (1) of 1691

Agreed. IPO is great for BKS and will light a big fire under it soon. Low volumn due to traders staying out for now. GS doesn't like traders because they don't hold longterm. They've said so publicly per their own IPO. BNBN will not be given out to any trader types. How and why are they keeping the price low? I'm no expert, but with low volumn it doesn't take much money by their standards to control things. They can simply sell every time it upticks and use slightly lower ask bids to buy. What is the catch? Well if all us small investors believe the stock won't go up prior to the IPO then it won't (as much). But I firmly believe that this shenanigans won't go on for long. I'm a big optimist on BKS and intend to make quite a bit of money on this investment. You can get the underwriters want it to go way up too, just not quite yet and without the wild swings and volotility. Then again, I could be wrong about all of this. But I am believing what I am seeing. Still very LONG BKS and conting down the days.

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