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Why is Barnes and Noble Stock going up?
28 March 2011 | Mene Mene Tekel Upharsin

Posted on 03/28/2011 10:18:21 AM PDT by MeneMeneTekelUpharsin

Wonder why Barnes and Noble (BKS) stock is going up. It sure fell a long ways earlier this year. So, why would it suddenly go up without any news? Man, the stock market is crazy.


TOPICS: Business/Economy
KEYWORDS: barnesandnoble; market; stocks
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Crazy market.
1 posted on 03/28/2011 10:18:28 AM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin
Probably a rumor of a buyout...

Mike

2 posted on 03/28/2011 10:19:22 AM PDT by MichaelP (The ultimate result of shielding men from the effects of folly is to fill the world with fools ~HS)
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To: MeneMeneTekelUpharsin

Might be because a buyer is accumulating shares for an acquisition of the entire co.


3 posted on 03/28/2011 10:20:21 AM PDT by SonOfDarkSkies
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To: MeneMeneTekelUpharsin

Last bookseller standing.


4 posted on 03/28/2011 10:20:52 AM PDT by sbMKE
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To: MeneMeneTekelUpharsin

Insider trading


5 posted on 03/28/2011 10:22:05 AM PDT by Mr. K (Job #1 DEFUND THE LEFT then Palin/Bachman 2012 -Unbeatable Ticket~!)
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To: MeneMeneTekelUpharsin

Borders went bankrupt


6 posted on 03/28/2011 10:23:06 AM PDT by Flightdeck (If you hear me yell "Eject, Eject, Eject!" the last two will be echos...)
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To: MeneMeneTekelUpharsin

Pump and dump?


7 posted on 03/28/2011 10:23:13 AM PDT by Obadiah (If you were going to shoot a mime, would you use a silencer?)
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To: MeneMeneTekelUpharsin

because I bought a Barnes and Nobel discount card.


8 posted on 03/28/2011 10:23:36 AM PDT by Perdogg (What Would Aqua Buddha do?)
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To: MichaelP
Who could buy out Barnes and Noble? Their nooks are doing well and their ebook sales are pretty good.

That being said, the value of a companies stock is not measure of performance of said company.

9 posted on 03/28/2011 10:24:28 AM PDT by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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To: MeneMeneTekelUpharsin

Border’s is shutting down = less competition.

Just bought 4 chairs, 3 tables, 2 rolling DVD display cases and a compact LCD kiosk monitor from Border’s fixtures sale.

=8-)


10 posted on 03/28/2011 10:24:59 AM PDT by =8 mrrabbit 8=
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To: MeneMeneTekelUpharsin

I would guess it is either shorts covering or working it’s way to arbitrage price on rumor of buyout. Not sure why someone would buy it though..??..


11 posted on 03/28/2011 10:25:19 AM PDT by IamConservative (Liberalism - the surety of knowing that which cannot be proven.)
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To: MeneMeneTekelUpharsin
Nook reader news?
12 posted on 03/28/2011 10:26:12 AM PDT by TruthShallSetYouFree (Obamacare: Not just dreck. Unconstitutional dreck.)
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To: MichaelP
Bingo!
13 posted on 03/28/2011 10:26:43 AM PDT by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: MeneMeneTekelUpharsin

http://www.streetinsider.com/Rumors/Barnes+%26+Noble+%28BKS%29+Higher+On+Takeover+Talk/6391011.html


14 posted on 03/28/2011 10:27:16 AM PDT by mnehring
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To: MeneMeneTekelUpharsin


15 posted on 03/28/2011 10:27:30 AM PDT by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: MeneMeneTekelUpharsin

Uh....survival books?


16 posted on 03/28/2011 10:27:55 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: MeneMeneTekelUpharsin

You do understand this is the private banking cartel known as the Fed injecting worthless money into the markets to pump them up?? RIght?


17 posted on 03/28/2011 10:28:18 AM PDT by Frantzie (HD TV - Total Brain-washing now in High Def. 3-D Coming soon)
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To: Flightdeck
Borders went bankrupt

The latest on that from the employees' standpoint...

iworkatborders

18 posted on 03/28/2011 10:29:16 AM PDT by mewzilla (Were members of both political parties in on the Lockerbie bomber deal?)
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To: MeneMeneTekelUpharsin

They finally took “Dreams from my Father” off the shelf?


19 posted on 03/28/2011 10:30:04 AM PDT by albie
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To: Durus
Who could buy out Barnes and Noble?

amazon.com

20 posted on 03/28/2011 10:30:04 AM PDT by Upstate NY Guy
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