Well theres 80 million shares that exist so that would put the value of BBBY at 6.4 billion if it ever hit. Kohls trades for over 5 billion, wayfair is 6 billion. Every other competitor is worth 10’s of billions. The company currently being worth 550 million is an absolute joke Cohen intends to take advantage of. How many people stepped up to buy GME at 6 or 7 bucks? Even a buy at 30 looks amazing compared to its current price. Did you have to have sleepless nights from volatility? Yes. Was it worth it? Absolutely. This is a ground floor opportunity
Their earnings are on the 29th. They sent out voting materials and per agreement RC gets 3 seats at their board. If anyone holds this stonk, maybe not a bad idea to vote them in?
BBBY in the six dollar range does look tasty AF. And I can sell those off instead of my locked up DRS GME shares that I plan to have my family and I became generational hodlers, F it.... I'm in.
This is kinda the most reasonable take imo. He can indirectly profit as BBBY has literally zero to do with GME at least for now and as far as any regulatory agency is concerned. And there's absolutely deniability at every turn seeing as he wants to eventually include BBBY in the GME turnaround
Does he seem like the type that would sell his options shortly after ? I find it hard to believe he bought the calls to sell immediately, especially after writing a letter to the board, acquiring 9.8 percent of company , and saying shares were undervalued at 30 per share.
Hes betting moass will happen before 2023. The only way for BBBY to reach those levels are with a squeeze and he knows that. The stock cannot organically grow to 80 dollars a share in less then a year without some sort of major catalyst that causes all the stocks in the same basket to squeeze. Moass will be sometime this year hopefully alot sooner than later.
I disagree. I think he’s going to pull BBBY into the Web 3.0 space. He’s building a meta verse after all, and this is untapped competition for Amazon. He’s a builder, not a hustler. Squeeze or no squeeze, he a value man who likes to delight his customers, through and through.
That’s not necessarily it. Short Hedgefunds do this too but having the ‘ability’ to buy the shares without actually owning them straight up as a way to cover FTDs. It allows you to hold a much larger potential amount of shares ‘on paper’ at a cheaper rate than shares or ITM calls
BBBY and GME would make for great footholes in order to control Amazon's Cellar Boxing strategy I think. It would make for a good start to an Amazon-like competitor in expanding markets without an all encompassing umbrella company and it keeps Amazon at bay in a sense from absorbing more retail stores
RC prolly got some gag order or limit on how much GME options he can buy so the economy doesnt eat as much shit. So he went with BBY to make his money and prolly has a buisness idea to bring it back to completly take out Amzn. IMO
If you look at it from the lense of putting up the capital to exercise those calls - he will need to put a huge amount of his wealth up to exercise those calls at that strike. Knowing Cohen and seeing all his moves and buys, probably safe to say he plans to exercise in a squeeze scenario
Plot twist, he’s going to take over bath stock and roll it into the marketplace. Now they can offer more product without having to break into new markets
Ok random thought, in the army there’s a tactic called anvil and hammer. Basically it takes two primary forces, the first is the anvil, used to pin down the enemy, the second the hammer is used to break the enemy, close with and destroy them. Gme is the anvil, it’s the stationary primary force pinning the hedgies down, the bbby is the hammer, it’s going to smash the hedge funds defenses. Going to post this solo to see if it holds water.
I forgot the term for that tactic, and I think it's an appropriate interpretation. My guess is that he was looking at a lot of other stocks in the basket and picked one that could turnaround and fuk hedgies even harder than GME alone.
Bed Bath and Beyond stock should be in the $90 range based only on assets and inventory. It is currently heavily shorted and BCG is involved in trying to destroy it. RC has a plan but it’s unclear what that is. Personally I am buying bbby because I know RC has the Midas touch.
Could you elaborate on the 90USD part? I am so glad that this conversation is going on because I bought some yesterday only because I remember someone here mentioned RC bought it earlier this year.
If I was cohen I would make a blockchain stock exchange. No smoke and mirrors, no intermediaries, straight up price action. We know tickets can be moved off exchanges if it can be proven there’s manipulation. How hard is that??? The DTCC paper that came out yesterday proves that. What company wouldn’t want to be safe from illegal market activity?
