Two Companies Investors are Shorting on Stock Market

Discussion in 'Growing and Managing a Business' started by helix2301, Apr 20, 2012.

  1. helix2301

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    Apr 20, 2012
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    Best Buy (BBY) stock been going down for a while and has lost half or more of its value. Best Buys announcement of closing 50 stores did not help there case any plus there last earning report showed a large loss overall I think safe to say a SHORT might not be a bad idea.

    Barnes and Nobels (BKS) has been on roller coaster they went up for sale in 2010. Apple expressed some interest in them in July of 2011 but decided to shy away from the sale from what was reported. They tried to use there E-Reader the Nook as a saving grace but took a back seat to the Kindle and iPad. Overall Barnes and Nobels is company that I be leave has seen its best days behind them.

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