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Oh yes
Zero interest here
There's no way in hell that we are actually having a green day?
I suppose the more weak handed traders that exit BABL sub .02/share, the easier it will be to surpass $0.06 resistance when this thing finally has news
-38%
I picked the wrong day to stop sniffing glue
-38%
I picked the wrong day to stop sniffing glue
Useless post
Hilarious
Lawyers and accountants to discuss
Don't worry, on Saturday it should base and remain pretty stable
I guess you've never heard of the wash sale rule.
Because it's a piece of shit and the CEO doesn't care?
I'm impressed with the lack of interest
This is all so hilarious
Hilarious
Whatever money Bed Bath is able to generate in its liquidation and sale efforts will go to its secured creditors and bondholders, said Eric Snyder, chairman of the bankruptcy department at the law firm Wilk Auslander. He said its shareholders, including its many retail investors who took advantage of its short-lived meme stock craze, will be "wiped out."
"There's always some speculation that someone will come in and save the company and there'll be something for equity but that was never really in the cards here," said Snyder. "At the end of the day it's just another story of another retailer whose bond holders and secured creditors are just going to take it on the chin."
https://www.msn.com/en-us/money/topstocks/bed-bath-beyond-vows-it-can-pull-off-a-sale-heres-what-that-means-for-shareholders/ar-AA1ahgCE
Yes -22.5% is awesome!
BBBY is seeking a buyer but this has nothing to do with reversing out of a bankruptcy
Embattled retail giant Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection. The company says it will implement an orderly wind down of its business and close all 475 of its remaining stores by the end of June. It added that it was seeking buyers for some or all of its assets.
Sears, K-Mart, Burdines, Sports Authority & Service Merchandise to buy BBBY
No I have not been purchasing shares of bed Bath & Beyond
That's because I've been selling off my real estate and have not been trading.
That's hilarious
Unlike most, my trades are posted in real time
Kmart shares got canceled and all shareholders lost 100% of their investment so I'm not sure what you're talking about. I've been trading for over 30 years
Hilarious
*sigh
I'm actually shocked this is still trading in the 20 cent range after the bankruptcy filing
In most segments of the planet, today is Saturday
This stock will most likely go down to the gray/expert market
I'm actually expecting the bankruptcy filing tonight or over the weekend
This forum is officially dead
RIP Bbby
Bed Bath & Beyond Inc. is preparing a bankruptcy filing for as early as this weekend as its falling stock price makes it near impossible to raise enough capital to avert default, according to people familiar with the matter.
The embattled retailer recently said it needed to raise $300 million from share sales by April 26 to stay out of chapter 11. The company will have to stop selling stock by that date, when it would lose eligibility to continue under its share registration documents. Given the stock’s closing price on Wednesday of 46 cents, Bed Bath & Beyond faces long odds to raise that amount of money within that time.
Grease drinking = grief stricken
Got to love voice to text
And this forum goes back to silent mode.
Just like that
I believe Management has until April 26th to gain approval from shareholders to issue more shares to dump into the open market to raise Capital but I'm fairly certain it's going to be a wrap come this weekend.
-38% tell anyone really needs to know keep in mind that whenever there's a chapter 11 filing that's imminent, it's a solid win for anybody that has been short the shares. Some of these shorts choose to cover into the high sell side volume from Grease drinking longs while others just hold to zero
I guess profit taking was in order from most that got in substantially lower. These types of stocks need substantial news in order to not only move them but to sustain the share price without profit taking. The most recent news with their phase one peptide is definitely promising and all I can say is that it's best to just hold on to what you have then to try to sell here at a modest gain or less of a loss than we have seen over the past several months. I'm in this slightly over $1 per share and I really have no intentions of selling it even when it approaches that level. I've seen stocks like this go up 50% - 150% in a matter of days once they cross through that $1 barrier. Let's just see what happens. No rush.
-37% and that's a lot of buying?
Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares fell 37% on above-average volume Thursday following reports the company is preparing to file for bankruptcy in the coming days.
Shorts typically cover into chapter 11 filings because the volume is elevated enough for them to do so