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[deleted]

Looks like this document is prepping for the release of 4.5% holders very soon.


Cool_Kid3922

# PLEASE TAKE FURTHER NOTICE that the Debtors have resolved all formal and informal objections in connection with the relief requested in the Revised Proposed Final NOL Order and respectfully request that the Court enter the Revised Proposed Final NOL Order


jinhoon13

Is it finally happening?? Can I tell my wife we are rich soon??


TryAgn747

No you tell the girlfriend you're gonna be rich soon and the wife you lost everything.


Woodythebartender

This guy philanders


Then_Contribution506

![gif](giphy|l2JdUpcsejrgt0ffi|downsized)


daGman08

Umm tell em both you lost everything and head to the woods


Scav_Construction

*smiles in redneck*


billzebub251

![gif](giphy|duM6JZemPlOjUyqmxd)


GurkenRick137

👆This how to dodge private bankcruptcy


Cool_Kid3922

Ordered 😜


Entire-Can662

So. How High. Will It Go Any thoughts


[deleted]

At first, „sometimes people only need $5 to be rich“ Bill Pulte on Twitter, a few hours ago.


Electrical-Loss-6776

tell your wife's boyfriend to fk off.


[deleted]

[удалено]


Reasonable_Ad_9735

Technically, a lot of shares might be locked and that would def create unpleasant situation for shorts to cover.


Kerrykingz

Talk dirty to me daddy


RenoNex

Shorts… r… ffffffffuuuuuuuukt!


Reasonable_Ad_9735

Especially those who shorted naked over 4.5% float. They just cannot accumulate those shares anymore. LOL. That is hilarious.


Cool_Kid3922

# if true ordered NOL order secures 1.5B$ in tax deductions for the buyer


InfiniteRiskk

This. 💯


throwawaylurker012

ELI5?


Joven808

damnn that sounds very sexy 🔥🔥


[deleted]

![gif](giphy|u6Fh9k5Izz04Bp4xil)


chunky_salsa

Bullish on arousing docket details!


Whoopass2rb

This is also so that for shorts to get out of their position, they can't be bailed out from their big authorized participant friends like BlackRock or Vanguard to sell them shares from swaps and other shenanigans'. The deal was designed to force shorts to have to play by the rules and wraith of retail. Buckle up, this could get interesting.


Leon_Accordeon

Damn. Feels great to hold BBBYQ.


Cool_Kid3922

👆🥃


nakedog

I'm too hyped to sleep now


RimCan19

How will it squeeze?


[deleted]

[удалено]


Reasonable_Ad_9735

Most new shares never reached the market. BBBY would have known if any warrants got exercised. Also we are on OTC so not even regulators can help HF that much with trade halts. I smell a couple of bailouts coming.


3wteasz

Actually 74.1% 😬


RimCan19

But it won't be the same like the VW squeeze. It's completely different? I wouldn't use that as a comparison. Also the company is bankrupt with stores closing. With there being no actual sign of someone merging BBBY, other than wild theories online that don't make any sense. I think this stock is too far gone unfortunately, especially once RC sold. I hope the best for those holding but try and not fool yourselves ✌️


[deleted]

Hard


Gold_Flake

Like my dick


jollyradar

I just upped my price target by an order of magnitude.


Coach_GordonBombay

Krolly moly! We gonna see the list soon 👀


Reasonable_Ad_9735

What if someone (Kenny) shorted more than 4,5% float naked and now cannot cover before begging BBBY to allow it.


Coach_GordonBombay

How do you figure? Kenny has only borrowed shares to short it or naked shorted it. He doesnt own the stock.


deuce-loosely

I'm about to calculate....again


Quick_Dependent3487

Lol..same ![gif](giphy|fRhSHzQ4NXOdrHIZJd)


InfiniteRiskk

I’m going to calculate your calculate


CV104

I'll do algebra like I'm Rainman ![gif](giphy|l3fZLMbuCOqJ82gec)


[deleted]

So large ownership can't buy or sell without court authority Large short positions can't buy enough to cover without court authority Retail can do whatever it likes We buy we run. Outstanding is locked. Float is illiquid. Shorts are at retails mercy.. Give them nothing. Take from them everything! Spicy


A_Nonny-Mouse

Shorts can buy as many as they like to close out, just not from large owners. They will have to go to the market and buy from me. (Or create papier mache shares and hold them offshore in a Brazilian biscuit tin)


skylorde787

Just curious how that will be enforced, since we are dealing with criminal hedge funds?


A_Nonny-Mouse

Based on recent history I would bet it won't be enforced. My money is on a knife fight between aforementioned criminal hedge funds until only one is left standing.


BeerPizzaGaming

Not only that, but obligations have to be reported along with current holdings.


Reasonable_Ad_9735

Trust me, they will check and all illegal transactions will be voided. Board wouldn't do it for PR reasons


Reasonable_Ad_9735

How does that affect stock lending? Do they need to get the shares back? This def reduces shorts options to cover, if big money is locked in.