Don't be surprised if RC isn't around GameStop for too long post-transition. Given his career history, I'd say it's more likely he is setting up Bed Bath and Beyond as his next business transformation project, rather than something to be folded into GameStop.
Would be careful with assumptions with respect to a BBBY short squeeze and it's magnitude. The main catalysts here is the divestiture of baby division. There is heavy institutional ownership on BBBY (90%) and these firms will dump shares given a large price run up (look at institutional sales in GME in Jan2021), which will limit the maximum price if it squeezed - Cohen's $60c and $80c options could move ITM, but this could simply be a hedge if he wanted to add more shares (note option IV on BBBY is crazier then for GME).
BBBY will squeeze with GME and I bet they are going to announce they are selling Buy Buy Baby and will use it to eliminate all debt and have cash on hand while transitioning to an e-commerce business. RCV finds untapped potential
bbby was trading in the $20s at the time and he bought $60 calls.. 3x price. ngl i took it as a hint and loaded up on Jan 23 $300 calls wen we were trading under $100 few weeks ago ..now we wait
I think a big part of his gameplan to fuck with Wall Street is to weaponize the power of signaling. The hedge fucks have been getting away with open signaling and coordination forever, and he's telling us with all his balls that he thinks the squeeze will be before they expire.
I have no evidence to back this up but I have wondered if it has to do with distribution. If you remember GameStop bought some seriously large warehouses a while back. And something tells me that they're not only intended to be filled with stuff only for GameStop stores. If someone wanted an "American" alternative to Amazon, BBBY would be a good way to start.
Maybe the same reason that DFV bought all of his shares and options of GME before things went crazy last January. BBBY is maybe in the same situation; heavily shorted with a future plan to up their business model. Now we're all actually paying attention this time instead of bashing the idea.
His main position is in shares? Since this time it seems the stock has been massively shorted....was this just a sort of....text or experiment to see where the sharks are located? How deeply against him the entire market is? Cannon fodder?
I don’t think this is for MOASS profit. I think he wants the option to buy a big chunk of the float so he can leverage that for a take over/buy out. Why does he wanna take over BBBY? I have no clue.
If this isn't a sign that he plans to drop dividends to start MOASS before Jan 2023 then I don't understand life... now where did I put my crayons...nomnomnom
Seems like free money at these price? Or is it just me? Im like 90% in gme But have some money left to buy, think BBBY could be a golden ticket here also.
I'm a BoBBY boy in a BoBBY world price is drastic in a basket you can buy a bed maybe even a bath imagination not in this inflation come on BoBBY let's go party
I hope he didn’t, but he could’ve sold his contracts by now. He bought in around $12 iirc and it went to $20+ quickly after revealing his stake. He would’ve profited
I bought Nokia calls for Jan 2023. Super cheap. I'm assuming all the "memes" stocks will rise with MOASS and RC's calls was my green light to buy them. Otherwise 100% gme
Maybe he bought deep OTM calls in BBBY because they're cheap and so he could write calls against those. I like the squeeze theory personally and I too have bought a few calls in Bathstock but there's any number of things he could be doing with them.
Bought Bath stock at 16 when it came back down from the run after RC announced his stake. Bought all the way down to 5.98. now have XXX shares with cost average down to 9.70. should be down to 9 with my next scoop. Ive started averaging up again with my GME shares too. Can't help collect em. Will be much easier sell my bath stock then my GME tho. Most of those bad boys will stay in the pool forever 🚀🚀🚀
This also completely relies on something happening, otherwise they expire worthless. With all the new stuff that has just come to light about waving margin requirements and brokers not being connected to exchanges, can we be sure that ANYTHING will cause MOASS in time/ever?
I don’t like how you were downvoted, so I’ll give you my upvote. Nobody should be shamed for having questions surrounding the MOASS. We are all just here to learn
GameStop gna provide games, accessories, electronics, toys. Official partnership with bbby. Bed bath gna provide the beyond. And have gmemerica stuff. They got the warehouse space and the store fronts.
Is there really any point in buying bath shares? If the stock price does go to $80, that’s an increase of 11x. GME however is expected to go up…at least 7000x. I understand RC bought options and this will allow him to profit off of MOASS without having to sell his GME, but does it make sense for retail to buy in as well?
