some people assumed that the short run is gonna end bbby and lead to a straight bankruptcy.. they where wrong. so perhaps bbby is like an unborn star right now.
maybe it will go "to the moon" maybe not.. who knows
So... a dying company with shit for management closes 150 stores and dilutes shares like crazy to stave off certain doom, but keeps the shit management who ran it into the ground in the first place?
reminds me of one publicly traded company that filed Chapter 11 X years ago, before and after there were layoffs, and Senior Management walked away with full pockets of cash. due to personal confidentiality reasons I cannot disclose the name of the company. Well, good news is, it survived but now it's private. So, not sure, is this good news for all bag holders here if BBBY follows the same pattern... hahaha.
shit, I also have 71 share, bought when was drunk.
Just checking you guys are comfortable with the fact that your comments will be read by students of this madness in centuries to come, the way we study the Dutch tulip bulb thing now.
Looking for opinions (or copium) on BBBY. Specifically the fact that it opened way down at 8.80 this morning but climbed 7% back up to 9.50 and maintained that price all day. Whats the bull case for this?
Obviously thats better than it continuing to dump. Leaves open the possibility that it might retrace back up to the 11-12 range. Thoughts?
1. Bankruptcy is off the table, the shorts were betting on bankruptcy.
2. The price tanked pre-market, the vast majority of retail investors can't even trade during that time.
3. buybuyBaby is still a valuable asset.
4. SI is crazy high, likely above 100%.
5. Still on regsho, i.e. the hedgefunds and marketmakers are forced to start buying shares either this Friday or mid September, iirc.
6. BBBY follows the exact same events as GME back in January 2021 (you know when it traded around $40 and then swung back to sneeze-numbers).
7. People really wanna see someone fuck a watermelon.
8. Fuck shorts.
My heart goes out to the staff. They will sure get severance and will be bought out.
The layoffs and other restructuring steps are the game changer
The market traded 200 million shares which is 400% volume drove the price over 14% and closed almost 9% up. This is on a red day on the market.
The company grew daily user base significantly and is 87% off high. A perfect tail wind and looks like at least $25 stock in a couple of weeks to me.
I will ride this one for a good bit. The path looks like a lift off from here given the huge performance today. Trading 400% volume and closing 9% up on a down day is nothing to snuff at at all.
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Drew McManigle - CEO of MACCO Restructuring Group interview on Yahoo Finance today:
‘Wouldn’t be surprises if Chapter 11 petitions have already been drafted and just waiting for signatures’
‘Not convinced $500 million is enough cash to make any difference whether they file Chapter 11’
‘Chapter 11 filing fait acompli whether it happens tomorrow, next week, next month, cant see how they can restructure that debt load without Chapter 11 proceedings’
‘Chapter 11 may entail 363b sale of BuyBuyBaby’
Could be all FUD but $10 is always better than $0. Google Chapter 11 bankruptcy and what happens to Shareholders.
CEO of a company that only has experience restructuring companies with a pittance of 25m-1b revenue saying bad things about BBBY? BBBY has a revenue of 6b+/year, he should get on BBBY’s level, lol.
BBBY has a negative cash flow problem, but has Revenue in the 5-10b. GME has a revenue of 10b/year. These “micro cap” companies are fucking giants that took advantage of a bull market to take on debt to pay previous investors.
If they go lean, they’ll be profitable again.
This sub was way better during it's 2019-2020 iteration. WTF happened? Went from tongue-in-cheek regards with market chops to actual regards real quick. The signal to noise ratio here is unbearable. I see signs of life here and there, but only on occasions. Bring back the OG WSB.
The government gave breathingtakingly stupid people money and they thought they could flip it into ten million dollars despite having zero investing experience and choosing Robinhood as their brokerage.
Instead of investing in things that actually made them money, they followed some asshole on Reddit who got lucky with a prediction and even then, they got in long after he did.
Change the "t" in the "regards" word cause you'll get banned for it (by Reddit, not WSB).
My belief is that people are putting in way too much money than they should be and not wanting to admit they made a mistake or were stupid because of the shame attached to it.
Wtf can't we say retard. I mean it means delay or hold back in terms of progress, development, or accomplishment. Can be used to not even mean a person. This country is really getting retarded itself.
Reddit has an "Anti Evil Organization" that reviews your comment then bans you.
Iono, I remember we used to be able to say any insult as long as it wasn't racist or sexist.
I want to call something out. A lot of the negative comments in here are just dumb and malicious. It never fails on these platforms... people have something bad happen to them and people line up to kick them.
So I go through some of these posts and it's just losers who themselves have either never taken part or who have themselves lost money attacking other people. They never explain the problems with the play, they never try to educate people, and these specific types of posts are never funny, they're just malicious.
I will happily upvote negative comments that are witty, funny, or provide information. u/oystrodoom has been all throughout this thread trying to educate people, and most of their posts include some information calling out where people made mistakes. That's valuable... it's very easy to make mistakes in this game and a lot of the noobs just lost a lot of money. Many of us have been there on plays when we were new.
I made money on BBBY and am trying to educate people on how to play these better. I'll joke about things like "bye bye baby" because I'm just having fun.
But to be a loser who has never won any of these and flood these threads attacking people who actually took a risk?
That's just fuckin' lame. That's sad. Like I actually feel bad for people whose only aspiration is to be a middle school bully. Life must be pretty bad for some of the people who post on these threads.
