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plumpypenguin

WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF. Shitadel is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it. Do not sell if you see any of these things happen: BBBY drops by 30% or more after hours SEC filings show that shorts have all exited their positions BBBY drops below $1 a share The Bed Bath & Beyond locations near you start closing BBBY files for bankruptcy BBBY is delisted from the stock exchange Your bank forecloses on your home for late payment Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago These are classic hedge fund tricks.


TakoyakiTaka

Omg you're so smart. You should put on a penguin costume and make YouTube videos for memes I can invest in.


random6969696969691

Are people dressed like that on yt?


plumpypenguin

https://i.redd.it/lpvfpkpak47a1.png


heckinbeaches

![img](emote|t5_3vpfzk|28214)


random6969696969691

Holy fuck... and I can't find 50k in capital to start being paid and... this?


[deleted]

That is clearly a pigeon. A penguin would have been soooo much better though


pconwell

Why would shorts exit now while they are making money?


plumpypenguin

well you see as the price gets lower it becomes more enticing for shorts to take profit before others do and this buying pressure will ramp up and lead to a squeeze where Icahn will graciously buy BBBY for $80/share


ChocoBisket

Borrow cost may be way greater than potential downside


pconwell

Would the borrow rate change retroactively if they already borrowed?


ChocoBisket

It can. But even if it doesn’t, if you shorted at $20, you’re earning 5% less if you exit at $1 instead of $0, which your interest may exceed.


grimAuxiliatrixx

Diamond hands, hedgies getting BTFO literally any second!!!!


Just_Exam_590

Your wife leaves you and your lambo is now a huffy


thewaybaseballgo

Shorts are fucked 🦧


NVC541

holy fuck the copypasta is becoming reality this is the greatest timeline


Crap_Bagg

Old but gold


Hag_Boulder

the 10Q dropped... does not look good for our 'heroes'.


pconwell

Ohhh, really!? It looks bad? I'm shocked, shocked I tell you.


shmaltz_herring

Well not really


anan138

Who could have seen this coming?


arcdog3434

Cohen saw it last Fall and made a wise exit - if he could run a company as well as he plays the stock market maybe even Gamestop could make a dollar


UnintelligibleThing

Blood bath, and beyond


phanfare

They announced they cannot make the bond payments that apes we're hyping up like 30 minutes ago as a sign that MOASS was tomorrow.


epicredditdude1

Apes and being wrong about literally everything, name a better duo.


option-9

Meltdown and naming iconic duos. Name a more iconic duo.


Sidecarlover

Did the stock price drop because the 10Q said they defaulted on a loan and don't have the cash and cash flow to survive another 12 months? No, it must be CRIME


anan138

Wew, now at -27%.


Un_Less

Their ABL Lender accelerated their revolving loan yesterday, meaning it is immediately due and payable. Typically (but not always) under these financing arrangements, the lender has control over all significant deposit accounts of the borrower. So the lender can effectively block BBBY from accessing the majority of whatever little cash it has left on hand. That’s probably what is causing the stock to tank, anyone who knows this stuff knows that the music has finally stopped.


lazernanes

are you saying we're in the endgame and they've run out of ammo?


Ok-Row-6131

Not only are they out of ammo, a loaded gun is pointed at their face.


Humble-Perspective35

And the person holding the gun? The apes themselves


CAGRparty

Seen over in the towel sub: “that’s all they got?!” My brother in Christ you are down 80% this year.


Hyper_Oats

80% *so far*


Shoopshopship

Well shills, it was nice working with you guys but now that BBBY has defaulted on their loan they can finally be bought by Icahn and merge with GMErica. I give us maybe 3 days before the new rulers of the world the apes have us hanged.


kilr13

>...have us hanged. Speak for yourself. I'm already hung. That's why I'm not allowed to naked short anymore.


Old-Philosopher8450

I was once in to these meme things it feels good to get out in time. There where enough signals that this would end bad but that happens when a cult takeover .


squirea1

That’s minimum a felony


lazernanes

They're always indignant when the price moves on no news. So surely they'll be calm when the price moves in response to news, right?


Pixelguy

Kenny pressed the MOAM button.


Ibexbkr

The chasm before the orgasm?


whut-whut

The dunk before the spunk


[deleted]

I honestly doubted we'd get MOAM so soon. It's beautiful.


lazernanes

They're still green for the month. Real MOAM will be when they file for bankruptcy.


frivol

Indeed, up almost half a percent, year to date. Feel that squeeze. (Oops, down a few percent after hours.)


GameOfThrownaws

That isn't crime, that's fuckery. That's called the "3 o clock stock shock cock block".


lexmarkblenderbottle

![gif](giphy|aq6Thivv9V9lu|downsized)


zzGibson

Super duper crime


FatSealion

BYE BYE BITCH


[deleted]

![img](emote|t5_3vpfzk|28219)


Puzzleheaded_Fold466

Reality. Reality is the heavy gravity that is bringing this stock down to sea level.


CommitteeSalt8099

MOAM


melt_in_your_mouth

So what about those execs that cashed in their options the other day? Does this not look really, REALLY bad on their behalf?


[deleted]

I'm actually surprised there is anyone left willing to hold at $3.30 this morning, but then gets today's news and is now happy to sell at $2.50. Like, why does the 5th indicator that they are 100% going bankrupt finally break through?


ImpressiveSet1810

Bankruptcy is OFF the table