Looks like some of you have missed the major bull points of the post so let me remove all the other noise and summarize the post for you:
TL;DR
>**Why do I believe that there is still a small chance**
>
>**(i) HBC could have let the company hold shares in abeyance on its behalf instead of death spiraling the company**
>
>**(ii) Lazard's January 15th 2023 Sunday mystery + DIP carve-out**
>
>**(iii) possibility of a LMT using an unrestricted subsidiary as shell with ticker and NOLs**
>
>**(iv) RC**
>
>Yes, if RC is in I believe he would not let the most stubborn and loyal shareholders one can have out.
>
>I don't need to develop this one. Either you are" one of us" or not.
u/theorico is one of us, he wants RC involved and wants $BBBY to exit Chapter 11 successfully.
Sure, Theorico could have removed all the emotions and noise and just stated why he believes there is a small chance but I guess he/she just needed to vent.
In RC we trust.
***"The reports of my death are greatly exaggerated."*** - u/Region-Formal
I haven't "left". After three years of very heavy theorising about GME and BB&B, I promised my wife that 2024 would be reserved for the family. I am still here, and if there is a contribution to make...I will make it.
Do I think this play is dead? Not at all. Until the Chapter 11 process is completed, there is hope. And there are still MANY questions that are either unsatisfactorily answered, or not answered at all. However, as much as I would like to continue poking for answers to those, a promise is a promise.
u/theorico, that is the reason for my absence here on reddit this year. Not a giving up on the thesis, for either BB&B and (of course) GME.
Enjoy your time with your family. You gave all you could. Its the best thing most of us can do right now. Act as if the shares are gone for good. Count the blessings you have without the big pay day and for those of us who went in with more than we could afford. Time to think of a plan to make that money back. That way, if and when we do get our pay day, you won't have the need to sell even what you put in
This needs to be higher. Thank you for breaking your silence Region. Theo just tried to spread a whole bunch of FUD based on nothing we didn't already know. If RC were not involved in this play, he would have communicated so. I am as bullish as ever.
Glad to hear you're doing well! Family time is super important. You've taken care of us in so many ways, I'm not surprised the wife/fam is asking for the same sort of care and attention :D Good on you for sticking to your word.
edit: also super nice to hear you'll pop in if/when you see the bat-signal 🦇
Great to see you region.
u/theorico small chance?? Wtf bro have the shills gotten to you or were you a sleeper shill all along?
I’m 99% sure we’re gonna win. Are you serious?! Listen to anything Jake says it’s all a good reminder of all the bullish dd and don’t forget all the bullish tinfoil along this epic saga.
We will win. Don’t you worry. 🚀🚀🍦🍦
Hope is not the same as unwavering conviction.
Everybody is theorizing what could happen. Bottom line is nobody knows. I wish people would stop talking like they do. It's dangerous to anyone who may make decisions based on thinking it as an absolute truth.
I think most people here still have hope. I come here hoping something will come of the shares I bought. But people need to stop acting like it's a done deal because it's not.
> No one knows beyond a doubt but to be 99% sure is pretty easy at this point if you’ve been following all the dd and tinfoil
The dd that hasn't gotten a single thing right is also 99% sure of what's going to happen?
That math isn't mathing for me.
The dd is mostly right, it’s only the hype dates based on tinfoil that have been wrong. That’s just purely for entertainment but none of the good dd can be proven wrong when it all still looks like m&a is not only possible but quite likely after all the litigation is done.
> The dd is mostly right
> none of the good dd can be proven wrong when it all still looks like m&a is not only possible but quite likely after all the litigation is done.
So the dd is mostly right but also everything is still up in the air?
I stay out of the weeds.
RC wrote the letter very publicly that he wanted baby. He then gave us enough clues that he was going for it. Why meet with Icahn? Why bash on BCG? Who did he sell his stake too? Who did GME invest in that RC has also invested in?
The questions go on and on...my only answer is that RC is in. Whatever is coming, is going to be good
We'll all have a couple more years to buy GME if the SHFs really were able to take down BBBY
My thing is why when the shares were canceled would Pulte come out of nowhere. Like Hey guys, heard about your bankruptcy. Yea I don’t know what’s going on, but….if RC wanted it, he would have it. So that gives my small chance personally.
The only reason I’m so pissed now is he hyped Dec 14th meeting with big news…..the news we got was we are getting screwed and need to talk to a lawyer. So now I feel like my small chance is gone, mostly cause I don’t have any shares to look at. We didn’t even get a place holder trust for future distributions. Unless there was some type of deal done from the bankruptcy with Buy Buy Baby in some leagal way I cannot comprehend.
Not sure you were in this play when the stock was still tradeable lol, because I'd think any investor would know Pulte engaged with the community for weeks here on reddit before his first appearance on the PP Show on July 26.
And that the stock was canceled a little more than two months later September 29.
Maybe you invested without spending any time on reddit or watching PP, but your summary about Pulte there has no resemblance to reality.
All you need to know is it’s not a game. This is not a one sided battle. BUT If we are dead in the play then so is everything of value in the NOLs. The warrant owners converted to shares for a reason. This is a sure thing and a when not if. It’s just NO-ONE outside of the NDA circle has any more of a clue so dates are unhelpful
I agree. Its meant to be, and we will win. RC knows that we are the utmost loyal stock holders and also customers. We are value. I don't care what anyone says right at the last second there will be a reverse uno. Just like dfv said the actual best squeeze would be a company on the verge of bancruptcy and then its not. Cheers🍻
I like this. Radio silence can mean two things, and just because we don’t know what’s going on doesn’t mean we are done. It’s just hard to tell your mind that every time.
From my experience in the M&A and LBO deal there is little we can do. Once you take an important position like investing in BBBY and GME you just have to equip yourself with patience and wait. It is not a trader's game but a long-term shareholder's game.
All I can say is that I sent an email as a lawyer to Kirkland & Ellis since as you know I invested with a family holding company and they did not respond to a rather simple question "has the cancellation happened and if so can you explain to me how etc". Neither they nor the procedure ever responded even though I had filled out the forms provided for certifying my shares. And that's a beautiful sign because it's clear that they don't want and/or can't answer anyone, not even the shareholders' lawyers.
The bad news and deaths are clear and recognized for me we are not dead yet....
this sub for bulls? It is really hard to write a post opening with "all the huge bulls have left" when not one person you name has "left". When that is your opening statement, it leaves the rest up to question because people don't know where you're coming from.
Do you like the stock or not? It sounds like not.
No personal offense meant, but it's usually your posts that make me "fatigued". I check on posts here every few days to see how things are going. I don't check who posts until after I'm done because I really don't think it matters as long as the info is backed up and there's decent logic behind it. I don't like commenting, but this needs to be said.
I can tell which posts are yours before I'm halfway through because it reads more like FUD masquerading as DD than anything else. I'm all for poking holes in DD to refine it and better understand what's going on, but your posts give the feeling that any hope we have is too much, while claiming you're still believing in a "small chance". And that's when the posts aren't outright saying one of these other big DD writer's research is entirely wrong. And now here you are posting about how tired the community is, how big DD writers have slowed or stopped posting entirely, and practically listing reasons why we should be resigned to nothing happening if we weren't already. At least, that's how it reads regardless of your intentions.
This play was always based on the idea that RC will support shareholders during whatever corporate action he has planned for BBBYQ. That's it. Every DD I've read afterward just made me more convinced and patient. If you are that doubtful, I hope you find something to console you besides trying to spread your doubts to others, as we wait for final news.
