7 Comments
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grumpy's avatar

I spent a lot of time on BNED but sold about a year ago. if you want my thoughts, I'm at mikekruger94 (@ google mail )

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Alessandro's avatar

Thank you very much that opt out situation seems really interesting!

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Iggy on Investing's avatar

Yeah it's sad their debt structure makes that situation ugly.

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Kevin's avatar

Thanks for the write-up! I'll have to dig a little deeper into the resources you provided.

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Iggy on Investing's avatar

Yeah, you have to do some deep work if you even want to own one of these has they are very volitle and risky.

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Capital Optimism's avatar

I wouldn't touch LEE with a bargepole, mate. Despite the Buffett recommendation, the management aren't honest

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Iggy on Investing's avatar

I've heard many people say this. Could you give some examples?

I do personally dislike there communication a lot tho, with the focus on being a digital first company bla bla bla, and very little attention to how they are managing the declining print business that is still larger.

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