/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:
>DO NOT FEED THE SHILLS
>Create memes
>Sneed hedgies

Previously on /BBBY/
>>54682233

kek baggies

they hate us so much, bros...
they hate us so much...

>its 2023 some diseased tileshop bysiness is being MLM shilled to anons on a basket waving forum that hates niggers and jews
This board is over. Its time to go.

nice penny stock. reverse split soon! followed by more dilution! bullish!

Another reminder that anon only has 5 more trading days left for his prediction to come true and if he is wrong I am going to put a hex on him.

>>54691551
Good.

>54691556
>he has to work even on weekends!
kek

>>54691614
I take my prediction back. Please forgive me, I was wrong.

>54691553
>Shills still calling stocks they don't want people to buy MLM
holy kek you literally have one script

>>54691551
They hate to see pillowchads winning. Anyway, let’s rehash that discussion about why they’re buying back their bonds if they’re going bankrupt? There were some interesting points made towards the end. Also, the word bankruptcy literally doesn’t appear anywhere in this Kastin cunts resume so wtf bros? Is the msm not actually the tip of the info spear?

>>54691683
They really want you to sell, well firstly they tried to stop you from buying, but once we did and didn't listen to their fud, now they want you to sell.

I think I'll buy and hold.

Why is stuck at 30 cents

market open

Why is Buy Buy Baby opening new stores if they’re bankrupt?

Why did they just implement a 365 day return policy if they’re going to cease to exist in a month?

>>54691642
You are getting hex'd bro lmao

>>54691551

Wild Friday night:

>RC #1 fan destroys shills all night long

>Shills seethe and can’t rebuttal or give coherent responses without meltdowning

>Secret Agent updates us after late night classified meeting that bbbybros are wagmi. (shows badge proof, it's on)

>infinitetruth now only follows 9 accounts on twitter

>reditt account that was made the day RC sold bbby bags august 16th

and never posted anything until yesterday writing schizo Spanish question on buybuybaby subreddit eluding to RC hola tweet from April 24th of last year.

>ichan released filing with big purchase within Ichan interprise yesterday

>media fud bankruptcy then deleted it or recycles old news/shills fill up threads constantly getting sneeded

Feels good bros, we're very close. Very close indeed.

>>54691829

>>54691829
I'm waiting on the last push down to buy a fuck load more than the fuckload I already have

>>54691885
based. Sitting at 50k shares. People I want to help and things I hope to do. Many things are lining up. We'll see soon enough.

>>54691921
Is 12k shares enough to make it ?

>>54691709
Just checked, it's actually closed at the moment.

>>54691711
>fudsters hate this man
Checked

>>54692078
yes anon. Once shorts begin to force close the price will rocket. in b4 "meh bankruptcy." Too many cohencidences lining up for this thing. Bbby will set it all ablaze and a gme sneeze 2,0 is upon us.

Fudding shill niggers tongue my anus, we gongo to da moona

Thirty cents.

>As part of this bankruptcy, investors that made a share purchase within the last 30 days may be eligible for a partial or complete refund through their broker.
https://www.bedbathandbeyond.com/refunds

>>54692244
>404 brain not found

>54692241
How many ID's you had today?

>>54691489
kek dumbfuck saturday BBBaggots

>>54692163
What's that pic?

>>54691711
So if they announce chapter 11 bankruptcy, you’ll admit you were wrong and the shills were right?

>>54692534
COPE FAGGOT WORKING ON WEEKENDS TO FUD A STOCK

>>54692541
I make more money posting than you do holding bbby.

We are gonna make it bros.

Does bbby sell anything for under 50¢?

>>54692663
>In b4 it's own stock hurr durr

I've done my fair share of laughing at apes, but after some thought I've decided that being a hater is bad karma and ultimately toxic to the soul. I wish you guy's well and hope your investment turns out alright.

>>54692695
Fag

>mfw BBBaggies rope

rude :(

>>54692534
Why are you dodging my questions?

>>54692441
it's from a gamestop NFT, has some encoded info like "keep looking" if you do base64 or something

>>54692726

>>54691614
Pump to 17 not 30

>>54692962
Why 17?

>>54691614
why dont you put a money-hex on the shareprice?

Still 1 week left for April, kek hedgies

What's the average cost basis around here?

>>54691551
I do hate you. You bought a distraction stock thinking it would squeeze. You handed the SHFs money to prolong this and delay the GameStop MOASS. You didn't sell after Ryan Cohen, the only reason why anyone cares about BBBY in the first place, sold his shares and says he sees no value in the company. Bankruptcy can't come soon enough.

