Barnes & Noble director buys 4,500 shares

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Bobby Raines 07/08/2014

Scott Cowen, a member of the board of directors at Barnes and Noble ( BKS ), bought 4,500 shares of the company's common stock on July 1. At $22.26 per share, Cowen paid a total of $100,170 for the new shares.

IK-> The technicals for BKS ($22.47 down $0.34) are bullish with an upward trend. Recent support has been around $20.56 and recent resistance has been near $23.42. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the Oct. 16/19 bull-put spread for a 30-cent credit. That's an 11.1% return and the stock has to fall 15.4% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: BKS

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