Filed under: Earnings Reports, Amazon.com (AMZN)
When there's uncertainty to a thesis, I'm not inclined to buy. That might seem obvious on the surface, but I know there are a lot of individual speculators out there who would disagree with me. Take a roll of the dice, they might say. Uncertainty can lead to huge gains, they might counter. Well, it depends on the situation, I suppose. In the case of Barnes & Noble, Inc. (BKS), I think I'll take my chances elsewhere.
At the time of this writing, shares of the bookseller were off by more than 4% in the afternoon session, coming in at $14.36. Volume wasn't yet above average, however.
Continue reading Barnes & Noble: Too Speculative For Me
Barnes & Noble: Too Speculative For Me originally appeared on BloggingStocks on Tue, 24 Aug 2010 18:00:00 EST. Please see our terms for use of feeds.
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barnes noble - Amazon.com - BloggingStocks - Dice - Business
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