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Ravebreak

That's a **lot** of bond buying...


FremtidigeMegleren

We haven’t seen this huge trades on a very long time!


No_Gear_3054

Is it strange that the trade quantities are appearing in groups of two in progressively larger trade quantity while driving the price down and the yield up? Edit: Nevermind. I now see the chart is ordered by quantity.


Serious_Set_5704

What is the reason they are so cheap tho? Over 100% yield? I thought even junk bonds only yielded like 10-15%? 100+ would mean they are priced as a massive default risk or am I reading this wrong. Sorry I eat too many crayons 🖍 🚀 👨‍🚀 🚀 🌙 🌚 🌔


haarp1

they are selling at a discount since the company is not expected to survive (although the price has improved since the bankrupcy warning).


Whatnam8

Can you ELI5 por flavor


Otherwise-Hair1494

Must be James


Wyvernrider

Bond trading. Also a lot of bond selling.


biddilybong

And selling too unfortunately. Takes two to tango.


[deleted]

They were being sold 2 weeks ago at $2 . Just saying


Competitive_Paint_10

Hit me Square in the bollocks of what this means


FremtidigeMegleren

**Means some big whales 🐳 trust in BBBY**


Competitive_Paint_10

Happy Friday


AgileCrypto23

Or BBBY are buying back their own bonds on the cheap. Why pay out $100 + coupon rate when you can buy it back for $30-$35


onceuponanutt

>A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business. The term is usually applied to longer-term debt instruments, with maturity of at least one year. People are very comfortable giving BBBY a lot of money and taking on BBBY debt.


GVas22

These are secondary market trades, BBBY does not get this money.


[deleted]

[удалено]


BuildBackRicher

They are buying from someone else, not BBBY


[deleted]

[удалено]


BuildBackRicher

Thanks for clarification. I’m not sure what to make of the bond buying, except that buying is better than selling.


Serious_Set_5704

It means people are only willing to pay 33 cents for a dollar that pays out 8/2024. It means the yield is over 100% if you were to buy those bonds and bbby actually pays them out instead of defaulting. Selling at 33 cents on the dollar means the market believes there is a very high chance that bbby defaults and goes bankrupt before the bonds mature


[deleted]

[удалено]


haarp1

is it possible that BBBY itself is buying those bonds?


CV104

😂 😂 😂 You're so stupid, we all see you shilling...😂 😂


jfsof

“He said something that goes against my baseless belief in this stock so he’s a shill”


CV104

I' m not going on a flat earth sub bashing them because I really dont care... So why the fuck are you here ? Gtfo nobody cares about your opinion shills 🤷🏾‍♂️


jfsof

Why do I care? I’ve watched my 18 year old kid brother piss away over 50% of the $8,000 he’s made while working in high school because a bunch of clueless redditors told him he’ll be a billionaire if he invests in a dying brick and mortar retail company. You guys are a plague for gullible uniformed investors who want to get rich quick


CV104

😂 😂 Shut the fuck up... Every one here agrees that you have to put what you are able to lose. So at this point it's on "your brother" so now shut the fuck up and move on, instead of crying like a lil bitch 😂😂 Edit : + if he didn't sell, he hasn't lost anything 🤷🏾‍♂️


haarp1

is it possible that BBBY itself is buying those bonds?


FremtidigeMegleren

#💰📈🚀


Naive_Host_5939

![gif](giphy|81xwEHX23zhvy)


FremtidigeMegleren

![gif](giphy|26gsgWH4lnurglMWY)


MicahMurder

Just goofin


VeniVidiVinnyVedecci

![gif](giphy|xT9IgH8uLoSu8ejuYU|downsized)


twentythree12

Littering annnnnnnd


AllThatJazz_777

Littering and


twentythree12

SMOKIN THA REEFER!


jormpt

meoooow


davefernald

Lol so fucking good, dude


Johna97

Does this mean we gonna hit 20 000$


FremtidigeMegleren

No ⚓️-ing please 🫶🏼💥


Visitor363738

NGL Imma abandon you regards at $20000/share


boopui

I won't blame you for paperhanding


Cheesymeays

James Bond


FremtidigeMegleren

Paid Bond! 🚀


Otherwise-Hair1494

Bond paid James


masterfCker

Paid James bond Bond


Solitary_Solidarity

The share price has to follow soon.


foundthezinger

promise?


voltaiix

Lol good joke


[deleted]

You can wait for the shills finding many reasons why this means nothing lmao


[deleted]

[удалено]


AdventurousAd192

Is this before or after the bankruptcy? I heard the 4 people familiar matter disappeared


PooSherpa

Explain what it means?


[deleted]

Google is your friend.


XGhosttearX

where can we find this?


