BBBY General - The Return of the King Edition

[Anonymous No.53116087]

If you fgts dont know sacred BBBY timeline or why PM is +20% today, here it is:

2 Jan - Final day of Ryan Cohen standstill agreement with BBBY
3 Jan - 9 months after baby tweet, teddy belt shit, etc you know drill
4 Jan - Bond offering final day
5-6 Jan - Final possible dates of Q3 report
--------------------------------------------------------

Arise now, arise, Riders of Théoden!
Dire deeds awake: dark is it eastward.
Let horse be bridled, horn be sounded!
Forth Eorlingas!

Arise, arise, Riders of Théoden!
Fell deeds awake: fire and slaughter!
Spear shall be shaken, shield be splintered,
a sword-day, a red day, ere the sun rises!
Ride now, ride now! Ride to Gondor!

This thread is dedicated to the glory of Jesus Christ, true God and true man. May he stand victorious today over the forces of evil, also in instance of BBBY. Godspeed anon!

[Anonymous No.53116369]

oooooooooooooooooo

[Anonymous No.53116405]

this is gonna rip and i'm gonna be rich.

thanks for the fud that drove the price down to 2$

[Anonymous No.53116406]

Spicy

[Anonymous No.53116813]

>1 more week
which could be nice because GME pumped several times in the before their earnings so the same might happen with BBBY because it's about time for it to pump with that gamma ramp into 20 jan and RC/icahn might be doing things now that the standstill is over

[Anonymous No.53117368]

Casino Open
>Casino Open

[Anonymous No.53117991]

so its basically just a gamble on whether or not bbby actually did ok this year? cause it seems like they did just as shit as everyone else.

[Anonymous No.53118155]

>>53117991

Two things:
1. Case against BBBY has been bankrupcy. If this does not happen, its back with a bottom of $20-30, as its historical norm.
2. Case for BBBY now is not just its fundamentals in terms of sales and business, but business restructuring, M&A and such.

That is to say, people are not waiting just for sales figures. But, the only things required for BBBY bulls to have a 10-bagger case as bare minimum, is that BBBY as a business is doing at least subpar.

[Anonymous No.53118209]

>>53118155
>is that BBBY as a business is doing at least subpar.

is there any evidence that they are doing at least that?

[Anonymous No.53118273]

POST PICS THAT MAKE SHORTS SEETHE

[Anonymous No.53118293]

>>53118209
there's a bunch of evidence to the contrary actually. Their stores have been packed since August.

[Anonymous No.53118333]

>>53118209
The employee subreddit has been talking about an increase in incoming shipments starting this month, as well as undefined "good news" from higher up. They've been closing the stores which were losing money, and with the bond/atm offering, the window for bankruptcy is getting smaller and smaller. All this is assuming there's no M/A, despite them hiring someone recently who's entire career has been high level M/A.

[Anonymous No.53118389]

I had 21k shares, but had to do some capital loss harvesting so I don't get rekt on taxes this year. Now down to 15k, hope it keeps going down for the next 30 days so I can avoid wash sales.

If this is $2 or lower by EOM I will unironically take out a HELOC on my home and dump $80k into shares. BBBY is unironically the best investment anyone can make in the stock market imo at this time. Fundamentally and artificially undervalued

[Anonymous No.53118449]

>>53118389
wont the Q1 report jack up the price tho?

[Anonymous No.53118482]

>>53118449
Q3 report which is coming on the 10th will likely show progress toward becoming cashflow break-even.

BBBY claims they will be cashflow break-even by Q4 (end of Feb).

Standstill agreement w/ RC Ventures ended today, so it's possible they announce a merger or something at the Q3 call next week which causes a squeeze like GME in January 2021.

I'd bet that we need to be on Reg SHO again for that to happen though.

>this company does $7b in revenue a year and is currently valued at $250m, kek

[Anonymous No.53118527]

>>53118389
>hope it keeps going down for the next 30 days
Unfortunately that would be past the 20th expiry gamma ramp, I think it either happens between earnings and then, or it's a longer term play.