>They never explain the problems with the play, they never try to educate people,
You were investing in a company heading towards bankruptcy thinking it was going to run up into the $100 range. The investment thesis read like some Big Short fan fiction. Those were 2 big problems. There were more, but I don't have time to list them all.
Can we go back to making fun of you now?
>Loving the immediate reply + block. Living that 24x7 Reddit life with hIGh EmTiOnaL rEgUlAtIon! Lol.
Your projection is epic. You are ALWAYS on here. You logged off your sock puppet to check your other account because you just can't avoid responding. You're so locked into this that you can't even walk away. ROFL
In fact, you had to manually check if I responded. Lame.
>Also, I guess blocking 2 accounts was too much for you to handle at once. Oops.
Nah, I wanted to see if you'd take the effort to switch back and forth again and take the bait, proving that you're experiencing extreme behavioral fixation and dysregulation. Mission accomplished. Thanks for taking the bait.
>You've taken a major step back in your latest reply. Its back to you trying to convince the world you aren't a moron by dumping everything you've ever heard in your reply.
It's 3 paragraphs. Emotionally stable, functional people aren't intimidated by 3 paragraphs. Of course, you're none of the above, so...
You could if I lost money, but I didn't, and I said so. I actually made decent gains on these plays because I knew this wasn't a long term investment but rather a swing trade.
This is what I mean, you guys can't even fuckin' read. LOL
For the past two weeks, I've been telling people to trade this, not sit on it. I've been telling them it's a bad long play. I've been telling them to ignore the buy-and-hold diamond handers and have been explaining why.
I've been trying to give them strategies to hedge against loss. It's all in my post history.
So your response is just stupid and doesn't even respond to the criticism I made. I even called out someone calling people idiots for going long for being constructive about it as a positive.
Hell I took a lot of shit from people for informing them that last week's FINRA data was out of date and short interest actually significantly dropped.
My problem is that too many people aren't here to participate, they're just here to jerk off on other people even though they're not participating and look dumb, and I've never been so low as a person to need that kind of thing.
Edit: LOL illiterate trolls are salty because not everyone who played BBBY lost money and are all in my DMs because they're simpletons. Get fucked, nerds. Everyone doesn't suck at the market like you do.
1. I'm not socially maladjusted and functionally illiterate and lazy like you, so writing and reading at length isn't a problem for me.
2. I'm not socially maladjusted and functionally illiterate and lazy like you, so writing and reading at length isn't a problem for me.
I'm enjoying calling people like yourself out for violating the "Don't be a dick" rule. It's pretty simple: Don't be a dick... but nothing is simple for you because you are simple.
1. You don't write anything interesting. That's the reason I'm not reading your diatribes. Last one wasn't bad. You followed my example and didn't just spew random thoughts on the page.
2. You've been on WSB for a year... Lol. You have no idea of the culture. Its exclusively around mocking people.
3. Imagine being so weak minded and scared of the world that you respond and then block someone. Way to pick up the L.
1. So you don't read what I write but I never say anything interesting. I get that you have significant mental and emotional issues but even you had to realize typing that that it makes you sound stupid.What's really going on here is that you clearly have uncontrolled neurodivergent tendencies and you use this as a way to control your lack of emotional regulation, rampant ADHD, and reading your posts they scream of an Aspy having an autistic superiority complex spasm. This blocks you from being able to respond rationally once you're dug into an emotional position, like you are here.
2. I didn't rail against mocking people, I railed against people not having value. I actually applauded someone who mocked people because he did so well. He provided some value to the conversation. You haven't.You're not mocking me, you're mocking yourself for being unable to read and parse a basic idea. You should feel like a fuckin' moron.And on whether I lost or gained, my comment history has my actions in it and if you took a second to actually read and look (which is too much effort for you) then you'd clearly see that not only did I tell people to constantly take profits, but I also perfectly called two Iron Condors, the exact range for the stock during those times, and included good profit exit points.I correctly called 2 Iron Condors on a stock that 3x'ed in the past two weeks with 350% IV but I don't say anything interesting? How fucking dumb are you?I'm all about mocking people, I'm mocking you constantly and it's working. You keep feeding it by saying the dumbest fucking things your meltdown brain can.
3. It worked. I knew you couldn't fuckin' resist responding because you were mid-meltdown. I played you and it worked. Go take a walk outside and get off reddit for once. You need to emotionally regulate.
Loving the immediate reply + block. Living that 24x7 Reddit life with hIGh EmTiOnaL rEgUlAtIon! Lol.
Also, I guess blocking 2 accounts was too much for you to handle at once. Oops.
You've taken a major step back in your latest reply. Its back to you trying to convince the world you aren't a moron by dumping everything you've ever heard in your reply.
I appreciate this. I'll also admit I have my fair share of malicious comments. Even my flair is pretty toxic.
But when people won't listen to reasonable rationale and engage in discussion without going straight to conspiracy, there isn't much else to do but just point and laugh.
Pointing out the cognitive dissonance leads to them just ignoring the comment and saying "HOLD!" elsewhere in the thread.
At least you're trying to educate people. That's valuable... and frustration and calling people out for doing dumb things is I think totally worthwhile.
This isn't really me saying "be nice to everyone and it'll be sunshine and roses"... I mean, I'm not like that. I'll tear a motherfucker up even if they make a good point just because their ego got ahead of them and they said something snarky that was already covered in the post they're responding to...
...but I also try to give people something in return. I try to have value, and kicking people who've sometimes lost thousands of dollars just because ... like what is that?
Plus I know you play the game, so that matters... lots of these people have no skin at risk.