I've been wondering if the B.ad B.oy B.usiness Y.eet has something to do with the real estate the badbitchbaby stores sit on. I'm thinking these stores may end of being our Gmerica stores
Friendly reminder on rule 4: improper content "$GME only. All topics must be related to $GME stock or GameStop the company."
Well theres 80 million shares that exist so that would put the value of BBBY at 6.4 billion if it ever hit. Kohls trades for over 5 billion, wayfair is 6 billion. Every other competitor is worth 10’s of billions. The company currently being worth 550 million is an absolute joke Cohen intends to take advantage of. How many people stepped up to buy GME at 6 or 7 bucks? Even a buy at 30 looks amazing compared to its current price. Did you have to have sleepless nights from volatility? Yes. Was it worth it? Absolutely. This is a ground floor opportunity
Their earnings are on the 29th. They sent out voting materials and per agreement RC gets 3 seats at their board. If anyone holds this stonk, maybe not a bad idea to vote them in?
Great time to get in on BBBY
This
Guy wants to profit off MOASS without selling a GME share
If this is the answer, and it certainly isn’t a theory without merit, then I’m about to have a very good honeymoon.
That's my take as well.
[удалено]
the simplest explanation may be the best.
I dig it
BBBY in the six dollar range does look tasty AF. And I can sell those off instead of my locked up DRS GME shares that I plan to have my family and I became generational hodlers, F it.... I'm in.
Feel like some of that should be edited and bold. Such as the WITHOUT!!!
This 🍀🏴☠️
This is kinda the most reasonable take imo. He can indirectly profit as BBBY has literally zero to do with GME at least for now and as far as any regulatory agency is concerned. And there's absolutely deniability at every turn seeing as he wants to eventually include BBBY in the GME turnaround
Also avoids insider trading charges.
nobody bats anywhere near 1.000 on their investments…for however good RC is, he’s not infallible so this might be a huge loser.
My updoot took it from 1.2k --> 1.3k.
I had scrolled down about 15 comments before this sunk in
Just wondering, would he also have to report selling/rolling them in a 13D?
those 15k contracts gives him the right to buy, so if he buys 5% worth of the company with that right then yes
Does he seem like the type that would sell his options shortly after ? I find it hard to believe he bought the calls to sell immediately, especially after writing a letter to the board, acquiring 9.8 percent of company , and saying shares were undervalued at 30 per share.
Great question, I have no idea but this is the kind of thinking we need
Also would like to know. The share price jumped significantly after the news came out. Be a lot cooler if he rolled those profits into GME.
Hes betting moass will happen before 2023. The only way for BBBY to reach those levels are with a squeeze and he knows that. The stock cannot organically grow to 80 dollars a share in less then a year without some sort of major catalyst that causes all the stocks in the same basket to squeeze. Moass will be sometime this year hopefully alot sooner than later.
Catalyst is selling off BuyBuyBaby which is worth $1B according to his letter to the board.
This was my thought. Telegraphed to us that we will squeeze before the expiry on the options.
MOASS is inevitable.
I disagree. I think he’s going to pull BBBY into the Web 3.0 space. He’s building a meta verse after all, and this is untapped competition for Amazon. He’s a builder, not a hustler. Squeeze or no squeeze, he a value man who likes to delight his customers, through and through.
Similar to the $4 options early gme apes got?
Well, we've got the NFT marketplace by the end of July
Or he sold them shortly after buying and made a huge profit.
That’s not necessarily it. Short Hedgefunds do this too but having the ‘ability’ to buy the shares without actually owning them straight up as a way to cover FTDs. It allows you to hold a much larger potential amount of shares ‘on paper’ at a cheaper rate than shares or ITM calls
I just checked the BBBY ticker and it says 79.89 outstanding, but only 67M in the public float. Is this a glitch? Or is he pointing us to something?
BBBY and GME would make for great footholes in order to control Amazon's Cellar Boxing strategy I think. It would make for a good start to an Amazon-like competitor in expanding markets without an all encompassing umbrella company and it keeps Amazon at bay in a sense from absorbing more retail stores
Here is a thought, let’s call it GMErica
I don't know hit net worth but that is about 500k just for the 60 strike. Is this like me putting 20% of my worth on a bet or is it closer to like 1%?
Definitely closer to 1%. Not sure his net worth either but I know he’s a billionaire so even if it’s only 1 billion, 500k is only 0.05%.