[Anonymous No.53118603]

>>53118527
Gamma ramp is likely a nothing burger imo, unless there's a M&A announcement then the ramp won't matter. That being said... if RC Ventures announces something big this or next week related to BBBY then it'll unironically shoot to new ATHs with the ramp that we have.

Short's know about the ramp and fear it because of all the damage GME did to them. Like I said, we need Reg SHO. IF we run leading up to the Q4 results though then that could be enough FTDs to get them put back on Reg SHO... then with a positive cashflow Q4 it could be the killing blow to those short on this trade. (Reg SHO + positive cashflow = kek shorties?)

[Anonymous No.53118686]

>>53118603
If it's a M/A deal then the price will just be stuck to whatever the buyout price is, which is related to the revenue more than current share price, so still easy money. If it's anything else and the price goes above $8, it will likely go parabolic. I feel like FTD's peaked a couple of weeks back, so I don't know how likely reg sho is before the 20th. The point is it's been hammered down so much now that literally anything could set it off.

[Anonymous No.53118701]

Bought about 4K worth of shares this morning on robinhood. BBBY sells tangible hard products. There is a shopping experience for women. Im sorry but women want the physical shopping experience. Only shopping for women on Amazon eats up some time but lets be honest women want to do the gal pal time at the mall and buy stuff it is in their nature and they can't help them selves at all.

[Anonymous No.53118704]

>>53118686
If there's a M&A don't shorts need to close before a buy out happens?

Also, FTDs are ramping up again (pic related)

[Anonymous No.53118726]

>>53118704
What are Fails to Deliver?

[Anonymous No.53118733]

>>53118686
it doesn't have to be a straight cash deal it could involve paying with GME shares (GME is authorized to have up to 1 billion shares), buybuy baby, icahn enterprises, teddy holdings

[Anonymous No.53118735]

>>53118704
Yeah they do, and anyone short will lose a lot of money, but my understanding is it won't go past the buyout price. That might be different with the sheer amount of shorts though. Nice on the FTD's.

[Anonymous No.53118752]

>>53118701
based, I spoke to my in-laws this Christmas about GME and the short & distort campaign that's been run against retail companies over the last 2 decades.

They didn't give a fuck about GameStop, but when I mentioned Bed Bath and Beyond my mother in law actually freaked out. Apparently, she shops there exclusively for home stuff, all the women her age do. She asked what they can do to stop it from going out of business and my father in law bought like 20k shares this AM lol.

More people care about BBBY then they do GME, GME is/was the trailblazer for DRS though and if it that gets hold on BBBY... oh boy.

[Anonymous No.53118807]

>>53118733 (checked)
This is also true, and would utterly fuck anyone short on it.
>>53118752
Kek

[Anonymous No.53118822]

>>53116087
Great! Another schizo general thread on /biz/. Fuck off back to plebbit

[Anonymous No.53118833]

[Anonymous No.53118835]

>>53118752
Yeah, you see the female has to have that for exclusive gal pal time and then goto panda Express.

[Anonymous No.53119525]

>>53118835
unironically if people like my mother in law start getting fed up with Wall Street then it's all over for Citadel et al

[Anonymous No.53119901]

oof glad i didn't buy at 2.40

[Anonymous No.53119989]

>>53119901
I did, figured that was the dump for the day.

lmao

[Anonymous No.53120082]

>>53119989
don't worry this is probably going to 5-100x soon if RC isn't breaking his pattern of gigachad activist investing and pulling the letdown of a century far worse than trump grifters etc

[Anonymous No.53120268]

elon's twitter deal was dumb (some say that it was a pump and dump attempt that backfired) but that's the kind of stuff that people like RC or icahn can do if they just decide to actually do it. they have the means to acquire BBBY and/or buybuy baby.

[Anonymous No.53120315]

>>53120082
At this price it doesn't even need to be him or Icahn, the entire market cap is 200 million, so there are literally thousands of investors who could get to 10% ownership on a whim. If earnings says anything other than immediate bankruptcy, I think we're flying.

[Anonymous No.53120355]

holy shit another COPE thread filled with retarded fucking baggies. Let me guess, you're all /pol/tards too, aren't you?