>>54693064

>>54692663
Yeah, they’re own stock!

Never selling. Diamond hands. People like you will never understand, this wasn't about the money. Never was. THIS. IS. WAR. And for the first time the hedge fund suits are pissing themselves scared and hiding under their desks.

>>54692818
I have this anon filtered. Looks like he is trying to reply to me. I’m guessing it’s something dumb.

>>54692695
>after some thought I've decided that being a hater is bad karma and ultimately toxic to the soul.
It's good that you reached that conclusion.

>I wish you guy's well and hope your investment turns out alright.
Thanks

>>54693064
North of $20. But they’ll only tell you about the three shared they bought at 31¢

>>54692695
Why would you need to pay someone to post here on the weekends to try and make me give up my hating. That’s all the proof I need to know I should keep hating more.

>>54693106
>distraction stock
how to out yourself as a retard in 1 simple comment

for some strange reason I get this feeling that we aren’t going to see $25 again

>>54693219

>>54693127
>claims to filter me but keeps on replying to me

kek

>>54693123
What the fuck are you on? Its a towel company, and the people betting the stock would drop were right.

>>54693269
Sorry, still can’t see your posts.

>>54693304
>WOW MORE 1PBTID'S FUDDING THE STOCK ON THE WEEKEND
WHAT ARE THE CHANCES OF THAT?

>>54693305
Why are you here? All day, every day. Including weekends?

>>54693239
2PBTID

>>54693321
Absolute top tier meme posting.

>>54693319
I work for mossad, and they are funded by hedge funds. Plus Fauci chips in too, for some reason. The powerful elite of the world are solely focused on your purchase of $40 worth of penny stock. The entire fate of the world rests on your investment. There are powers at play here you couldn’t possibly imagine.

>>54693314
We can't all spend all day shilling on /biz/ Ramjeep.

>>54692952
chapter 11 very soon dumb fuck baggie

Shills will never address this in good faith

>>54693321
i still need to buy the gr*phics version of df

>>54692968
BBBY Stock: Will a Surprising Savior Bring Massive Gains Amid Bankruptcy?
https://investorplace.com/2023/04/bbby-stock-will-a-surprising-savior-bring-massive-gains-amid-bankruptcy/

>>54693399
>actually believes someone bought over a billion shares
Even the dumbest of baggies knows this is bullshit.

>>54693064
0,44

>>54693419
>investorplace

>>54693448
That and the 40% gain that article is about vanished already. I would guess it's just shorts rushing to close when they saw the wsj article.

>>54693442
I Never sell.
Neverland
Or 17$ or nothing

>>54692078
>>54692148
I need $1000 per share to make it after taxes.

>>54693470
>17
Glad to see the QAnon contingent of the baggies making themselves known

BAG

>>54693304
Kashmir belongs to Pakistan.

>>54693502
how does 10 cents per share sound?

>>54693873
Sounds great. I could buy enough to cut my make it price target by 75%.

>>54693064
mine should be somewhere just under .40 I believe

Kek hedgies

>>54693348
You haven’t answered the question. Your misdirection and conspiracy laden answer only serves to raise people’s interest in your continued presence. So I ask again, why are you here all day, every day, including weekends?

>>54694166
Checked hedgie kekker, fuck shillnigger fudders and cum in their mothers. Kashmir rightfully belongs to Pakistan.

>>54689681
Blatantly false, my friend. You didn't even take a look at the forecast, Mr. Pajeet. You lost all credibility and you're just spreading disinformation in bad faith. You've convinced me that ALL bed based and beyond dissenters are retarded indian shills. You don't even know how to look at numbers, you didn't even take a glance at it, because you are from a third world country and you're using google translate to talk to me. LOOK AGAIN. Where did you get 50% from this model? If you look at base case, the forecasted revenue for Y1 (in millions) is 9,825. In Y2 (in millions) the forecasted revenue is 9,990. How did you calculate 50%? You just made that shit up. The % change between Y1 (the following fiscal year) and Y2 is 1.65%. Where did you get 50%?

https://www.alphaspread.com/security/nasdaq/bbby/dcf-valuation/base-case

Ohh, did you mean net margin? Still nowhere near 50%. Did you mean net income? Still nowhere near 50%. If you can't tell the difference between gross revenue, gross margin, and net income, then you have no credibility to talk to me.

Even *if* they had aggressive forecasts for the next fiscal year, that would make total sense because they're going through a fundamental restructuring of the company. The margins will factually improve because they're downsizing, yeeting unprofitable brands, yeeting unprofitable stores. Not only that, they're switching to learn towards an ecommerce focus. BBBY *is* going to rocket into uranus no matter what you do.

