/biz/ - Business & Finance

New 8K's

https://bedbathandbeyond.gcs-web.com/static-files/837be5f3-12c2-43c6-a845-61debbd8ce37
https://bedbathandbeyond.gcs-web.com/node/16946/html
https://bedbathandbeyond.gcs-web.com/static-files/7ce53e90-12cf-4b05-a91d-bc59cb4b5073
https://bedbathandbeyond.gcs-web.com/static-files/9bb45640-ea11-43fa-86c4-d1bf65a9d06b

https://bedbathandbeyond.gcs-web.com/sec-filings/sec-filing/8-k/0000886158-23-000028
>Carol Flaton - Carl Ichans appointee in Xerox take over

Latest hires
>David Kastin - M&A Specialist board member & CLO
https://news.bloomberglaw.com/business-and-practice/bed-bath-beyond-has-new-legal-head-as-it-seeks-sales-revival
>Shawn Hummell New Snr VP
https://www.linkedin.com/posts/shawnhummell_im-honored-to-share-that-im-starting-a-activity-7018935227410522112-kmVv/?originalSubdomain=gb

>Temporary alliance with reddit and jews to take down other jews, we can go back to hating each other later
>reddit DDs don't take them for fact use your brain
>Check your broker and clearing house to ensure you're not rugpulled

As always:
>Sneed hedgies
>Reminder to filter the spamming shills

Still here. Never selling. Wagmi.

I TOLD YOU SO

>>54191560
New cusip :-)

>>54191577
>chat gdp
that will never not be the best part of this whole saga. It makes me laugh every single time I see someone do it

>>54191611
Your about to be BTFO

>>54191577
Checked

>>54191631
>Your about to be BTFO
I bought puts baggie

Bbby is going to acquire gamestop!

>>54191675
Post your puts faggot let’s see them

>>54191577
They are lit the fuse. I still think the shorts are shitting their pants far more than the longs.

r/schizophrenia

>>54191722
post your bags pussy. Or let me guess you've already averaged down through meme weeknd magic trading and you're the only baggie that's green right now

>>54191644
>>54191722
>>54191744
Blessed thread.

>>54191744
It’s why shills are working overtime this weekend.

>there is no death spiral
>there is no dilution
>actually dilution is a good thing
>as is a reverse split
>don't forget the CUSIP change
>>54191712
the new outstanding shares are there to fulfill the obligations found in the warrants. The slaughter of BBBaggies will be by the book, and will be used as - THE - textbook example of the execution of a death spiral financing for generations.

This was always a short squeeze gamble. It's not like I put a lot in this anyway. Still no point in selling for a loss. Might as well keep holding in case any shorts now decide to get out and close. Price isn't going to zero anytime soon on account of a split, so the company is doing things to survive at the very least. I think I'll just ignore all of this for the time being.

The PitchBook redditor found something interesting with bbb. Same date pitchbook has for the rumored bbby buyout/LBO

>>54191765
There was a guy a few days ago claiming that his true cost basis was actually $0.90 because he'd sold for profit then bought back in so was technically still green on bbby overall even though his bags were currently red
I cant wait for baggies claiming a $0.50 true cost basis

>iKEJZ16Z
hello mr 40 pbtID aka gavinder cya in 37 more posts

>>54191837
$0.86
Kek baggie

If anyone recalls, the shill supervisor aka “Hepcat” faggot, came in for his afternoon posts around 5pm EST on Thursday and literally told us they were tanking the stock tomorrow, Friday night, and that baggies were fucked. This was prior to the confirmed dilution info etc. They had a fud plan in place to tank the stock. And they followed with their shill bombardment. I’m no expert, I’m just a 130 IQ mechanic who loves pattern recognition, and something doesn’t sit right. No reason to sell, because with the current price there’s nothing to recoup. Their FUD is still to take it to zero which tells me they NEED it to hit zero. Geez, I wonder why?

>>54191904
>shills are in charge of the companies own sec filings!
>the shills diluted the float by 200M new shares!
Kek baggie
The remaining baggies literally all exhibit symptoms of schizophrenia

>>54191837
All right, let's assume he IS a paid shill (or more likely, a dedicated autist). Let's also assume you have an AMAZING cost basis of $1.00 (you DON'T): you would still be down 20% as of yesterday. Likely you have a cost basis of $1.80+, so you're down 55-90%.

But to reiterate, whether you personally are down 20% or 90%, BBBY has lost almost ALL it's value--you really don't think shorts would have covered by now? IT DUMPED FROM 5.75 to 0.80 IN ~1 MONTH. WHAT IS THERE LEFT TO "SHILL" FOR?

>>54191927
Not possible. I take all my pills moshe.

>>54191904
They want it as low as possible because the pump is inevitable and they need to shake off holders now to prevent this from going triple digits like GameStop. If this was a hedge fund dilution play they would create fomo and dump on them at $30 like they did with AMC.

>>54191958
Some baggies have a cost basis of $25
Ironically the ones who got in earliest have the worst cost basis
The average baggie cost basis is probably above $5
Kek baggies

>>54191805
that's exactly who I was thinking of. I wonder what his actual cost basis is?