/biz/ - Business & Finance

I like how we are all supposed to pretend we didn't notice that the price skyrockets parabolically past $7 per share and that price action stopped when we started getting the barcode price action for the last month.
Yea, the bond rating is moving higher and I am supposed to be the one worried who can go long at $1.30 per share. As if a metric fuckton of FTDs aren't piling up. It's almost too easy. If the fudsters actually tried to convince me that BBBY is too fucking obvious to make any money I would reconsider. There literally can't be anything like this in history, free money on the table in quantities as large as you could ever want. Just sitting here ready to be vacuumed up by anyone with the resolve to take it. The bankruptcy fud is harmless and passes through me like a filtered shilly post. And S&P just showed up yesterday and validated my suspicions. All of this is a function of shorts desperately trying to shake out the longs.

>>53955209
You do you fren. But remember that fortune favors the bold.

>>53922893
Yea, right? The whole situation has been resolved. Move along, nothing to see here.

>>53899564
Yes. Problem?

>>53896725
Do you not see the FTDs piling up? The trade is crowded and strong hands have been slurping up these cheapies. The problem for the shorts now is that if you stop shorting you actually don't have any liquidity. The price will move higher precipitously. I doubt too many people are willingly selling shares are these prices, especially now that we have confirmation that bankruptcy is off of the table for the time being.
We actually have data on borrow costs, and the percentage of sales being short. You are getting close to saturation on the short end, and without downward pressure supplied by the shorting, the price will revert higher to where it OBVIOUSLY wants to go. Without the algorithmic barcoding, this stock rockets higher by 15-120% per day. We RIPPED straight up to $7 several weeks ago and that, imo, is what natural price action looks like to an over shorted stock.
Shorts aren't profitable until they close. I'm personally content to sit and wait and slurp because your capitulation is a foregone conclusion, it's really only a matter of time. If they stock is $6 and I can buy at $1.30 I will do so every single time I get money. I'll have half a mind to go and roll up my pocket change to buy a few more shares that is how certain I am we are all going to wagmi.

>>53871561
We all know why we bought in. We also know why you're here.

>>53861712
The BBBY pot is at a roiling boil. It's not to say BBBY is not risky, and it does not take away from GME. But if BBBY does pop off for whatever reason the tendies to buy out the rest of GME could be literal weeks away. $1.60 is not a bad entry price if you are looking to make money. GME is always going to be the final squeeze, and that means that other things will pop off first.

>>53851944
The company is cleaning up its balance sheet because it likely wants to be bought out. Although Bed Bath and Beyond may be struggling, the subsidiary Buy Buy Baby is profitable. This stock was aggressively shorted because people believed it was going bankrupt. However they have secured financing to avoid chapter 11 and there is a LOT of evidence piling up that M&A activity is going on. Also, there is a metric fuckton of shorts who have been piling in, driving the price lower. And there have also been a lot of longs slurping up this stock at bankruptcy pricing. This stock was moving 15-25% daily several days ago, finally culminating into an explosive 120% move in a single day. Every since 2/6 the market makers have been allowing an algorithm to walk the price lower, likely to instill a sense of dread in the longs who are giga-slurping. One look at the levels of FTDs shows that we could very well be loading up for a GME Jan 21 repeat. The shares are super cheap, the option chain is printing up free money, and the trade is so crowded that the price is going to move violently either up or down. And from what we have seen, BBBY is not going bankrupt anytime soon. Also, paid shills are in here 24/7 literally threatening people with violence because SOMETHING, for SOME REASON has them bent out of shape.

>>53838120
Time to pay what you owe, hedgies

>>53823590
Given the fact that naked shorting is illegal and FtDs are piling up to ungodly levels it actually is organic.

>>53804521
You're up awful late. Can't fall asleep? Something bothering you?

>>53799957
I literally don't care what you have to say. I have seen enough and I want to be on the long side of BBBY.

>>53762836
Just one of many reasons

>>53760021
paper mario64 was amazing
>>53758701
GME is under complete lockdown for now by the hedgies and we are waiting for tangible news coming from management. It does take time to get all of the plans in place, and there are multiple new developments coming that should be exciting for investors.
BBBY at these prices is not a bad gamble. The price is also being man-handled by algos, the stock has been on regsho for over 35 days, and there is lots of evidence that bbby is being set up as a buyout target. BBBY was experiencing explosive days in the last month and after it moved 120% in a single day they let an algo walk the price down and control it. The entire float trades hands every few days yet the price goes nowhere because they want to drown out any upward pressure. I wonder why that is?

>>53752225
No way. Ever since Monday of last week when we popped off 120% we have been under strict lockdown. This price is being manhandled by an algo out of sheer desperation. You can tell by how scary the fud is sounding, but if this stock were going to zero we wouldn't need paid shills to be enticing us to SELL. In fact, the OPPOSITE would be true because everyone would be looking to dump their bags on someone else.
This shit is all very strange, and I choose to blindly trust some tom foolery is afoot and all we have to do to wagmi is survive.

>>53738898
They are about to get their corn hole reamed with a cactus

>>53734673
>It's all in your imaginations.
That's our silly shillies!

Look at those FTDs

guys these FTDs are gonna hit during mandatory close-out period from Reg SHO and push us higher than GME went during Jan 2021