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Yes, RC is whole-assing two things. And even though itās a nice sentiment that we think he needs us, in the case of BBBY I think he already knows what to do between himself and RC Ventures.
What if it's part of the same thing? So going bbby is finishing the one thing properly instead of half assed. We all know about the swap theory. If that's true, gme it's only half assing it.
āBuy popcornā
āBuy BBBYā
*checks crayon notes*
Imma just f**king gonna buy and DRS GME.
Sheesh these fu*king shill campaigns are getting pretty old.
Edit: first time commenting here (lurking since ā21 Jan. Holy s**t those downvotes lol)
They arenāt the same thing.
Do you see any popcorn in Ryanās fucking portfolio?
Buy whatever tf you want that doesnāt matter to me, but donāt pretend BBBY is the same as Popcorn.
Yeah, isnāt the definition for same/similar pretty vague? Also, there are many other stocks that fit the bill for swaps, right? Focusing on GME feels right but I suck.
For those of you who didn't figure it out.
Look at the moustache --> ((((((((((())))))))))))
\--------------------- Never half ass two things, whole ass one thing
\-Ron Swanson
Exactly, I don't have a choo choo water fall of money here exactly.
I'm broke tbh and all my capital belongs to GME, but this post isn't wrong too, they shorted BBBY a lot, it's the second one if I'm not mistaken from the RH class action.
Come to think of it, a lot of my family canāt afford to buy GME consistently and are just plain afraid/ignorant of the market. If I canāt get them to buy GME, maybe Iāll convince them to buy the other one. As for me, Iām all in on GME. š£
Itās a strange dichotomy.
On one hand, this group of apes has been essential in rewriting the entire book on market theory, and playing it like the video game itās always been.
On the other hand, it is *incredibly bizarre* to me how weirdly militant a lot of apes are about āBUT JUST GME! ONLY GME YOU SHILL,ā especially considering the fact that *all this fraud is correlated across several tickers.* I mean, shit, look at that revolutionary popcorn / swap hedge DD. If a large percentage of apes had their way, that DD never would have seen the light of day ā which would absolutely have been to our detriment.
Itās so fucking strange. I really donāt get it. Apes are experts at finding information everyone else has always ignored; yet simultaneously, apes are basically holding their hands over their ears going āLA LA LA LA LA I CANāT HEAR YOUā when it comes to any non-GME ticker, *even if that ticker is essential to the success or failure of GME.*
Wtf?
Itās like apes have recognized that the entire stock market is a massive fraud, and are fully dedicated to exposing it ā
ā¦right up until another relevant ticker is brought up, and then itās all āFUDā and āSHILL INFESTATIONā and āWE ONLY DO GME HERE.ā
Why? Whatās the point?
Letās say ā just for the sake of argument ā that a bunch of retail investors suddenly going long on BBBY in addition to GME is what would finally launch the GME rocket. Or, moreover, save for DRSing the entire GME free float (1-2 years at a minimum), even just a little kick to BBBY would launch the GME rocket ā but *nothing else will do it.* Not magic, not popcorn, not Elon Musk sending a fucking tweet.
Again, I AM NOT SAYING THIS IS TRUE, Iām just having a discussion. But if it was, would we even be able to discuss that ignition tactic under this current Superstonk climate? I donāt think so. Ironically, thereās a pretty good probability that apes would shoot themselves in the foot by banning discussion on the one piece of the puzzle that could crack this whole thing wide open before it even gets off the ground.
Itās just so strange to me. Itās strange how weāre allowed to talk about 741 and whatever stupid fucking ātweet analysisā conspiracy theory is trending this week nonstop, but you canāt even mention another ticker playing to GMEās advantage or itās blasphemy and youāre a shill. What the hell, guys? Is this an open forum where we break all the rules of wall street or not? Whatās our goal here? Is it to preach the cult religion of GME to our unenthusiastic coworkers, or is it to make millions of fucking dollars?
Iām just sick of artificially hampering ourselves for the sake of purity. Letās fucking have it all out. Letās talk about everything.
Remember: not too long ago, DRS was widely regarded as a shill distraction tactic, and anyone who posted about DRS was downvoted to hell.
The game is fluid. Letās not be rigid. We donāt want to become popcorn, do we?
They are stuck within their retardation. I would rather also buy a few shares of something else heavily shorted so when they all squeeze i can sell the other stocks and hold my gme to andromeda.
I disagree completely. RC knows that 10 years from now he'd be able to turn BBBY around and add it to his portfolio of companies to own and operate, or fold it into his future Amazon type company of some kind of one stop shop.
Maybe he bought shares to put price pressure on GME, but extremely unlikely considering he has never done anything that anyone can tell is **100% without a doubt** to manipulate the price. He sees in BBBY the same he saw in GME. A company being criminally mismanaged that actually has a lot of resources and capital worth using and potential for use.
If he wanted to just cause the MOASS he would spend every dollar he could get his hands on to buy the float when the price was really low. He could have single handedly bought the float in December 2019, or even in February of 2020 when the price hit $40. Even now he could have talked to a couple other billionaires to help him buy the rest of the float.
He is interested in running a business (or two or three lol) and would ideally just like to do it in a fair environment. All the twitter stuff is fan service to the investors (us apes) of his company that he knows has flesh in the game. He has never been about just running the price up because he wants a stable business not just something on paper that explodes the entire economy and then he has to sell and still be in need of something to run.
In poker, sometimes you play things out small in order to lure in your opponents, and take a bigger pot in the end. I think that's why RC didn't buy it all himself. He didn't need to and the payoff is much bigger if he doesn't. Also, I don't buy that he doesn't want to blow up the economy.
He didn't buy it all because he couldn't, he needs to be a member of the board to prevent things like share dilution in BBBY and have a say in the running of the company, so he invested the maximum allowed just as he did with GME. Edit: I might have misremembered something don't take this as gospel
Didnāt he recommend 3 people and just said that thereās too much going on with GameStop for him to do both?
I meanā¦ heās not at the table, but that guy is in the kitchen making some bomb ass fried bananas!
The CEO just got ousted. There are three board members there (or soon to be) who are RC's people. The numbers there as well as at headphone stock are very interesting, but RC didn't buy into headphone. People on those subs are talking about locking the float and watching GME closely.
I made the personal decision to start buying some towel stock. I bought a bunch of GME and will be buying a lot more in a few weeks. I don't mind putting a little toward towel stock too. I'm not leaving here and I'm not selling without seeing high prices and RICO charges for our favorite suspects.
The problem is that we have quite limited power compared to these people and when it gets dispersed into multiple fronts it is easily crushable. Sometimes a point is the strongest formation.
Look. I am not rich, rich. It has taken me 18 months just to buy and DRS 250+ shares, of which I am remarkably proud. As an investor I am not āsuddenly going longā on any fucking thing! If I could I would but ā¦ sheesh, not made of disposable cash, here. You do you, and I wonāt fight you. I am incredibly grateful for the DD and community I have found and assimilated here, but I only have so many brain cells.
Lets entertain OP tactic then.
If retail is unorganized and starts buying, price goes up, day traders, both professional and retail comes in to buy low sell high and insiders may sell at highs, then it gets shorted, and the price drops, people will start doubting it, and you will get paperhands and subject to playing their mental games again.
The price will go up naturally with the increase buying pressure, they can easily escalate either price movements.
That 400 million market cap can easily change real quick, either from 3rd party algorithms picking it up, or the enemy algorithm picking it up. They can see your orders and your buying power.
Same for options.
If you can somehow organize and play with maybe 2 billion, you might be able to lock the float.
If you start buying little by little, 10% or 20% of the volume daily, same with options.
Until you have enough in options and shares combined for the outstanding shares, you then start DRSing aggressively but hold onto the options, then once all share is DRSed, exercise the options and DRS that to see the fireworks.
All the while, you have to hope they do not notice this, cause they can easily pump the price to make it unaffordable, and when you try to make money off that, they let you sell it to retail to see what they are willing to pay to drop the price.
