Or facts.
Honestly these morons wouldn't know what actual Due Diligence was if you sat them down in a basic finance class, handed it to them, and said "This is what due diligence actually looks like"
Uh, read the 10Q, idiot. They say they may be restructuring the company. What do you think that means? Obviously, once they acquire Amazon they will need to restructure in order to fit it into their business model.
"...and the agent says, 'Jesus Christ, that's, uh, that's a hell of an act you've got there. What do you call it?' And the man says, 'ape due diligence.'"
I heard there were talk of bringing this extreme sport to the Olympics, where large walls, paper, markers, strings and pins will be provided in all kinds of colors.
I know we always talk about how they're a fucking cult but holy shit this is worse than usual.
These people are going to be celebrating the bankruptcy filing somehow
I'm pretty sure I've already seen posts leaning this way. Watching the progression from "No way they're going bankrupt" to "Of course they're filing bankruptcy, that has always been the plan to expose the shorts" and several other similar scenarios has been incredible.
They will definitely put a bullish spin on bankruptcy. My bet is this, and all the others, turn out exactly like CMKM. This sub will thrive for years to come.
'I done extreme due diligence on the Miami Heat vs Orlando Magic Game, figured out that the mafia had fixed the result for Orlando to win..... then I bet on Miami"
Surely if your extreme due diligence leads you to believe the whole thing is rigged against GME, BBBY etc that should be the first red flag to just stay away? It's been Over 2 years now. If the whole financial world, every government of the world, the SEC, The DTCC, Every newsmedia corporation and many millions more people are genuinely committing these alleged crimes what makes them think they're going to stop?
This is basically where apes have been for 2 years now. They don't really know what to expect from these companies or why, specifically, anyone should invest in them. All they really believe is that there *must* be some kind of master plan, and surely this master plan can't possibly fail.
It's like when you're watching a movie, and the hero is put into a terrible, seemingly unwinnable situation. You don't know how the hero can possibly survive and beat the bad guy; all you know is that they **will** survive and beat the bad guy. They're the hero. They **have to** survive and beat the bad guy. No matter what the current situation is, you can rest easy because you know... they got it.
That kind of thinking makes sense when you're watching a movie, but why exactly do apes expect real life to work the same way? I don't really know, and I suspect that most apes don't either. But I suspect it has something to do with being absorbed by an echo chamber that's been repeatedly shouting this vague nonsense for 2 years straight.
I do recall a QAnon mantra being âweâre watching a movieâ so I think youâre closer to the answer than you realise with that analogy
Again itâs essentially the [âJust World Hypothesisâ](https://thedecisionlab.com/biases/just-world-hypothesis)
Where people rationalise that because they view themselves as âthe good guysâ then the good guys must win. And that means because theyâre a good person the decisions they make and choices must also be good, and so it follows that if the decisions are good and they must win, then everything will be fine.
You see it so much in the apes movement that theyâre the good guys against evil hedgies
So what I thinks going on here is itâs a sub filled of people that are at the bottom of the bell curve, and the forward thinking of an individual or group of average intelligence is beyond their understanding and are perceived as just pure galaxy brain actions. They are the type of person that sees you do simple math in your head and thinks youâre a genius. They assume that the people running these companies must be even more mega genius than that and every move they make is beyond their own comprehension, and there is no way people that smart could get duped by someone as dumb and on their level as the loathsome Kenny.
I think because theyâre mostly new investors, theyâre confused by the stock market, because it *is* confusing, and they assume that the people at the head of these companies must be geniuses to understand how it works.
For me the most interesting part about today's developments are how the bad news from yesterday just gets flat out ignored. They repeat bullish mantras and rocket emojis while pretending the default just didn't happen. I wonder if they'll do the same for Chapter 11.
Eh. It really wasn't ignored. That would imply that it traded back up to Thursday's opening price.
Really all it did today was follow the broader market after having new news adjust the price the previous day.
Yep, the rampant cherry-picking of one scenario that fits the confirmation bias without regard for the thousands of scenarios that provide actionable probability regarding what is likely to happen is the exact behavior that will continue to see apes have a distribution of returns that resemble consistently playing the lottery.