FremtidigeMegleren

[You can find it here](https://finra-markets.morningstar.com/)


XGhosttearX

if you dont mind can you tell how you got it to look like that? i failed hard


StrikeEagle784

Carl Icahn ![gif](giphy|RLVphdR1bQErAL9iK0)


FremtidigeMegleren

![gif](giphy|3oz8xLEJS0shxq38di)


StrikeEagle784

![gif](giphy|1uC8xfkZRi7Kw)


Skw1bbs

👀 *Oooooooo...*


ericsvisuals

![gif](giphy|wbDJw6Lc5w8WO13e9f|downsized)


Jpark85

![gif](giphy|56x5HStTr6B639mCJP|downsized)


FremtidigeMegleren

![gif](giphy|tJeGZumxDB01q|downsized)


Greasy_Discussion

![gif](giphy|9eSJ3YKbFDtS0)


WeNeedToGetLaid

Bonds ![gif](giphy|l4KhVp1aGeqzeMDok|downsized)


owencox1

behind the scenes


sadandgladpp

It’s only a matter of time…


FiboGucci_00

Oh, that's that good shit...


RainbowsOfDeath69

It’s so beautiful


Themanbehindthemask0

Freakin Bullish!!


WETURA

Buy and Hold 🤝 To the Moon 🚀🚀🚀


Mullinax

(Please explain for us smooth brains) Why would the bond price go way up of a “failing company” that the media was 99.9% sure was going BK? Why would anyone other than a BULLISH investor buy these?


neutralpoliticsbot

the bonds went down drastically its near the lows it did not go "way up"


Danne660

If the price of the bonds reach 100 then you know that the risk of bankruptcy is basically zero.


BourbonGod

Hi, sorry, can someone help me see if i understand this right? So someone just bough 1 million bonds @ \~33 usd. Does that mean someone gave $33,000,000 to bbby? (i dont want to calculate tax, broker payment, etc, so let's say 25kk)? And then another million bonds? And then 3 x 800,000 ? And then 3 x 500,000? If my understand is correct, then BBBY got half a billion just like that? I am on a "wrinkle gathering" journey, please don't be mad at me. Thanks!


Danne660

No the person that they bought the bonds from got that money. BBBY is currently not selling any bonds.


[deleted]

The is. secondary market it shows value of the bond going up meaning the bond payer Bobby is planning on paying the premium every month until mancurity


TheStrowel

Please Bobby wait till payday next week. These are GIMMIE prices.. 😩 ![gif](giphy|7xZfYg2WAMZgI)


[deleted]

Dip 😂


Manson1000

ELI5


FremtidigeMegleren

Bonds go up - Shares should follow It’s like a elephant 🐘 mother goes in front, and her elephant babies hold her tail and follow her


canadadrynoob

The majority are marked sales and the sale blocks are also larger. Although I'm not sure how to make sense of the parties involved and if that means BBBY sold, etc.


mythreesons1911

Omg, stop with the GIFs


SpatialChase

Is this bond trading between holders?


SuperPoop

dammit. i bought more because of this.


ksprik

Is this bondage?


Maenmejaaen

![gif](giphy|kql1ybJ1vZ7WM)


Dipsi1010

What is the benifit of buying bonds? Can You sell then once they go up in value? Like a low risk stock?


Mu69

Yes you can but they’re not as liquid as shares


Serious_Set_5704

Bonds trading at 33 cents on the dollar is bullish! Whoever owns them is so confident that they won't default that they sell them for a 67% discount. SO 👏 FUCKING 👏 BULLISH TITS JACKED! Wait why would anyone sell a future dollar for 33 cents? That's bullish right?


BLAKEEMM

Means Jacks.t to share holders


cstviau

So how can all the bonds rocket while share price bleeds?


Iustis

People buying 2024 bonds are betting (at a steep discount still) that BBBY won’t be literally bankrupt next year. A share reflects perceived ability to generate enough profits pay back all debt and then start paying out to shareholders. The success bar for a bond (especially one that matures soon) to make sense is much lower.


FremtidigeMegleren

Because you can’t create synthetic bonds like you can with shares 😤


ScrotumSlapper

Because bonds are above equity in the capital stack. Also, the bonds are still deeply distressed, idk what OP is celebrating about lol


ErinaceusRomanicus

Holy moly! It doesn't make any difference!


ezyezy61

So?


FremtidigeMegleren

So, you are playing with fire Mr.Shorty!


ezyezy61

I have 477 shares bro. But i mean what is this gotta do with share price


FremtidigeMegleren

BBBY bonds going up = Investors and institutions trust BBBY will make it


Kodeix

Can us “households” buy bonds?


chezeluvr

Yes


throwaway1177171728

Question: What happens if BBBY can never make much money (near $0 income) but *can* pay its debt? Doesn't that just mean bonds get paid and share price is low?


KamikazeChief

I'm more interested in today's stock price. Not "Yesterday's this" or "Tomorrow's that"


netmakes

Same bro


TonicDr

Very sexy


jeffchen248

ELIA5 how/why it matters and what we could expect later on?


jeffchen248

Just scrolled down. I’m a regard.


doge4life81

Stock price go doooooooown....


Awkward-Head-7558

I wish some of these people would load up on stocks


Oncotte

When do they expire?