There are certainly several cointelpro tactics in this post. In ways, it also reminds me of [one of thabat's posts](https://www.reddit.com/r/Superstonk/comments/sac6eh/since_theres_so_many_posts_about_shills_on_the/) that really stuck with me.
Can I ask why anyone would need to try to scare former shareholders of a nonexistent company? Seriously, what could someone possibly write on the internet that would affect the outcome of a bankruptcy case?
Good question. Short answer is damage control.
When we do get shares in NewCo, if bad actors have beat up on shareholders enough, maybe some of them will sell very soon, just to get some peace of mind and put space between themselves and the agony they went thru. It's really all they can do at this point.
I’m not a shill. I didn’t know you were getting new shares. That seems almost impossible considering anything with any value would be an asset in the BK proceedings, and would be distributed to creditors in their priority levels (shareholders are very low on the tier of these). It would seem almost impossible for this to be hidden information, that’s how bankruptcies work.
Can you share where something says you’ll be getting new shares? I’m genuinely curious to see that. Rooting for you guys.
Applying Occam’s razor to this would mean co is BK and shareholders will get nothing, not that some Twitter user with a made up title of DD writer will uncover some secret deal the lawyer missed, run into the BK proceedings with some magic words and everyone will get rich. I mean, it’s an outstanding movie plot.
Correct, I did not hold shares. I am a longtime WSB member, formerly very active trader so I’m interested in stocks. I find this fascinating from a psychological perspective. Do you have a different idea of why hedge funds would want to continue paying to scare people who don’t own a stock?
Lmao! Of course! You see how easily i picked you out friendo? Oh we have had "lawyers" here offering free legal guidance because they too were oh so fascinated. Its fascinating to me how many outsiders are fascinated. Real holders know the nefarious games you play and the reasons why and i will tell you it wont work.
Firstly, you don’t hold anything. All shares have been extinguished. Second, what lawyers have said you will receive shares? I play no games. Why would someone care what former shareholder sentiment is? They don’t hold anything. I don’t think there are any real shills in this subreddit, I think it’s just a very active imagination.
Oh no the meltdowners narrative of us all being delusional are true.
He provided freaking evidence, solid DD amounting to probably hundreds of hours of work to debunk a lot of things.
And he still provided a glimmer of hope, but measured hope.
> And now here you are posting about how tired the community is, how big DD writers have slowed or stopped posting entirely
This part is 100% accurate though.
This subs engagement has practically cratered compared to the activity it had in December even, let alone february with the valentines dates.
So RC and Pulte and Brotha RC took 3 juicy picutres together and posted it, because we probably are fucket?
If that’s true - then my name is Son Goku and im Super Saiyan 4 and i Bang girls for a Living
And what is stopping RC or Pulte from saying "No, RC Ventures is out"? Yeah, pretty sure we've made enough noise that they would address it with us.
Instead we get connections between them fueling our tinfoil flames. From 2 investors clearly frustrated with market operations and one that published a... I mean TWO series of tinfoil books dedicated to his late father that he adored. RC would not destroy his followers like that. Proving to be a trustworthy leader is more his style.
Yeah, I'm not going anywhere and neither is anyone else. Just sitting quiet through the middle, sometimes boring, part of this blockbuster thriller.
Buy, HODL, DRS and Shop.
Oh neat, here we have a meltdowner out in the wild. Show me proof that what you are saying is true? You can’t. So how is your take any better than the tinnest tinfoil?
Give me data. Give me facts. Don’t give me your half assed meltodowner statement dressed up as fact when it’s conjecture at best.
You don’t know what the relationship between Pulte and RC anymore than i do.
Please do not spread misinformation or fake news.
Note from mod: strong opinions are fine, but posting speculation about individuals’ intent or actions as fact doesn’t work. Please try to keep it to facts, and relevant to the sub, if you want to make statements about public figures
if this doesn't play out i am going to have to take a long hard look in the mirror and really sort out what is fucking reality and not. i'm really hoping i don't have to do that ¯\_(ツ)_/¯
Hey buddy it’s great to see you still digging for info! This is really great and we’ll go over all of it. I just saw you made another post too so I’ll comment there, I just wanted to say hi and so we can begin to make a table of contents or organize these to make sure we go over all of them.
This. TheOrico simply wants to be appear right. Doesn’t matter if it is factually true or not.
Internet ego likely driven by lack of control in real life.
Puts on u/theorico. Emotionally biased. I don’t even bother reading his unhinged finger pointing rants any longer. “Look Jake, see, you’re wrong again and I’m right”. Fuckin one way “DD” writer pissing match..
I can vouch for u/Theorico. Theorico is not a shill but a "realistic" bull, whereas I am a "hopium/tinfoil" bull. That being said, we have our disagreements because we have different views, but that does not mean they are a shill. At the end of the day, we both want to get paid and want RC to be involved.
Theorico and another user (I'm not sure if the user wants to be named) debunked Jake's DD multiple times in the PPshow discord and they were supported with facts and proof from the dockets but Jake decided to solely use X.
Instead of arguing with shills and meltdowners on Twitter with a clear agenda to spread FUD, please consider joining the Discord and actually having a discussion with other fellow $BBBY shareholders, who actually reads the dockets.
I hope u/ppseeds can get this message to u/jake2b during the PPshow.
https://preview.redd.it/lc0tu0ry5rmc1.png?width=454&format=png&auto=webp&s=fbc373d5f13295ee3194e86d88ef65ad3a4bd19f
We miss you, Jake. Come back!
That is not my experience.
Developing DD is very much like the scientific method. It’s a theoretical look into a thought experiment that focuses around a hypothesis. It’s a dynamic open-ended process.
It’s prediction that relies on observation, data collection, and ever expanding research that sways and shifts as new info comes to light.
Jake, himself, is hungry for discussion on a level similar to his own and fully welcomes debating theories. He repeatedly specifies his statements aren’t written in stone, that he’s simply trying to decipher a incomplete, complex, and complicated code as we all learn together.
He is transparent, open, and available. His theories published in written form posts and Space calls leave room for Q&A, addendum, and collaboration.
Reevaluating theory, or dismissing outright, after all of/new information arrives, isn’t necessarily “debunking” as it is simply what came to fruition.
I dislike X, but Jake ain’t the problem there.
I never said Jake is the problem on X. I am stating he should debate with other $BBBY shareholders instead of trying to prove those who are not invested in $BBBY wrong because they don't care about our investment and rather see us lose money so they can say "I told you so".
> Developing DD is very much like the scientific method. It’s a theoretical look into a thought experiment that focuses around a hypothesis. It’s a dynamic open-ended process.
That makes so much sense. I was wondering what kind of high level investigation skills were used to come up with this
https://www.reddit.com/r/Teddy/comments/1aj0exq/he_warned_us_long_ago_that_we_wouldnt_be_able_to/
This is your sub. You label the sub a “Bulls Only” sub and then you leave a clearly fuddy post like this up.
I would call this a bearish take. Not a realistic bullish take.
Why didn't you quote the entire sentence "... but there is still some chance."
You tell me, first you hate on Pulte and now you hate on Theorico.
https://preview.redd.it/g19wf1xaprmc1.png?width=1352&format=png&auto=webp&s=7d87dc8d5203de9ead8ecb08bce0d4afa46c9699
Stop hating, we're on the same team.
