/biz/ - Business & Finance

>>53142970
I guess it's really going bankrupt.

HAHAHAHAHAAHAHAHAHAHA FUCKING IDIOT. IMAGINE INVESTING IN A FUCKING BRICK AND MORTER TOWEL STORE IN 2022/23

53143190

"IMAGINE INVESTING IN A FUCKING BRICK AND MORTER TOWEL STORE IN 2022/23"

This is unironically quite good :D

All fud, i will buy nore in the nezt days

why are they like this?

the fud is ridiculous, the GME thread is astroturfed by "holders" that hate on RC
if you bought and held GME through the fud in january/february 2021 you should be seeing similar patterns with BBBY
RC hyped up BBBY/buybuy baby with his tweets and letter to the board
BBBY has been making moves for M&A like hiring david kastin as their chief legal officer
GME mentioned acquisitions in their last earnings call
if RC screws this up then GME will also be in a bad spot
https://www.reddit.com/r/BBBY/comments/103zdvj/top_is_bbbys_statement_today_bottom_is_a/

Who comfy here?

lol wow im glad i didnt go in at 2.4

>>53143384
>dying funko pop retailer should merge with a dying home goods retailer

genius, anon. it's seriously surprising that you're not the richest man in the world

Assuming it is definitely heading for bankruptcy, that's not going to happen before all the shenanigans set for the middle of this month.

I've always thought BBBY was the distraction.
If by earnings a baby merger of some sort is announced, it could squeeze.

I am buying calls now at the lowest of levels.
Just bought 2500 January 20 $80 calls for $2500

These will make me a millionaire if they go in the money.

>>53143687

>>53143687
>Gets aquired at $79

>>53143687
Not buying your bags, enjoy literally getting delisted as they declare bankrupcy lmao my fucking ass off

>>53143687
Also you could probably get exactly the same amount of calls at a $13 strike at the moment.

>be me, a multi-billion dollar company
>have an almost all-female c-suite
>bankruptcy is now a real possibility
women, amirite?

*clank clank clank*
BAGGIES, COME OUT TO PLAY

>>53142970
I'm not fucking leaving BBBY bros...

I AM NOT FUCKING LEAVING

THEY CAN DROP THE PRICE ALL THEY WANT BUT WE ARE NOT GOING TO SELL. IF THEY SELL

>>53143842

*AHEM*
Welcome to class, children. The word of the day is 'insolvency'.

>>53142970
> If i had more money, i would buy more BBBY.
Anon... I... this is exactly why you don't have the money to begin with

>>53143808
At the time I bought $55 to $80 calls were $0.01 but only $80 calls had enough volume for my 2500 call purchase. It's cheaper for me to do it in one trade to avoid added transaction cost.

>>53143807
>delisted

never heard of OTC have you, retard?

https://www.reddit.com/r/BBBY/comments/1040ddt/important_dd_for_today_and_jan_2023/

BUY MORE BBBY BROS DON'T GIVE IN TO THE FUD DCA BUY AND HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOODL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

“We continue to manage our financial position amidst a changing landscape and work with expert advisors as we consider all paths and strategic alternatives to accomplish our short- and long-term goals. We look forward to providing an update on these fronts on our formal third quarter earnings call next week." Sue Gove

sold all my alibaba, time to stock up on some rick and morty

Brought down my average to $5. Now only need a 2.5x to break even, wagmi bros.

What if Jake Freeman was the bond holder that was holding out and he was such a little bitch about it that they just told him to go fuck himself

Is this retard still here? I remember I’d always laugh at him and cheer him to buy more and he did. 1/2

>>53145153
2/2. He went from $330k to $50k.

Bed, Bath & Beyond Inc.
As ofJanuary 5, 2023 • 10:58 AM CST
NASDAQ: BBBY
1.815USD


OH BBBY, AMC, AND GME BAGGIES

OH REDDIT BAGGIES

>>53142970

BBBY is the top trending ticker right now on yahoo finance. they also pumped HKD in august before BBBY pumped. anthony chukumba of loop capital is the underwriter for HKD and he's the same guy who's been shilling against BBBY and GME.