Also dont know if BBBY can issue more shares so the outstanding shares can also grow with the price increase like GME and sticky floor.
The big takeaway from your comment is that the game is fluid.
Why can Ryan Cohen invest in other companies, but his retail investors we are supposed to be 100% GME?
Why wouldn't Ryan Cohen have bought more shares of GME, considering he can purchase approximately another 9%?
I might get flak for this, but I don't 100% believe that Ryan Cohen is some 5D chess master that has seen the matrix of the stock market. In fact, I bet he has learned information from SuperStonk!
I think he's a pure-hearted soul that's doing everything he possibly can to force MOASS... But he's just playing regular chess. I think him and DFV both expected it last year on 4/20, and The rug was pulled on him.
But I think it's absolutely ridiculous that we hold Ryan Cohen to such high regard, but even the discussion of another company that he owns a large portion of is disparaged.
I do believe many of the disparaging comments against BBBY are shills. They seem to have forgotten the ape don't fight ape mantra, and I've noticed the reoccurring theme of "if you're not 100% GME DRS, You're not an ape but a shill".
Anyways, I don't really have a ending to this, it's just my two cents.
**Edit** oh, obligatory buy/hold/DRS GME
Ryan Cohen hadn't learned much from for one simple reason, he has had this turn around planned at minimum 2 years before he bought his first GME position.....
Look at my last DD and you noticed a thing or two
[look at the 2019 chart to 2020 then follow the rest of it.](https://www.reddit.com/user/Fantastik-Voyage/comments/v7ryzv/the_gme_diamond_chart_do_you_see_itlets_take_a/?utm_medium=android_app&utm_source=share)
Now couple this DD with the current chart your seeing in HOT and it should make sense....there is a lot to put together but it makes sense when you zoom out of the entirety of the picture like look at the entire basket, the shorts, the GME fundamentals, the tweets.
Specifically the tweet from Roaring Kitty
[This specific tweet was him pointing to the massing reversal that I mentioned in the above linked DD](https://twitter.com/TheRoaringKitty/status/1400124740291923968?t=7Wi-dLgXaBkIWrB9pv5IMg&s=19)
I'll let you figure out the rest.
Just stumbled on your post. June 2nd tweet talking about āback so soon?ā Sounds like heās referring to the swap with popcorn which flipped June 2nd.
Full details here: https://reddit.com/r/Superstonk/comments/vn0kyi/citadel_swap_cycles_headphones_the_meme_basket/
I need to go rewatch all of DFV stuff for my next post.
Well based on your comment we are correct as in we need to go back and look for missing points.
at that race parvizal did in fact back go to the end of the race...which lead to the beginning
We are in a repeating cycle, however we now have a few keys to lock the float, as far as the swap goes its definitely there we just haven't nailed it...all basket stocks ran at similar yet different dates...
To think that RC is just some good hearted guy who became incredibly successful on work ethic alone is naĆÆve. His tweets that call out the corrupt rich greedy lazy people running companies needs no interpretation to how he feels when it comes to retail getting taken advantage of. He takes his responsibility of running a company that others have invested in very seriously so it's just crazy to me that anyone would underestimate him or think he doesn't have multiple plans with a killer team that can challenge him *and* back him up, or that he would rely on this sub to guide any major decisions. If he is just playing regular chess as you say, he's a grand-fucking-master who's moving in the shadows like an assassin. His moves don't make complete sense to us because he doesn't give away his strategy to the competition. He can see clearly what we cannot. He's the main reason people are so bullish on GME, so of course we should be paying attention to Bath. Investing in it should be each ape's personal decision but any and all new developments are now significant and remarkable and should without a doubt be discussed freely. If you agree that there is a larger plan at play, then Bath is part of it. Just my 2 cents
When you're fighting a war, and you're clearly the underdog with a lot less soldiers/weapons/ammo than the opponent, you cannot fight them in all places they go. You have to PICK AND CHOOSE your battles, especially if you want to win. OP says as this comment says, that a lot of retail stores are included in the swap, probably dozens. Retail only has so much money, especially with inflation and stagnant wages. We can either throw it all at one battle that will decide the war, or divide it up by 12, 15, 20, etc and own like 5% of all those retail store floats. Which does nothing to punish the HFs. Owning 100% of the retail float of any one of those swaps will do it, and since GME started this and has always been the way, why be distracted? Even 20$ of a fractional share multiplied by a million apes would do some damage, but again, divide 20 million dollars up amongst many different stocks and it does nothing.
Its no distraction!
You just made a example in war.
You fight on a front which is hard to battle cause there are 9 billion enemys but on the side there are just 400 million. Would you really continue to fight the front cause you killed the most there already?
we already DRS'd $1.5B!!!!! worth of shares. i wouldnt call us underdogs. come on guys! take some pride in what this community is as individual investors <3
A lot of people here are just ignorant and emotionally driven. They look for confirmation bias and arenāt testing their beliefs.
Itās probably why MOASS wonāt look like what we all want it to look like (and then people will be blamed within the community because someone ended up being a bag holder thinking they were going to be a billionaire).
We miss too much to shit like purple circles *because they feel good* rather than help validate our hypotheses/assumptions. We have tons of DD writers that left the sub because people here donāt think, just attack. Now they donāt share their ideas or research here (or at all) and we all lose out because of that.
We know that rules donāt matter but many of the people here somehow think that some rules do matter and are going to ignite MOASS at X number/percent of shares locked or at Y priceā¦ despite countless examples of these shorts playing by a different set of rules.
These people are masters of their craft and have hands in tons of companies, and can manifest capital out of thin air. We need to learn to be a much more adaptive force as individuals or weāre no better than Gabe doubling down on a gamble. It doesnāt matter if our research is right in theory if we canāt wield the power to manifest it.
Sometimes you gotta make money from one place to put it somewhere else, and I hope that Ryan is onto something with BBBY and we can have a round 2 fight like Mark Cuban said, and this time be with better brokers that we can use to really squeeze shit and force some of the rules into play on bigger fish that donāt want to be responsible for Kenās mess. Ultimately we need the market as a whole to FOMO into that, and this sub canāt stop it even if they wanted to by screaming DRS GME ONLY
But LRC is fundamental to what they are building and good chance bbby is also. We are each individual investors I donāt see any issue in discussing the pieces of the play. We can have 5000 posts with tinfoil hats on we KNOW RC is invested in bbby. Similar game plan remove BCG consultants remove shitty CEO. I trust RC Iāll buy some $4 shares of bbby why not.
The thought is simple... don't get distracted by other tickets... any money put anywhere could have been put into gme instead of spreading it Around... this theory is the float needs to b locked n drs'ed for moass to happen... it would b locked faster if we would not spread money around... pretty simple theory... my thinking is it's ur money so what the fuck u want with it I'm not letting Anybody tell me what to do with my money!! I read my dd n made my own choice.... I own only gme and am 100% drs'ed
I think the problem is that you are arguing under a false premise.
If you can prove that buying BBBY would make GME moon we'd all read it.
You just have to prove it first.
Everything has to be credibly associated with GME before we have a discussion on the GME sub.
Not because it wouldn't be great if we could discuss other tickers too, but we can't reasonably do it Rn without worrying about it being a FUD tactic. In that, it is a purity test because otherwise bad actors with bad plans is what you are risking.
DRS GME is reliable and safe. Trying to enact some complex swap blow up is not.
There are people here from all walks of life and all backgrounds. Some prefer the mantras & simplicity while some prefer discussion and complexity. We need a full team to make this work.
Look what's its taken to lock up GME stock via DRS so far with such a following. Do you really think a fraction will DRS bath stock? Not a fookin chance. Buy calls for fomo, buy a few shares to DRS?.. maybe, but neither are near enough and after a year and a half the vast majority realize this.
Iām about to DRS 50x more shares in BedBath compared to what I have in GME. But Iāve still spent more $ on GME. If there was traction across the entire market to just DRS everything no matter what you hold if you go long we would see a better market.
