If you looked at their latest financial results which were released two weeks ago you could see that bankruptcy is still an option, given the fact that B&N has no viable strategy for its brick and mortar bookstores and put all its efforts into the Nook. We believe that this is a risky strategy considering that B&N competes with Apple and Amazon, which have much deeper pockets and probably better devices to start with.
We're not the only ones who identified the risk of bankruptcy. Motley Fool analysts Austin Smith and Nick Crow also see this risk and they have an interesting video where they discuss how investors can protect themselves from such an event and even profit from it. You can find their video here.
To view the weekly changes in the index visit Barnes and Noble Bankruptcy Index on our website.
You can find more resources on the future of bookstores on our website at www.ecolibris.net/bookstores_future.asp
Raz @ Eco-Libris
Eco-Libris: Working to green the book industry!