Too bad your employer doesn't know I'm a retarded autist, refuse to listen to anyone, and will dump 50% of my paychecks into BBBY indefinitely. Your jewish shilling won't perturb me.

Too bad bears don't realize that the bear thesis is actually a BULL thesis. In the absolute worst case scenario, if they go bankrupt, both RC's and Icahn's cocks will get hard AF and they'll come for BBBY in a hostile takeover.

>B-but that makes no sense, m-muh profit.
Nothing about BBBY makes any sense.

>>54694393

>>54694426
You have no argument, nigger. I win. I'm smarter than you. My cock is extremely hard right now and BBBY is going to Uranus. Cohen is buying BBBY, nothing you can do to stop it. We're going straight to the moon.

You can either be a poorfag the rest of your life or a rich man, choice is yours. Do with this information as you will, I refuse to explain further.

>>54694463
You can be my CFO

>>54694463
Cohen is buying bbby? Doesnt he only want Baby I thought it would be Icahn or Newell for bbby.

>>54694618
That's a highly likely and viable scenario my friend. I see that happening exactly as you stated. I honestly think that's the play. This is all a huge bear trap.

>>54694393
based tripfag

>>54694393
>>54694463
Am I going to WAGMI after taxes, RC super fan?

How quickly will we moon after the upcoming M&A announcement?

Ed Telvur here. Do we think the M&A will be announced this week?

>>54694908
we're all going to fucking make it

cant wait for monday

>>54694393
What’s the make it stack here? I got about 2500 shares across various accounts collectively around 2.50 down from 20 last year. Will continue to avg down of my own volition this week because I think bankruptcy is off the table and the brand is solid. MA shit, gme2, etc would be awesome and nice but this is just too cheap to not get more involved for me right now.

make it stack = 50 shares

>>54694973
I just want to stop waging and wake up to the sound of birds instead of traffic.

>>54695189
you're a good man, anon
get you a good girl

>>54695231

>>54695360
this is true. I also want self sustainability to screw the jews and be every "the jew fears the indoor [insert x] meme"

Holding.

So... It's totally legal to reverse split and then immediately fuck your shareholders?

>>54691711
A confidence play to get retards / people who aren't paying attention to buy more stuff?

Reminder if you bought at 20c and didn't sell at 50c, leddit just made you bag hold. They made me baghold through a 6x, I got out without even a 2x. Do not believe in leddit's lies.

https://www.youtube.com/watch?v=IdL0WdmhU2w

>>54693219
Bro. If we hit 2 dollars again im gonna be so fucking rich.

>>54693421
>"All volume is fake and gay, but no the stocks i hold".

>>54693064
$0.28

>>54691829
Nice update fren. I missed the ichan purchase happening. Can you give some more info please? Yes yesterday was wild and I am hoping our insider fren is the real deal which I really think he may be.

>>54693399
When did this happen? Holy shit I missed this too!

>>54694393
Based. Devastating blow.

You convinced me. Selling my house and going all in!

>>54694920
Instantly I would assume. The smaller hedge funds will jump first to cover and close their shorts.

>>54695586
I will only make 2k witth 2$ i really hope at 10$ and i will be happy

>>54694191
What answer can I give that you would believe?

>>54695874
How much do you make at 29¢?

Kais is mentally ill, isn’t he?

$18.50 fixed price, all equity Before Q3.That’s all.

>>54694908
>"Am i going to we are gonna make it after taxes, RC super fan"
i hate newfags so much.

>>54696063
Not in the slightest... he's a genius.

>>54696255
Checked and he’s either a legit manic schizo who stumbled into a spotlight, a bad actor pushed by those on the other side of trade, or a downright profit.
>I like those odds

>>54696131
kms yourself oldfag

>>54696273
I was being sarcastic anon, dude is an absolute fucking chode. I bet you a dime to a dollar that he only popped up after the first major runup, and then just was a baggie since then hyping every date.

I've made a little on options throughout this whole ordeal, but the average AMC/BBBY/GME retail trader is embarrassing. Just so loud and wrong all the time, I can't imagine how bad educated people in finance cringe at some of the shit they see.

c (YOU) soon

>>54696284
This made me laugh. Good one.

>>54695024
see
>>54696300

>>54696324
He looks so shopped gaghhahhaha

>>54696081
what does this mean

>>54696349
>LMAO

>>54696081
Nah bobby will announce acquisition news and the price will pop and then they will do an offering into and wipe their debt just like jimmie did. Its why the RS is two weeks after april 26 deadline.