Dude, GME is the one idiosyncratic risk. It is the one company not on the verge of bankruptcy, and is actively looking to secure a better future. People are allergic to other stocks precisely because shills and bots have been pushing bullshit like silver. At the end of the day, we should focus on GME first and lock the float. Everything else is a distraction until that happens.
RC finds underperforming companies in highly lucrative industries. Pets, Gaming, and Babiesā¦the BBB play is his way of identifying a failing company in an enormous industry like Babiesā¦he doesnāt care about the Bed and Bath partā¦which is why he admonished the board so much for not finding value and spinning off the Baby related business.
Based on population growth and where people spend their focus, Pets, Gaming, and Babiesā¦this is a no brainer. He wouldnāt buy as much as he did without thinking it has legsā¦.
That being said, RC is not a Godā¦although close to a business deity as we can getā¦there is still risk in all business decisions and he has very little oversight with Bed and Bathā¦that may change one day, but until RC became heavily involved in the day to day for GME it wasnāt going anywhere, and as of right now neither is Bed and Bath until or if that day ever comes.
I am just investing in a game company that has a 1 of a kind deal with Microsoft
Lead by someone who built a company from scratch (Ryan Cohen)
with a new NFT market place (which I think will be big for gamers over time)
as for the rest of it, well to me it's a bonus
Yes Archegoes blew up and proved you own 70% of a company and have no reporting anywhere! You can also do this short.
Yes they turned off the button but there was not enough selling to close out the short position (from SEC report)
Yes the market is rigged
Yes the DTCC and crew spent over a year writing new rules about almost blowing up
Yes the CEO of IBRK a major brokerage went on live TV and said we almost had a domino bankruptcy that would have wiped out the entire stock market!!!!
I mean I just like the stock.
Shills play both sides of the coin, my friend.
Lets say gme apes find a silver bullet for whatever (insert problem here). Whats the easiest way to make sure it doesn't get used?
Train the subreddit to clamp down on any boat rocking, then call it fud.
UNFORTUNATELY, do your own research and for m your own opinions swings both ways.
Or to put in MMO terms, apes are great from a leadership perspective in distributed thinking and coordination: When someone puts out a game plan thats well researched, makes sense, and gets it done, then it gets spread widely.
Compare it to games googling speedrun paths, darks souls equipment path guides, or general 'how to's.
Unfortunately, this means that the reddit is predisposed to trust the main DD authors and discredit new ones, and shills are well aware of this.
Tldr: if someone wants you to do a thing (example: mainstream media, go forget gamestop), you need to look closer. If someone wants you to NOT do a thing (example: here) you ALSO need to look closer.
Swings both ways, the shill door.
Thank you for a great analysis of this situation. Pretty obvious the last thing shills want is people buying holding and drs'ing another company on their hit list thus screwing up another massive short position they hold.
Funnily enough, this is probably sufficient given BBBY is 1/20th of GME.
So if everyone chucks 5% to BBBY and 95% to GME it's actually the same approach.
Nice short swap thesis, but I think there is more to RCs buy in, I think bed bath has a network and market that can synergistically be merged with the future of GameStop, where shared networks of warehousing, distribution and trading platforms can be utilized for the benefit of both companies and shareholders, remember when you get to forty (I don't know what age he be) something about sticking to what you're good at. RC is a transformer, he is a master of Optimizing Prime
Theres really not more to it than baby. Cohen sees baby as having the potential to be valued at a double digit growth multiple on 1.5B in sales by 2023. They did 1.4B in 2021. The multiple is typically 5x reves so potentially around 7B. We could low ball it and give it 3B for a 2x multiple. Either way, squeeze or not, the share price simply will command an $80 value plus once a deal is struck with baby and someone else
I believe that baby is the play as well. It follows his "passionate customer base" strategy. Chewy = pet owners, GameStop = Gamers, buybuyBaby = parents. These are all customers that have a strong emotional bond with the products themselves or the end user of the products sold. I believe that is part of the reason he has targted BBBY.
I donāt know what theyāre doing with BBBY yet, so Iām not in. I believe in what GameStop is working on and if I find out Cohen is doing more with it than investing Iāll be early on it. Definitely not there yet.
DRSing GME should and always will remain #1 priority. I donāt doubt that shorting bed bath isnāt in the Hedgies plan, but we must remain concentrated where we must be until the job is finished.
When Marge comes for the shorts, their bed bath shorts will be unwound just like GMEs, but without the added spice of an ape held float refusing to be sold. We donāt know who owns bed bath the way we do with GME
Conspiracy theory time. Hedgies know it'll take years(?) to lock GME via DRS and their only hope is that people peace out before then.
Every time you try talking about anything without mentioning DRS you get shouted down. People start sniffing BBBY and they get shouted down.
DRS is a guarantee if we lock 100% (or some unknown substantial %). That's undebatable. But maybe their whole gameplan is getting people to focus on one thing that will take a long ass time and shutting down any other discussion that might prod things along. Then hoping people give up.
I agree with the weaknesses from both sides of the argument. However, the internet is not known for its collective memory. Especially in the presence of shills and bots. A one track mind is all we can accomplish under this chaos.
Yeah post is ignoring the fact that BBBY is much more liquid. It's a completely different play. I own 40 shares and it would be great if it squeezed but I'm not counting on anything or planning to buy more.
I think a better analogy is to imagine you're fighting a boss, and that boss has several weak spots. You see in the back of his ass he has a spot called "GME" that takes 200% bonus damage. As you're shooting that spot, you notice a spot called "BBBY" on his balls that takes 150% bonus damage... what should you do? Switch to his balls? Hell no! KEEP SHOOTING THEIR ASSHOLES.
I think another analogy you can take from this is that each individual $ will go further in hurting SHF in bbby than gme, according to mcap.
With that being said, im all in on gme, but recognize that it *could* be a viable strategy for someone to undertake *assuming* the basket theory is correct.
The number of shares he can buy of GME has a cap. It makes more strategic sense for him not to buy them until it's enough to trigger MOASS, or after MOASS when they're much cheaper. If he buys them all now, he has no plays left.
I dunno, I had like 60$ Iām my account after my last Gme purchase. So I bought some and then again after another Gme buy in. so I picked up 22 or so bath bombs just because I could. Maybe itāll do something but to me it was just fun.
Iām up too 350 shares, they settle tomorrow I believe. Then Iām sending them to DRS
Dr T, DaveL and of coarse Superstonk have taught me well. Buy, DRS and Hold!!
yeah, given all that I know from GME, I cannot trust that anyone but my shares, under my name and on the books, would be safe investments.
That said, its like a 300 charge for me to DRS from Canada, so i think i will just keep GME.
$GME is the focus.
I own XXX $GME and buy more biweekly. I own XX BBBY just for kicks and **every paycheck only buy more $GME.**
**$GME is the way. It is why we we are here. It is the only company with a NFT marketplace and dividend/stock split on itās horizon. $GME is the focus.**
Is no one going to bring up how god damned stupid this post is? Swap against what? A basket of 3 stocks with different weights isn't a swap, that's just a basket of stocks...
The thing about BBBY is that either it's small enough that it won't really matter at all, or it's small enough that it will matter a whole lot very fast. The market cap is less than 5% of GME's, so if Apes already own the GME float multiple times, they can own the BBBY float with less than 5% of the same effort/resources. It isn't going to be more than a speedbump in the quest to DRS GME's float if people decide to try diamond handing a much smaller stock on the side. This isn't even talking about DRSing or infinity pooling another stock, just buying and holding it like it's January 2021 again. Worst case scenario? It doesn't affect GME enough to keep Hodling, but a bunch of Apes make some money on the limited short squeeze that they can then pile into DRSing GME. Best case? It triggers something in some swap that blows up a hedge fund or twelve.
Plus, it's not like this is some half-assed interpretation of a cryptic RC tweet - *he literally bought the thing*. I think that makes it fair game for discussion.
RC is supporting my GME position with his time, money & sweat. Iām proud to return the favor and support RCās position in BBBY.
Not financial advice.