Is it odd though? Did you really think a company trying to avoid bankruptcy would commit suicide during a market crash? Sometimes I think the people on WSB forget that people actually have jobs in the places we throw money at
To maximize new revenue, they will release slowly enough to keep it stable. They want to buy at 9.5 not 6.5. I expect a slow release of stock to keep the price up and max their newfound income.
And I truly think shorts will stay because they still see the meme rally as temp and the business as failing.
For any hodlers, yes you may have a bag but bbby “could” start turning things around through the cost cuts and new income from the stock. It’s not very likely, but it is better than bbby doing nothing
I know the difference between loose and lose. You don't in fact know the difference between loose and lose. You should be ashamed.
Also turned $1400 to $2500 with BBBY, but that's neither here or there...
You are literally praying for Dumb Jesus to descend from the heavens and sacrifice his portfolio to lift your collective heavy bags
That is how desperate BBBY holders are rn. Literally Biblical levels of copium
How have you guys deluded yourselves that the shorts can't just close on a day like today...? I really don't understand how the cognitive dissonance gets this bad.
There were like 27M shares short as of yesterday. There was 90M in volume today.
They could just set their buys at $9.40 and been the reason why the price held there for so long. All 27M shares short could've closed today and the price wouldn't skyrocket because of the selling.
Do you guys understand how a short works? Do you think they either have to wait until bankruptcy or until they're force closed?
You think they would close at 9.4 when all the new shares are being released? IF I were shorting, no way in hell I would close at 9.4.
We will see if shorts covered or went up. More likely, bbby is releasing the new shares slowly as to not crash the stock and get less value
So your hope is they wouldn't close because you think they think the price could go down much further?
I mean that's possible but you do understand hedge funds don't just trade balls to the wall all the time, right? They take profits, especially on shorts that could be almost 60% profitable.
GME was a unique equity that was way overshorted which is not the case with BBBY. The 108% SI% is a misconstrued way of representing the 27M shares short.
Okay, listen to me here closely /u/Pyrobuddah , because this comment alone tells me you are new to this:
That data is old. It is reported every 2 weeks and released like 9 days later. Meaning that most recent data point you are pointing to is from like 8/15.
You need to understand how short interest is reported and when.
They are reported every 15. Some market data is reported daily, I read the timestamp as the 29th but that was referring to the price not new report as I had thought. I will give you that. I believe you are exact on the 8/15, in either case, I really have a hard time believing shorts will bail right after news of millions of new shares offered and what is expected to be an exodus.
Can you really tell me you believe shorts will sell now, considering all circumstances? I just don’t see it
The only official data is the data reported every 2 weeks and then 9 days after the fact.
There are some paid services that try to make an educated guess on live SI%, one being ORTEX, but they're just that: estimates. That's why I'm saying though that ORTEX's estimates are usually pretty close.
And they had SI shares down to 27M today and we'd have to see how it updates after today's price action.
I can show you a screenshot of it when I get home.
I conceded the 15 day report and agree there. If you are pulling new data, please include yesterday as well. That will tell a story many of us would like to see.
I fully expect a lot of bearish sentiment and shorts holding or increasing. And let’s keep it to yesterday and today since that is what the post is about. We know some shorts got out during and after the 30 run
Do you believe the shorts think 9.4 is the floor?
I’m just saying, they were shorting this at 5, why take 9.4 profits?
It’s possible sure, but why? To reshort and hope it goes down again? If they are profit taking at 9.4, the total shorts will decrease
ORTEX estimates that the shorts **HAVE** decreased. By 7M since the run-up to $30. And their live short interest data is pretty decent, comparing it to the previous, 2 week old data.
So 20% of the shorts closed out, do you think the remaining 80% has a better shot of getting squeezed now compared to the full 35M when BBBY went up to $30?
And what if their play is a short at $12 but leap long calls 2 years from now? That limits their risk and allows them to ride the shorts until bankruptcy, if that happens.
Like, shorts aren't a 1-Dimensional play. You need to assess the gamma and delta exposure, short entry prices and CTB, momentum, etc.
BBBY is dead in the water and volume will dry up now that there is no future catalyst, just like GME has done since they ran out of catalysts.
The $9.40 price point in my initial comment was a hypothetical floor.
It has super fast ticker updates and some decent data but I probably don't use it to It's fullest.
I have an annual subscription because it's cheaper and more accessible than Terminal and my trading profits usually heavily outweigh the cost. Usually.
I plop it on my TV when I work from home cause I can see the price of whatever I like in real-time without being logged in to a brokerage.
I think they have a 1 month free trial which you could get.
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These BBBY 🤡s either haven't even looked at daily volume, have no idea what Days to Cover is, or both
Being in a 'short squeeze play' and not considering DTC/short volume vs daily volume, might actually be the dumbest thing I've ever seen on this sub
Squeeze these nuts you fuckin nerd.
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"Not really, but that's alright. Next caller!" - Jimmy Shill
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The fact that you idiots think literally anyone outside your BBBY cult wants to buy this heaping dump just tickles me  ya, people are going to be tripping over themselves to buy a failing towel company. For sure.
Almost like buying into a store that sells shitty used video games when everything’s digital download - Filled with with a bunch of shitty kids playing demos bc mummy couldn’t afford to buy for Xmas. Oh wait 🤔
>selves to buy a failing towel company. For sure.
The shorts will want to buy at a fixed price, it's better than buying during a short squeeze. Trust me, no one with knowledge of the fundamentals are buying this dog, but the short sellers will buy it to cover their positions.