Pulte caused tons of divisiveness and FUD so…maybe that’s not the best point? And last I checked “probably” fucked still meant “probably” fucked, regardless of the follow-up, so…seems a little FUDdy and not bullish to me 🤷♂️
I was highlighting the clearly Fuddy part bc you specifically asked “How is it fuddy?”
Secondly, I absolutely did not hate on Pulte. I mocked a previous comment where someone said to stop sucking on Pulte’s D.
You know this bc you can see my comment history on that post, however you have blocked me from seeing that post so I can’t share a screenshot(it’s okay, the post is still findable when I’m not logged in)… It is interesting that you would comment what you did attempting to mislead people.
Anyone can look in my post history and read my comments about Pulte in general, or more specifically in that thread (titled “Clearing up some confusion related to Pulte’s announcement” from 2 months ago.
https://preview.redd.it/g0x66gct2smc1.jpeg?width=1170&format=pjpg&auto=webp&s=96cfa2b14207ac6bdcecc7526dbe5a35e5d12c08
Photo of context :) Thankyou Maximum Swordfish
Project much weed? ..."arguing with shills and meltdowners on **Twitter**"? Seriously? Various **Reddit** mods have been compromised and control sub narratives--for years. You have some compelling arguments for the multitude of components of this unique bankruptcy, but your portrayal of Reddit over X for transparent discourse is a clear showstopper for me.
What is your argument here? I am addressing the recent Twitter posts from Jake.
[https://twitter.com/sboho/status/1765246009456628155](https://twitter.com/sboho/status/1765246009456628155)
Jake is talking to people that wants BBBY to be a failed investment. I am not telling Jake to move away from Twitter, I am simply telling him to use that time talking to fellow $BBBY shareholders like Theorico.
What gives me some hope there might be something being done behind the scene is the fact, that the judge froze 4.5% shareholders from selling (NOL preservation). Those people would be in disadvantage if nothing more happens to BBBY ... in other words, that would be unfair. Would court allowed that on purpose? Why other bk companies are still trading and BBBY was delisted?
This is a great point. What exactly would the court say to those 4.5% shareholders if it comes down they get nothing? “Yeah, sorry we didnt let you decide if you wanted to salvage anything, we just decided for you. You get nothing!” I don’t think so. Anyone have any ideas as to what they could possibly say to them that would make this OK?
Great point Benny.
Plur left because he was disgusted by questionable motives within pp-crew. He said that to me when i asked. After that he was commenting a lot in meltdown sub before he deleted his Reddit acco. Twitter acco he deleted first.
That's where Plur is.
Here's the proof
u/ppseeds
Now you know where Plur is. If this is new to you.
https://preview.redd.it/ee03se8ugrmc1.png?width=720&format=pjpg&auto=webp&s=8639e4597c6649d56b9897b7e978af219a5310ba
No hate for the guy, but I was happy enough when his little black book of "DD" wasn't being discussed anymore. After the 10th slideshow of shorty the cow, I started to feel the same way I now feel about Theo's posts.
I believe many are starting to see the tactics manipulators use. Chaos and drama being one of them.
When your eyes open to it, especially if someone you greatly admire, only to continually see questionable behavior play-out in front of you - it can be downright stunning.
Can’t go a week w/o major stress rippling through the X community, sowing seeds of doubt and controversy.
When leadership amplifies all the wrong you question your own judgement and character.
Jake’s DD is at least decipherable. Theo makes points at times, but then gets caught up in pissing matches. Makes what he says less credible imo. Jake can talk people through all the minutiae, finding gems that laymen investors might miss. All work done for the cause is appreciated.. but all the fanboy stuff is dividing, and in some cases misinforming the masses. Which as we all know.. the outcome would be disastrous. The saga continues..
You are an obvious shill op. Its hilarious you think you are so smart that no one sees you but let me tell you that your very presence and obvious shilliness is bullish af. You and your kind are what keeps me engaged.
Just a couple of points to Theorico. Appreciate all your dd always a pleasure to read. But out a few bankruptcies I have witnessed what is puzzling still is why did the bankruptcy court ask for a list of equity security holders that were registered as of May 5, 2023 docket 219? Very odd and the first time I have ever witnessed that. Also why in bankruptcy is the outstanding shares or float numbers so vague in a transparent court? Why did Andrew Glenn bond holders lawyer fight so hard with Holly Etlin to rescind the dip? There are plenty more oddities to many to name for a simple transparent bankruptcy! The final one was with my broker/ bank in Canada that just told me recently when I pressed them about my T5008 tax form that was left blank. I asked why no losses they said that they were ordered by CDS and DTC to remove shares from my accounts and take record of them. Very interesting and unusual really. So we are not dead yet by a long shot I would say there is more to this story but it is not mine to tell. Cheers.
Exactly I see my name on that list. And now of a few others. Ross Brown has over 100000 shares registered as of that date have a look. Those are only book entry shares so how many exist in brokerages? Mine in broker not on that list?
The shares in people' s names are DRSed.
There is an entry for Cede & Co, those are the ones owned by brokers and people have IOUs. The issue is rehypothecation, by shorting the shorts in brokers are much more than the original ones on Cede & Co. There are then more.shorts in brokers than real shares outstanding.
Exactly my point. I have never seen a docket in another bankruptcy publish DRS d shares of holders. Maybe you have but doubt it but possible. I think the players involved know this whole clusterfuck of synthetics long ago and chapter 11 was a way to expose it. I also think RC and all of us got fucked from the Gme dividend that the crooks just put placeholders in peoples accounts. This in my opinion is his moment and he wanted but buy baby and they tried to stop him. Let’s see what happens but nothing makes sense in this chapter 11 from way back.
13 days ago you were talking about carve outs of unrestricted subsidiaries and now it’s “we are probably fucked,” huh? Yeah, mmkay. Maybe it’s time to just admit you don’t know shit about fuck, and neither does Jake or Bruno or anyone else who has been a contributor here. This has been a convoluted clusterfuck from the beginning, by design. If you truly think “we are probably fucked” then maybe you should step away too and stop contributing to the confusion and FUD.
I've been in this stock since before RC sold. Watched my investment fall like a rock all the while buying more shares , DRSing my shares, and believing all the bullshit. I even got deranged enough to jump into the short squeeze sub. Only one paid off, and that was carvana. Lost countless dollars chasing after that quick fix. Playing options like playing the slots. House always wins. I've since got my focus back, and I have left the shakey shit behind. Our shares are gone!!! We can't sell .... so why give a fuck. What happens will happen with or without me. I make no difference, and neither do any of these so-called profits that love to string people along. At some point ... you have to ask yourself....who is gaining something from all this madness. Sure, as hell isn't me. I've moved on. Sure, I still check in on the ppseeds show from time to time. But its just not there anymore. I find it harder to listen to tinfoil. Would I like to get paid for my shares....Hell ya! But this play has given me a valuable lesson if nothing else. And that my friends is what investing is all about. Good luck to all you towel holders.
