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Chart Update: Valuing The Proposed Buyout Of BKS Retail

|Includes:Barnes & Noble Inc (BKS)

We have another 5 points of upside in BKS if we clear this line of resistance.

Update to chart: 5/14/2013 (sold entire position 5/9/2013)

Disclosure: I am long BKS.

Additional disclosure: long BKS call options (exited position on 5/9/2013).

Stocks: BKS