>>54696430
So SOMETHING should happen pretty soon here, right?

>>54696430
So you think the announcement is on or around April 26th?

>>54696448
Oh, an announcement is coming alright.

…

A BANKRUPTCY ANNOUNCEMENT!

>>54696299
Checked and probably correct re Kais. I don’t think he actually comes up with anything he just rambles the tinfoil. Definitely correct re how educated finance people see gme holder cringe. That said it’s an inevitability in something with as large a participating population. It’ll also provide maximum seethe when gme does eventually do its thing.

>>54696430
absolutely delusional. this is heading straight to 0, and i will be here to kek you baggies while my shorts print money. thank you for your donation.

>>54696430
no the buyer announces that they are buying the company, not bbby

>>54696485
You sound desperate. How does it feel?

>>54696534
>inevitable
You mean to say “impossible”

>>54696567
I haven’t experienced an emotion in over 20 years. You’re asking the wrong person.

>>54696575
Keep posting. I like you. You amuse me.

>>54696566
Yeah same thing. The acqusition announcement happens. Then a squeeze. Bobby sells into the squeeze. Debt gone. Its exactly what RC did with jimmie. And yes I expect to hear the news this week.

>>54696548
You wouldn't be here if this wasnt happening.

>>54696592
I will continue to post. But I am indifferent to your admiration.

>>54696602
What’s your exit strategy fren? I worry I’ll paperhand at like $3

Why did Ryan Cohen abandon us and sell?

>>54696684
If it makes you feel any better, it’ll never get anywhere near $3.

>>54696697
I don't know about that, $0 is pretty close to $3.

54696575
>20pbtid
One man’s impossible is another man’s inevitable.

54696575
For posterity whore

imagine being exit liquidity

>>54696792
Your mom doesn't need to imagine my liquidity in her exit

>>54691829
Never been closer fren. This thing is going to moon. I heard from an insider that Citadel's dark pool cleaning boy accidentally fell in earlier this week so the pool is out of commission a little while. Gotta take advantage of yet another tasty seven layer dip.

>>54696811
i'll pray for you

>>54696684
Its really hard to tell with this stock its unlike jimmie where i know my fellow retard holders will hold for crazy numbers. With the RS in mind and at a possible 20:1 it could go pretty damn high. Once it hits 3 figures i am paying close attention.

>>54696934
>once it hits three figures
How many figures is it at currently?

>>54696934
Will a squeeze even happen before the RS?

>>54696949
>will a squeeze ever happen

No.

>>54696949
it won't be listed long enough for a rs at this point

>>54696949
Brothers, I am scared.

>>54697169
>investorplace
User submitted stories with zero editorial oversight. Basically a long-form Chan post.

>>54695189
An admirable goal, but pissing money away on absurdly high risk garbage is unlikely to get you to it. Expecting to get rich quick is expecting to get thin quick. Many people will sell you methods to do it, but none of them work. It's the culmination of daily effort that brings you to your goals and it is also the reason why so few people are capable of making it to them. It's too hard for them, they want to be the one in a million lottery winner, and all but one in a million end up as the loser.

>>54696949
>Will a squeeze even happen
Not likely, they printed too many shares.

I think they’ll give everybody bagholding from $25-30 a respectable exit.

>>54697169
>>54697279
Question: if they do hypothetically buy the company at a $1.5 billion valuation, does that mean the stock price would go to $3.50 a share? If not, could you explain why?

Sorry, I have autism

>no insider buys/sells since Kirkland and Ellis was hired in August

Explain this shillies

>>54697568
Lol, no one is buying this trash fire for 1.5 billion.

>>54697362
This is what I’m thinking as well. Ryan has to redeem himself to the folks who bought in that range and the price will reflect that.

>>54697568
this piece of shit company has an absurd amount of debt. nobody wants it. shareholders aren't entitled to shit. you will get nothing. sell your position and move on.

>>54697362
Why would anyone buy the company at $25 per share when it’s selling on the open market for 25¢ per share.

>>54697640
I disagree

>>54697639
Or that D. Kastins resume and LinkedIn page both literally don’t even contain the word bankruptcy. Shillbros what mean

>>54697659
They’re paying Kastin like 25k a month. Why else would they do this

>>54697654
Total market cap is currently $138 million. Some is not going to buy the company and just donate the extra $1.4 billion to baggies just to be nice.

>>54697356
You're saying I'm one in a million?