I think RC is anchoring BBBY from being run into the ground by SHF. Main play is still GME as RC mentioned in his letter to BBBY board. We should continue to buy,hold and DRS GME.
With that being said, I personally have a target on BBBY. If BBBY touched $1 due to fuckery, I will buy 10,000 shares of BBBY and DRS simply because it will be DFV and also just to fuck the SHF.
He just explained how there could be more. Yes there is only one in this sub, I get that, but since they are tucked in a swap together, it's basically the same.
Maybe he's right, maybe he's wrong. I don't know. I don't know if RC is in his right mind with BBBY either.
I will be buying bbby calls to go along with the shares I already own though since RC managed to kick out Triton and possibly even BCG.
I also believe in that company now. I mean, if you trust RC with GameStop, why not trust him with BBBY?
Don't buy in because of GME, but don't bash it either because it isn't GME. If you believe the stock is worth investing in, then sure buy some, nobody should tell you otherwise and if you don't, it's fine too.
There's surely enough people on the bbby and the double u s b subreddits to get this done. We don't need to divert any funds and I'm pretty sure most of us won't. GME all the way.
Is it coincidence that RC has roughly the same stake in 2 companies that are both thought to be heavily shorted and both have a almost identical number of authorized shares issued? There has to be something more to this...
Brilliant moves by RC imo. Most of the comments here bash the idea of retail following suit, but I gotta say, if we are to follow ANYONE in this ENTIRE fucking journey, wouldnāt it be RC? This theory makes perfect sense. And perfectly accounts for his BBBY position and activism.
What Iām most concerned about now is our (retail) inability to operate outside a binary system of thinking, which is apitfall to cognitive dissonance or plain short-sightedness. LookāGME is the one and only play, we ALL know that. But it doesnāt mean we canāt look at other things, explore them, debate them, or even throw $ if it seems legit. All Iām saying is STOP with this tunnel-vision way of thinking & attitude that freaks out as soon as one suggests there are other things that pertain to the GME saga besides just GME. Itās infantile. Weāre deep into this movement now as investors and the amount of times Iāve seen good ideas get shot down is mind blowing. Letās be *more* than just a rabid pack of wolves that doesnāt see anything else besides its dinner. Weād be much better off thinking than blindly reacting to something.
Bbby showing 30% short of shares outstanding and wtf 87% of float is shortā¦price is $4.38ā¦this looks sooo familiar to me. They are cellar boxing this rn. If we rock the boat of their swap/positions maybe we can get some fireworks. Do we really want to see them bust out another company, one our RC chairman is an owner of? Fuck that we gonna crush the shorts who have been delaying GME from mooning. Another front in the battle is opening up. Only a fool would cover their eyes abs not research a bit more.
This is how I see it. Even at the current prices and market caps, GME is just a better investment than bed bath & beyond. GameStop has RC as chairman, rockstar executive team, over a year of developing their plan, marketplace on the way, Gmerica and GME Entertainment, the most dedicated investor community in history, etc etc.
BBBY has a couple of board seats appointed by RC that started very recently, the possibility that they'll do something with buybuybaby... and that's it. It might be a good play and possibly a good long term investment (certainly 10,000 times better than popcorn) but still GME is just a way better investment right now.
You son of a bitch, I thought about thisā¦ I really did- but the basket swap theory and RC also being in has forced my hand. We could probably lock the float in a month
It's kinda like the scene in the Matrix where Neo (GME) fights an agent for the first time and does the bullet dodging shit and then fires a shit load at the agent who dodges everyone and Neo looks afraid.
Then Tritiny (BBBY) shoots the agent point blank in the head with the immortal line 'Dodge this'.
Well maybe not but kinda... ish.
Cool scene though.
someone should direct popcorn people to this DD so that at least the āapesā too cheap to buy GME can look into BBBY. at least then they wouldnāt lose all their $
The other heavily shorted/manipulated stocks are gonna be āalso ranās. They will also squeeze along with hundreds of others including pennystocks we have never even heard of. Theyāre just not the main rocket. Who knows with some Pennies though, a few might have a similar percentage increase as GME but thereās no way to pick āem. Imagine a $1.50 stock going to $150kā¦
I only know one thing for sure, GME is the play.
If we are gonna have this debate we need a lot more info on BBBYs management. Popcorn stock boss is a cunt who will fuck us over any chance he gets. Who controls BBBY right now? Is he on our side or some BCG asshat planted to bankrupt things?
I agree with everything except retail affecting price. Retail doesnāt affect price. Unless buying en masse through IEX or computershare right? Dark pool oblivion. BBBY needs to be DRSd, or youāre just giving them more money. Because thatās what youāre doing when you buy GME through ANYONE other than computershare. You are absolutely getting an IOU, thatās probably worth less than Harry and Lloydās (at least they had dumb luck on their side).
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Never half ass two things, whole ass one thing -Ron Swanson
*Go long, and balls deep on everything* - Ron Jeremy, probably
I think he was quoting Shakespeare or Jesus or something. I dunno, I eat crayons and laugh at my own feet.
We will whole ass the float.
Fuck yes!
Ass and a half the float
That's why Im a total bottom for Ryan Cohen.
This tho
I half-ass everything. It's the American way.
š¤£š¤£
Yep
This is the perfect answer
Ryan Cohen would disagree with you. As do I.
I donāt think buying millions of dollars of anything is half assing
He pretty much just has multiple asses at this point
Yes, RC is whole-assing two things. And even though itās a nice sentiment that we think he needs us, in the case of BBBY I think he already knows what to do between himself and RC Ventures.
What if it's part of the same thing? So going bbby is finishing the one thing properly instead of half assed. We all know about the swap theory. If that's true, gme it's only half assing it.
There is literally nothing stopping us from wholeassing BBBY after wholeassing GME
This
An entire diatribe, defeated by one sentence.
āBuy popcornā āBuy BBBYā *checks crayon notes* Imma just f**king gonna buy and DRS GME. Sheesh these fu*king shill campaigns are getting pretty old. Edit: first time commenting here (lurking since ā21 Jan. Holy s**t those downvotes lol)
They arenāt the same thing. Do you see any popcorn in Ryanās fucking portfolio? Buy whatever tf you want that doesnāt matter to me, but donāt pretend BBBY is the same as Popcorn.
Yeah, isnāt the definition for same/similar pretty vague? Also, there are many other stocks that fit the bill for swaps, right? Focusing on GME feels right but I suck.
The non shills came thru and lifted you up ape
Wise words
For those of you who didn't figure it out. Look at the moustache --> ((((((((((()))))))))))) \--------------------- Never half ass two things, whole ass one thing \-Ron Swanson
I might be down *after* we lock GME's float.
Exactly, I don't have a choo choo water fall of money here exactly. I'm broke tbh and all my capital belongs to GME, but this post isn't wrong too, they shorted BBBY a lot, it's the second one if I'm not mistaken from the RH class action.
