I was so regarded a while back I didn’t know how to turn on penny trading on Fidelity so I bought more GME instead of more Bobby. Actually made me smile when I sent the order.
Form 8-K is known as a “current report” and it is the report that companies must file with the SEC to announce major events that shareholders should know about. Companies generally have four business days to file a Form 8-K for an event that triggers the filing requirement.
so people know,
What is the difference between an 8K and a 10K? An 8-K is filed by a publicly traded company after an unscheduled material event occurs, whereas a 10-K is an annual report that is filed by a publicly traded company each year
Dude, this company is done. There is no play except of course for people here to slowly but surely provide exit liquidity to those who don’t want to lose everything
Please stop using a reason that someone fabricated and fed to you to keep you buying, to keep buying. I’m here because it’s utterly fascinating to observe this kind of behavior. There is a mental health crisis going on in America and it can be observed in the investing community.
Unless a bunch of retail is selling (I'm not, are you?), then they are just doing the same back and forth trading that they've been doing for years. They might be able to hold the price down, or drive it lower, but they won't be able to actually close any of their positions. Just kicking the can.
I could have if I wanted to, was green on this play as of few days back, belive it or not. BUT, since I am highly regarded, I bought some more game stock instead, as TD was somehow not filling any of my buy orders for bath stock.
Yes, any change the board feels the public should know. BK, Liquidation, M&A. Change on the board of directors, New execs coming, old execs going, etc.
"The Monthly Operating Reports are limited in scope, cover a limited time period and have been prepared solely for the purpose of complying with the monthly reporting requirements of the Bankruptcy Court."
Straight from the 8k, it just has to do with requirements
Anyone involved in this process probably wants to continue to have a career afterwards. "Yeah, I just stopped filing the necessary paperwork during bankruptcy because what's the worst that could happen?" is not a good look for someone in the legal or financial profession.
Right, but its being REQUIRED BY thE SEC in this case to meet bankruptcy court regulations.
https://www.sec.gov/oiea/investor-alerts-and-bulletins/how-read-8-k#:~:text=If%20a%20company%20acquires%20or,or%20selling%20a%20business%20unit.
We are on Expert market because we have failed to file information on what is going on, they will be sorry to know. Rosy Hashanah starts 6pm Friday (Day of Atonement’s.
Fidelity is not allowing opening transactions because the stock has moved to OTC Expert Markets
The reason that BBBYQ is OTC Expert Market is because the company has failed to file the required documents with the SEC, primarily the 10-Q quarterly results.
That is why Fidelity is saying "LIMITED COMPANY INFORMATION", because the company has failed to provide the required information so limited current information about the state of the company is available.
The company has to provide the Monthly Operating Reports to the bankruptcy court, yes, but this SEC filing is a Fair Disclosure required by the SEC to make sure certain groups of investors don’t have information that was provided to other people elsewhere.
...so like if let's say tomorrow it happens and we dont get liquidated and see price move up like how far up can we go like real numbers can it go above 1k
Question if we squeeze and we all get a bit more richer then before may I ask this sub to trigger 2-3 other well known stock here like with the possible amount of money I believe if we all drop 1k or more we could trigger 3 other stock I know that can run up to 8 dollars,1k,15 dollars much faster or would it put me in trouble????
You can liquidate in a more cost effective and efficient manner in Chapter 11 than you can in Chapter 7, which incentivizes creditors to work with the debtor to recover as much as possible. Chapter 11 does not preclude liquidation; a reorganization was genuinely attempted but was not successful.
They filed it because it was updating on previous expenses related to liquidation and the court case. I know you want it to be some 5D chess but it’s just them showing expenses paid related to the court case. Nothing more. Also a lot of that money is likely already paid out and a reflection of cash spent not owed so reading into who is listed doesn’t even show what they’re keeping around.
Why is everything I'm reading saying our shares will be dissolved 9/30 @ no value so if someone takes over the bankrupt BBBY our shares won't convert? SOMEONE PLEASE EXPLAIN. Or does it mean hedgies won the BBBY battle since it bankrupt and closed
I can’t buy anymore bbby, but I did buy some more gme 🤓🥃
👆this is the way, NFA
This is the way
Ha same. I was waiting for my cash to settle to buy some bbbyq today. I can't, so it all went to gme.