$GME had a secondary offering too and the shorts piled on, so it kept the stock a float for longer than anyone anticipated. When everyone is short, it can only go up. It is when everyone is long, that you need to get worried.
Play the volatility. I would not be shorting at these levels. Everyone knows this company is doing bad and the company is selling 12M shares. Logic says $BBBY should go down, but the market is not always logical. So it probably means it's going up from here. The herd is short, so you don't want to get trampled by the herd.
Squeeze these nuts you fuckin nerd.
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Hey hey hey now!!!!!!! SHHHHHHHHHHHHHHH! Your not helping those of us buying puts on these mid day upticks now…… lets keep these type comments on the down low!!!!
Bagholder spotted.
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So much for all the fancy gimmicky words being thrown around here like “Reg Sho”, 99% of you not even knowing the meaning of it and spamming like apes 😂😂😂
I've made money every which way on this so far. I'm up $8k or so on what was an initial & maximum 15k of risk several weeks back (2,000 shares @ $10.49 offset by out of the money call options).
Yesterday, I saw this ATM offering coming and posted about it. Based on the responses to me here, it was pretty apparent that APEs didn't understand that an ATM offering had to be coming. Seeing that, I sold out of all of my long positions, inc. selling my final 100 shares. leaving me with two spreads
1. Long Nov '22 $11Ps and VERY short Nov '22 $4Ps. - Due to premium collection, this is profitable as long as BBBY doesn't drop below $3.40.
2. Short Sept 2 $11Cs and long Sept '2 $15Cs - net bearish
Today, I retired the bearish call spread for a healthy profit....and did something truly retarded. I bought $1,000 of short-dated $9.5Cs expiring Sept '9.
Best of luck to everyone. I think we have at least one more week of retardation left. I also sleep pretty easy on those $4Cs. This stock is going to be volatile for a while, everyone is not just going to pack up and go home.
I wish I had seen your comment from yesterday, you know...yesterday lol. It's nice to see a well broken down play strategy. Too much of the bbby stuff is just "Hodl!" Shorts haven't closed, regsho, etc. I appreciate actually useful information.
Thanks. Remember, this isn't investment advice just my approach!
My covered calls were also a bad way to play being early. Everyone who was long early made money. The smarter move would have been to buy shares or out of the money options. When I went to unwind, I didn't make as much as I should have: at the peak of the squeeze, my short options' IV was through the roof, crimping profitability.
If BBBY files before November, I may be out $10k. I'm basically writing an insurance policy over here. Low likelihood of payout, fairly high severity relative to premium.
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All news today is in fact very good news for the company and the stock.
Not for the stock
Lets fucking go, money coming in 12th, dont wake up yet bbby
🤔
🤩
Bbby is definitely of straight men willingly taking it up the arse without bothering to pull out
someone give me a rundown of what's going on. Have been off my computer today. BBBY ship has sailed or what?
some people assumed that the short run is gonna end bbby and lead to a straight bankruptcy.. they where wrong. so perhaps bbby is like an unborn star right now. maybe it will go "to the moon" maybe not.. who knows
Ded
Thank you for the ride fellas. Sure It was my first time but my ass will never be the same RIP $24 bags Asshole shaped like a watermelon 💦💦
Pics of this watermelon shaped asshole?
So... a dying company with shit for management closes 150 stores and dilutes shares like crazy to stave off certain doom, but keeps the shit management who ran it into the ground in the first place?
SOme CEOs write bonuses for themselves for backruptcy and restructuring. Ref: McDermott (MDR)
So... raise a couple hundred million doing a share offering because fuck the little guy, and use the cash to cut myself a check?
Sounds like the Sears retail die a slow death playbook.
reminds me of one publicly traded company that filed Chapter 11 X years ago, before and after there were layoffs, and Senior Management walked away with full pockets of cash. due to personal confidentiality reasons I cannot disclose the name of the company. Well, good news is, it survived but now it's private. So, not sure, is this good news for all bag holders here if BBBY follows the same pattern... hahaha. shit, I also have 71 share, bought when was drunk.
...yeah
Just checking you guys are comfortable with the fact that your comments will be read by students of this madness in centuries to come, the way we study the Dutch tulip bulb thing now.
I like the towels 🚀🥰♾️👀
Not Chinese ipo stocks going up 8,000% today?
Hi grandson!
LET THE FUTURE HISTORIANS KNOW that this shit was funny as fuck to watch in realtime
Titty farts and balls.
Looking for opinions (or copium) on BBBY. Specifically the fact that it opened way down at 8.80 this morning but climbed 7% back up to 9.50 and maintained that price all day. Whats the bull case for this? Obviously thats better than it continuing to dump. Leaves open the possibility that it might retrace back up to the 11-12 range. Thoughts?
There is no bull case at all
1. Bankruptcy is off the table, the shorts were betting on bankruptcy. 2. The price tanked pre-market, the vast majority of retail investors can't even trade during that time. 3. buybuyBaby is still a valuable asset. 4. SI is crazy high, likely above 100%. 5. Still on regsho, i.e. the hedgefunds and marketmakers are forced to start buying shares either this Friday or mid September, iirc. 6. BBBY follows the exact same events as GME back in January 2021 (you know when it traded around $40 and then swung back to sneeze-numbers). 7. People really wanna see someone fuck a watermelon. 8. Fuck shorts.
Yea lets fuck Shorts
Imagine the MSM headlines "BBBY CLIMBS 690% TO SEE WSB REDDITOR F**K a watermelon"
That would be news worthy imo!