>>54697639
>why hasn’t gustavo arnal sold any shares since September
Amazing DD.

>2011 + 12
>simping a failed towel store
>ISHYGDDT

This is harder to read than any cringe thread

I feel bad for people who are emotionally invested in this.

>>54697744
>27 posts
>Small typo
Esl detected

>>54697649
no <3

>>54697763
Go ahead and keep parading around the dead man's corpse that your sick and twisted bosses killed.

You're more than pathetic, you're straight up evil. I cannot imagine being so deprived of basic humanity. I genuinely hope you get help.

wojaks up like 85% is it still worth getting into how long is it going to keep increasing for most likely?

Sneedadel

>>54697708
A company headed for bankruptcy wouldn’t be hiring such high level c-suite personnel before cash flow positive earnings. No less one who is explicitly an MA guy.

>>54698189
the board is incompetent and compromised. everything they do is retarded, and no, there isn't some 4d chess play here. retail is being milked. the real shills are the ones telling you to buy. just short this shit. it is free money

>>54698347
this doesn't address anything at all

>>54698482
Nonsense, it hit every point they're paid to cover as a fudster. Just tell them to do a flip and Kashmir rightfully belongs to Pakistan they'll never argue in good faith.

is only 30k enough to make it? it doesn't feel like much being worth only $10k right now

>>54698683
doesn't matter. 5k shares or 50k shares. the end result is the same. enjoy your bags.

CAN YOU GUYS TELL ME WHAT IS HAPPENING AFTER RESPLIT?

>>54699426
Shorties are beheaded and promptly roundhouse kicked financially speaking

UNION, N.J., April 23, 2023 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced that it and certain of its subsidiaries (collectively, "the Company") filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the District of New Jersey (the "Court") to implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets.

kek baggies
A lot of people lost a lot of money

this is good... right?

>>54699753
oh well, one less problem for me in the future

>>54699860
WSJ WAS RIGHT (AGAIN)

thats woman leadership for you. Im so glad that the eu is making it mandatory for companies.

THE BELL TOLLS FOR THEE, BAGGIE

https://restructuring.ra.kroll.com/bbby/Home-DownloadPDF?id1=MTQ5MzkzOQ%3D%3D&id2=0

>>54699925
yay cheap towels

>>54699860
apesisters... we're gonna need a response for this one...

Just fyi the market isn't corrupt or crime or retail vs short hedge funds. Forget all the crap you learned as an ape and try again someday and you will find it's historically the best way for Americans to grow wealth throughout their lifetime.

STORES CLOSING BY END OF MAY
NO SPIN OFF
TOTAL BAGGIE DEATH

Bros im in tears i had everything in this please tell me Ryan hasnt betrayed me, i may need to sell my gmes

GAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Dumb fucking retards!!!

>just checking the BBBY reddit

I'm unironically dropping a couple grand next week on more so I can be the biggest baggie left. Hopefully can get for under a penny.

>>54699860
>bankruptcy protection
bullish

>>54700008
Stay calm son of the bitch

I WAS CALLED A SHILL
THEY SAID I'M PAID
BUT I DID IT FOR FREE
AND IT'LL HAPPEN TO GME

KEK BAGGIES GIVE ME SOME LAST (YOU)S BEFORE YOU OFF YOURSELF

>>54700039

30$

>>54691642
nova anon getting hexed :(

So all shares are worthless now?

Interesting that Gove, Kastin et al would sudoku their entire careers over this, but here we are.

Why isn't it mooning? What the hell is going on?

AHAHAHAHAHA
NO WAIT I JUST CAME HERE TO LAUGH
HAHAHAAHAHAHAH
OH GOD HAHAHAA
also check /r/BBBY for extra comedy

>>54700097
The board's severance packages added up is in the tens of millions. They have handled many other bankruptcies and will do many more.

>>54700118
r/BBBY is getting slid by shills

"The Company has filed motions with the Court seeking authority to market Bed Bath & Beyond and buybuy BABY as part of an auction pursuant to section 363 of the Bankruptcy Code. Alongside these efforts, the Company is also strategically managing inventory to preserve value. In the event of a successful sale, the Company will pivot away from any store closings needed to implement a transaction. The Company believes this dual-path process will best maximize value."

Stay calm friends.
Remember pump volume monday/wednesday....

I fricken told you, guys, to sell when it did that 5$ price and the 7$ one. I'm a level-headed individual.

>>54700124
so its still on? Come on man, either kill it or moon it via merger or some other shit. Im getting real tired of all this women's drama

Yep anon is going to get a hex

I am in so much fucking debt and I don’t know what to do now. Goddamnit I fucking hate this company.