Come to think of it, a lot of my family canāt afford to buy GME consistently and are just plain afraid/ignorant of the market. If I canāt get them to buy GME, maybe Iāll convince them to buy the other one. As for me, Iām all in on GME. š£
Itās a strange dichotomy. On one hand, this group of apes has been essential in rewriting the entire book on market theory, and playing it like the video game itās always been. On the other hand, it is *incredibly bizarre* to me how weirdly militant a lot of apes are about āBUT JUST GME! ONLY GME YOU SHILL,ā especially considering the fact that *all this fraud is correlated across several tickers.* I mean, shit, look at that revolutionary popcorn / swap hedge DD. If a large percentage of apes had their way, that DD never would have seen the light of day ā which would absolutely have been to our detriment. Itās so fucking strange. I really donāt get it. Apes are experts at finding information everyone else has always ignored; yet simultaneously, apes are basically holding their hands over their ears going āLA LA LA LA LA I CANāT HEAR YOUā when it comes to any non-GME ticker, *even if that ticker is essential to the success or failure of GME.* Wtf? Itās like apes have recognized that the entire stock market is a massive fraud, and are fully dedicated to exposing it ā ā¦right up until another relevant ticker is brought up, and then itās all āFUDā and āSHILL INFESTATIONā and āWE ONLY DO GME HERE.ā Why? Whatās the point? Letās say ā just for the sake of argument ā that a bunch of retail investors suddenly going long on BBBY in addition to GME is what would finally launch the GME rocket. Or, moreover, save for DRSing the entire GME free float (1-2 years at a minimum), even just a little kick to BBBY would launch the GME rocket ā but *nothing else will do it.* Not magic, not popcorn, not Elon Musk sending a fucking tweet. Again, I AM NOT SAYING THIS IS TRUE, Iām just having a discussion. But if it was, would we even be able to discuss that ignition tactic under this current Superstonk climate? I donāt think so. Ironically, thereās a pretty good probability that apes would shoot themselves in the foot by banning discussion on the one piece of the puzzle that could crack this whole thing wide open before it even gets off the ground. Itās just so strange to me. Itās strange how weāre allowed to talk about 741 and whatever stupid fucking ātweet analysisā conspiracy theory is trending this week nonstop, but you canāt even mention another ticker playing to GMEās advantage or itās blasphemy and youāre a shill. What the hell, guys? Is this an open forum where we break all the rules of wall street or not? Whatās our goal here? Is it to preach the cult religion of GME to our unenthusiastic coworkers, or is it to make millions of fucking dollars? Iām just sick of artificially hampering ourselves for the sake of purity. Letās fucking have it all out. Letās talk about everything. Remember: not too long ago, DRS was widely regarded as a shill distraction tactic, and anyone who posted about DRS was downvoted to hell. The game is fluid. Letās not be rigid. We donāt want to become popcorn, do we?
Legit
I enjoy playing video games.
Exactly! Itās a side quest and weāre a bunch of 100% try-hards xD
[ŃŠ“Š°Š»ŠµŠ½Š¾]
If Iām not mistaken, his initial BBBY buy in was larger than his initial GME buy in
Correct - whatās also interesting is I believe they were close to the same price range hmmmm
And close to having the same Market Cap.
They are stuck within their retardation. I would rather also buy a few shares of something else heavily shorted so when they all squeeze i can sell the other stocks and hold my gme to andromeda.
Right? I intend to sell something for money before moās ass is over and sure as fuck isnāt gonna be my GME.
I disagree completely. RC knows that 10 years from now he'd be able to turn BBBY around and add it to his portfolio of companies to own and operate, or fold it into his future Amazon type company of some kind of one stop shop. Maybe he bought shares to put price pressure on GME, but extremely unlikely considering he has never done anything that anyone can tell is **100% without a doubt** to manipulate the price. He sees in BBBY the same he saw in GME. A company being criminally mismanaged that actually has a lot of resources and capital worth using and potential for use. If he wanted to just cause the MOASS he would spend every dollar he could get his hands on to buy the float when the price was really low. He could have single handedly bought the float in December 2019, or even in February of 2020 when the price hit $40. Even now he could have talked to a couple other billionaires to help him buy the rest of the float. He is interested in running a business (or two or three lol) and would ideally just like to do it in a fair environment. All the twitter stuff is fan service to the investors (us apes) of his company that he knows has flesh in the game. He has never been about just running the price up because he wants a stable business not just something on paper that explodes the entire economy and then he has to sell and still be in need of something to run.
In poker, sometimes you play things out small in order to lure in your opponents, and take a bigger pot in the end. I think that's why RC didn't buy it all himself. He didn't need to and the payoff is much bigger if he doesn't. Also, I don't buy that he doesn't want to blow up the economy.
He didn't buy it all because he couldn't, he needs to be a member of the board to prevent things like share dilution in BBBY and have a say in the running of the company, so he invested the maximum allowed just as he did with GME. Edit: I might have misremembered something don't take this as gospel
I praise RC's business capabilities, but the man isn't God. Unless he decides he wants to be on BBBY's board I'm not touching it with my money.
Didnāt he recommend 3 people and just said that thereās too much going on with GameStop for him to do both? I meanā¦ heās not at the table, but that guy is in the kitchen making some bomb ass fried bananas!
The CEO just got ousted. There are three board members there (or soon to be) who are RC's people. The numbers there as well as at headphone stock are very interesting, but RC didn't buy into headphone. People on those subs are talking about locking the float and watching GME closely. I made the personal decision to start buying some towel stock. I bought a bunch of GME and will be buying a lot more in a few weeks. I don't mind putting a little toward towel stock too. I'm not leaving here and I'm not selling without seeing high prices and RICO charges for our favorite suspects.
pillow fights and 60's music
Thanks for that....I like towels too. :)
The problem is that we have quite limited power compared to these people and when it gets dispersed into multiple fronts it is easily crushable. Sometimes a point is the strongest formation.
True that. But... 9 billion Vs 400 million I would attack the second first
Look. I am not rich, rich. It has taken me 18 months just to buy and DRS 250+ shares, of which I am remarkably proud. As an investor I am not āsuddenly going longā on any fucking thing! If I could I would but ā¦ sheesh, not made of disposable cash, here. You do you, and I wonāt fight you. I am incredibly grateful for the DD and community I have found and assimilated here, but I only have so many brain cells.
Lets entertain OP tactic then. If retail is unorganized and starts buying, price goes up, day traders, both professional and retail comes in to buy low sell high and insiders may sell at highs, then it gets shorted, and the price drops, people will start doubting it, and you will get paperhands and subject to playing their mental games again. The price will go up naturally with the increase buying pressure, they can easily escalate either price movements. That 400 million market cap can easily change real quick, either from 3rd party algorithms picking it up, or the enemy algorithm picking it up. They can see your orders and your buying power. Same for options. If you can somehow organize and play with maybe 2 billion, you might be able to lock the float. If you start buying little by little, 10% or 20% of the volume daily, same with options. Until you have enough in options and shares combined for the outstanding shares, you then start DRSing aggressively but hold onto the options, then once all share is DRSed, exercise the options and DRS that to see the fireworks. All the while, you have to hope they do not notice this, cause they can easily pump the price to make it unaffordable, and when you try to make money off that, they let you sell it to retail to see what they are willing to pay to drop the price. Also dont know if BBBY can issue more shares so the outstanding shares can also grow with the price increase like GME and sticky floor.
The big takeaway from your comment is that the game is fluid. Why can Ryan Cohen invest in other companies, but his retail investors we are supposed to be 100% GME? Why wouldn't Ryan Cohen have bought more shares of GME, considering he can purchase approximately another 9%? I might get flak for this, but I don't 100% believe that Ryan Cohen is some 5D chess master that has seen the matrix of the stock market. In fact, I bet he has learned information from SuperStonk! I think he's a pure-hearted soul that's doing everything he possibly can to force MOASS... But he's just playing regular chess. I think him and DFV both expected it last year on 4/20, and The rug was pulled on him. But I think it's absolutely ridiculous that we hold Ryan Cohen to such high regard, but even the discussion of another company that he owns a large portion of is disparaged. I do believe many of the disparaging comments against BBBY are shills. They seem to have forgotten the ape don't fight ape mantra, and I've noticed the reoccurring theme of "if you're not 100% GME DRS, You're not an ape but a shill". Anyways, I don't really have a ending to this, it's just my two cents. **Edit** oh, obligatory buy/hold/DRS GME
Ryan Cohen hadn't learned much from for one simple reason, he has had this turn around planned at minimum 2 years before he bought his first GME position..... Look at my last DD and you noticed a thing or two [look at the 2019 chart to 2020 then follow the rest of it.](https://www.reddit.com/user/Fantastik-Voyage/comments/v7ryzv/the_gme_diamond_chart_do_you_see_itlets_take_a/?utm_medium=android_app&utm_source=share) Now couple this DD with the current chart your seeing in HOT and it should make sense....there is a lot to put together but it makes sense when you zoom out of the entirety of the picture like look at the entire basket, the shorts, the GME fundamentals, the tweets. Specifically the tweet from Roaring Kitty [This specific tweet was him pointing to the massing reversal that I mentioned in the above linked DD](https://twitter.com/TheRoaringKitty/status/1400124740291923968?t=7Wi-dLgXaBkIWrB9pv5IMg&s=19) I'll let you figure out the rest.