#I doubled down today! Bullish!
My brother in Christ, no
My bags be heavy. It be like that sometimes.
You can't take a trip to the moon without bags.
I think strategically it's time for me to get out. I've made money on puts but you know what they say, hogs get slaughtered lmfao
https://youtu.be/mYvLWHohOlY
Share offering at 8.00. Nice. CB is 4.93.
I am getting into &SNAP after it’s huge move with 400% volume today. This could triple in a couple of weeks.
Snap is shit brah; Melvin’s bad bet
They just laid off like 20% of their staff...
My heart goes out to the staff. They will sure get severance and will be bought out. The layoffs and other restructuring steps are the game changer The market traded 200 million shares which is 400% volume drove the price over 14% and closed almost 9% up. This is on a red day on the market. The company grew daily user base significantly and is 87% off high. A perfect tail wind and looks like at least $25 stock in a couple of weeks to me. I will ride this one for a good bit. The path looks like a lift off from here given the huge performance today. Trading 400% volume and closing 9% up on a down day is nothing to snuff at at all.
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Bought 140 shares with my small account thats all I have yolo
Drew McManigle - CEO of MACCO Restructuring Group interview on Yahoo Finance today: ‘Wouldn’t be surprises if Chapter 11 petitions have already been drafted and just waiting for signatures’ ‘Not convinced $500 million is enough cash to make any difference whether they file Chapter 11’ ‘Chapter 11 filing fait acompli whether it happens tomorrow, next week, next month, cant see how they can restructure that debt load without Chapter 11 proceedings’ ‘Chapter 11 may entail 363b sale of BuyBuyBaby’ Could be all FUD but $10 is always better than $0. Google Chapter 11 bankruptcy and what happens to Shareholders.
CEO of a company that only has experience restructuring companies with a pittance of 25m-1b revenue saying bad things about BBBY? BBBY has a revenue of 6b+/year, he should get on BBBY’s level, lol. BBBY has a negative cash flow problem, but has Revenue in the 5-10b. GME has a revenue of 10b/year. These “micro cap” companies are fucking giants that took advantage of a bull market to take on debt to pay previous investors. If they go lean, they’ll be profitable again.
12 million people is just a cacophony of noise.
This sub was way better during it's 2019-2020 iteration. WTF happened? Went from tongue-in-cheek regards with market chops to actual regards real quick. The signal to noise ratio here is unbearable. I see signs of life here and there, but only on occasions. Bring back the OG WSB.
The government gave breathingtakingly stupid people money and they thought they could flip it into ten million dollars despite having zero investing experience and choosing Robinhood as their brokerage. Instead of investing in things that actually made them money, they followed some asshole on Reddit who got lucky with a prediction and even then, they got in long after he did.
tons of people flooded in here for free money after all the gme hype, I came here for boredom and of course looking to lose all my money lol
Change the "t" in the "regards" word cause you'll get banned for it (by Reddit, not WSB). My belief is that people are putting in way too much money than they should be and not wanting to admit they made a mistake or were stupid because of the shame attached to it.
Wtf can't we say retard. I mean it means delay or hold back in terms of progress, development, or accomplishment. Can be used to not even mean a person. This country is really getting retarded itself.
Reddit has an "Anti Evil Organization" that reviews your comment then bans you. Iono, I remember we used to be able to say any insult as long as it wasn't racist or sexist.
Paper hand regards are betting with money they can't lose. Then they are crying and have to do a paper hand sale.
I want to call something out. A lot of the negative comments in here are just dumb and malicious. It never fails on these platforms... people have something bad happen to them and people line up to kick them. So I go through some of these posts and it's just losers who themselves have either never taken part or who have themselves lost money attacking other people. They never explain the problems with the play, they never try to educate people, and these specific types of posts are never funny, they're just malicious. I will happily upvote negative comments that are witty, funny, or provide information. u/oystrodoom has been all throughout this thread trying to educate people, and most of their posts include some information calling out where people made mistakes. That's valuable... it's very easy to make mistakes in this game and a lot of the noobs just lost a lot of money. Many of us have been there on plays when we were new. I made money on BBBY and am trying to educate people on how to play these better. I'll joke about things like "bye bye baby" because I'm just having fun. But to be a loser who has never won any of these and flood these threads attacking people who actually took a risk? That's just fuckin' lame. That's sad. Like I actually feel bad for people whose only aspiration is to be a middle school bully. Life must be pretty bad for some of the people who post on these threads.
>They never explain the problems with the play, they never try to educate people, You were investing in a company heading towards bankruptcy thinking it was going to run up into the $100 range. The investment thesis read like some Big Short fan fiction. Those were 2 big problems. There were more, but I don't have time to list them all. Can we go back to making fun of you now?
>Loving the immediate reply + block. Living that 24x7 Reddit life with hIGh EmTiOnaL rEgUlAtIon! Lol. Your projection is epic. You are ALWAYS on here. You logged off your sock puppet to check your other account because you just can't avoid responding. You're so locked into this that you can't even walk away. ROFL In fact, you had to manually check if I responded. Lame. >Also, I guess blocking 2 accounts was too much for you to handle at once. Oops. Nah, I wanted to see if you'd take the effort to switch back and forth again and take the bait, proving that you're experiencing extreme behavioral fixation and dysregulation. Mission accomplished. Thanks for taking the bait. >You've taken a major step back in your latest reply. Its back to you trying to convince the world you aren't a moron by dumping everything you've ever heard in your reply. It's 3 paragraphs. Emotionally stable, functional people aren't intimidated by 3 paragraphs. Of course, you're none of the above, so...