>>53145130
Jake Freeman isn't real

>>53145230
That has nothing to do with anything. BBBY was still like $10 before the pump, now it’s at ATL. The company said they’re heading towards bankruptcy

>>53145253
Ok, the concept known as Jake Freeman

>>53145230
>BBBY is the top trending ticker right now on yahoo finance

yeah no shit retard, it dropped 20% in one day and the execs are hinting at bankruptcy.

>>53145294
whatever trading desk was using him as a front, has already cashed out

>>53145350
Of shares yes, it was talking about bonds too though

>>53145172
Dios mio

Their website doesn't look that good, it looks like they didn't invest in it a lot, the images are grainy, it feels cluttered with a bad information delivery.
Nevertheless it could be a decent investment if a short sqeeze can take place.

>>53145376
if they're still holding bonds, it's likely a hedge for bankruptcy scenario.. unless the plan was to bankrupt the company get first dibs on all assets

regardless, bbby will just sell off to an interested party rather bankruptcy

>>53145482
If they were another arm of the cellar boxing scenario it would make sense for them to try and disrupt whatever turnaround plan they were trying, but yeah I think a sell off is almost certain now. Hopefully it works with the options everyone bought.

>>53145519
exactly. we don't know what their ulterior move was.. simply to make quick profit or sway entire bbby retail audience.

reminder that (they) created a reddit account just to interact with /bbby/ for an AMA. So kind of them, I would've been enjoying my freshly minted millions instead of talking to internet strangers

KEK BAGGOTS

BWAHAHAHAHA!!!!

>>53145838
So kind.

>>53142970
bro no the plane is crashing with no survivors

https://www.reuters.com/business/retail-consumer/bed-bath-beyond-raises-going-concern-doubt-shares-fall-17-2023-01-05/

>barcoding with millions of shares in volume
The bottom is in.

>>53146438
It was already priced as if it was literally 2024 and Gove had Jenga'd. Cost to borrow has sky rocketed. If they /know/ it's going bankrupt, why the urgency?

why would they mention the bankruptcy thing days before the Q3 report?

>>53146730
Covering their backs legally. There's a real chance of it, but nothing forcing their hand until 2024. If you thought that was happening, you would wait for the cost to borrow to normalise before shorting it, surely.

I remember clowning on their general when it was $12
holy fuck, gme is next

Bed bath and bankrupt

>>53143687
/>jan 20
ngmi

>>53143176
What happens to my puts if the company goes bankrupt before expiry. Do they evaporate?

>>53147254
They tear a hole in the time continuum and pop out of your ass

>>53142970
If you bought BBBY, you would have less money.

The flooding of shills and quality of the fud is just lazy. You can do better shills

Lmao at anyone who will panic sell at this shit. Bankruptcy still isn't official. I will ride this shit to its death before taking a preemtive loss

>>53145153
>>53145172
i wonder if hes still comfy waitin' and holdin'

>>53148411
>Bankruptcy still isn't official
Same energy as
>Cohen didnt actually sell, he just confirmed his intention to sell

>>53148411
A merger via a Reverse IPO with Teddy.com for a merger to GME Entertainment LLC means that they would use GME equity (13m shares ~) to buy the company out via a reverse IPO. This would cause a share count and would reveal naked positions in both, causing much anger and butt hurt for the hedgies

How are we feeling now baggies? Do you feel retarded for buying yet another dying retailer?

>>53148496
I bought more. Thx

>>53145153
>>53145172
Jesus Christ.
And of course it's a Robinhood screencap, not a real brokerage like Fidelity or TDA.