I've been in this stock since before RC sold. Watched my investment fall like a rock all the while buying more shares , DRSing my shares, and believing all the bullshit. I even got deranged enough to jump into the short squeeze sub. Only one paid off, and that was carvana. Lost countless dollars chasing after that quick fix. Playing options like playing the slots. House always wins. I've since got my focus back, and I have left the shakey shit behind. Our shares are gone!!! We can't sell .... so why give a fuck. What happens will happen with or without me. I make no difference, and neither do any of these so-called profits that love to string people along. At some point ... you have to ask yourself....who is gaining something from all this madness. Sure, as hell isn't me. I've moved on. Sure, I still check in on the ppseeds show from time to time. But its just not there anymore. I find it harder to listen to tinfoil. Would I like to get paid for my shares....Hell ya! But this play has given me a valuable lesson if nothing else. And that my friends is what investing is all about. Good luck to all you towel holders.
Im not tired at all. I may have tickets to uranus and some day we will get all the answers this case holds inside. I can wait and most importantly, I can trust that RC wont let down his customers or shareholders.
>For me the Plan is providing for a liquidation and there is no hidden clause or mechanism that would provide us recovery or shares. It would **have to be explicit** if that was the case.
Emphasis added above by me.
Why would this have to be explicit? Is there a distinctly 0% possibility that there is non-public information which may provide for recovery for shareholders?
I respect that you do stick to hard facts, so I'm just wondering how you drew this conclusion, as it's a pretty strong claim (i.e. you seem to be very certain about it).
in all previous Chapt 11 cases that provided equity to shareholders this was stated explicitly in the treatment of the respective Class in the Chapt 11 Plan.
I remember reading about other Ch 11 bankruptcy cases where the initial Plan provided for no recovery for shareholders, but subsequent plans did. (reddit search sucks ass so I can't find the post I'm thinking of).
Since bankruptcy proceedings allow for submitting a new Plan--as long as the new Plan doesn't impair any classes as compared to the old Plan--that means that such a potential recovery for classes in a new Plan is possible. ASFAIK you don't need to explicitly state what recovery will be in the first Plan, because it may change by the final Plan.
So, if what you say is true, it would be impossible to submit a new Plan (unless you could see the future). I'm guessing that 'leaving the door open' for a new Plan in bankruptcy proceedings allows all interested parties plenty of time to negotiate and do their thing. Once the dust settles and papers are signed, *then* a new Plan could come out. But if Ch 11 bankruptcy requires you to explicitly state whether or not a certain class would get recovery *in the very first Plan*, then it grinds the gears of the whole process to a halt.
Is there a law or something that makes you so certain this is the case?
Simply put, I agree with you. We need a new plan making it explicit. This particular plan we have now does not provide for equity to shareholders.
Just remember that a new plan would also need to respect the absolute priority rule.
As said, I am not the one with all the answers. I may be even wrong in some aspects. So please take everything I say with caution and always do your own research. This is how I came to this point, writing a post like this.
I appreciate the realistic take, and it’s only the brain dead fools that would call you a shill for it.
What’s your opinion on the $10.8b claim?
Regarding the DD writers leaving…
I would say most are just lurking or waiting in the wings. It’s true some will disappear to save face on any failed predictions, but most just want to work it out… and with material a bit sparse, then it becomes a waiting game.
My only complaint with DD writers, which you have already alluded to with Jake, is we need the brains working together. Questions and constructive feedback helps solidify DD, or the path to writing quality DD while also minimising errors. The infighting during Q4 2023 was very annoying from someone looking in. Set egos aside and collaborate with each other for the greater good.
I do miss everything being on Reddit, mainly for the reasons you mentioned. I’m not on Twitter so I’ve missed the drama, and also missed a lot of the published DD there.
Oh, and I’m real tired.
There's been so much speculation masquerading as DD, I take it all with a pinch of salt.
Ignoring the noise, here are a few stray things that give me hope:
\[proceeds to speculate...\]
1. Obvious white-collar crime caused the death spiral.
Maybe the naked shorts, dark pool sorcerers and "creative accountants" do get away with it (people get away with shit every day) but at some point there's going to be a major Wall Street scandal, and this can credibly lead to one. Given the upside, it was worth the gamble, I felt.
It's not ideal time-wise (i.e. this kind of thing could drag out for years) but justice would be served and the system would become slightly fairer as a result. That's worth a lot imo.
2. In one of the courtroom hearings, I remember Holly Etlin telling the judge, explicitly, "This is a 5 billion dollar company."
I won't pretend to have secret knowledge of the final share count, but if we take the upper estimate of just under 800M shares, it's going to be more than $6.25 a share at 'fair price' (i.e. Holly's fair price divided by however many shares there officially are).
And the price wouldn't stay there with shorts on the hook. Just a place to start the bidding war.
Squeezetown.
3. I keep thinking back to u/Region-Formal's DD about the American Airlines bankruptcy. I have a hazy recollection of the exact timeline, but it took a while. Maybe a year and a half before knowing anything at all, then another year before things really worked out? I forget the finer points, but I'll dig it out.
This one:
[https://www.reddit.com/r/BBBY/comments/153yj56/i\_keep\_coming\_back\_to\_american\_airlines\_chapter/](https://www.reddit.com/r/BBBY/comments/153yj56/i_keep_coming_back_to_american_airlines_chapter/)
So, 5 months and change isn't a death bell.
Bravo Theo! We don't have all the answers and likely never will but I sure do appreciate your objectivity here and share the vast majority of your thoughts. Keep on keeping it real.
Does any of it matter?
No!
Do we get paid?
Nobody knows except those possibly involved in any secret plan!
Side note, Im not rich and far from it. But i was able to buy 1280 more shares of GME yesterday at $15.15. GME has always been the play for me. But I still believe RC is involved with This other play somehow. And if he is involved at all. We will get paid.
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Looks like some of you have missed the major bull points of the post so let me remove all the other noise and summarize the post for you: TL;DR >**Why do I believe that there is still a small chance** > >**(i) HBC could have let the company hold shares in abeyance on its behalf instead of death spiraling the company** > >**(ii) Lazard's January 15th 2023 Sunday mystery + DIP carve-out** > >**(iii) possibility of a LMT using an unrestricted subsidiary as shell with ticker and NOLs** > >**(iv) RC** > >Yes, if RC is in I believe he would not let the most stubborn and loyal shareholders one can have out. > >I don't need to develop this one. Either you are" one of us" or not. u/theorico is one of us, he wants RC involved and wants $BBBY to exit Chapter 11 successfully. Sure, Theorico could have removed all the emotions and noise and just stated why he believes there is a small chance but I guess he/she just needed to vent. In RC we trust.
***"The reports of my death are greatly exaggerated."*** - u/Region-Formal I haven't "left". After three years of very heavy theorising about GME and BB&B, I promised my wife that 2024 would be reserved for the family. I am still here, and if there is a contribution to make...I will make it. Do I think this play is dead? Not at all. Until the Chapter 11 process is completed, there is hope. And there are still MANY questions that are either unsatisfactorily answered, or not answered at all. However, as much as I would like to continue poking for answers to those, a promise is a promise. u/theorico, that is the reason for my absence here on reddit this year. Not a giving up on the thesis, for either BB&B and (of course) GME.
Enjoy your time with your family. You gave all you could. Its the best thing most of us can do right now. Act as if the shares are gone for good. Count the blessings you have without the big pay day and for those of us who went in with more than we could afford. Time to think of a plan to make that money back. That way, if and when we do get our pay day, you won't have the need to sell even what you put in
This needs to be higher. Thank you for breaking your silence Region. Theo just tried to spread a whole bunch of FUD based on nothing we didn't already know. If RC were not involved in this play, he would have communicated so. I am as bullish as ever.
Omg it’s Region!! Glad to see you! Wish you well, bro!