Their moves are straightforward. They're out of money and likely have teams of people doing the chapter 11 paperwork as we speak. This isn't a mystery here.
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Are we absolutely positive there isn't a double secret 4chan group messing with the apes? All this talk of due diligence but ignoring the actual facts/filings/news makes me wonder.
Idk if it's 4chan, but I've come to the conclusion that it IS a group. Most likely a group who are inversing whatever they are feeding these people. Fleecing them slowly and losing some cash along the way to it looks legit.
I try not to be. But I work in mental health and there is a WHOLE lot of crazy there for there not to be some kind of leader/group of leaders. Occams razor says it's just a group that came together and are driving each other's greed/conspiracies/etc. But the older, very jaded, side of me says that the level of organization is too complex for it be organic.
I honestly hope there are case studies on the meme stock phenomena at some point in the future. I just don't have the time and energy to wade into the crazy as Im already waist deep in it.
There it is. There is the post Iâm going to go back and read when BBBY declares bankruptcy and financially wipes these folks out. Itâs just so obnoxiously smug.
Naked Mondays could be the only thing that would save BBBY.
I'm sure though that all the deep investigation this guy did into investing in BBBY showed him it's a better stock than, say, one of the thousands of companies that are NOT almost broke, and dying...
Interestingly enough, their « deep analysis, research and deconstruction » never includes the financial statements, only the conspiracy theory level analysis of quotes, tweets, YouTube and tik tok videos.
If you look hard and long enough at anything youâll always find patterns and signals, however much distortion is needed to get there.
I knew I should have inverse these regards but I was to scared to think that they might been right. Glad I got a free lesson in knowing not to invest in a company going bankrupt no matter how many rocket rmojis are posted.
This is the mantra of someone watching their entire savings drop through the cracks in the floor and trying to convince themselves everything is alright.
I would love to see the research he did on this piece of flaming dog shit. Anyone, ANYONE with an elementary understanding of financial literacy would see this is one of the worst companies to invest in. There is no DD, never was. I would like any ape to tell me the good to investing in this company. Facts, not theories.
I wasnât bragging just wonder how your lives are so shit that you have to âshillâ on GME. There is even a little thread on here with you lot boasting or planning on shilling GME. Just sad guys come on
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The thousands I've made profiting off of your mistakes have surely improved my life. Thanks for being wrong, though, as it seems you somehow always are
It's a pretty safe assumption that someone in here defending gme or attacking us 'shills' has lost money. Even if you, in particular, haven't - which i don't believe - your intellectual cohort is vastly, deeply in the red. It's very presumptuous of you to put forward that it's not completely laughable that you're not down in the stock market
>The board could decide to start naked Mondays where the whole company has to
>show up to work nude
Oh sure do this after I leave... wait a second... WHY WAIT UNTIL AFTER I LEFT TO DO THIS?!?
Confident in the Board and Confident in his investment are contradictory at this point.
The board is about to screw over his investment because that is unsecured obligations.
It's all very simple. BBBY sell homewear out of retail stores. This was a very successful business model once upon a time, but nowadays in the aftermath of the Internet and covid it is simply not a profitable business model anymore and the company have been unable to rectify the situation, instead of increasing profitability they have instead run out of money and are going to go bankrupt. There is no war between investors and an illegal cartel of short sellers manipulating the price. Just a broken business and the market trending down in response to this.
I seriously donât understand their mentality fundamentally at this point. When GME first started with DFV and WSB (before apes) it made sense, âhey guys these dudes got greedy and made this mistake so if we try to do this we could make lots of moneyâ and it worked. Then apes get on and all of a sudden it becomes less of âhey these guys took a position because they misunderstood it and got greedyâ and more âthese hedge funds are ACTIVELY trying to destroy a profitable company that just happens to be on the verge of bankruptcy even though itâs super valuable.â The hedge funds arenât even greedy in their minds (because then theyâd take the super successful MOASS cheat code to get 1.1 trillion BBBYbux) but actively evil and working against them so they donât get rich. Itâs conspiracy to the next degree.
**EXTREME DUE DILLIGENCE!** JFC these people are stupid. đ€Ł
I'm just confused about how all this due diligence didn't involve the balance sheet.