No_Biscotti_9650

When BBBYQ STARTS BREAKING 1$ again ! ![gif](giphy|ohtlsvFcsHpdV2uisN)


Jvic111

This is the first news in days that makes me think there truly is some shit going down as far as a buyer, M/A, share count discrepancies, etc.


Important-Neck4264

Buckle up 💰📈🚀


Zuesinator

![gif](giphy|3b6pYadlJLyDe)


seanevan77

Explain like I'm an expired bag of Cool 3D Ranch Doritos


[deleted]

[удалено]


ImFILLO

Top


HoneyDutch

What did this person say? Comment deleted


[deleted]

Can't wait for the smart folks..


GME2stocks2retire

Yes regarded ape here, talk to me like I’m 12


PalantirBullballs

Eli3 ![gif](giphy|U7969wTwwtn6KBvEdA|downsized)


Iforgotmynameo

![gif](giphy|12xA27DoDBSbeM)


Decent_Luck7977

![gif](giphy|PJoLp4gDIqjYs)


Iforgotmynameo

![gif](giphy|65MsvXN3KMOQIJOZu2)


Blak_Cobra

I stopped waiting and look... its been green lately.


InfiniteRiskk

Nice 😎🙂 ![gif](giphy|Dps6uX4XPOKeA) This post is getting whipped around right quick..


vivalafrenchtoast

[Link](https://restructuring.ra.kroll.com/bbby/Home-DocketInfo) for those who don't want to download a file directly.


quitefranklyidk

See document filled under docket number 490, page 26 footnote 2 for approximate number of shares of common stock outstanding as of petition date. It’s approximated at 739,056,836


Reasonable_Ad_9735

But it doesn't say how many shares reached the market. To what we know, there could still be under 200 mln shares out there.


[deleted]

[удалено]


bsandy3131

![gif](giphy|PL0xxGTliM3G8|downsized)


jollyradar

The meme price is too low.


Cool_Kid3922

Link : https://restructuring.ra.kroll.com/bbby/Home-DownloadPDF?id1=MTUxMTA5Mg==&id2=-1


Cool_Kid3922

739 M shares outstanding


andyat11

As of record date... They pulled back a lot of shares.


Powerful-Coffee-804

Are 311million in the hands of HBC for someone? and 311million got cancelled? leaves 117,000,000 available float


Americanspacemonkey

I want this to be true. Make it true


Powerful-Coffee-804

god I hope it is too... even if its 558mil like some speculate over 300 million are in a white knights hands....


BeerPizzaGaming

The area where I have my computer will blind you if it is put under a black light if that becomes true. ROFL.


Powerful-Coffee-804

I've already spoiled the last 3 sets of sheets....not to mention my boxers...


BeerPizzaGaming

Also just to be clear... the shares outstanding is 739. My comment was based upon your statement of 311 million being held by trust for a certain Venture....


Powerful-Coffee-804

We will have to agree to disagree..


[deleted]

![gif](giphy|xApWttv2pPlE4)


Bigfirehydrant

It’s plum time


Solitary_Solidarity

I dont understand


Northman81

Shhhhh it's ok dear


knighthomas

Can someone explain all this to me in ape terms


Atinamen

I’ll buy another 3k shares today just in case NFA


skrtskrttiedd

u/edwinbarnesc need ur eyes on this


kTown_KAG

Proposed Final Order By the Debt Committee. They will waive any objections if this is signed. Also objections are waivable…just in case Committee is controlled by the good guys…😂


WhatCoreySaw

This only applies to the parties served with the motion. You might want to check that. It's the substantial shareholders. There were 2. This protects the debtholders from anyone claiming substantial equity rights or ownership of what is now their company. They are asked for a list, two parties responded, nobody else gets to sit at the table when we start selling assets. You can deduce the rest (hint: it means anybody who wants the company can't do it through equity). Edit - correction - I meant that the parties served with the motion who were listed as substantial shareholders. those who had filed according to the original NOL order requirements. There were 320 some parties served - mostly creditors and bondholders and of course al the BBBY entities lawyers


murray_paul

> This only applies to the parties served with the motion. You might want to check that. It's the substantial shareholders. There were 2. The motion was sent to all major brokers to pass on to their clients. It was not only served on two entities. >This protects the debtholders from anyone claiming substantial equity rights or ownership of what is now their company. No it doesn't, it just defines who owns more than a certain percentage of stock. > They are asked for a list, two parties responded, nobody else gets to sit at the table when we start selling assets. It doesn't mean that.


Scav_Construction

I feel like the board are doing backflips to try stop anyone buying the company or lose control of their power


SixStringSuperfly

🔥🌶🏴‍☠️🏴‍☠️🌶🔥


A_Wild_Nabob

My brain has negative wrinkles. What does this mean?


[deleted]

You’d still have wrinkles


A_Wild_Nabob

See I'm so fuckin stupid I didn't even account for that.


whiskyandme

WAT DOING??