BGP- Borders Group Bookstore

S

sabunabu

Traded up big at the opening and then sold off huge. They hired Bankers to investigate selling themselves.

Anyone trading this or know what's happening?
 
Im watching them carefully, just dipped to 3.97 and back to 4.29. I might play them if it goes back in the 3s. At this point its to early for any major decisions for borders. They are exploring options, and because of the public its causing everyone to panic like usual. Well just have to see.

brown
 
It's a culmination of softening commercial real estate values, declining book & music sales and the stores allowing themselves to become "study halls" for beatnik high school & college students.
 
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