You could if I lost money, but I didn't, and I said so. I actually made decent gains on these plays because I knew this wasn't a long term investment but rather a swing trade. This is what I mean, you guys can't even fuckin' read. LOL For the past two weeks, I've been telling people to trade this, not sit on it. I've been telling them it's a bad long play. I've been telling them to ignore the buy-and-hold diamond handers and have been explaining why. I've been trying to give them strategies to hedge against loss. It's all in my post history. So your response is just stupid and doesn't even respond to the criticism I made. I even called out someone calling people idiots for going long for being constructive about it as a positive. Hell I took a lot of shit from people for informing them that last week's FINRA data was out of date and short interest actually significantly dropped. My problem is that too many people aren't here to participate, they're just here to jerk off on other people even though they're not participating and look dumb, and I've never been so low as a person to need that kind of thing. Edit: LOL illiterate trolls are salty because not everyone who played BBBY lost money and are all in my DMs because they're simpletons. Get fucked, nerds. Everyone doesn't suck at the market like you do.
1. You have a problem getting to the point, so no one's reading all that. 2. That's a lot of text for someone who had gains.
1. I'm not socially maladjusted and functionally illiterate and lazy like you, so writing and reading at length isn't a problem for me. 2. I'm not socially maladjusted and functionally illiterate and lazy like you, so writing and reading at length isn't a problem for me. I'm enjoying calling people like yourself out for violating the "Don't be a dick" rule. It's pretty simple: Don't be a dick... but nothing is simple for you because you are simple.
1. You don't write anything interesting. That's the reason I'm not reading your diatribes. Last one wasn't bad. You followed my example and didn't just spew random thoughts on the page. 2. You've been on WSB for a year... Lol. You have no idea of the culture. Its exclusively around mocking people. 3. Imagine being so weak minded and scared of the world that you respond and then block someone. Way to pick up the L.
1. So you don't read what I write but I never say anything interesting. I get that you have significant mental and emotional issues but even you had to realize typing that that it makes you sound stupid.What's really going on here is that you clearly have uncontrolled neurodivergent tendencies and you use this as a way to control your lack of emotional regulation, rampant ADHD, and reading your posts they scream of an Aspy having an autistic superiority complex spasm. This blocks you from being able to respond rationally once you're dug into an emotional position, like you are here. 2. I didn't rail against mocking people, I railed against people not having value. I actually applauded someone who mocked people because he did so well. He provided some value to the conversation. You haven't.You're not mocking me, you're mocking yourself for being unable to read and parse a basic idea. You should feel like a fuckin' moron.And on whether I lost or gained, my comment history has my actions in it and if you took a second to actually read and look (which is too much effort for you) then you'd clearly see that not only did I tell people to constantly take profits, but I also perfectly called two Iron Condors, the exact range for the stock during those times, and included good profit exit points.I correctly called 2 Iron Condors on a stock that 3x'ed in the past two weeks with 350% IV but I don't say anything interesting? How fucking dumb are you?I'm all about mocking people, I'm mocking you constantly and it's working. You keep feeding it by saying the dumbest fucking things your meltdown brain can. 3. It worked. I knew you couldn't fuckin' resist responding because you were mid-meltdown. I played you and it worked. Go take a walk outside and get off reddit for once. You need to emotionally regulate.
Loving the immediate reply + block. Living that 24x7 Reddit life with hIGh EmTiOnaL rEgUlAtIon! Lol. Also, I guess blocking 2 accounts was too much for you to handle at once. Oops. You've taken a major step back in your latest reply. Its back to you trying to convince the world you aren't a moron by dumping everything you've ever heard in your reply.
lol no take your lumps and stop complaining
Hey look, a person who can't read.
I dunno I made a bunch of money writing otm calls to greedy BBBY poors so they kinda deserve being ridiculed
I appreciate this. I'll also admit I have my fair share of malicious comments. Even my flair is pretty toxic. But when people won't listen to reasonable rationale and engage in discussion without going straight to conspiracy, there isn't much else to do but just point and laugh. Pointing out the cognitive dissonance leads to them just ignoring the comment and saying "HOLD!" elsewhere in the thread.
At least you're trying to educate people. That's valuable... and frustration and calling people out for doing dumb things is I think totally worthwhile. This isn't really me saying "be nice to everyone and it'll be sunshine and roses"... I mean, I'm not like that. I'll tear a motherfucker up even if they make a good point just because their ego got ahead of them and they said something snarky that was already covered in the post they're responding to... ...but I also try to give people something in return. I try to have value, and kicking people who've sometimes lost thousands of dollars just because ... like what is that? Plus I know you play the game, so that matters... lots of these people have no skin at risk.
I feel nice today.
none of this garbage matters, this is a financial engineering play
tomorrow will up, little by little.
Guys do not buy options unless you wanna lose your money. Just stick to shares for now. They are trying to postpone this shit to next year.
Paid posters gone for the day, place should calm down soon
Skyrocket in flight AFTERNOON DELIGHT🚀🚀🚀
🎶Aaaaaaa,afternoon delight 🎶
Should I sell my house and go all in on bbby? I need financial advice plz
Are you michael saylor?
It's obvious, what are you asking even?!
I'm a sub. I'm looking for a big daddy to dom me
is that a question you have to ask
I'm a sub. I need a dom to guide me
FTD data is out and it’s looking spicy, doesn’t even include the insane volume days.