>>53148451
>Cohen didnt actually sell, he just confirmed his intention to sell
lol

>>53148783
Not Robinhood retard. Fidelity and TDA are no better

Newfags lurking, DRS is the way, commonly done through Computershare or your designated transfer agent, such as AST for BBBY. Book your shares today, in your ownership, not the brokerage

I'll be here till the thread archives, 1PBTIDs. Try your hardest

>>53148990
>>53148783
It's the Delta portfolio app

>>53148745
Hey retard, in between you replying to my post, the company decided to go bankrupt.

>>53149092
I can't wait for the 10th where earnings will be entirely conducted via WSJ as an intermediary.

>>53149092
Learn to read a filing bitch

>>53144425
equity is wiped out in a bankruptcy, and virtually all of the unsecured credit
anything pinksheets that trades the day after -- which it fucking won't, lol -- would be a totally new issue. which means, you won't have any.

>>53142970
>BBBY announces bankruptcy
>"if i had more money i would buy more BBBY"

this is why you don't have more money in the first place

>>53149267
Hi 1PBTID

Do you understand goodwill impairment?

BBBY physical assets are far too valuable than what market is currently pricing. A buyer is WAY more likely than them even considering bankruptcy

>>53149314
what the fuck are you talking about, retard?
what does that have to do with trading over the counter?

GME,AMC and BBBY baggies in a race to zero. Holy fuck I would unironically commit sudoku if I was holding with these reditors

>>53148745
oh, no wonder
didn't even read my post right through all the blind-rage tears LMAO

>>53149278
Except they didn't and you've said this verbatim about 5 times over about 6 ID's lol

>>53149381
Why the fuck are you talking about OTC, for a stock currently listed on public markets?

My point is clear bitch, you make sliding scenarios, I'll make hypothetical scenarios too

>>53149400
https://www.marketwatch.com/story/bed-bath-beyond-planning-to-file-for-bankruptcy-report-11672956925

and that was my first post in this shithole of a thread.

enjoy losing your money on a shit meme co

Oh and, make sure to swap IDs again. You're at 3PBTID now, better control the narrative with a fresh 1PBTID again

>>53149502
they do be like that kek

>pic unrelated to anything, don't look too hard, it's not relevant at all, nuh-uh

>https://www.wsj.com/articles/bed-bath-beyond-faces-potential-bankruptcy-filing-11672926677
>Bed Bath & Beyond Inc. is preparing to file for bankruptcy within weeks after the home-goods retailer came up short on sales during the critical holiday season, according to people with knowledge of the matter.

>The retailer is in the early stages of planning for a chapter 11 bankruptcy filing and the discussions could extend into February, these people said.Bed Bath & Beyond warned earlier Thursday that it might file for bankruptcy protection and that it has substantial doubt it can stay in business after enduring another quarter of deep losses and slumping sales.

>>53149567
Will they not even try to do anything to stave it off? Deal BuyBuyBaby or something. I don't understand why they didn't deal with Cohen.

BBBY got rid of my pillow.
One move like that can make you lose a lot of customers that would have shopped there for years.
You don't just lose a customer that one time, you lose all the money they would have spent there until they died. This is why companies like Kroger and others are so nice to customers and will return you money even if they know you are wrong.

>>53149597
I don't know, maybe we should let the company actually answer on the 10th instead of relying on WSJ trust me bro. If you understand the concept of spin in the press, and who they are willing so sell this service to, the whole article just seems desperate to push a narrative.

>>53149567
THIS IS WHY YOU DON'T INVEST IN SHITCOS

YOU ONLY TRADE SHITCOS USING A VERY SMALL PERCENTAGE OF YOUR PORTFOLIOS

GET REKT YOU FUCKING RETARDS

just buy VOO repeatedly and retire early

>>53149657
yeah they are the desperate ones for sure. Lol.

>>53149530
It's hilarious

>>53149657
This.

>>53149686
WSJ don't give a shit, they'll print anything they're paid to.

>>53149705
sure thing buddy. don't forget to buy more shares, moass any day now.

>>53149721
Cash settles tomorrow.

