Borders Group Inc. (fka BGPIQ)

[Double E]

The likelihood of bankruptsy is incorporating into the share price as it gains strength. The current price reflects the views of wall street -their desire to own the stock.
The only thing anybody knows for certain - bookstores are a dying business. Even a currently healthy company which owns a lot of big expensive book stores is soon looking at very serious drop in sales. Those sales will simply be lost to electronic readers.
Borders has to dump the big stores fast. How do you do that with today's real estate market? Do I really want to put my money against all of that? I think not.