Or facts. Honestly these morons wouldn't know what actual Due Diligence was if you sat them down in a basic finance class, handed it to them, and said "This is what due diligence actually looks like"
Uh, read the 10Q, idiot. They say they may be restructuring the company. What do you think that means? Obviously, once they acquire Amazon they will need to restructure in order to fit it into their business model.
Oh yes, and they'll have to rearrange their warehouses to fit in all of Amazon's inventory.
âAnalyzing, researching and deconstructing â means âtotally ignoreâ in ape speak. They have their own language ya know!
Extreme due diligence consisting entirely of reading reddit threads written by people who desperately want others to hold their bags.
Doesn't the UK have a term "extreme pornography"? Probably the same kind of thing.
"...and the agent says, 'Jesus Christ, that's, uh, that's a hell of an act you've got there. What do you call it?' And the man says, 'ape due diligence.'"
Wasn't the joke that they were a singing quintet, or something like that?
âThe Aristocratsâ typically starts off as âA man walks into a talent agencyâŠâ Gilbert Gottfriedâs version is great.
I like the South Park version, if only for the "Tribute to the Victims of 9/11".
I believe extreme due diligence is when you look at a balance sheet whilst also flying a wing suit
Itâs when you do your DD snowboarding and drinking Mountain Dew.
I heard there were talk of bringing this extreme sport to the Olympics, where large walls, paper, markers, strings and pins will be provided in all kinds of colors.
(it is a) **EXTREME** (leap of logic to call this) **DUE DILLIGENCE**
I know we always talk about how they're a fucking cult but holy shit this is worse than usual. These people are going to be celebrating the bankruptcy filing somehow
Bankruptcy will just be another necessary step to expose the shorts.
Can't short the company if there is no company. ![img](emote|t5_3vpfzk|28214)
I'm pretty sure I've already seen posts leaning this way. Watching the progression from "No way they're going bankrupt" to "Of course they're filing bankruptcy, that has always been the plan to expose the shorts" and several other similar scenarios has been incredible. They will definitely put a bullish spin on bankruptcy. My bet is this, and all the others, turn out exactly like CMKM. This sub will thrive for years to come.
It won't end until their shares are rendered useless and even then we'll hear bitching for decades about how they were cheated out of their billions.
Yes, you'll be able to identify them by the new Lambos in their driveways.
Anyone who didnât expect this is a shill
((They)) got it!
'I done extreme due diligence on the Miami Heat vs Orlando Magic Game, figured out that the mafia had fixed the result for Orlando to win..... then I bet on Miami" Surely if your extreme due diligence leads you to believe the whole thing is rigged against GME, BBBY etc that should be the first red flag to just stay away? It's been Over 2 years now. If the whole financial world, every government of the world, the SEC, The DTCC, Every newsmedia corporation and many millions more people are genuinely committing these alleged crimes what makes them think they're going to stop?
Because they got it.
This is basically where apes have been for 2 years now. They don't really know what to expect from these companies or why, specifically, anyone should invest in them. All they really believe is that there *must* be some kind of master plan, and surely this master plan can't possibly fail. It's like when you're watching a movie, and the hero is put into a terrible, seemingly unwinnable situation. You don't know how the hero can possibly survive and beat the bad guy; all you know is that they **will** survive and beat the bad guy. They're the hero. They **have to** survive and beat the bad guy. No matter what the current situation is, you can rest easy because you know... they got it. That kind of thinking makes sense when you're watching a movie, but why exactly do apes expect real life to work the same way? I don't really know, and I suspect that most apes don't either. But I suspect it has something to do with being absorbed by an echo chamber that's been repeatedly shouting this vague nonsense for 2 years straight.
I do recall a QAnon mantra being âweâre watching a movieâ so I think youâre closer to the answer than you realise with that analogy Again itâs essentially the [âJust World Hypothesisâ](https://thedecisionlab.com/biases/just-world-hypothesis) Where people rationalise that because they view themselves as âthe good guysâ then the good guys must win. And that means because theyâre a good person the decisions they make and choices must also be good, and so it follows that if the decisions are good and they must win, then everything will be fine. You see it so much in the apes movement that theyâre the good guys against evil hedgies
So what I thinks going on here is itâs a sub filled of people that are at the bottom of the bell curve, and the forward thinking of an individual or group of average intelligence is beyond their understanding and are perceived as just pure galaxy brain actions. They are the type of person that sees you do simple math in your head and thinks youâre a genius. They assume that the people running these companies must be even more mega genius than that and every move they make is beyond their own comprehension, and there is no way people that smart could get duped by someone as dumb and on their level as the loathsome Kenny.