>>53149732
love to see it

>>53149751
"love to see it"

>>53149772
it might be morally wrong but watching suckers lose money is funny to me

>>53149657
I'm just curious because the company themselves issued that statement. Maybe they had to disclose it to shareholders in a certain time frame, but it just seems odd. Okay, you didn't get the bonds, you have other options before you just go bankrupt lmao.

>>53149787
your life must be great, laughing at strangers on a mongolian wok forum. Sad!

>>53149804
i'm mostly laughing at redditors actually and it's a very small part of my life. we all have our vices, at least mine don't involve losing money on shitcos. and it looks like we're down another cool 8% in the p-m, wow. almost 40% of the market cap wiped out in a single day. not a single long is in the green now, even if they bought this shitheap in the 90's lol.

>>53149796
It's legal boilerplate stuff, there is absolutely a risk of bankruptcy which they have to acknowledge, but the timeline for it is not "this weekend lmao". Someone /needs/ this to end immediately.

>>53143384
>if you bought and held GME through the fud in january/february 2021
why would anyone do that retard
the short squeeze happened in 2020. if you didn't sell then, you're a moron/bagholder

>>53149876
thx, your pain is clearly visible through your stretched justifications

have fun coping in a world where redditors will be richer than you

>>53149933
>RETARD ALERT
RETARD ALERT
>RETARD ALERT
RETARD ALERT
>RETARD ALERT
RETARD ALERT

>>53149945
scratch that, down 10% in the p-m. can we reach the vaunted -50% in a day? the hedgies will be truly fukd then i assume.

>Bed Bath & Beyond Inc said it was exploring options including bankruptcy

It's over. Flee while you still can.

>>53149966
> "I don't know what to say. He is right that my life is lame and serves no purpose besides laughing at others to make up for my insecurities. Actually, I know! let's kek the price!"

>>53150010
what's the problem? you can buy even more shares for a cheaper price, it's a win/win.

>>53150023
Don't worry about me, I am buying :)

>>53149951
I made 8k in 2 days of holding GME back in 2020.
You're stuck bagholding meme trash stocks you're down 90%+ on.
Yeahm I'm the one who's a retard lmao

>>53150048
good baggie

>>53148451
I'm full in BBBY and that's exactly my thoughts. I just wish I didn't make this retarded decision but I did and I will still hold because at this point I'd feel more rage at myself if it miraculously recover than if it went to 0.

It will take me around 6 months to make the money back if it goes bankrupt.
Not great, not terrible.

I made a bad mistake and I admit it. I guess I should stay away from the stocks until I gain more knowledge and stop treating the market as a casino.

>>53149787
have you never lost money in your life?
I wouldn't mind BBBY holders being laughed at if this whole situation didn't benefit j*ws.

I fear the bankrupcy may be the best option for them if Ryan (((Cohen))) really used them (and their CFO) to do a pump&dump.

It's all so tiresome, bros.

>more shills than posters
thats when you know it's some good shit going on

>>53150069
bad shill

>>53149393
some of the GME maxis are fully deluded and psychotic, they hate on other baggies while not admitting that they themselves are baggies and if the M&A with BBBY doesn't happen then GME is also fucked because it all hinges on RC being able to make the business grow and be profitable and to sustain the investor confidence otherwise it will bleed out like tesla etc

>>53150141
>I guess I should stay away from the stocks until I gain more knowledge and stop treating the market as a casino.

yeah, and stay away from this forum until you get better at FUDing 1PBTID

learn from 10 PBTID, even though he's doing a shitty job too. Emotional narrative was tried, what's next?

Lol more 3rd worlders who like bashing stocks they "sold a month ago" but continue to post after having a massive hiatus from posting.

Imagine thinking this isn't a short and distort campaign lol

>>53150141
What I want to know is Cohen going to face charges based on what he did to BBBY or what he's doing with GME?

>>53150190
>shill: an accomplice of a hawker, gambler, or swindler who acts as an enthusiastic customer to entice or encourage others.
Funny because, by its actual definition, you're the shill. Not the people laughing at you for buying trash.