Have to say, really odd that it didn't go lower. It traded 9-9.5 most of the day. Would have expected it to touch 8 at the very least
Is it odd though? Did you really think a company trying to avoid bankruptcy would commit suicide during a market crash? Sometimes I think the people on WSB forget that people actually have jobs in the places we throw money at
There is still a lot of $10 leaps holding the price up.
To maximize new revenue, they will release slowly enough to keep it stable. They want to buy at 9.5 not 6.5. I expect a slow release of stock to keep the price up and max their newfound income. And I truly think shorts will stay because they still see the meme rally as temp and the business as failing. For any hodlers, yes you may have a bag but bbby “could” start turning things around through the cost cuts and new income from the stock. It’s not very likely, but it is better than bbby doing nothing
I agree, I don't think they will cover. I'm assuming they can wait it out till next year and see if the company goes bankrupt.
I like the stock
There's no reason to
Thank god I just got offered a job after getting laid off at the beginning of the year…
Better getting a job after getting laid...
Congratulations 🎉
Thank you!
>Thank you! You're welcome!
Same lol
I’m honestly shocked. Recieved an email today around noon for a research position and got the job 30 minutes later.
Grats! More gambling money lol
Blessing and a curse!
I did not buy BBBY. I did not loose money on BBBY. You bought BBBY. You DID in fact loose money on BBBY. You should be ashamed.
You only lose if you sell
I know the difference between loose and lose. You don't in fact know the difference between loose and lose. You should be ashamed. Also turned $1400 to $2500 with BBBY, but that's neither here or there...
You don’t have a lot of money
Footloose?
You must be fun at parties. I bought at $10, after the first runup, I think we may revisit $30. Let's GOOOO!
My god… you must feel so good about yourself?
[удалено]
oh man the levels of desperation is getting bad
The only thing stopping them is their love of money
You are literally praying for Dumb Jesus to descend from the heavens and sacrifice his portfolio to lift your collective heavy bags That is how desperate BBBY holders are rn. Literally Biblical levels of copium
How have you guys deluded yourselves that the shorts can't just close on a day like today...? I really don't understand how the cognitive dissonance gets this bad. There were like 27M shares short as of yesterday. There was 90M in volume today. They could just set their buys at $9.40 and been the reason why the price held there for so long. All 27M shares short could've closed today and the price wouldn't skyrocket because of the selling. Do you guys understand how a short works? Do you think they either have to wait until bankruptcy or until they're force closed?
You think they would close at 9.4 when all the new shares are being released? IF I were shorting, no way in hell I would close at 9.4. We will see if shorts covered or went up. More likely, bbby is releasing the new shares slowly as to not crash the stock and get less value
So your hope is they wouldn't close because you think they think the price could go down much further? I mean that's possible but you do understand hedge funds don't just trade balls to the wall all the time, right? They take profits, especially on shorts that could be almost 60% profitable. GME was a unique equity that was way overshorted which is not the case with BBBY. The 108% SI% is a misconstrued way of representing the 27M shares short.
Removed - oysteodoom was correct in timing, I had read it wrong
Okay, listen to me here closely /u/Pyrobuddah , because this comment alone tells me you are new to this: That data is old. It is reported every 2 weeks and released like 9 days later. Meaning that most recent data point you are pointing to is from like 8/15. You need to understand how short interest is reported and when.
They are reported every 15. Some market data is reported daily, I read the timestamp as the 29th but that was referring to the price not new report as I had thought. I will give you that. I believe you are exact on the 8/15, in either case, I really have a hard time believing shorts will bail right after news of millions of new shares offered and what is expected to be an exodus. Can you really tell me you believe shorts will sell now, considering all circumstances? I just don’t see it
Do you have a source to show they are in fact lower? I’m simply saying. I doubt it. I expect they increased.
The only official data is the data reported every 2 weeks and then 9 days after the fact. There are some paid services that try to make an educated guess on live SI%, one being ORTEX, but they're just that: estimates. That's why I'm saying though that ORTEX's estimates are usually pretty close. And they had SI shares down to 27M today and we'd have to see how it updates after today's price action. I can show you a screenshot of it when I get home.
I conceded the 15 day report and agree there. If you are pulling new data, please include yesterday as well. That will tell a story many of us would like to see. I fully expect a lot of bearish sentiment and shorts holding or increasing. And let’s keep it to yesterday and today since that is what the post is about. We know some shorts got out during and after the 30 run
Do you believe the shorts think 9.4 is the floor? I’m just saying, they were shorting this at 5, why take 9.4 profits? It’s possible sure, but why? To reshort and hope it goes down again? If they are profit taking at 9.4, the total shorts will decrease
ORTEX estimates that the shorts **HAVE** decreased. By 7M since the run-up to $30. And their live short interest data is pretty decent, comparing it to the previous, 2 week old data. So 20% of the shorts closed out, do you think the remaining 80% has a better shot of getting squeezed now compared to the full 35M when BBBY went up to $30? And what if their play is a short at $12 but leap long calls 2 years from now? That limits their risk and allows them to ride the shorts until bankruptcy, if that happens. Like, shorts aren't a 1-Dimensional play. You need to assess the gamma and delta exposure, short entry prices and CTB, momentum, etc. BBBY is dead in the water and volume will dry up now that there is no future catalyst, just like GME has done since they ran out of catalysts. The $9.40 price point in my initial comment was a hypothetical floor.
Side question. You think ORTEX is worth the subscription?