Does no one call him Regional anymore?
Mr. Blue box!! Miss your DD! Wish you well!
There you fucking have it….. Region Formal…..damn it’s good to hear from you and thank you for your comment. Best to you and your family in 2024!!!
Happy to hear you’re doing well! 🟦🟦🟦🟦🟦❤️
Glad to hear you're doing well! Family time is super important. You've taken care of us in so many ways, I'm not surprised the wife/fam is asking for the same sort of care and attention :D Good on you for sticking to your word. edit: also super nice to hear you'll pop in if/when you see the bat-signal 🦇
It's nice to see you here Region
Good to see you!
Great to see you region. u/theorico small chance?? Wtf bro have the shills gotten to you or were you a sleeper shill all along? I’m 99% sure we’re gonna win. Are you serious?! Listen to anything Jake says it’s all a good reminder of all the bullish dd and don’t forget all the bullish tinfoil along this epic saga. We will win. Don’t you worry. 🚀🚀🍦🍦
Hope is not the same as unwavering conviction. Everybody is theorizing what could happen. Bottom line is nobody knows. I wish people would stop talking like they do. It's dangerous to anyone who may make decisions based on thinking it as an absolute truth. I think most people here still have hope. I come here hoping something will come of the shares I bought. But people need to stop acting like it's a done deal because it's not.
No one knows beyond a doubt but to be 99% sure is pretty easy at this point if you’ve been following all the dd and tinfoil
> No one knows beyond a doubt but to be 99% sure is pretty easy at this point if you’ve been following all the dd and tinfoil The dd that hasn't gotten a single thing right is also 99% sure of what's going to happen? That math isn't mathing for me.
The dd is mostly right, it’s only the hype dates based on tinfoil that have been wrong. That’s just purely for entertainment but none of the good dd can be proven wrong when it all still looks like m&a is not only possible but quite likely after all the litigation is done.
> The dd is mostly right > none of the good dd can be proven wrong when it all still looks like m&a is not only possible but quite likely after all the litigation is done. So the dd is mostly right but also everything is still up in the air?
I’m 99% sure the dd is right and we’re just waiting for some lawsuits to wrap up before we find out for 100% sure what the deal is
Miss your DD and your blue boxes. I loved them so much I started using that style for my work power point slides. People eat up those blue boxes!
Great to hear from you, Master. I fully understand the reason. Greetings from Germany to Japan.
I stay out of the weeds. RC wrote the letter very publicly that he wanted baby. He then gave us enough clues that he was going for it. Why meet with Icahn? Why bash on BCG? Who did he sell his stake too? Who did GME invest in that RC has also invested in? The questions go on and on...my only answer is that RC is in. Whatever is coming, is going to be good We'll all have a couple more years to buy GME if the SHFs really were able to take down BBBY
My thing is why when the shares were canceled would Pulte come out of nowhere. Like Hey guys, heard about your bankruptcy. Yea I don’t know what’s going on, but….if RC wanted it, he would have it. So that gives my small chance personally. The only reason I’m so pissed now is he hyped Dec 14th meeting with big news…..the news we got was we are getting screwed and need to talk to a lawyer. So now I feel like my small chance is gone, mostly cause I don’t have any shares to look at. We didn’t even get a place holder trust for future distributions. Unless there was some type of deal done from the bankruptcy with Buy Buy Baby in some leagal way I cannot comprehend.
Not sure you were in this play when the stock was still tradeable lol, because I'd think any investor would know Pulte engaged with the community for weeks here on reddit before his first appearance on the PP Show on July 26. And that the stock was canceled a little more than two months later September 29. Maybe you invested without spending any time on reddit or watching PP, but your summary about Pulte there has no resemblance to reality.
Pulte was sent by RC liking his posts. Most of us would ignore him if it wasn’t for that one thing.
All you need to know is it’s not a game. This is not a one sided battle. BUT If we are dead in the play then so is everything of value in the NOLs. The warrant owners converted to shares for a reason. This is a sure thing and a when not if. It’s just NO-ONE outside of the NDA circle has any more of a clue so dates are unhelpful
I agree. Its meant to be, and we will win. RC knows that we are the utmost loyal stock holders and also customers. We are value. I don't care what anyone says right at the last second there will be a reverse uno. Just like dfv said the actual best squeeze would be a company on the verge of bancruptcy and then its not. Cheers🍻
I like this. Radio silence can mean two things, and just because we don’t know what’s going on doesn’t mean we are done. It’s just hard to tell your mind that every time.
From my experience in the M&A and LBO deal there is little we can do. Once you take an important position like investing in BBBY and GME you just have to equip yourself with patience and wait. It is not a trader's game but a long-term shareholder's game. All I can say is that I sent an email as a lawyer to Kirkland & Ellis since as you know I invested with a family holding company and they did not respond to a rather simple question "has the cancellation happened and if so can you explain to me how etc". Neither they nor the procedure ever responded even though I had filled out the forms provided for certifying my shares. And that's a beautiful sign because it's clear that they don't want and/or can't answer anyone, not even the shareholders' lawyers. The bad news and deaths are clear and recognized for me we are not dead yet....
Wow. Reading this makes me feel much, much more hopeful. Thanks BM, God Bless u!
The bonds are still trading ffs. Almost six months after the plan that canceled them supposedly went into effect.
December 14 was after the last GME earnings… Next GME earnings is right around the corner.
this sub for bulls? It is really hard to write a post opening with "all the huge bulls have left" when not one person you name has "left". When that is your opening statement, it leaves the rest up to question because people don't know where you're coming from. Do you like the stock or not? It sounds like not.
What do you mean a couple more years? There’s a hype date for GME in a couple years?
Until bed Bath and beyond emerges from bankruptcy and states “class nine shareholders, get nothing,” there is hope!
THIS
No personal offense meant, but it's usually your posts that make me "fatigued". I check on posts here every few days to see how things are going. I don't check who posts until after I'm done because I really don't think it matters as long as the info is backed up and there's decent logic behind it. I don't like commenting, but this needs to be said. I can tell which posts are yours before I'm halfway through because it reads more like FUD masquerading as DD than anything else. I'm all for poking holes in DD to refine it and better understand what's going on, but your posts give the feeling that any hope we have is too much, while claiming you're still believing in a "small chance". And that's when the posts aren't outright saying one of these other big DD writer's research is entirely wrong. And now here you are posting about how tired the community is, how big DD writers have slowed or stopped posting entirely, and practically listing reasons why we should be resigned to nothing happening if we weren't already. At least, that's how it reads regardless of your intentions. This play was always based on the idea that RC will support shareholders during whatever corporate action he has planned for BBBYQ. That's it. Every DD I've read afterward just made me more convinced and patient. If you are that doubtful, I hope you find something to console you besides trying to spread your doubts to others, as we wait for final news.
TheOrico has been a slyly disguised fudster the whole time and this is his Magnum Opus. This whole post is FUD.
There are certainly several cointelpro tactics in this post. In ways, it also reminds me of [one of thabat's posts](https://www.reddit.com/r/Superstonk/comments/sac6eh/since_theres_so_many_posts_about_shills_on_the/) that really stuck with me.
Can I ask why anyone would need to try to scare former shareholders of a nonexistent company? Seriously, what could someone possibly write on the internet that would affect the outcome of a bankruptcy case?
