The comment section is phenomenal. A lot of them think the stock is going to squeeze today because there’s a screenshot from a Discord saying BBBY made a payment on their bond coupons
I will admit I’m a little surprised they are making these payments. That shows the 2044 debt, so I assume they are paying the coupon on the 2024 and 2034 debt too. Let me check the prices.
To me this likely means that they don't have a plan for Chapter 11 yet and are trying to buy time probably at the advice of their attorneys. They must be effectively out of cash by now.
They are so delusional that a company with less than a quarters worth of cash with no turnaround plan (ignoring that it's much too late for that anyway) is not going bankrupt despite the company saying themselves that this is an option and hiring bankruptcy attorneys. They are so oblivious to the fact that they are about to be wiped out. It's amazing to watch.
Why would they want BBBY to be purchased??!! Once the company gets acquired, the BBBY ticker stops existing, and the shareholders’ shares will convert to the acquiring company’s shares. If it’s a private company, they will actually lose all their shares and get cash value instead. Either way, most of them will be at a huge loss, and there is zero chance of MOASS. An M&A scenario would be bad for most BBBY holders.
Because Carl Icahn is going to buy a company with negative book value that’s trading at $3 for $80 a share because that’s the highest strike RC bought and they are friends
No, you see, BBBY has to say this for legal reasons. They can't say it directly because it will trigger anti-manipulation laws, so the lawyers have to carefully manipulate their message into secret messages so they don't get accused of manipulation. By saying they may go bankrupt, it will force the evil hedgies to close their short positions and thus cause moass.
"The board got infiltrated by shills to short this. It was all crime and fuckery against us! Let's all move on to (insert garbage company) to trigger the real MOASS!"
“Artificial volume” please provide one shred of proof apes without degrading into some fake dark pool shit. Can’t wait til these holier than thou morons lose all their money to Kenny and maybe he’ll take us to Europe or something
I just got an email from Kenny that he’s working on resurfacing the lost city of Atlantis and naming it Shill Island for our permanent vacation spot after we short ladder the first meme stonk into bankruptcy
Sadly the original post deleted shortly after I pointed out that this has no bearing on the overall situation. The responses I got (much like cryptobros) follows the attitude of "if you don't agree then it's because you don't understand".
FYI - I got a TON of inbox chats from apes screaming victory over this screenshot. Stay tuned for some sweet posts lol. They were REALLY mad about my last post here.
I got you. Come here
As a mental health professional, the crazy is strong with these people.
The comment section is phenomenal. A lot of them think the stock is going to squeeze today because there’s a screenshot from a Discord saying BBBY made a payment on their bond coupons
> Paying of debt early
I tried to explain this to a bunch of apes flooding my chat.. They.. don't get it.
I will admit I’m a little surprised they are making these payments. That shows the 2044 debt, so I assume they are paying the coupon on the 2024 and 2034 debt too. Let me check the prices.
To me this likely means that they don't have a plan for Chapter 11 yet and are trying to buy time probably at the advice of their attorneys. They must be effectively out of cash by now.
everything and anything means bankruptcy is off the table, to them
Yep. I bet if BBBY came out and announced bankruptcy, we'd see several posts about how the announcement means bankruptcy is off the table.
They are so delusional that a company with less than a quarters worth of cash with no turnaround plan (ignoring that it's much too late for that anyway) is not going bankrupt despite the company saying themselves that this is an option and hiring bankruptcy attorneys. They are so oblivious to the fact that they are about to be wiped out. It's amazing to watch.
BBBY: We’re bankrupt.
Social media tweet, bankruptcy off the table
Why would they want BBBY to be purchased??!! Once the company gets acquired, the BBBY ticker stops existing, and the shareholders’ shares will convert to the acquiring company’s shares. If it’s a private company, they will actually lose all their shares and get cash value instead. Either way, most of them will be at a huge loss, and there is zero chance of MOASS. An M&A scenario would be bad for most BBBY holders.
They don’t understand anything
Because Carl Icahn is going to buy a company with negative book value that’s trading at $3 for $80 a share because that’s the highest strike RC bought and they are friends
Because they’re fucking retarded. They also think it’s a good thing that a public company hasn’t filed it’s financials yet
They actually believe that the company will be acquired for well over their cost basis. Like for $100/share or some absolute nonsense #.
No, you see, BBBY has to say this for legal reasons. They can't say it directly because it will trigger anti-manipulation laws, so the lawyers have to carefully manipulate their message into secret messages so they don't get accused of manipulation. By saying they may go bankrupt, it will force the evil hedgies to close their short positions and thus cause moass.
"The board got infiltrated by shills to short this. It was all crime and fuckery against us! Let's all move on to (insert garbage company) to trigger the real MOASS!"
“Artificial volume” please provide one shred of proof apes without degrading into some fake dark pool shit. Can’t wait til these holier than thou morons lose all their money to Kenny and maybe he’ll take us to Europe or something
I just got an email from Kenny that he’s working on resurfacing the lost city of Atlantis and naming it Shill Island for our permanent vacation spot after we short ladder the first meme stonk into bankruptcy
The thing is, it doesn't have to be so sensationalized and that is what's setting them up to be wiped out.
Bankruptcy is off the table. It is now in the lawyers’s hands on the way to be filled.
Bankruptcy is off the table and fell to the floor.
Haha they're buying more. Buy more towel apes! Lock the float, fly a boat, whatever. Just keep buying.
"BANKRUPTCY IS OFF THE TABLE!!!"
This reminds me of when BBBY apes were certain that Cohen didn't sell despite him filing with the SEC his intent to sell.
This is a bona fide squeeze situation, stacked on top of a
Wow a bad photo of a screen, moon today!!
I can’t find any news confirming the payment. Wouldn’t one of the financial rags cover it?
Sadly the original post deleted shortly after I pointed out that this has no bearing on the overall situation. The responses I got (much like cryptobros) follows the attitude of "if you don't agree then it's because you don't understand".
Peak groupthink
FYI - I got a TON of inbox chats from apes screaming victory over this screenshot. Stay tuned for some sweet posts lol. They were REALLY mad about my last post here.
I got one. Dude has 27k shares (they claim) and was crowing about the bond payment. Hopefully they get out with…something. But I doubt it.
They are paying it with cake domes, something they've got lots of.
Learn that from your IT experience buttercup?
The fact that they don't know how to screenshot should tell you all you need to know.
Shhhhh let them believe and pump it. The premiums on my CSPs the last couple weeks have been fat.
The only thing that could put me "in shambles" is MOASS. Until that happens apes are nothing more than a clown car.
Gonna need a bigger bucket for their tears when this goes south.
Like now when bbby just halted
I'm so excited.
I want to see some comments overlayed against the 7 stages of grief chart.
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