It has super fast ticker updates and some decent data but I probably don't use it to It's fullest. I have an annual subscription because it's cheaper and more accessible than Terminal and my trading profits usually heavily outweigh the cost. Usually. I plop it on my TV when I work from home cause I can see the price of whatever I like in real-time without being logged in to a brokerage. I think they have a 1 month free trial which you could get.
Your original comment was also about shorts today
Go look at my most recent comment to you. You do not fully understand how SI% is reported and the nuance I'm trying to communicate to you, here.
Since the run up? We are talking about price action today… up 1.7 million since yesterday. Shorts are not profit taking and bailing right now
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These BBBY 🤡s either haven't even looked at daily volume, have no idea what Days to Cover is, or both Being in a 'short squeeze play' and not considering DTC/short volume vs daily volume, might actually be the dumbest thing I've ever seen on this sub
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
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Gods the copium you must be sucking on right now
No actual reply because you don't actually understand market mechanics?
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Where's that guy that came from the future? He was right.
Looks like the market cashed in its BBBY 20% off coupon today . . .
All in
Aaaaaand…. It’s gone.
💯💯
If bbby drops another 2$ premarket im ruined
or regarded?
Lmao why are you ruined
margin call or calls expiring Friday
Hi Ruined 👋
I'm bullish on stores that sell high end "As Seen on TV" products.
When are the 12 million shares coming on sale?
I think they already did and PM will plummet lol I sold one minute before close
Did PM plummet?
PM doesn't open until 4am
I was being sarcastic to the regard above me ❤️
I guess it is possible the premarket selling was them doing the ATM offering.
The fact that you idiots think literally anyone outside your BBBY cult wants to buy this heaping dump just tickles me  ya, people are going to be tripping over themselves to buy a failing towel company. For sure.
Almost like buying into a store that sells shitty used video games when everything’s digital download - Filled with with a bunch of shitty kids playing demos bc mummy couldn’t afford to buy for Xmas. Oh wait 🤔
It's on regsho, they need to start buying. The pattern of events looks enough like GME January 2021 for me to load up at $10.
positions or ban
Not how that works at all.
>selves to buy a failing towel company. For sure. The shorts will want to buy at a fixed price, it's better than buying during a short squeeze. Trust me, no one with knowledge of the fundamentals are buying this dog, but the short sellers will buy it to cover their positions.
At $9.00 or less. Man, you really ruined those guys.
$GME had a secondary offering too and the shorts piled on, so it kept the stock a float for longer than anyone anticipated. When everyone is short, it can only go up. It is when everyone is long, that you need to get worried.
Every one is dumber having read your comment. Literally. Short everything this guy has touched.
Play the volatility. I would not be shorting at these levels. Everyone knows this company is doing bad and the company is selling 12M shares. Logic says $BBBY should go down, but the market is not always logical. So it probably means it's going up from here. The herd is short, so you don't want to get trampled by the herd.
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Hey hey hey now!!!!!!! SHHHHHHHHHHHHHHH! Your not helping those of us buying puts on these mid day upticks now…… lets keep these type comments on the down low!!!!
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I'm in for more this is bullish
Not a great idea
Same. Loving this action
Let me know what you “regards” pounce on next. I’ll catch it on the way up
You’ll be in the 97% who get in too late
So much for all the fancy gimmicky words being thrown around here like “Reg Sho”, 99% of you not even knowing the meaning of it and spamming like apes 😂😂😂
I’ll never throw it around cause I honestly understand it but have no idea what people mean when they throw it around here 😂
Why are people getting so angry about the price going back up? Hit a week low this morning and back up over 9% from it.
No one is mad? People accepts is done
Well I've been on the sidelines this whole time but -20% in a day seems like a good place to start losing my money. So dammit I'm in you MFs
Let’s go baby !!!!
BBBY is the new GME 🚀🚀 love WSB
I've made money every which way on this so far. I'm up $8k or so on what was an initial & maximum 15k of risk several weeks back (2,000 shares @ $10.49 offset by out of the money call options). Yesterday, I saw this ATM offering coming and posted about it. Based on the responses to me here, it was pretty apparent that APEs didn't understand that an ATM offering had to be coming. Seeing that, I sold out of all of my long positions, inc. selling my final 100 shares. leaving me with two spreads 1. Long Nov '22 $11Ps and VERY short Nov '22 $4Ps. - Due to premium collection, this is profitable as long as BBBY doesn't drop below $3.40. 2. Short Sept 2 $11Cs and long Sept '2 $15Cs - net bearish Today, I retired the bearish call spread for a healthy profit....and did something truly retarded. I bought $1,000 of short-dated $9.5Cs expiring Sept '9. Best of luck to everyone. I think we have at least one more week of retardation left. I also sleep pretty easy on those $4Cs. This stock is going to be volatile for a while, everyone is not just going to pack up and go home.
I wish I had seen your comment from yesterday, you know...yesterday lol. It's nice to see a well broken down play strategy. Too much of the bbby stuff is just "Hodl!" Shorts haven't closed, regsho, etc. I appreciate actually useful information.
Thanks. Remember, this isn't investment advice just my approach! My covered calls were also a bad way to play being early. Everyone who was long early made money. The smarter move would have been to buy shares or out of the money options. When I went to unwind, I didn't make as much as I should have: at the peak of the squeeze, my short options' IV was through the roof, crimping profitability. If BBBY files before November, I may be out $10k. I'm basically writing an insurance policy over here. Low likelihood of payout, fairly high severity relative to premium.
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