Counting Pennie’s for food now
Read the other comments.
You need to move the decimal place twice after dividing the 500k by 2.1B to get percentage
How do you know how much he spent on the options? The options price would have been different months ago.
This is nothing for him.
This could be his way of saying the squeeze will happen by strike date, without explicitly telling u.
And also profiting without selling gme shares….. sec paperwork and all.
RC prolly got some gag order or limit on how much GME options he can buy so the economy doesnt eat as much shit. So he went with BBY to make his money and prolly has a buisness idea to bring it back to completly take out Amzn. IMO
It was in GME filing. From what I remember, GME insiders are only allowed to hold shares. No hedging, no options etc
What about this
Insiders can't do options as far as I know but I am almost always wrong.
If you look at it from the lense of putting up the capital to exercise those calls - he will need to put a huge amount of his wealth up to exercise those calls at that strike. Knowing Cohen and seeing all his moves and buys, probably safe to say he plans to exercise in a squeeze scenario
Can bring it in to the gmerica circle of friendship abd create a partnership on one site that sells household items, baby stuff, video games and more!
Plot twist, he’s going to take over bath stock and roll it into the marketplace. Now they can offer more product without having to break into new markets
Ok random thought, in the army there’s a tactic called anvil and hammer. Basically it takes two primary forces, the first is the anvil, used to pin down the enemy, the second the hammer is used to break the enemy, close with and destroy them. Gme is the anvil, it’s the stationary primary force pinning the hedgies down, the bbby is the hammer, it’s going to smash the hedge funds defenses. Going to post this solo to see if it holds water.
or GME could be both anvil and hammer.
I think it's more accurate to say retail investors are the anvil and RC is the hammer.
That’s a thoughtful outlook - I’ll keep an eye out for your stand alone post.
I forgot the term for that tactic, and I think it's an appropriate interpretation. My guess is that he was looking at a lot of other stocks in the basket and picked one that could turnaround and fuk hedgies even harder than GME alone.
I’m surprised no one has mentioned the most likely reason for RC’s purchase of way OTM far-dated options:
It is telling, he bought in and bought options. Whether it’s for his own interests or ours it’s bullish.
Bed Bath and Beyond stock should be in the $90 range based only on assets and inventory. It is currently heavily shorted and BCG is involved in trying to destroy it. RC has a plan but it’s unclear what that is. Personally I am buying bbby because I know RC has the Midas touch.
Could you elaborate on the 90USD part? I am so glad that this conversation is going on because I bought some yesterday only because I remember someone here mentioned RC bought it earlier this year.
If I was cohen I would make a blockchain stock exchange. No smoke and mirrors, no intermediaries, straight up price action. We know tickets can be moved off exchanges if it can be proven there’s manipulation. How hard is that??? The DTCC paper that came out yesterday proves that. What company wouldn’t want to be safe from illegal market activity?
good old tinfoil
Don't be surprised if RC isn't around GameStop for too long post-transition. Given his career history, I'd say it's more likely he is setting up Bed Bath and Beyond as his next business transformation project, rather than something to be folded into GameStop.
Well if he can't sell GME during MOASS for legal reasons, he sure as he'll can sell other stocks in the swap basket for profit
Ding ding ding
original post:
Thanks!
Would be careful with assumptions with respect to a BBBY short squeeze and it's magnitude. The main catalysts here is the divestiture of baby division. There is heavy institutional ownership on BBBY (90%) and these firms will dump shares given a large price run up (look at institutional sales in GME in Jan2021), which will limit the maximum price if it squeezed - Cohen's $60c and $80c options could move ITM, but this could simply be a hedge if he wanted to add more shares (note option IV on BBBY is crazier then for GME).
A huge tell in this play is they don't let gme insiders own options, but he purchased options against his own ethics on BBBY
Could it be part of the marketplace?
old tinfoil
Yes probably.
Maybe to show that purchasing leap options isn’t a bad idea like some people try to claim it is, but to also stay away from otm weeklies?
We don't know if he still has them. Those contracts were extremely profitable right after he bought them, he may have sold.
Did they reach the strike price?
May have, but it’s unlikely based on what we know about him.
Planning to scoop up Buy Buy Baby if no one else does?
So he can be a regular investor and push their management to change also. Fewer conflict of interests.