>>53150221
Why do you act like a schizo?
I hold over 10k BBBY shares and I'm devastated by today's price movement just like any normal human would be.

I hope for a miracle but whatever happens I still recognize I'm retarded for being in this "play" at all.

>>53150141
i have lost money on many investments. it's just part of the game. the important thing is realizing that you're wrong or that the situation changed, and then cutting your losses as short as possible. throwing good money after bad is the quickest way to financial ruin. you never need to make your money back in the same stock.

and by the way, i don't laugh at people like you who realize that they fucked up and are just stuck holding. just view it as an expensive lesson and get better, you'll probably even benefit from this whole thing in the long run.

lol dis lil nigga done fucked up

>>53150235
Hi 1PBTID, charged for what? Buying stocks?

>>53150236
I just buy the stock because I like it. I don't care what others do with their money. But you lot seem awfully concerned with us losing our money

>>53150243
post stack, time-stamp, and non-curry hands, then we'll talk

>>53150257
>throwing good money after bad is the quickest way to financial ruin
>you never need to make your money back in the same stock.

Yup. Lesson learned.

>>53150236
>Funny because, by its actual definition, you're the shill
On biz, for years, shill ALWAYS meant a fake supporter. Feel free to check the archives if anyone doesn't believe me. The weird bizarro definition only popped up when gme joggers appeared to pump their Reddit bags. Fucking tourists, man.

>>53150221
Not only you bought a dead retailer (going bankrupt broke real time in this thread), you manage to be an asshole about it. Then you wonder why people come in here to shit on you, calling them shills.

You're fucking retarded.

>>53150235
no charges but iirc there was some buzz about a lawsuit last fall. that's when the CFO jumped out of a window.

>>53150326
You bitches shit up /gme/ thread everyday for the past year. Tastes nice doesn't it?

>>53150308
Running a pump and dump (ticker:pnd).

>>53150362
PND? RC makes suggestions to BBBY, they didn't listen, so he sold.

I wonder if they started listening from that point till now, the million dollar question that will be answered next week earnings

Also, he hasn't sold a single share of GME, faggot

Kek shillies

>>53150433
they done fucked with my patience, I'm feeling defcon like ye

I'm going to reverse-shit every shit thread they create from now on. and I'll do it for free

>>53150354
I shit up any reddit thread full of bagholders losing money. I sold off AMC at $30 and got called a shill then for telling people in the thread to take profits then too.

>>53150479
we don't associate with popcorn stock faggot. you need to catch up

>>53150433
>>53150478
Great investment thesis. How's it working out for you?

>>53150478
I am going to buy more shares in both GME and BBBY. At this point I'll find literal spare change down the sofa if I need to until the end of the month to get them. I dropped a bunch of coins in my car and actually need to remove the seat to get the coins lol

505
>still going for it in AH
Let's see how that works out for you shortly

>>53150430
the fact that you redditoids still defend cohen after he used retail baggies as exit liquidity is truly something else.

>>53150206
>the M&A with BBBY

what the fuck is it with retards here thinking that forming a Voltron of shitty companies is the answer? no, Sears + Blockbuster + BBBY + GameStop + Macy's = financial juggernaut

>>53150505
Great. I have $50k+ of sovereign assets that I control under my name, not a fake IOU brokerage

It's a comfy hold

>53150513
He's still here, direct replying, apparently "laughing" at baggies because it's his vice and form of entertainment

KEK!

>>53150524
it's not a forced meme like with AMC or SLGG. M&A with BBBY is the logical answer after everything that RC and BBBY have said and done. the only alternative is if RC wants nothing to do with this and will try to exit GME as well without becoming a disgraced elon musk type of person who literally fears for his life because most people are sick of his shit.

>>53150564
"direct replying" lmfao.

>>53150535
You're still holding 50k of this junk? Ouch. I thought you were all college kids and poors. Don't even want to know how much you've round tripped on this.

