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Books-A-Million (BAMM) submits a bid in the Borders bankruptcy proceedings to purchase leasehold...

Books-A-Million (BAMM) submits a bid in the Borders bankruptcy proceedings to purchase leasehold interests for 30 Borders locations. Under the proposed bid, Books-A-Million will assume the leases and continue to operate these stores. Shares +2% AH.
Comments (5)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    I've heard of the Dollar Store but Books-A-Million? How many books can they hope to sell at that price?
    21 Jul 2011, 06:47 PM Reply Like
  • ms.meme
    , contributor
    Comments (3) | Send Message
     
    If I bought Borders stock,will it split in my favor if i also own Books a Million ? Whoever else buys it like the company from India ?
    24 Jul 2011, 03:16 PM Reply Like
  • ms.meme
    , contributor
    Comments (3) | Send Message
     
    if I own bith BAMM and BGPIC ( border books 0 will it split upon Books a million buying part of them out ? Will BAM buy all my shares in Borders ? Thanks ! :)
    24 Jul 2011, 03:16 PM Reply Like
  • ms.meme
    , contributor
    Comments (3) | Send Message
     
    Are penny stocks really worth it ?
    24 Jul 2011, 03:16 PM Reply Like
  • Hidden_Value
    , contributor
    Comments (83) | Send Message
     
    Regarding BAMM my personal belief is that
    nearly 100% of investors and traders of this
    stock regard it as a mere bookseller. I view
    somewhat differently as a Venture Capital
    newcomer with an for ideas/products which
    may develop into home-runs rather than
    singles. To that end BAAM bought into a
    start-up retailer/franchisor of the latest
    California and West Coast craze: healthy
    and tasty yogurt sold by the ounce in new
    stores where you (the client) serve your
    own cup or cone with as few or as many
    ounces of yogurt and condiments as you
    wish.BAMM presently owns 40% of this
    fast growing privately held company. In
    addition BAMM owns 100% of JOE MUGGS
    CAFES (a Starbucks or Peets clone) that
    to date BAMM management has kept within
    the confines of its Books A Million superstores
    as a convinience to book shopping customers
    BUT which could well be a concept that could
    be taken nationwide via franchising same as
    YOGURT MOUNTAIN, their 40% "infant"
    venture capital investment. Today Books are
    the main business of BAMM. I submit it is
    possible that the company may decide to put
    more emphasis on Retailing and Franchising
    Yogurt and Coffee shops going forward. In any
    event, with a current value of less than 40 million
    and, IMHO, a potential for transformation into
    a future growth stock, I believe the stock is a
    SPECULATIVE STOCK attractively priced given
    its POTENTIAL for transformation. I personally
    have acquired a 25,000 share position at 2.28
    as a crapshoot on its potential future, not its
    so-so past.
    2 Dec 2011, 02:04 PM Reply Like
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