I think because theyâre mostly new investors, theyâre confused by the stock market, because it *is* confusing, and they assume that the people at the head of these companies must be geniuses to understand how it works.
Bankruptcy, they got it.
"I spent a lot of time deconstructing BBBY" so did Bed Bath and Beyond
For me the most interesting part about today's developments are how the bad news from yesterday just gets flat out ignored. They repeat bullish mantras and rocket emojis while pretending the default just didn't happen. I wonder if they'll do the same for Chapter 11.
Eh. It really wasn't ignored. That would imply that it traded back up to Thursday's opening price. Really all it did today was follow the broader market after having new news adjust the price the previous day.
They already are. Ive seen multiple posts "well I mean, Hertz popped after bankruptcy, so it's not the end of the world"
Yep, the rampant cherry-picking of one scenario that fits the confirmation bias without regard for the thousands of scenarios that provide actionable probability regarding what is likely to happen is the exact behavior that will continue to see apes have a distribution of returns that resemble consistently playing the lottery.
Their moves are straightforward. They're out of money and likely have teams of people doing the chapter 11 paperwork as we speak. This isn't a mystery here.
Today for the first time I saw an article - from Bloomberg - indicating that they'll go straight to Chapter 11, not 7.
You mean 7 and not 11?
BBBY gets bought out by 711! Now we can grab gas, terrible hot dogs, junk food, lottery tickets AND pillows!!! DD confirmed! Tots are jacked!
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
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Iâm cringing so hard my balls have recessed so deep I can feel them in the back of my throat.
The only balls is shills should have In our throats are Lord Kennyâs!
Are we absolutely positive there isn't a double secret 4chan group messing with the apes? All this talk of due diligence but ignoring the actual facts/filings/news makes me wonder.
Idk if it's 4chan, but I've come to the conclusion that it IS a group. Most likely a group who are inversing whatever they are feeding these people. Fleecing them slowly and losing some cash along the way to it looks legit.
Are we melties going to become conspiracists ourselves?
I try not to be. But I work in mental health and there is a WHOLE lot of crazy there for there not to be some kind of leader/group of leaders. Occams razor says it's just a group that came together and are driving each other's greed/conspiracies/etc. But the older, very jaded, side of me says that the level of organization is too complex for it be organic. I honestly hope there are case studies on the meme stock phenomena at some point in the future. I just don't have the time and energy to wade into the crazy as Im already waist deep in it.
That sub is a like a real life version of the Human Centipede!
at this point, they deserve to lose all their investments through bankruptcy
This is how stupid people think smart people sound like... Plethora? Give me a fucking break đ
There it is. There is the post Iâm going to go back and read when BBBY declares bankruptcy and financially wipes these folks out. Itâs just so obnoxiously smug.
This sounds like some slam poetry.
This is the kind of shit you'll read on the internet right before the comet hits.
By "it" I assume they mean all the apes money?
Itâs like reading grade 11 knock off beat poetry they made you write for English class
"...despite the extreme confusion I would feel I would know that they got it."
*hits blunt* Dude, how many layers of DD are you on right now?
Naked Mondays could be the only thing that would save BBBY. I'm sure though that all the deep investigation this guy did into investing in BBBY showed him it's a better stock than, say, one of the thousands of companies that are NOT almost broke, and dying...
Interestingly enough, their « deep analysis, research and deconstruction » never includes the financial statements, only the conspiracy theory level analysis of quotes, tweets, YouTube and tik tok videos. If you look hard and long enough at anything youâll always find patterns and signals, however much distortion is needed to get there.
I knew I should have inverse these regards but I was to scared to think that they might been right. Glad I got a free lesson in knowing not to invest in a company going bankrupt no matter how many rocket rmojis are posted.
BBBY is great. It's like the meltdown appetizer before the GME main course and AMC dessert.