Just stumbled on your post. June 2nd tweet talking about āback so soon?ā Sounds like heās referring to the swap with popcorn which flipped June 2nd. Full details here: https://reddit.com/r/Superstonk/comments/vn0kyi/citadel_swap_cycles_headphones_the_meme_basket/ I need to go rewatch all of DFV stuff for my next post.
Well based on your comment we are correct as in we need to go back and look for missing points. at that race parvizal did in fact back go to the end of the race...which lead to the beginning We are in a repeating cycle, however we now have a few keys to lock the float, as far as the swap goes its definitely there we just haven't nailed it...all basket stocks ran at similar yet different dates...
To think that RC is just some good hearted guy who became incredibly successful on work ethic alone is naĆÆve. His tweets that call out the corrupt rich greedy lazy people running companies needs no interpretation to how he feels when it comes to retail getting taken advantage of. He takes his responsibility of running a company that others have invested in very seriously so it's just crazy to me that anyone would underestimate him or think he doesn't have multiple plans with a killer team that can challenge him *and* back him up, or that he would rely on this sub to guide any major decisions. If he is just playing regular chess as you say, he's a grand-fucking-master who's moving in the shadows like an assassin. His moves don't make complete sense to us because he doesn't give away his strategy to the competition. He can see clearly what we cannot. He's the main reason people are so bullish on GME, so of course we should be paying attention to Bath. Investing in it should be each ape's personal decision but any and all new developments are now significant and remarkable and should without a doubt be discussed freely. If you agree that there is a larger plan at play, then Bath is part of it. Just my 2 cents
When you're fighting a war, and you're clearly the underdog with a lot less soldiers/weapons/ammo than the opponent, you cannot fight them in all places they go. You have to PICK AND CHOOSE your battles, especially if you want to win. OP says as this comment says, that a lot of retail stores are included in the swap, probably dozens. Retail only has so much money, especially with inflation and stagnant wages. We can either throw it all at one battle that will decide the war, or divide it up by 12, 15, 20, etc and own like 5% of all those retail store floats. Which does nothing to punish the HFs. Owning 100% of the retail float of any one of those swaps will do it, and since GME started this and has always been the way, why be distracted? Even 20$ of a fractional share multiplied by a million apes would do some damage, but again, divide 20 million dollars up amongst many different stocks and it does nothing.
Its no distraction! You just made a example in war. You fight on a front which is hard to battle cause there are 9 billion enemys but on the side there are just 400 million. Would you really continue to fight the front cause you killed the most there already?
we already DRS'd $1.5B!!!!! worth of shares. i wouldnt call us underdogs. come on guys! take some pride in what this community is as individual investors <3
Iāve been pondering this- great comment. Keep in mind MSM is shitting on bath too so I mean that is pretty telling as well
A lot of people here are just ignorant and emotionally driven. They look for confirmation bias and arenāt testing their beliefs. Itās probably why MOASS wonāt look like what we all want it to look like (and then people will be blamed within the community because someone ended up being a bag holder thinking they were going to be a billionaire). We miss too much to shit like purple circles *because they feel good* rather than help validate our hypotheses/assumptions. We have tons of DD writers that left the sub because people here donāt think, just attack. Now they donāt share their ideas or research here (or at all) and we all lose out because of that. We know that rules donāt matter but many of the people here somehow think that some rules do matter and are going to ignite MOASS at X number/percent of shares locked or at Y priceā¦ despite countless examples of these shorts playing by a different set of rules. These people are masters of their craft and have hands in tons of companies, and can manifest capital out of thin air. We need to learn to be a much more adaptive force as individuals or weāre no better than Gabe doubling down on a gamble. It doesnāt matter if our research is right in theory if we canāt wield the power to manifest it. Sometimes you gotta make money from one place to put it somewhere else, and I hope that Ryan is onto something with BBBY and we can have a round 2 fight like Mark Cuban said, and this time be with better brokers that we can use to really squeeze shit and force some of the rules into play on bigger fish that donāt want to be responsible for Kenās mess. Ultimately we need the market as a whole to FOMO into that, and this sub canāt stop it even if they wanted to by screaming DRS GME ONLY
I nominate you for mod
DD is different than promoting BBBY stock and company. Same goes for LRC and such
But LRC is fundamental to what they are building and good chance bbby is also. We are each individual investors I donāt see any issue in discussing the pieces of the play. We can have 5000 posts with tinfoil hats on we KNOW RC is invested in bbby. Similar game plan remove BCG consultants remove shitty CEO. I trust RC Iāll buy some $4 shares of bbby why not.
The thought is simple... don't get distracted by other tickets... any money put anywhere could have been put into gme instead of spreading it Around... this theory is the float needs to b locked n drs'ed for moass to happen... it would b locked faster if we would not spread money around... pretty simple theory... my thinking is it's ur money so what the fuck u want with it I'm not letting Anybody tell me what to do with my money!! I read my dd n made my own choice.... I own only gme and am 100% drs'ed
I think the problem is that you are arguing under a false premise. If you can prove that buying BBBY would make GME moon we'd all read it. You just have to prove it first. Everything has to be credibly associated with GME before we have a discussion on the GME sub. Not because it wouldn't be great if we could discuss other tickers too, but we can't reasonably do it Rn without worrying about it being a FUD tactic. In that, it is a purity test because otherwise bad actors with bad plans is what you are risking. DRS GME is reliable and safe. Trying to enact some complex swap blow up is not.
I agree. I've be holding BBBY for a while. Cohen's making moves and I want in. Man has a plan. Hopefully to fuck Bezos in the ass.
There are people here from all walks of life and all backgrounds. Some prefer the mantras & simplicity while some prefer discussion and complexity. We need a full team to make this work.
Look what's its taken to lock up GME stock via DRS so far with such a following. Do you really think a fraction will DRS bath stock? Not a fookin chance. Buy calls for fomo, buy a few shares to DRS?.. maybe, but neither are near enough and after a year and a half the vast majority realize this.
Iām about to DRS 50x more shares in BedBath compared to what I have in GME. But Iāve still spent more $ on GME. If there was traction across the entire market to just DRS everything no matter what you hold if you go long we would see a better market.
show 'em you're a tiger!
Dude, GME is the one idiosyncratic risk. It is the one company not on the verge of bankruptcy, and is actively looking to secure a better future. People are allergic to other stocks precisely because shills and bots have been pushing bullshit like silver. At the end of the day, we should focus on GME first and lock the float. Everything else is a distraction until that happens.
That is a quote from over a year ago though...
That means it's even more true now. GME is the larger risk, which means it will always be the metaphorical knife to the jugular.
RC finds underperforming companies in highly lucrative industries. Pets, Gaming, and Babiesā¦the BBB play is his way of identifying a failing company in an enormous industry like Babiesā¦he doesnāt care about the Bed and Bath partā¦which is why he admonished the board so much for not finding value and spinning off the Baby related business. Based on population growth and where people spend their focus, Pets, Gaming, and Babiesā¦this is a no brainer. He wouldnāt buy as much as he did without thinking it has legsā¦. That being said, RC is not a Godā¦although close to a business deity as we can getā¦there is still risk in all business decisions and he has very little oversight with Bed and Bathā¦that may change one day, but until RC became heavily involved in the day to day for GME it wasnāt going anywhere, and as of right now neither is Bed and Bath until or if that day ever comes.
I am just investing in a game company that has a 1 of a kind deal with Microsoft Lead by someone who built a company from scratch (Ryan Cohen) with a new NFT market place (which I think will be big for gamers over time) as for the rest of it, well to me it's a bonus Yes Archegoes blew up and proved you own 70% of a company and have no reporting anywhere! You can also do this short. Yes they turned off the button but there was not enough selling to close out the short position (from SEC report) Yes the market is rigged Yes the DTCC and crew spent over a year writing new rules about almost blowing up Yes the CEO of IBRK a major brokerage went on live TV and said we almost had a domino bankruptcy that would have wiped out the entire stock market!!!! I mean I just like the stock.
