Tuesday, August 24, 2010

A Whopping 42% of B&N's Float is Sold Short Ahead of Earnings Report

BloggingStocks: "Traders should be aware that Barnes & Noble's high short-to-float ratio could trigger a volatile post-earnings move, whether higher or lower. And happily, despite the proxy battle and looming earnings report, options on BKS are still fairly priced at the moment. ... "