Fuck I've spent $80 on this shitty stock before the squeeze. Should've sold when I was in the green.

>>54700124
Is this a work around for the anti-trust block? FTC can't step in to block an auction?

>>54700155
$80 isn't a lot of money in a first world country pajeet

apes are already pivoting into bankruptcy being good because uhhh the company can survive and uhhh someone might buy its assets for pennies on the dollar. they just can't seem to comprehend that what's good for the "company" and what's good for the current equity holders is not the same thing. yes, they might be forced to sell their valuable assets for cheapies but that doesn't mean you get paid. it means creditors get paid.

>>54700166
It's definitely not, but I could've used that money to buy about 16 pizzas

Pump of the volume is TRUTH.
2,15 Billions
Monday up thsnks to short

i don't get why they are mad at Ryan Cohen. he sold ages ago

>>54700180
fuck yeah man, you have to learn risk management sometimes and maybe next time take a little profit off the tip top.

>>54700180
16 expensive frozen pizzas
80 tombstone frozen pizzas
3.5 pizza hut pizzas

How can I hold the board accountable for this

>>54700209
I meant italian pizzas, thankfully I don't live in the USA

>I didn't need the money!
If this describes your cope, just stop and apologize to me and the other "shills". I started out genuinely trying to help people avoid this, and I was called a jeet and a kike. Now, I'll be here until the end of these generals to see one anon in particular humbled. He knows who he is.

>pride cometh before the fall and a haughty heart before destruction

I got out at like 9$ and ngl, the schadenfreude is strong with this one. Guys at r/bbby were arrogantly calling everyone a shill, while digging their own grave by boasting about how many more shares they just bought after while it was dipping >10% everyday.

I did warn you guys that dogshit was a better play. When a company with significantly more liabilities than assets goes bankrupt shareholders get nothing. If you'd bought dogshit instead, at least you'd still have dogshit even if the great turdsqueeze didn't happen.

why didnt you just buy gme

Revlon filed chapter 11 on June 13, 2022 then went from $1.08 to $9.89 within 6 trading days

>>54700163
right, there are too many things that don't add up like the dragonfly board resignations and he randomly tweeted about china's high speed rails possibly referring to HSR. RC should have been able to pool enough capital between himself, dragonfly, volition capital, icahn. maybe alibaba (which RC reportedly invested in) will swoop in and bid on buybuy baby. RC failing to add value to BBBY and acquire buybuy baby after his letter to the board and various signalling with his tweets would be seen as being incredibly cringe and would shake confidence in GME (as we can see already with it trading at $20 down from $48 in august) and any of his future activist investing endeavors.

>>54700237
>t-thanks for the dipperino!
They will really be cheering come Monday. The board and management betrayed, simple as. They had multiple chances to turn things around and instead they chose to enrich themselves.

>The Company has filed motions with the Court seeking authority to market Bed Bath & Beyond and buybuy BABY as part of an auction pursuant to section 363 of the Bankruptcy Code. In the event of a successful sale, the Company will pivot away from any store closings needed to implement a transaction.

>>54700245
Any chance dogshit will acquire bbby?

>>54700260
A 9x wouldn’t even get this to $3. But that’s not happening. They’re closing stores, they already announced it. They aren’t looking to sell the company or spin off baby. They are liquidating assets. Chapter 11 is to give them enough time to do that. There is no moving forward for this company. It’s over.

Remember, I’ve been 100% right so far about bbby.

>>54700260
>Revlon
they have a different chart than bbby

>>54700263
>maybe alibaba (which RC reportedly invested in) will swoop in and bid on buybuy baby.
LMFAO

>>54700329
>he doesn't know about patty wu

>>54700340
your delusions will never not be funny. remember to buy the dip on monday.

>>54692541
>>54691711
>>54691829
>>54696837
>>54691683
>>54694393
>>54698189
MY FUCKING SIDES

C11
1
1

>>54700342
why did RC post a bunch a bunch of tweets about how much he loves china? just a bunch of nonsense?

>>54700352
whatever it means it must be bullish for BBBY. remember to get more cheapies on monday.

Hey baggies - time to test your resolve. You going to buy more? The only other option is admit to yourself you were wrong. And you can’t do that.

Goodbye

>>54700369
Don’t go! You have more shares to buy! You can still lose more money!

>>54700366
i'll probably buy all that i can afford depending on what happens. if the price tanks then i'll probably wait and try to find a good slurping point.