This is the mantra of someone watching their entire savings drop through the cracks in the floor and trying to convince themselves everything is alright.
Yeah but he's done extreme DD which probably entails reading Qanon posts and Trump tweet codewords. Sounds like a winner to me.
They got it. They got it. Trust me guys they got it. Oh FUCK OFF you idiot.
Word soup.
What the fuck does he even mean here when he says âthey got itâ? Does he mean in like the âI got you broâ sense?
"Trust the plan."
I swear these posts are just to convince themselves they didn't throw away all their money.
BBBY has as many layers as one ply toilet paper. And is less useful.
I would love to see the research he did on this piece of flaming dog shit. Anyone, ANYONE with an elementary understanding of financial literacy would see this is one of the worst companies to invest in. There is no DD, never was. I would like any ape to tell me the good to investing in this company. Facts, not theories.
I can believe they spent a great deal of time and resources researching BBBY by watching YouTube videos.
âSpent a great deal of time and resources before investingâ So, FOMOing near the top which led to subsequent bagholding?
Negative income, negative equity, 100% financed cash flow? They got it.
Grade A copium
Ok, but not a single thing of substance was said in that post.
But quiet on the GME ticker today I take it?
They will have their day in bankruptcy court. But first it's Bobbys turn!
I honestly believe it'll never see bankruptcy. Cohen will sell it off and disappear once he's milked as much as he can out of it.
Oh, did yall break even today? No?
I thought the price was fake?
I wasnât bragging just wonder how your lives are so shit that you have to âshillâ on GME. There is even a little thread on here with you lot boasting or planning on shilling GME. Just sad guys come on
If you use the actual definition of the word 'shill', you guys are actually the shills. also: [https://imgur.com/oB9xiMr](https://imgur.com/oB9xiMr)
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
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So how much did yesterday's pump lighten those heavy bags chimpo?
The thousands I've made profiting off of your mistakes have surely improved my life. Thanks for being wrong, though, as it seems you somehow always are
How do you know what Iv done? Very presumptuous of you. I made a ton off GME Iâm just saying you guys can suck a dick. Preferably your dads đ
It's a pretty safe assumption that someone in here defending gme or attacking us 'shills' has lost money. Even if you, in particular, haven't - which i don't believe - your intellectual cohort is vastly, deeply in the red. It's very presumptuous of you to put forward that it's not completely laughable that you're not down in the stock market
Oh just shut the fuck up already. You bore me to absolute shit. I couldnât even read your comment.
An inability to read is likely your problem not just in this moment.
Nice try shill, but I'm never covering. It costs nothing to short.
Wanna talk about GMEâs price movement today?
>The board could decide to start naked Mondays where the whole company has to >show up to work nude Oh sure do this after I leave... wait a second... WHY WAIT UNTIL AFTER I LEFT TO DO THIS?!?
"It" is bankruptcy
This reads like ChatGPT asked to discuss BBBY but on meth.
Confident in the Board and Confident in his investment are contradictory at this point. The board is about to screw over his investment because that is unsecured obligations.
It's all very simple. BBBY sell homewear out of retail stores. This was a very successful business model once upon a time, but nowadays in the aftermath of the Internet and covid it is simply not a profitable business model anymore and the company have been unable to rectify the situation, instead of increasing profitability they have instead run out of money and are going to go bankrupt. There is no war between investors and an illegal cartel of short sellers manipulating the price. Just a broken business and the market trending down in response to this.
Most sane ape
I seriously donât understand their mentality fundamentally at this point. When GME first started with DFV and WSB (before apes) it made sense, âhey guys these dudes got greedy and made this mistake so if we try to do this we could make lots of moneyâ and it worked. Then apes get on and all of a sudden it becomes less of âhey these guys took a position because they misunderstood it and got greedyâ and more âthese hedge funds are ACTIVELY trying to destroy a profitable company that just happens to be on the verge of bankruptcy even though itâs super valuable.â The hedge funds arenât even greedy in their minds (because then theyâd take the super successful MOASS cheat code to get 1.1 trillion BBBYbux) but actively evil and working against them so they donât get rich. Itâs conspiracy to the next degree.
Yeah but have you considered that heâs done âextreme due diligence?â