Big booksellers' current situation is an eldritch tale straight out of H.P. Lovecraft's fevered, shadowy brand of horror. Barnes & Noble
I recently asked who would shack up with RadioShack
Similarly, I suspect that finding a buyer for Barnes & Noble might be easier said than done. The arrival of e-books is swiftly disrupting the bookselling industry, and companies like Amazon.com
Its shambling financial condition places Borders
Given Barnes & Noble's crazy spike today, folks who have been holding the shares stalwartly for years have a great opportunity to ditch them. Big bookstores are perfectly fine places to pick up horror stories from the likes of Lovecraft. But big bookstore stocks could fill your portfolio with soul-curdling horror. Who will survive? Who will perish? Buyers should keep a safe distance until the grisly spectacle is finally over.
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