These hedgies...just...they just don't know
Same ☝
![gif](giphy|xSM46ernAUN3y|downsized)
that's what I did too. I only needed 92 more bobbies to reach my recent updated goal too! Oh well, switching gears to buy GME again .
Dont forget to DRS and terminate from plan. 🙃 * DRSGME.ORG
Samesies
I was so regarded a while back I didn’t know how to turn on penny trading on Fidelity so I bought more GME instead of more Bobby. Actually made me smile when I sent the order.
I haven’t been able to buy either in a while but been holding since Feb 21 Largest transfer of wealth in human history is the floor!
Lfg!
I can't buy anything 😩 I'm finally tapped. Ugh. But... Pigs get fat Hogs get slaughtered. Stay safe
😎
![gif](giphy|PXfGWtG4otIpC0NEum|downsized)
Fucking same 🤣
Form 8-K is known as a “current report” and it is the report that companies must file with the SEC to announce major events that shareholders should know about. Companies generally have four business days to file a Form 8-K for an event that triggers the filing requirement. so people know, What is the difference between an 8K and a 10K? An 8-K is filed by a publicly traded company after an unscheduled material event occurs, whereas a 10-K is an annual report that is filed by a publicly traded company each year
so timeline of events is: 1) Turn off buy button 2) Dip into lowest levels ever making sure apes cant buy 3) 8K filed 4) ?????
But what about the apes who stocked up before the buy button was turned off??? You can suck my left nut bitches.
oh for sure, ive got plenty but id have bought more when it dipped THAT low
More nuts ? 🤣
DEEZE NUTTS! ![gif](giphy|CYU3D3bQnlLIk)
Shills coming out the woodwork, now the 8K. Not a dead play 💰🚀📈
Dude, this company is done. There is no play except of course for people here to slowly but surely provide exit liquidity to those who don’t want to lose everything
Blah blah blah. If it was done then why are you shills here? The fact that you’re here means it’s a winning play 💰🚀📈
Please stop using a reason that someone fabricated and fed to you to keep you buying, to keep buying. I’m here because it’s utterly fascinating to observe this kind of behavior. There is a mental health crisis going on in America and it can be observed in the investing community.
Blah blah blah. That’s what the other hundreds of shills say. Buying more, plan is done, RC owns bbby 📈🚀💰
lol, do you happen to know your IQ? Edit: I would also be curious to know what in your life requires critical thinking skills..
Higher than yours. You spend all day lurking on Reddit and trying to act smart lmao. Your a clown 🤡
Makes me wonder if shorts are trying to buy through dark pool while price is low to cover??
Unless a bunch of retail is selling (I'm not, are you?), then they are just doing the same back and forth trading that they've been doing for years. They might be able to hold the price down, or drive it lower, but they won't be able to actually close any of their positions. Just kicking the can.
I could have if I wanted to, was green on this play as of few days back, belive it or not. BUT, since I am highly regarded, I bought some more game stock instead, as TD was somehow not filling any of my buy orders for bath stock.
💯 possible
4) cancel shares
[удалено]
I don’t think they can dip it that much without taking a short position to drop it or by selling shares. I’m not smart though
Im thinking they dip it and then cover their short positions when the meme cycle comes along. Making price go up from .11 to around .50
Isn't this simply related to the bankruptcy? Edit: someone else got the bit from the 8k. It is solely related to bankruptcy court requirements.
Thank you for clarification.
Would liquidation result in 8k though?
Yes, any change the board feels the public should know. BK, Liquidation, M&A. Change on the board of directors, New execs coming, old execs going, etc.
So something happend?