[Anonymous No.53120420]

At what price do they go bankrupt?

[Anonymous No.53120447]

I'm down to 8 dollars average now, thanks a lot hedgies

[Anonymous No.53120575]

2.25 is the new floor apparently

[Anonymous No.53120613]

>>53120420
They don't, it just makes it harder to raise capital via ATM offerings. They have bonds due in 2024 and the deal to convert them is still unresolved, but that's probably the earliest possible time. If the share price goes below $1 for a month it could get delisted, but there are a lot of ways to mitigate that. The key points here are the 7 Billion in revenue and massive brand awareness. It's simply not priced correctly.

[Anonymous No.53120644]

>>53120575
You baggietards have been saying this since 10.50 lmfao
>muh dipperino
>muh trading sideways

[Anonymous No.53120655]

I don't respond to shills

[Anonymous No.53120809]

what do you call this pattern?

[Anonymous No.53120847]

>>53120809
some sort of ground level platform

[Anonymous No.53120858]

>>53120809
Software bug in the system

[Anonymous No.53120869]

>>53120809
IT'S JUST A GLITCH BRO PLEASE STOP ASKING

[Anonymous No.53120980]

>>53120809
It's been doing that for like a month straight. No other meme stocks (even the ones that are penny stocks like PRTY) don't do that weird shuffle around a price.

[Anonymous No.53120993]

the stock is rising my bastards

[Anonymous No.53120999]

ring ring

Carl Icahn here, just calling to let you know that I'm buying 20% stake in BBBY right now

check'em (these digits and the chart that is)

[Anonymous No.53121007]

>>53120999

[Anonymous No.53121030]

>>53120999
Checked

[Anonymous No.53121080]

>>53120999

WTF its real, its really happening!

HAIL CHRIST!

[Anonymous No.53121173]

GME IS THE ONLY STOCK THAT WILL HAVE THE MOTHER OF ALL SHORT SUQEEZES

BBBY = DISTRACTION
AMC = DISTRACTION
APE = DISTRACTION
CLOV = DISTRACTION
SILVER = DISTRACTION
BB = DISTRACTION

[Anonymous No.53121201]

>>53121173

ape don't fight ape

[Anonymous No.53121303]

>>53121173
all of those are distractions except for BBBY.

The hedgies fear BBBY because it can be DRS'd faster than GME or AMC, pic related

[Anonymous No.53121499]

>>53121303
RC sold BBBY because the board is compromised. Read the letters in which RC explains his plan, it's perfectly clear they are doing the exact opposite.

[Anonymous No.53121516]

>>53121173
>shilling against a stock you don't own in a thread about a stock you don't own
kek hedgies

[Anonymous No.53121579]

>>53121499

BBBY and GME is only two non-BCG compromised basketstocks, and incidentally, the only two RC shows interest in.

As for his recommendation in the letter, read it for yourself. They are doing everything he recommends. The only thing we havent seen yet, is M&A. Give it a week and 2 hours, and we know whats up.

As for "only stock" rhethorics, yes GME is the assymetrical risk identified by SEC. But i think of it this way; shorts have short exposure to basket, this is why its called basket. It correlates like 90%, up and down. GME is not easy to move right now, its not very liquid and movement requires hefty news to move the entire cap. BBBY is small as shit and at this point, almost any good news will send it high. BBBY is the trigger, GME is the dynamite. Kaboom. Sorry for sounding like redditor, im not.

[Anonymous No.53123539]

[Anonymous No.53123959]

>>53123539

The bullish thing is, tue is T+2 from fri. If RC announces something from now to fri, options will go parabolic, and when exercised the buy-ins of tuesday will be nuts. In addition to the actual Q3. That could very well be the trigger for rest of basket liberation, including especcially GME.

[Anonymous No.53124022]

>memeification of the stock
is the most obvious dog whistle in the world to hedgies.

https://finance.yahoo.com/video/why-bed-bath-beyond-stock-144530151.html

WAGMI bros. These last 6 months have been a ride but it's about to pop

[Anonymous No.53124140]

>>53121499
Why does he still own 1.5 percent of the total market cap though?