/biz/ - Business & Finance

Bed Bath & Beyond Inc. thread

https://www.wsj.com/articles/bed-bath-beyond-faces-potential-bankruptcy-filing-11672926677

https://www.wsj.com/livecoverage/stock-market-news-today-01-05-2023/card/bed-bath-beyond-stock-tumbles-after-company-casts-doubt-on-ability-to-continue-uFbgApbKabV9poHJaCM6

https://www.cnbc.com/2023/01/05/bed-bath-beyond-shares-plummet-as-company-warns-of-deeper-financial-troubles.html

https://www.cnbc.com/2023/01/06/keybanc-says-former-meme-stock-bed-bath-beyond-will-fall-to-10-cents-after-bankruptcy-warning.html


These are most of the articles on BBBY in the last few days.
The ultimate short and distort campaign: after BBBY themselves hint at in a business update, one outlet (WSJ) report that bankruptcy is on the table in two weeks.

What was actually said
>consider all strategic alternatives, including
>restructuring or refinancing its debt
>seeking additional debt or equity capital
>reducing or delaying the Company's business activities and strategic initiatives
>selling assets
>other strategic transactions and/or other measures
>including obtaining relief under the U.S. Bankruptcy Code


EVERY financial media copies the bankruptcy in two weeks narrative. Most talk about a RC P&D as well.
Don't trust short and distort techniques.
BBBY isn't going bankrupt in the following quarters. Buy Buy BABY alone is worth at least a billion dollars and eventually the market cap of BBBY will reflect that.

>When nobody wants something, that creates an opportunity. - Carl Icahn

https://finance.yahoo.com/news/bed-bath-beyond-bankruptcy-path-152244165.html

https://www.marketwatch.com/story/bed-bath-beyond-stock-on-track-for-worst-week-ever-based-on-records-going-back-to-1992-11673025480

https://www.barrons.com/articles/bed-bath-beyond-stock-going-concern-51673037772

https://finance.yahoo.com/news/bed-bath-beyond-bankruptcy-could-202618890.html

https://www.tipranks.com/news/bed-bath-beyond-may-not-see-another-holiday-season-loop-capital

https://www.tipranks.com/news/blurbs/telsey-advisory-reaffirms-their-sell-rating-on-bed-bath-beyond-bbby

https://www.tipranks.com/news/bbby-in-tailspin-as-bankruptcy-looms

https://www.tipranks.com/news/bbby-could-file-for-bankruptcy-soon

https://www.cnbc.com/2023/01/05/bed-bath-beyond-shares-plummet-as-company-warns-of-deeper-financial-troubles.html

https://www.cnbc.com/2023/01/06/keybanc-says-former-meme-stock-bed-bath-beyond-will-fall-to-10-cents-after-bankruptcy-warning.html


These are most of the articles on BBBY in the last few days.
The ultimate short and distort campaign: after BBBY themselves hint at in a business update, one outlet (WSJ) report that bankruptcy is on the table in two weeks.

What was actually said
>consider all strategic alternatives, including
>restructuring or refinancing its debt
>seeking additional debt or equity capital
>reducing or delaying the Company's business activities and strategic initiatives
>selling assets
>other strategic transactions and/or other measures
>including obtaining relief under the U.S. Bankruptcy Code


EVERY financial media copies the bankruptcy in two weeks narrative. Most talk about a RC P&D as well.
Don't trust short and distort techniques.
BBBY isn't going bankrupt in the following quarters. Buy Buy BABY alone is worth at least a billion dollars and eventually the market cap of BBBY will reflect that.

>When nobody wants something, that creates an opportunity. - Carl Icahn

Position: all in on BBBY calls