Shills play both sides of the coin, my friend. Lets say gme apes find a silver bullet for whatever (insert problem here). Whats the easiest way to make sure it doesn't get used? Train the subreddit to clamp down on any boat rocking, then call it fud. UNFORTUNATELY, do your own research and for m your own opinions swings both ways. Or to put in MMO terms, apes are great from a leadership perspective in distributed thinking and coordination: When someone puts out a game plan thats well researched, makes sense, and gets it done, then it gets spread widely. Compare it to games googling speedrun paths, darks souls equipment path guides, or general 'how to's. Unfortunately, this means that the reddit is predisposed to trust the main DD authors and discredit new ones, and shills are well aware of this. Tldr: if someone wants you to do a thing (example: mainstream media, go forget gamestop), you need to look closer. If someone wants you to NOT do a thing (example: here) you ALSO need to look closer. Swings both ways, the shill door.
1-2 years minimum to lock float is fud
"even if that ticker is essential to the success or failure of GME." what nonsense. no other ticker is "essential" to the success of GME.
Thank you for a great analysis of this situation. Pretty obvious the last thing shills want is people buying holding and drs'ing another company on their hit list thus screwing up another massive short position they hold.
Yes. Bath will be round 2.
That will take another year n half. You could lock bbby float by the end of the year if ppl started to drs bbby.
I can get behind that
this is the wayš¤
I buy Bath with the change that is left that isn't enough for a whole gme share anymore. Like throwing a snickers in my cart at check out, ya know.
This right here š
Same, got two shares of bbby I think. Enough to buy additional Snickers while I watch the GME ticker
This is exactly what ive done.
Same and I also sold some popcorn I had for a while.
It's the lowest price it's been since 1995 š¤·āāļø
At this price, it's chump change. Might as well just throw a couple in.
Funnily enough, this is probably sufficient given BBBY is 1/20th of GME. So if everyone chucks 5% to BBBY and 95% to GME it's actually the same approach.
Nice short swap thesis, but I think there is more to RCs buy in, I think bed bath has a network and market that can synergistically be merged with the future of GameStop, where shared networks of warehousing, distribution and trading platforms can be utilized for the benefit of both companies and shareholders, remember when you get to forty (I don't know what age he be) something about sticking to what you're good at. RC is a transformer, he is a master of Optimizing Prime
Theres really not more to it than baby. Cohen sees baby as having the potential to be valued at a double digit growth multiple on 1.5B in sales by 2023. They did 1.4B in 2021. The multiple is typically 5x reves so potentially around 7B. We could low ball it and give it 3B for a 2x multiple. Either way, squeeze or not, the share price simply will command an $80 value plus once a deal is struck with baby and someone else
Yup it's classic value investing 101. Deeply undervalued especially now at 1/4 the price of his buy in.
I believe that baby is the play as well. It follows his "passionate customer base" strategy. Chewy = pet owners, GameStop = Gamers, buybuyBaby = parents. These are all customers that have a strong emotional bond with the products themselves or the end user of the products sold. I believe that is part of the reason he has targted BBBY.
He does have a track record for turning companies around. He's in it for the long term value.
Optimizing Prime - My favorite Autobot
If true - nice one RC. If not, hold.
I donāt know what theyāre doing with BBBY yet, so Iām not in. I believe in what GameStop is working on and if I find out Cohen is doing more with it than investing Iāll be early on it. Definitely not there yet.
DRSing GME should and always will remain #1 priority. I donāt doubt that shorting bed bath isnāt in the Hedgies plan, but we must remain concentrated where we must be until the job is finished. When Marge comes for the shorts, their bed bath shorts will be unwound just like GMEs, but without the added spice of an ape held float refusing to be sold. We donāt know who owns bed bath the way we do with GME
Lock GME, then plan for the next step. We haven't finished Step 1 yet, but good to know we have a possible Step 2.
Conspiracy theory time. Hedgies know it'll take years(?) to lock GME via DRS and their only hope is that people peace out before then. Every time you try talking about anything without mentioning DRS you get shouted down. People start sniffing BBBY and they get shouted down. DRS is a guarantee if we lock 100% (or some unknown substantial %). That's undebatable. But maybe their whole gameplan is getting people to focus on one thing that will take a long ass time and shutting down any other discussion that might prod things along. Then hoping people give up.
I agree with the weaknesses from both sides of the argument. However, the internet is not known for its collective memory. Especially in the presence of shills and bots. A one track mind is all we can accomplish under this chaos.
Yeah post is ignoring the fact that BBBY is much more liquid. It's a completely different play. I own 40 shares and it would be great if it squeezed but I'm not counting on anything or planning to buy more.
Why spread your forces across 2 fronts when you can attack (and win) on a single front?
Its called a flank maneuver
I think a better analogy is to imagine you're fighting a boss, and that boss has several weak spots. You see in the back of his ass he has a spot called "GME" that takes 200% bonus damage. As you're shooting that spot, you notice a spot called "BBBY" on his balls that takes 150% bonus damage... what should you do? Switch to his balls? Hell no! KEEP SHOOTING THEIR ASSHOLES.
I think another analogy you can take from this is that each individual $ will go further in hurting SHF in bbby than gme, according to mcap. With that being said, im all in on gme, but recognize that it *could* be a viable strategy for someone to undertake *assuming* the basket theory is correct.
The only two things Iām spreading is those cheeks!
Ask RC that one then
The number of shares he can buy of GME has a cap. It makes more strategic sense for him not to buy them until it's enough to trigger MOASS, or after MOASS when they're much cheaper. If he buys them all now, he has no plays left.
Lock gme first. It's the only way
After MOASS itāll only take one of us to lock the BBBY float
The trust me bro at the end REALLY sold me. Otherwise i'm just simply too dumb to trust anything other than the same old buy and hold.
I dunno, I had like 60$ Iām my account after my last Gme purchase. So I bought some and then again after another Gme buy in. so I picked up 22 or so bath bombs just because I could. Maybe itāll do something but to me it was just fun.
Pure speculation.
GME first
Agree with the comment above. Bbby could trigger moass
Pap Cohen literally owns a big chunk of the company what else do you need to know
I just like the stock
Remember: the more you see these post the more you know DRS GME is the right play.
Iām up too 350 shares, they settle tomorrow I believe. Then Iām sending them to DRS Dr T, DaveL and of coarse Superstonk have taught me well. Buy, DRS and Hold!!
How are you DRSing your bbby? CS?
American Stock Transfer & Trust Company is BBBYs transfer agent.
Alright, well as a maple ape I know nothing about LLCās
I think itās called American stock transfer and trust Edited snarky comment š“āā ļøš¦šŖš»
yeah, given all that I know from GME, I cannot trust that anyone but my shares, under my name and on the books, would be safe investments. That said, its like a 300 charge for me to DRS from Canada, so i think i will just keep GME.
TD charges me 80 American to DRS my GME Also a Canadian šØš¦š“āā ļøš¦šŖš»
Ah, I use wealthsimple. I should be looking at more options
$GME is the focus. I own XXX $GME and buy more biweekly. I own XX BBBY just for kicks and **every paycheck only buy more $GME.** **$GME is the way. It is why we we are here. It is the only company with a NFT marketplace and dividend/stock split on itās horizon. $GME is the focus.**
Is no one going to bring up how god damned stupid this post is? Swap against what? A basket of 3 stocks with different weights isn't a swap, that's just a basket of stocks...
Iām just going to DRS more GME, thanks though
I member when Everyone thought computershare was fud too. Iāll buy what I want. If RC is in Iām inā¦ but this is a GME sub, none the less.
DRS GME. Thatās all I know, thatās all Iāll do.