Does r/bbby have the suicide hotline posted yet?

>>54700345

When a corporation is on the verge of bankruptcy, its stock value reflects the risk of Chapter 11 becoming Chapter 7. For example, a company that previously traded at $50 may now trade at $2 per share due to bankruptcy speculation. After filing Chapter 11, the firm's stock price may fall to $0.10. This value is composed of the potential income that shareholders may receive after liquidation and the possibility that the firm may restructure and begin to operate successfully in the future. Private investors can buy and sell these 10-cent shares in the OTC market. The actual value does not reach zero unless the probability of restructuring is so low that a Chapter 7 filing is sure to follow or if the company does indeed end up in Chapter 7.

https://www.investopedia.com/ask/answers/10/stock-holder-lose-equity-chapter-11.asp

Why would they file this at 5:20 on a Sunday morning? Who’s even working?

HAHAHAHAHAHHAAHHAHAA
AM I STILL A SHILL BAGGIES?
ARE MY SHORTS STILL FUCKED BAGGIES?
HAHAHHAHAHAHAHAH

>>54700386

https://twitter.com/ProtocolGemini/status/1622767721749573632
wtf was this about then? if we're getting grifted by bbby, then we're getting grifted by the whole basket.

>>54700386
apes desperately googling "chapter 11" or asking chatgpt is so fucking funny.

>>54691683
Hello “pillowchad”, are you still winning son?

Come on baggies - why so quiet all of a sudden?

>>54693992
Are you gonna buy more on Monday buddy? It will DEFINITELY be 10 cents per share, maybe even less!

you realise that BABY can be spun off now?

>>54700407
something is happening 100% the FUD is just desperate shills saying it's over when the company filed for a VOLUNTARY chapter 11, they're trying to sell buybuy baby which is what we wanted all along, they're going to pivot away from store closings upon a successful sale, and they believe that this will best maximize value. this is better than continuing to dilute by selling shares on the open market at the artificially low price of 20-30 cents.

Are baggies going down with the ship, or will they fight for life boats and panic sell?

>>54695803
Devastating indeed!

>>54700436
No it can’t. Read their FAQ.
>>54700402

it finally happened

>>54700439
>voluntary chapter 11
The cope in this post is off the charts

HAHAHAHAHAHAHA

Why would I sell for a loss now when I can keep holding for a small chance of something absurd happening? At this point there isn't much of a difference between selling for a loss vs holding to zero, so obviously holding out for a miracle is the best thing right now. Is a miracle going to happen? Who knows. But really stupid shit happens all the time in this unhinged fake market, so who the fuck cares?

>>54700439
they could've sold baby a while ago though. when RC said to
and ch11 is trash for shareholders is it not?

>>54700471
I don’t think this means the share price automatically goes to $0 tomorrow right?

>>54700471
Because there’s not a small chance of something happening. There is a 0% chance of something happening. It’s sell now for some money or hold and lose all money. Those are your options.

If it goes bust then I'll lose 1k USD. It sucks, but it is what it is. I have a shit ton of money in GME though, hopefully that fucking story isn't over.

>>54700450
Who could have predicted this outcome? Oh yeah, everyone.

>>54700460
They were already preparing this cope last week if not sooner. There are a handful of legitimately bad actors here and I think they're all on the side of pumping BBBY.

>>54700292
I think that would hurt dogshits brand.

>>54700486
And those bad actors get really, really pissed at people that come in here and try to talk sense into the baggies. You see the same in the GME threads.

>>54700492
Kek.

Literal dogshit investor anon literally outperformed bbby. I love this ending.

>43pbtid
Why are you so obsessed? You got what you wanted now, so why are you so hellbent on getting people to sell? Yeah we all get it's going to zero so I'm holding to zero. Is that a problem for you or something?

>>54700471
Based, same reason I'm holding onto my dogshit. Why would I sell it for a loss when there's always a chance of a miracle pump?

>>54700476
Yeah, there is no reason to blame Cohen. Him selling was the first sign something was very wrong with that company's board and management. He even said in the interview he didn't like the direction they were going. I guess some people took that to mean they made him and Carl Icahn shadow chairmen kek. He couldn't have been more clear. Common stockholders are last in line in a bankruptcy, there won't be anything left. And what's really sad is that people aren't blaming Gove, et al like they should be. She, Kastin and the other crooks will move on and do it again to another company, while walking away from this one with millions each.

"The Company is also strategically managing inventory to preserve value. In the event of a successful sale, the Company will pivot away from any store closings needed to implement a transaction"
if it was truly over, these "people" here wouldn't beg you to sell

the big pump last week
WHAT WERE ALL THAT ABOUT?