BBBY will squeeze with GME and I bet they are going to announce they are selling Buy Buy Baby and will use it to eliminate all debt and have cash on hand while transitioning to an e-commerce business. RCV finds untapped potential
bbby was trading in the $20s at the time and he bought $60 calls.. 3x price. ngl i took it as a hint and loaded up on Jan 23 $300 calls wen we were trading under $100 few weeks ago ..now we wait
Should have just bought shares and DRSd them
idk but when he did, i copycatted and bought a $25 strike call for 1/23
I think a big part of his gameplan to fuck with Wall Street is to weaponize the power of signaling. The hedge fucks have been getting away with open signaling and coordination forever, and he's telling us with all his balls that he thinks the squeeze will be before they expire.
Those contracts have become more of an IV play at this point considering he bought them closer to $20 than where we are now.
2023 is when I think shit actually hits the fan. I’ll be accumulating until then
October right before election. Look at the history of market crashes. They have a fetish for October.
Nah it will be this year sometime. It’s too risky for him to make that bet unless he’s confident it will rocket way before that
I hope his burner account drops in and blesses us with hints towards the real angle....
Grabbed me a few nov 18 14$ calls 🤙🤙
What do they cost nowadays?
IMPORTANT POST LINKS
He's a time traveler.
I have no evidence to back this up but I have wondered if it has to do with distribution. If you remember GameStop bought some seriously large warehouses a while back. And something tells me that they're not only intended to be filled with stuff only for GameStop stores. If someone wanted an "American" alternative to Amazon, BBBY would be a good way to start.
i wonder what Bath's distribution network looks like compared to GS's?
If a contract is in the money 80$ do you have to pay 80 a share or the price of the day you purchased contracts?
its called an option because you have the option to buy 100 shares at the strike price, aka $80 each.
The contract with a strike price of $80
All I know is I followed him in and I’ve been averaging down ever since.
Maybe the same reason that DFV bought all of his shares and options of GME before things went crazy last January. BBBY is maybe in the same situation; heavily shorted with a future plan to up their business model. Now we're all actually paying attention this time instead of bashing the idea.
🍼🍼🍼 🚀🚀🚀
mtgac
here is the link to a copy of this post:
Ive been buying some BBBY
Me too, 3 shares
But just because he bought 40-80 options dosent mean he think it will go there before 2023?
Sounds like I'm buying BBBY
Your knowledge on how options work is a bit incorrect.
Care to explain, Im genuinely curious?
Slowpoke.jpeg
His main position is in shares? Since this time it seems the stock has been massively shorted....was this just a sort of....text or experiment to see where the sharks are located? How deeply against him the entire market is? Cannon fodder?
If he’d did then I’ll do the same
Gme calls get cheaper yet?
Such a great play! Keep GME locked up, profit off MOASS from BBBY. He's a wizard Harry! 🚀🦍💎
I don’t think this is for MOASS profit. I think he wants the option to buy a big chunk of the float so he can leverage that for a take over/buy out. Why does he wanna take over BBBY? I have no clue.
I agree with a few other posts here. He’s not expecting it to go to 80. He’s leveraging.
If this isn't a sign that he plans to drop dividends to start MOASS before Jan 2023 then I don't understand life... now where did I put my crayons...nomnomnom
It's definitely worth buying a few contracts and see what happens
Seems like free money at these price? Or is it just me? Im like 90% in gme But have some money left to buy, think BBBY could be a golden ticket here also.
I think my theory still holds up:
Eh I disagree that he took a fake interest in it, agree w the rest
Because he’s a degen at heart like us!
Can we DRS that?
I'm a BoBBY boy in a BoBBY world price is drastic in a basket you can buy a bed maybe even a bath imagination not in this inflation come on BoBBY let's go party
He probably bought them for the same reason I did. Because Ryan Cohen did
Wait… no way. I also bought them because Ryan Cohen bought them
I hope he didn’t, but he could’ve sold his contracts by now. He bought in around $12 iirc and it went to $20+ quickly after revealing his stake. He would’ve profited
I bought Nokia calls for Jan 2023. Super cheap. I'm assuming all the "memes" stocks will rise with MOASS and RC's calls was my green light to buy them. Otherwise 100% gme
I can only see strike prices to $13. How can I see strikes of $80?
