By Gavin Chau

Published 3/2/16

Earnings Date 3/3/16

We love Borders Books... ummm...err... Barnes and Noble. Barnes and Noble is our favorite book store.

 

But as an investment Barnes and Noble is dead money. They continue to hemorrhage cash with no turn-around plan other than to cross their fingers and pray that an electromagnetic pulse sets us back to an era when consumers still bought books. 

 

What Barnes and Noble really needs is a total restructuring and rebranding. 

 

Until that happens you can look for us in the "Business and Investment Section" reading up on bankruptcy proceedings.  

 

Side Note: 

 

Paying a dividend while losing money may seem like financial suicide, but at the rate Barnes and Noble is burning cash that dividend might be all the value their shareholders will ever see.