>>54700504
My hedge fund overload has programmed me to do two things. Post about selling and fuck baggies. And I’m all out of posts about selling.

Kek baggies

>>54700519
>still trying to con people into buying/holding
lol, lmao

>>54697568
Common shareholders are last to be compensated in the event of bankruptcy.

If the company goes under, debt holders will be paid off first. Common shareholders will get nothing.

>>54700519
most of you are down like 95-98% i'm guessing, and since you were poorfags to start with i'm guessing your remaining shares are worth somewhere between a meal at taco bell and olive garden. so yeah, there's not really any point in selling for you.

>>54700537
the potential for his meme-legacy is too big - ever since that retarded jew elon musk started being a "memer" a ton of billionaires started following suite. Mark my words - Icahn will make this rocket.

Is some pathetic baggie going to make a new thread for us? And maybe put in some kind of “actually this is bullish” OP, perhaps.

>>54700519
>if it was truly over, these "people" here wouldn't beg you to sell
This. I get this all the time with my investment in dogshit. Why else would people tell me I'm wrong if I wasn't actually onto something?

>>54700471
>But really stupid shit happens all the time in this unhinged fake market
Your take away should be that there really is no grand conspiracy, and it was all horseshit copium from day 1. This conspiratorial thinking is what made you lose a fuck-ton in the first place

Trade easy anon

>>54700549
i got 10 bucks in that i got from filling in a survey. i'm letting it ride into the dust

>>54700519
They COME BACK FOR MORE

>>54700542
the company can bounce back from chapter 11 bankruptcy protection. it's not over until it files for chapter 7 bankruptcy.

>>54700586
This company cannot.

>>54700574
based. Not as based as nova anon, whos is getting hexed and basicly his life is ruined at this point, but still. Based.

>>54700590
>48 posts by this ID

>>54700586
yeah what if this is like hertz and their inventory of towels suddenly doubles in value. holy shit dude

A delectable mix of salt and cringe.

>>54700586
>>54700590
the company can survive of course, and it can sell off assets to vultures for pennies on the dollar to pay their creditors. but what the apes just can't get through their skulls is that this still leaves equity holders with nothing. the company can survive, but equity gets wiped out.

>>54700596
there are several entities interested in acquiring the company as a whole or buybuy baby which is potentially worth billions of dollars as stated in RC's letter to the board

>>54700595
+1

>>54700568
I've never seen someone so in love with their own analogy before, cringe.

>>54700604
No there aren’t, lol

Threaded
>>54700601
>>54700601
>>54700601
>>54700601

>>54700613
My investment in dogshit has so far held its value. How's your investment doing?

>>54700604
any potential buyer wants to pay as little as possible. bbby is a distressed seller, as evidenced by the fact that they're entering chapter 11. even if you're correct, how is that bullish? you will selling off your best assets from a position of weakness, in order to pay creditors.

>>54700615
sneeeeeeeeeeeeeeed

https://www.retaildive.com/news/bed-bath-beyond-talking-with-suitors-for-buybuy-baby-wsj/622606/
https://www.nytimes.com/2023/01/13/business/bed-bath-beyond-bankruptcy-assets.html

>>54700633
retard baggies think they'll get shares in BABY when it sells

>>54700633
it's an auction and there are several potential high bidders. it could even be alibaba as RC has reportedly bought a stake in alibaba and there's the patty wu connection with the chinese market and alibaba.

>>54700659
gotta admit i enjoy how you morons just instantly pivot to the next delusion when reality proves your "DD" wrong.

>>54700593
Anon that anon has 99% roped by now anyway

>>54700672
even you can understand that billionaires like RC don't do these kinds of business deals on a whim and simply give up on them after a few months. you're just a gaslighting shill. sneed.

>>54700683
what kind of deal? cohen sold all his shares in bbby and publically said as much. of course back then you were furiously denying that he sold and claimed it was FUD. Lol.

>>54700710
ok so in your interpretation at face value he's a retard who's posting incoherent nonsense on twitter and he can't be trusted to run GME successfully either

>>54700732
he's a billionaire who's looking out for his own good, like all billionaires. i assume he thought there was potential in BBBY and then changed his mind when he got a closer look. and he still made a decent chunk of change because of you morons providing exit liquidity.

welp

>>54700630
You can grow that investment if you look into composting.

>>54702336
Nice try shill. I'm not gonna dilute my investment like some bbbyaggie.

>>54702506
Kek