Usually in your settings. Try setting strike price to “all”
Check for Jan 23
Got a link so I can learn?
Maybe he bought deep OTM calls in BBBY because they're cheap and so he could write calls against those. I like the squeeze theory personally and I too have bought a few calls in Bathstock but there's any number of things he could be doing with them.
I have 34 shares of towel at 22 bucks, hodling and trying to avg down
Bought Bath stock at 16 when it came back down from the run after RC announced his stake. Bought all the way down to 5.98. now have XXX shares with cost average down to 9.70. should be down to 9 with my next scoop. Ive started averaging up again with my GME shares too. Can't help collect em. Will be much easier sell my bath stock then my GME tho. Most of those bad boys will stay in the pool forever 🚀🚀🚀
Only thing that sucks though is many of us have held gme over a year so taxes are much better while most of us have recently purchased bath stock
This also completely relies on something happening, otherwise they expire worthless. With all the new stuff that has just come to light about waving margin requirements and brokers not being connected to exchanges, can we be sure that ANYTHING will cause MOASS in time/ever?
I don’t like how you were downvoted, so I’ll give you my upvote. Nobody should be shamed for having questions surrounding the MOASS. We are all just here to learn
It may not be a MOASS, but a shoot back up to even 20 bucks is a 400% plus gain at these levels. Even if the strikes never hit 7 bucks is too cheap
He bought shares and so without a doubt I did too.
Obviously more GME shares you own remain top priority.
Damn bro, you have insider info on why RC bought options? Because if you don't, you should stfu and drs, fuck options
hes gonna roll them
I already have a few contracts of the same thing just like a good kid following papa’s footsteps.
idk i just want moass and to see wall street assholes in prison
Idk why he doing it. But I got a few calls just incase.
Gamestop could have an interest in bbby to build out their ecommerce, as i understand it, bbby has a World class delivery system..
Idk but I bought a shit ton too!
pumpin’ options after this week? have we learned nothin’? lol
I think the baby spin off is the second stock to be listed on the new Gmerica block chain stock market. I know that a stretch but my take.
deep OTM calls are naked. He’ll exercise them to force shares to be bought on the market.
Flat brained january 21 ape from sweden here, wtf has Bath stonk with GME to do?! Am i missing somthing? Greetings from Sweden.
He copied DFV playbook when he saw it is undervalued bc the shorts.
Remind me! 24 hrs
I will be messaging you in 1 day on
Question, do we know when his stake in BBY will be updated?
Can't wait to find out!
Just a thought but couldn’t he roll the options if they aren’t ITM by expiration?
Attack all meme stocks on all fronts. I am in the GME frontlines, reinforcements will come.
These strikes are down about 50% since he bought them
He is taking a swing. He has no crystal ball either frens.
Because he likes to party?
GameStop gna provide games, accessories, electronics, toys. Official partnership with bbby. Bed bath gna provide the beyond. And have gmemerica stuff. They got the warehouse space and the store fronts.
Is there really any point in buying bath shares? If the stock price does go to $80, that’s an increase of 11x. GME however is expected to go up…at least 7000x. I understand RC bought options and this will allow him to profit off of MOASS without having to sell his GME, but does it make sense for retail to buy in as well?
Or maybe he’s a degenerate like the old sub . 😯
I've been wondering if the B.ad B.oy B.usiness Y.eet has something to do with the real estate the badbitchbaby stores sit on. I'm thinking these stores may end of being our Gmerica stores
Interesting
I bought 200x80$ and 50x30$ for the same date. My dick twitches a bit when I look at RC. And went it twitches, something goes right.
IMO - BBBY’s BuyBuy Baby would be a great fit with GameStop Kids.
Why was this removed?
Because he thinks he’ll make money off them.
i think RC gave us a blueprint where to make money without selling GME. hea always saying he wants to bring value to shareholders no?
You can say swap corn pop Korn 🌽 corn but you can't say bath stock?!..... 😂
Everyone will be taking BBBY and buying GME so this is relatable. I know I am
As a tax write off.....
I dunno but take this to Bed baths subreddit and you can ask the question there
Since it's nothing more then pocket change for him,,, it's most likely a distraction. It's certainly not a serious move by any measure
Distraction for who? What is his end goal?
I'm pretty sure we have covered why this is done.
The papa moniker is so cringe.
😘