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Non-Tech : Barnes & Noble (BKS) -- Ignore unavailable to you. Want to Upgrade?


To: Brett Fleischman who wrote (904)4/29/1999 11:35:00 PM
From: American Spirit  Respond to of 1691
 
SMART. BKS now the HOT STOCK on Position Trader. The only one listed. Think I'll get more tomorrow. Hope it stays low for just another hour or two.



To: Brett Fleischman who wrote (904)4/29/1999 11:46:00 PM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 1691
 
All, Keep in mind that there has been absolutely no press or hype on CNBC et al even mentioning BNBN as an upcoming IPO...

I think the institutions have dropped the "cone of silence" on BKS until they have finished accumulating prior to the BNBN offering. Institutional buy messages have increased steadily in recent weeks, even as the share price has decreased; they're picking shares off the bid in small lots. Once they've all made their way in, I expect the media will dutifully get on the story.