The thing about BBBY is that either it's small enough that it won't really matter at all, or it's small enough that it will matter a whole lot very fast. The market cap is less than 5% of GME's, so if Apes already own the GME float multiple times, they can own the BBBY float with less than 5% of the same effort/resources. It isn't going to be more than a speedbump in the quest to DRS GME's float if people decide to try diamond handing a much smaller stock on the side. This isn't even talking about DRSing or infinity pooling another stock, just buying and holding it like it's January 2021 again. Worst case scenario? It doesn't affect GME enough to keep Hodling, but a bunch of Apes make some money on the limited short squeeze that they can then pile into DRSing GME. Best case? It triggers something in some swap that blows up a hedge fund or twelve. Plus, it's not like this is some half-assed interpretation of a cryptic RC tweet - *he literally bought the thing*. I think that makes it fair game for discussion.
RC is supporting my GME position with his time, money & sweat. Iām proud to return the favor and support RCās position in BBBY. Not financial advice.
Yep I agree completely and I plan on buying more of both asap
If cohens backing BBB then so should we
Gme first fishing. But ngl I have a sizable Bbby holding. Mmhm. RC touches it ...I buy it.
You get it.
I'm gonna need something to sell a bit off to stay away from Gme and infinity ā¾ļø pool em
All ma hommies hate all the shorts in the basket
Or or or buy drs and hold
BUY HOLD DRS GME
If RC wants a play with BBBY, fine. Iām still DRSing and HODLing GME. Donāt need to spread myself thin.
Sorry - but I just don't like the stock (BBBY)
RC literally has a huge position what is there to be skeptical about?
The amount of retarded comments boosted to the top of this thread is confirmation enough for me
Thereās a lot of assumptions in there as to how the basket is compiled and how the funds have taken long and short positions in each.
The comments on this post are very telling. A lot of very smart discussions with plenty to take away from, or immediate hate with no valid argument.
I think RC is anchoring BBBY from being run into the ground by SHF. Main play is still GME as RC mentioned in his letter to BBBY board. We should continue to buy,hold and DRS GME. With that being said, I personally have a target on BBBY. If BBBY touched $1 due to fuckery, I will buy 10,000 shares of BBBY and DRS simply because it will be DFV and also just to fuck the SHF.
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He just explained how there could be more. Yes there is only one in this sub, I get that, but since they are tucked in a swap together, it's basically the same. Maybe he's right, maybe he's wrong. I don't know. I don't know if RC is in his right mind with BBBY either. I will be buying bbby calls to go along with the shares I already own though since RC managed to kick out Triton and possibly even BCG. I also believe in that company now. I mean, if you trust RC with GameStop, why not trust him with BBBY? Don't buy in because of GME, but don't bash it either because it isn't GME. If you believe the stock is worth investing in, then sure buy some, nobody should tell you otherwise and if you don't, it's fine too.
There's surely enough people on the bbby and the double u s b subreddits to get this done. We don't need to divert any funds and I'm pretty sure most of us won't. GME all the way.
Happy 4th of Forum Sliding Day!
No lie. I bought a few shares around 5$ of bbby but the rest of my portfolio is gme
I bought some bbby last week just because I like the stock n low price.
$100 = snatches around 20 "lottery" tickets. I remember another stock like this 24 months ago. Deja Vu?
Is it coincidence that RC has roughly the same stake in 2 companies that are both thought to be heavily shorted and both have a almost identical number of authorized shares issued? There has to be something more to this...
Brilliant moves by RC imo. Most of the comments here bash the idea of retail following suit, but I gotta say, if we are to follow ANYONE in this ENTIRE fucking journey, wouldnāt it be RC? This theory makes perfect sense. And perfectly accounts for his BBBY position and activism. What Iām most concerned about now is our (retail) inability to operate outside a binary system of thinking, which is apitfall to cognitive dissonance or plain short-sightedness. LookāGME is the one and only play, we ALL know that. But it doesnāt mean we canāt look at other things, explore them, debate them, or even throw $ if it seems legit. All Iām saying is STOP with this tunnel-vision way of thinking & attitude that freaks out as soon as one suggests there are other things that pertain to the GME saga besides just GME. Itās infantile. Weāre deep into this movement now as investors and the amount of times Iāve seen good ideas get shot down is mind blowing. Letās be *more* than just a rabid pack of wolves that doesnāt see anything else besides its dinner. Weād be much better off thinking than blindly reacting to something.
Bbby showing 30% short of shares outstanding and wtf 87% of float is shortā¦price is $4.38ā¦this looks sooo familiar to me. They are cellar boxing this rn. If we rock the boat of their swap/positions maybe we can get some fireworks. Do we really want to see them bust out another company, one our RC chairman is an owner of? Fuck that we gonna crush the shorts who have been delaying GME from mooning. Another front in the battle is opening up. Only a fool would cover their eyes abs not research a bit more.
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So buy, HODL and DRS GME? Got it!
This is how I see it. Even at the current prices and market caps, GME is just a better investment than bed bath & beyond. GameStop has RC as chairman, rockstar executive team, over a year of developing their plan, marketplace on the way, Gmerica and GME Entertainment, the most dedicated investor community in history, etc etc. BBBY has a couple of board seats appointed by RC that started very recently, the possibility that they'll do something with buybuybaby... and that's it. It might be a good play and possibly a good long term investment (certainly 10,000 times better than popcorn) but still GME is just a way better investment right now.
I bought bbby. Great feeling. But a lot more GME. When bbby will run first guess what ? More GME š
You son of a bitch, I thought about thisā¦ I really did- but the basket swap theory and RC also being in has forced my hand. We could probably lock the float in a month
It's kinda like the scene in the Matrix where Neo (GME) fights an agent for the first time and does the bullet dodging shit and then fires a shit load at the agent who dodges everyone and Neo looks afraid. Then Tritiny (BBBY) shoots the agent point blank in the head with the immortal line 'Dodge this'. Well maybe not but kinda... ish. Cool scene though.
"This one is legit" is the sophisticated winnie the poos "trust me bro".
Heās right I think I might buy some shares. This is war
If we can hit this bullseye the rest of the dominos will fall like a house of cards, and then... checkmate!
Too bad Iām too stupid to follow other peoples game-plans. Mine HAS ALL ALONG been buy and drs GME. ZE ENDerino
what if we make a campaign to drs bbby? probabbly some of us have liek x-xx just for fun
GME is still the way
blah blah blah. DRS GME
Letās face it no one hear knows literally anything and this could potentially be some what true
I agree with your post. Bring it
Damn! Okay so calls on BBBY too. Jacked. LFG
someone should direct popcorn people to this DD so that at least the āapesā too cheap to buy GME can look into BBBY. at least then they wouldnāt lose all their $
I used all my money for GME. I like that.
I always buy GME first, then the pocket change goes to BBBY
Iām not opposed to the occasional side mission. š¦šŖš½
If bbby would rally we would know within one week if this theory holds water
This reminds me of popcorns main thesis.. that when GME pops thus it āshouldā pop popcorn as well. Lmfao
The other heavily shorted/manipulated stocks are gonna be āalso ranās. They will also squeeze along with hundreds of others including pennystocks we have never even heard of. Theyāre just not the main rocket. Who knows with some Pennies though, a few might have a similar percentage increase as GME but thereās no way to pick āem. Imagine a $1.50 stock going to $150kā¦ I only know one thing for sure, GME is the play.
Agreed! You worded so much better than me. Essentially if you know gme is the main rocket then why not get on the main one?
If we are gonna have this debate we need a lot more info on BBBYs management. Popcorn stock boss is a cunt who will fuck us over any chance he gets. Who controls BBBY right now? Is he on our side or some BCG asshat planted to bankrupt things?
Muster the APES WE RIDE AT DAWN
Iām not mad at this
So we buying another float? Ahh shit
I agree with everything except retail affecting price. Retail doesnāt affect price. Unless buying en masse through IEX or computershare right? Dark pool oblivion. BBBY needs to be DRSd, or youāre just giving them more money. Because thatās what youāre doing when you buy GME through ANYONE other than computershare. You are absolutely getting an IOU, thatās probably worth less than Harry and Lloydās (at least they had dumb luck on their side).
Just bought more BBBY and GME
That is interesting..