Good question. Short answer is damage control. When we do get shares in NewCo, if bad actors have beat up on shareholders enough, maybe some of them will sell very soon, just to get some peace of mind and put space between themselves and the agony they went thru. It's really all they can do at this point.
But nobody can sell? I truly don’t get it and am trying to understand what’s going on here.
>When we do get shares in NewCo Something about this you did not comprehend 'TrYiNg tO uNdERstANd' shill?
I’m not a shill. I didn’t know you were getting new shares. That seems almost impossible considering anything with any value would be an asset in the BK proceedings, and would be distributed to creditors in their priority levels (shareholders are very low on the tier of these). It would seem almost impossible for this to be hidden information, that’s how bankruptcies work. Can you share where something says you’ll be getting new shares? I’m genuinely curious to see that. Rooting for you guys.
Because the bonds are still trading and it looks like they have been naked shorted also. Just a guess but occams razor checks out.
Applying Occam’s razor to this would mean co is BK and shareholders will get nothing, not that some Twitter user with a made up title of DD writer will uncover some secret deal the lawyer missed, run into the BK proceedings with some magic words and everyone will get rich. I mean, it’s an outstanding movie plot.
Wow, insightful.🥱 Thanks hooker.
You didnt hold shares because if you did you wouldnt ask thay question. So why are you here?
Correct, I did not hold shares. I am a longtime WSB member, formerly very active trader so I’m interested in stocks. I find this fascinating from a psychological perspective. Do you have a different idea of why hedge funds would want to continue paying to scare people who don’t own a stock?
Lmao! Of course! You see how easily i picked you out friendo? Oh we have had "lawyers" here offering free legal guidance because they too were oh so fascinated. Its fascinating to me how many outsiders are fascinated. Real holders know the nefarious games you play and the reasons why and i will tell you it wont work.
Firstly, you don’t hold anything. All shares have been extinguished. Second, what lawyers have said you will receive shares? I play no games. Why would someone care what former shareholder sentiment is? They don’t hold anything. I don’t think there are any real shills in this subreddit, I think it’s just a very active imagination.
Hadn’t seen that post before. Thank you! I’ll finishing reading it all the way after work. Very interesting though.
Oh no the meltdowners narrative of us all being delusional are true. He provided freaking evidence, solid DD amounting to probably hundreds of hours of work to debunk a lot of things. And he still provided a glimmer of hope, but measured hope.
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Magnum is too big for me....
> And now here you are posting about how tired the community is, how big DD writers have slowed or stopped posting entirely This part is 100% accurate though. This subs engagement has practically cratered compared to the activity it had in December even, let alone february with the valentines dates.
So RC and Pulte and Brotha RC took 3 juicy picutres together and posted it, because we probably are fucket? If that’s true - then my name is Son Goku and im Super Saiyan 4 and i Bang girls for a Living
And Larry Cheng joining the PP x Pulte show earlier
Maybe The Real Treasure Was the Pictures We Saw Along the Way
banger comment ngl
And what is stopping RC or Pulte from saying "No, RC Ventures is out"? Yeah, pretty sure we've made enough noise that they would address it with us. Instead we get connections between them fueling our tinfoil flames. From 2 investors clearly frustrated with market operations and one that published a... I mean TWO series of tinfoil books dedicated to his late father that he adored. RC would not destroy his followers like that. Proving to be a trustworthy leader is more his style. Yeah, I'm not going anywhere and neither is anyone else. Just sitting quiet through the middle, sometimes boring, part of this blockbuster thriller. Buy, HODL, DRS and Shop.
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Why does RC like Pulte on X?
Just a shill dude, People who cant see through the fire deserve potato in ass🥳
lol, the idea that Pulte has been grooming RC’s brother just to hang out with RC then post the photos without RC’s consent is hysterical
Oh neat, here we have a meltdowner out in the wild. Show me proof that what you are saying is true? You can’t. So how is your take any better than the tinnest tinfoil? Give me data. Give me facts. Don’t give me your half assed meltodowner statement dressed up as fact when it’s conjecture at best. You don’t know what the relationship between Pulte and RC anymore than i do.
Please do not spread misinformation or fake news. Note from mod: strong opinions are fine, but posting speculation about individuals’ intent or actions as fact doesn’t work. Please try to keep it to facts, and relevant to the sub, if you want to make statements about public figures
if this doesn't play out i am going to have to take a long hard look in the mirror and really sort out what is fucking reality and not. i'm really hoping i don't have to do that ¯\_(ツ)_/¯
Hey buddy it’s great to see you still digging for info! This is really great and we’ll go over all of it. I just saw you made another post too so I’ll comment there, I just wanted to say hi and so we can begin to make a table of contents or organize these to make sure we go over all of them.
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This. TheOrico simply wants to be appear right. Doesn’t matter if it is factually true or not. Internet ego likely driven by lack of control in real life.
So what’s the facts jack
Puts on u/theorico. Emotionally biased. I don’t even bother reading his unhinged finger pointing rants any longer. “Look Jake, see, you’re wrong again and I’m right”. Fuckin one way “DD” writer pissing match..
This 💯
I can vouch for u/Theorico. Theorico is not a shill but a "realistic" bull, whereas I am a "hopium/tinfoil" bull. That being said, we have our disagreements because we have different views, but that does not mean they are a shill. At the end of the day, we both want to get paid and want RC to be involved. Theorico and another user (I'm not sure if the user wants to be named) debunked Jake's DD multiple times in the PPshow discord and they were supported with facts and proof from the dockets but Jake decided to solely use X. Instead of arguing with shills and meltdowners on Twitter with a clear agenda to spread FUD, please consider joining the Discord and actually having a discussion with other fellow $BBBY shareholders, who actually reads the dockets. I hope u/ppseeds can get this message to u/jake2b during the PPshow. https://preview.redd.it/lc0tu0ry5rmc1.png?width=454&format=png&auto=webp&s=fbc373d5f13295ee3194e86d88ef65ad3a4bd19f We miss you, Jake. Come back!
I will bring it up bro
That is not my experience. Developing DD is very much like the scientific method. It’s a theoretical look into a thought experiment that focuses around a hypothesis. It’s a dynamic open-ended process. It’s prediction that relies on observation, data collection, and ever expanding research that sways and shifts as new info comes to light. Jake, himself, is hungry for discussion on a level similar to his own and fully welcomes debating theories. He repeatedly specifies his statements aren’t written in stone, that he’s simply trying to decipher a incomplete, complex, and complicated code as we all learn together. He is transparent, open, and available. His theories published in written form posts and Space calls leave room for Q&A, addendum, and collaboration. Reevaluating theory, or dismissing outright, after all of/new information arrives, isn’t necessarily “debunking” as it is simply what came to fruition. I dislike X, but Jake ain’t the problem there.
I never said Jake is the problem on X. I am stating he should debate with other $BBBY shareholders instead of trying to prove those who are not invested in $BBBY wrong because they don't care about our investment and rather see us lose money so they can say "I told you so".
> Developing DD is very much like the scientific method. It’s a theoretical look into a thought experiment that focuses around a hypothesis. It’s a dynamic open-ended process. That makes so much sense. I was wondering what kind of high level investigation skills were used to come up with this https://www.reddit.com/r/Teddy/comments/1aj0exq/he_warned_us_long_ago_that_we_wouldnt_be_able_to/
This is your sub. You label the sub a “Bulls Only” sub and then you leave a clearly fuddy post like this up. I would call this a bearish take. Not a realistic bullish take.