KEK DUMB FUCK BAGGOTS

>>53150606
>direct replying
Holy fuck. Just when you think they can't get any more tourist. Baggots are truly subhuman.

kek shillies.

>>53150606
I though you'd understand, didn't you claim to be redditor? KEK

>>53150631
$45k GME, $5K BBBY. I don't think you've heard of disposable income anon. Many of us have a thing called "jobs" :)

>>53150652
And I hope you seethe more knowing that I have wfh job. Soi after I finish my work early like today, I will shit up all your threads with anti-FUD

>>53150675
you're certainly taking the "disposable" part to heart

kek shillies

>>53150701
and you're taking my comments to heart, needing to reply

thanks for bumping the thread for free every time, more new eyes should see this

>>53150594
I don't think there is any way out for him unless he were to make some arrangement to exit at his DCA. This has become a religion to a lot of people, and some claim he's done nothing wrong, but as far as I'm concerned he's led investors in GME on regarding a short squeeze and I think there's a real case against him if he leaves retail holding his bags again. He did it with BBBY. You can say what you want but he had knowledge no one else had at the time (that they were not willing to sell BuyBuyBaby and of their financial state) then he sold his calls in one go, essentially at the top.

>>53150701
kek

>>53150726
the more the merrier i'd say, especially after price action like todays.

>>53150771
you heard him folks, mega-sale on certain undervalued equities today. merry christmas

kek shills

>>53150499
Yeah good point. They actually had an argument on why their company/industry would rebound after Wu Flu lock downs. GME and BBBY bagholders believe in a dying brick and mortar storefront that refuses to adapt.

what went wrong?

>>53150821
They are being grifted in real time by a CEO and board that sold all their shares and never re-bought, split their stock into preferred and common equity to enhance further dilution, and further debt engrossing themselves through buying a scam mining company

Not seeing how that's relevant for GME and BBBY, what's next shillie

>>53150855
>what's next shillie
15 bucks?

>>53150840
>millenials learn that fundamentals > meme pumps

>>53150974
I'm waiting for $10 to drop another load, wow you're even more optimistic than me

>>53150727
well saving BBBY is how he's going to continue this storyline whether he likes it or not. if elon could buy twitter then he can buy BBBY or buybuy baby. allowing BBBY to go bankrupt would hurt his followers directly or indirectly.

trying to view the ticker on RH crashed the app.
lol, lmao even

>>53151121
Idk man, it seemed like he was done with it in the gmedd interview, he didn't have anything good to say about it. I'm not sure how it will work, but if he still wants the BuyBuyBaby brand, could he just bid on it after their bankruptcy? I assume everything would get carved up. Also, this guy seems totally in it for himself. I can't think of one thing he's done for the shareholders of either company other than rug one and dilute the other. He tried to do a split dividend but even that turned out to be a monkey's paw since nothing came of it and now they can issue up to a billion shares with no need to vote.

wow I didn't really think there'd be a general for this, lol

>>53151121
if he cared about his storyline, he wouldn't have sold and abandoned BBBY, but i'm sure he's delusional enough to believe that GME would decouple from BBBY because of "fundamentals". all the money he "gained" by selling BBBY has been more than lost by GME falling.

>>53151992
correct. the people who think an acquisition is happening fail to realize that instead of just working with the company to buy out BABY for a premium, the interested party could just wait for BK proceedings and buy it for pennies.

>>53152613
He's not going to be the good guy in this story. I'm a dumb baggot that bought both GME (a fuck ton) and some BBBY too, and Cohen has demonstrated that he can't or won't do anything that could potentially lead to MOASS. I think there's a good chance he gets bored with it or doesn't get his way like with BBBY and just sells on us.

>>53153250
once I realized his grand plan for GME was a fucking NFT marketplace, I gave up trying to defend the company. so many other spaces in the gaming industry that they could've focused on yet he picked crypto of all things

>>53142970
if I had money, I would waste it all on food and then regret it and try to buy something cheap on dextols to avoid the guilt, I'm an impulsive bitch