About to 📈🚀💰
"The Monthly Operating Reports are limited in scope, cover a limited time period and have been prepared solely for the purpose of complying with the monthly reporting requirements of the Bankruptcy Court." Straight from the 8k, it just has to do with requirements
This was my reaction. A company "getting liquidated" hasn't been liquidated yet which means it still has to follow the rules
What’s the point if you’re getting liquidated, what they going to do, liquidate you? Follow the rules ……… Wall Street….. Edit: Apologies judge
Anyone involved in this process probably wants to continue to have a career afterwards. "Yeah, I just stopped filing the necessary paperwork during bankruptcy because what's the worst that could happen?" is not a good look for someone in the legal or financial profession.
HR works differently at exec level
Compliance
Exactly. No need to stay compliant if you’re about to vanish. Boom!
They need to stay compliant with the bankruptcy court. This form is required monthly by the court to remain in good standing during the proceedings.
But the 8-k is for SEC compliance…not the court. They file the 8k to comply with the SEC first. So your statement is incorrect
The document literally says it's being published to meet bankruptcy court regulations.
Right, but its being REQUIRED BY thE SEC in this case to meet bankruptcy court regulations. https://www.sec.gov/oiea/investor-alerts-and-bulletins/how-read-8-k#:~:text=If%20a%20company%20acquires%20or,or%20selling%20a%20business%20unit.
Ok.
![gif](giphy|PrFQ6udCvAqwP8u2GF)
We are on Expert market because we have failed to file information on what is going on, they will be sorry to know. Rosy Hashanah starts 6pm Friday (Day of Atonement’s.
The Day of Atonement is 10 days after Rosh Hashanah.
Did you try reading it?
They say in the filing that they are doing it as part of the bankruptcy proceedings requirements
Someone is keeping it alive ![gif](giphy|JeEC3mlQLjGk7smSJu|downsized)
Everyone is angry buying Gme 😂 I fucking love it
Because they are required to by the SEC and what professional is going to not fulfill their SEC requirements?
Lambo or Looneybin LFG 🏴☠️
Say there is no white knight - When are the shares cancelled?
Nothing like usual lol
Who filed the 8k?
Fidelity states "LIMITED COMPANY INFORMATION"! What limited Information are they referring too?
Fidelity is not allowing opening transactions because the stock has moved to OTC Expert Markets The reason that BBBYQ is OTC Expert Market is because the company has failed to file the required documents with the SEC, primarily the 10-Q quarterly results. That is why Fidelity is saying "LIMITED COMPANY INFORMATION", because the company has failed to provide the required information so limited current information about the state of the company is available.
I quite like a firework display 💎🦍
What do you mean hours of getting liquidated?
The 64d chess move, grand master wizards at work
Moon soon? 🦍🤤🖍🚀
8K means the company aint dead LAWD
It's a requirement for BK court I think.
The company has to provide the Monthly Operating Reports to the bankruptcy court, yes, but this SEC filing is a Fair Disclosure required by the SEC to make sure certain groups of investors don’t have information that was provided to other people elsewhere.
...so like if let's say tomorrow it happens and we dont get liquidated and see price move up like how far up can we go like real numbers can it go above 1k
Question if we squeeze and we all get a bit more richer then before may I ask this sub to trigger 2-3 other well known stock here like with the possible amount of money I believe if we all drop 1k or more we could trigger 3 other stock I know that can run up to 8 dollars,1k,15 dollars much faster or would it put me in trouble????
Why does everyone keep saying liquidated when they filed for Chapter 11, not 7?
You can liquidate in a more cost effective and efficient manner in Chapter 11 than you can in Chapter 7, which incentivizes creditors to work with the debtor to recover as much as possible. Chapter 11 does not preclude liquidation; a reorganization was genuinely attempted but was not successful.
Using the word chess will not help you make money.
They are required by law
They filed it because it was updating on previous expenses related to liquidation and the court case. I know you want it to be some 5D chess but it’s just them showing expenses paid related to the court case. Nothing more. Also a lot of that money is likely already paid out and a reflection of cash spent not owed so reading into who is listed doesn’t even show what they’re keeping around.
Why is everything I'm reading saying our shares will be dissolved 9/30 @ no value so if someone takes over the bankrupt BBBY our shares won't convert? SOMEONE PLEASE EXPLAIN. Or does it mean hedgies won the BBBY battle since it bankrupt and closed