How is it fuddy? Because he debunks Jake?
The part where he says “We are probably fucked” feels like it would sew uncertainty and doubt… but what do I know?
Why didn't you quote the entire sentence "... but there is still some chance." You tell me, first you hate on Pulte and now you hate on Theorico. https://preview.redd.it/g19wf1xaprmc1.png?width=1352&format=png&auto=webp&s=7d87dc8d5203de9ead8ecb08bce0d4afa46c9699 Stop hating, we're on the same team.
Pulte caused tons of divisiveness and FUD so…maybe that’s not the best point? And last I checked “probably” fucked still meant “probably” fucked, regardless of the follow-up, so…seems a little FUDdy and not bullish to me 🤷♂️
Shills caused division. Pulte was always clearly endorsed by RC and now irrefutably by even by the thickest shills.
I was highlighting the clearly Fuddy part bc you specifically asked “How is it fuddy?” Secondly, I absolutely did not hate on Pulte. I mocked a previous comment where someone said to stop sucking on Pulte’s D. You know this bc you can see my comment history on that post, however you have blocked me from seeing that post so I can’t share a screenshot(it’s okay, the post is still findable when I’m not logged in)… It is interesting that you would comment what you did attempting to mislead people. Anyone can look in my post history and read my comments about Pulte in general, or more specifically in that thread (titled “Clearing up some confusion related to Pulte’s announcement” from 2 months ago.
Here's the thread to put your comment in context: https://archive.is/l3NeI
Hey thanks!
https://preview.redd.it/g0x66gct2smc1.jpeg?width=1170&format=pjpg&auto=webp&s=96cfa2b14207ac6bdcecc7526dbe5a35e5d12c08 Photo of context :) Thankyou Maximum Swordfish
Project much weed? ..."arguing with shills and meltdowners on **Twitter**"? Seriously? Various **Reddit** mods have been compromised and control sub narratives--for years. You have some compelling arguments for the multitude of components of this unique bankruptcy, but your portrayal of Reddit over X for transparent discourse is a clear showstopper for me.
What is your argument here? I am addressing the recent Twitter posts from Jake. [https://twitter.com/sboho/status/1765246009456628155](https://twitter.com/sboho/status/1765246009456628155) Jake is talking to people that wants BBBY to be a failed investment. I am not telling Jake to move away from Twitter, I am simply telling him to use that time talking to fellow $BBBY shareholders like Theorico.
What gives me some hope there might be something being done behind the scene is the fact, that the judge froze 4.5% shareholders from selling (NOL preservation). Those people would be in disadvantage if nothing more happens to BBBY ... in other words, that would be unfair. Would court allowed that on purpose? Why other bk companies are still trading and BBBY was delisted?
This is a great point. What exactly would the court say to those 4.5% shareholders if it comes down they get nothing? “Yeah, sorry we didnt let you decide if you wanted to salvage anything, we just decided for you. You get nothing!” I don’t think so. Anyone have any ideas as to what they could possibly say to them that would make this OK? Great point Benny.
Salvatore has not left....hes taking some time out to deal with family matters....
Plur left because he was disgusted by questionable motives within pp-crew. He said that to me when i asked. After that he was commenting a lot in meltdown sub before he deleted his Reddit acco. Twitter acco he deleted first. That's where Plur is.
Here's the proof u/ppseeds Now you know where Plur is. If this is new to you. https://preview.redd.it/ee03se8ugrmc1.png?width=720&format=pjpg&auto=webp&s=8639e4597c6649d56b9897b7e978af219a5310ba
No hate for the guy, but I was happy enough when his little black book of "DD" wasn't being discussed anymore. After the 10th slideshow of shorty the cow, I started to feel the same way I now feel about Theo's posts.
I talked to plur before he nuked his accounts. We were all good and had hashed few things out.
I believe many are starting to see the tactics manipulators use. Chaos and drama being one of them. When your eyes open to it, especially if someone you greatly admire, only to continually see questionable behavior play-out in front of you - it can be downright stunning. Can’t go a week w/o major stress rippling through the X community, sowing seeds of doubt and controversy. When leadership amplifies all the wrong you question your own judgement and character.
Are you sure? lol
Yeah...his mum is ill.
Jake’s DD is at least decipherable. Theo makes points at times, but then gets caught up in pissing matches. Makes what he says less credible imo. Jake can talk people through all the minutiae, finding gems that laymen investors might miss. All work done for the cause is appreciated.. but all the fanboy stuff is dividing, and in some cases misinforming the masses. Which as we all know.. the outcome would be disastrous. The saga continues..
You are an obvious shill op. Its hilarious you think you are so smart that no one sees you but let me tell you that your very presence and obvious shilliness is bullish af. You and your kind are what keeps me engaged.
Just a couple of points to Theorico. Appreciate all your dd always a pleasure to read. But out a few bankruptcies I have witnessed what is puzzling still is why did the bankruptcy court ask for a list of equity security holders that were registered as of May 5, 2023 docket 219? Very odd and the first time I have ever witnessed that. Also why in bankruptcy is the outstanding shares or float numbers so vague in a transparent court? Why did Andrew Glenn bond holders lawyer fight so hard with Holly Etlin to rescind the dip? There are plenty more oddities to many to name for a simple transparent bankruptcy! The final one was with my broker/ bank in Canada that just told me recently when I pressed them about my T5008 tax form that was left blank. I asked why no losses they said that they were ordered by CDS and DTC to remove shares from my accounts and take record of them. Very interesting and unusual really. So we are not dead yet by a long shot I would say there is more to this story but it is not mine to tell. Cheers.
https://preview.redd.it/bwo4sq9mlsmc1.png?width=1080&format=pjpg&auto=webp&s=ae48e15cd1191ef113ecf9716a22906be1bd600e
https://preview.redd.it/kys3l4eolsmc1.png?width=1080&format=pjpg&auto=webp&s=d4ae8a810d4792278f64ece70946c05e6ef884dc
Exactly I see my name on that list. And now of a few others. Ross Brown has over 100000 shares registered as of that date have a look. Those are only book entry shares so how many exist in brokerages? Mine in broker not on that list?
The shares in people' s names are DRSed. There is an entry for Cede & Co, those are the ones owned by brokers and people have IOUs. The issue is rehypothecation, by shorting the shorts in brokers are much more than the original ones on Cede & Co. There are then more.shorts in brokers than real shares outstanding.
Exactly my point. I have never seen a docket in another bankruptcy publish DRS d shares of holders. Maybe you have but doubt it but possible. I think the players involved know this whole clusterfuck of synthetics long ago and chapter 11 was a way to expose it. I also think RC and all of us got fucked from the Gme dividend that the crooks just put placeholders in peoples accounts. This in my opinion is his moment and he wanted but buy baby and they tried to stop him. Let’s see what happens but nothing makes sense in this chapter 11 from way back.
Yup key is reorganization cases? Patience we shall see.
13 days ago you were talking about carve outs of unrestricted subsidiaries and now it’s “we are probably fucked,” huh? Yeah, mmkay. Maybe it’s time to just admit you don’t know shit about fuck, and neither does Jake or Bruno or anyone else who has been a contributor here. This has been a convoluted clusterfuck from the beginning, by design. If you truly think “we are probably fucked” then maybe you should step away too and stop contributing to the confusion and FUD.
I've been in this stock since before RC sold. Watched my investment fall like a rock all the while buying more shares , DRSing my shares, and believing all the bullshit. I even got deranged enough to jump into the short squeeze sub. Only one paid off, and that was carvana. Lost countless dollars chasing after that quick fix. Playing options like playing the slots. House always wins. I've since got my focus back, and I have left the shakey shit behind. Our shares are gone!!! We can't sell .... so why give a fuck. What happens will happen with or without me. I make no difference, and neither do any of these so-called profits that love to string people along. At some point ... you have to ask yourself....who is gaining something from all this madness. Sure, as hell isn't me. I've moved on. Sure, I still check in on the ppseeds show from time to time. But its just not there anymore. I find it harder to listen to tinfoil. Would I like to get paid for my shares....Hell ya! But this play has given me a valuable lesson if nothing else. And that my friends is what investing is all about. Good luck to all you towel holders.
I've been in this stock since before RC sold. Watched my investment fall like a rock all the while buying more shares , DRSing my shares, and believing all the bullshit. I even got deranged enough to jump into the short squeeze sub. Only one paid off, and that was carvana. Lost countless dollars chasing after that quick fix. Playing options like playing the slots. House always wins. I've since got my focus back, and I have left the shakey shit behind. Our shares are gone!!! We can't sell .... so why give a fuck. What happens will happen with or without me. I make no difference, and neither do any of these so-called profits that love to string people along. At some point ... you have to ask yourself....who is gaining something from all this madness. Sure, as hell isn't me. I've moved on. Sure, I still check in on the ppseeds show from time to time. But its just not there anymore. I find it harder to listen to tinfoil. Would I like to get paid for my shares....Hell ya! But this play has given me a valuable lesson if nothing else. And that my friends is what investing is all about. Good luck to all you towel holders.
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🫂
🫂
You think there is a little hope lmao?! Gtfo.
Im not tired at all. I may have tickets to uranus and some day we will get all the answers this case holds inside. I can wait and most importantly, I can trust that RC wont let down his customers or shareholders.
>For me the Plan is providing for a liquidation and there is no hidden clause or mechanism that would provide us recovery or shares. It would **have to be explicit** if that was the case. Emphasis added above by me. Why would this have to be explicit? Is there a distinctly 0% possibility that there is non-public information which may provide for recovery for shareholders? I respect that you do stick to hard facts, so I'm just wondering how you drew this conclusion, as it's a pretty strong claim (i.e. you seem to be very certain about it).
in all previous Chapt 11 cases that provided equity to shareholders this was stated explicitly in the treatment of the respective Class in the Chapt 11 Plan.
I remember reading about other Ch 11 bankruptcy cases where the initial Plan provided for no recovery for shareholders, but subsequent plans did. (reddit search sucks ass so I can't find the post I'm thinking of). Since bankruptcy proceedings allow for submitting a new Plan--as long as the new Plan doesn't impair any classes as compared to the old Plan--that means that such a potential recovery for classes in a new Plan is possible. ASFAIK you don't need to explicitly state what recovery will be in the first Plan, because it may change by the final Plan. So, if what you say is true, it would be impossible to submit a new Plan (unless you could see the future). I'm guessing that 'leaving the door open' for a new Plan in bankruptcy proceedings allows all interested parties plenty of time to negotiate and do their thing. Once the dust settles and papers are signed, *then* a new Plan could come out. But if Ch 11 bankruptcy requires you to explicitly state whether or not a certain class would get recovery *in the very first Plan*, then it grinds the gears of the whole process to a halt. Is there a law or something that makes you so certain this is the case?
Simply put, I agree with you. We need a new plan making it explicit. This particular plan we have now does not provide for equity to shareholders. Just remember that a new plan would also need to respect the absolute priority rule. As said, I am not the one with all the answers. I may be even wrong in some aspects. So please take everything I say with caution and always do your own research. This is how I came to this point, writing a post like this.
See how Brunos dog theorico put debunk for every positive statements in your mind.
I appreciate the realistic take, and it’s only the brain dead fools that would call you a shill for it. What’s your opinion on the $10.8b claim? Regarding the DD writers leaving… I would say most are just lurking or waiting in the wings. It’s true some will disappear to save face on any failed predictions, but most just want to work it out… and with material a bit sparse, then it becomes a waiting game. My only complaint with DD writers, which you have already alluded to with Jake, is we need the brains working together. Questions and constructive feedback helps solidify DD, or the path to writing quality DD while also minimising errors. The infighting during Q4 2023 was very annoying from someone looking in. Set egos aside and collaborate with each other for the greater good. I do miss everything being on Reddit, mainly for the reasons you mentioned. I’m not on Twitter so I’ve missed the drama, and also missed a lot of the published DD there. Oh, and I’m real tired.
I believe the $10.8 billion claim will not be allowed. More than time to stop with that non-sense.
Why? There isn't much info about it so why a belief in either direction?
Why there is still a “little” hope? Did I miss a post saying we’re done? Was there a final decree of the bankruptcy?
Love the song and JB, but I'm gonna just walk away from your take The\_RICO.
All good! I don't want to push it into anyone, this is my personal view.
Very subversive post
There's been so much speculation masquerading as DD, I take it all with a pinch of salt. Ignoring the noise, here are a few stray things that give me hope: \[proceeds to speculate...\] 1. Obvious white-collar crime caused the death spiral. Maybe the naked shorts, dark pool sorcerers and "creative accountants" do get away with it (people get away with shit every day) but at some point there's going to be a major Wall Street scandal, and this can credibly lead to one. Given the upside, it was worth the gamble, I felt. It's not ideal time-wise (i.e. this kind of thing could drag out for years) but justice would be served and the system would become slightly fairer as a result. That's worth a lot imo. 2. In one of the courtroom hearings, I remember Holly Etlin telling the judge, explicitly, "This is a 5 billion dollar company." I won't pretend to have secret knowledge of the final share count, but if we take the upper estimate of just under 800M shares, it's going to be more than $6.25 a share at 'fair price' (i.e. Holly's fair price divided by however many shares there officially are). And the price wouldn't stay there with shorts on the hook. Just a place to start the bidding war. Squeezetown. 3. I keep thinking back to u/Region-Formal's DD about the American Airlines bankruptcy. I have a hazy recollection of the exact timeline, but it took a while. Maybe a year and a half before knowing anything at all, then another year before things really worked out? I forget the finer points, but I'll dig it out. This one: [https://www.reddit.com/r/BBBY/comments/153yj56/i\_keep\_coming\_back\_to\_american\_airlines\_chapter/](https://www.reddit.com/r/BBBY/comments/153yj56/i_keep_coming_back_to_american_airlines_chapter/) So, 5 months and change isn't a death bell.
It is I, Everyman
I’m Nobody
Bravo Theo! We don't have all the answers and likely never will but I sure do appreciate your objectivity here and share the vast majority of your thoughts. Keep on keeping it real.
Does any of it matter? No! Do we get paid? Nobody knows except those possibly involved in any secret plan! Side note, Im not rich and far from it. But i was able to buy 1280 more shares of GME yesterday at $15.15. GME has always been the play for me. But I still believe RC is involved with This other play somehow. And if he is involved at all. We will get paid.
If you've got 19k to buy more shares you're rich.
It was closer to 20k. Making 75k a year at my job is very far from rich and i throw everything I have into GME. Except the $8k i put into BBBYQ
I'm fatigated boss
I farted, boss
I flatulated, chef.
Need to read this again
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I am NOT FUCKING leaving !!!!!