Bebe Stores Inc. (BEBE)

[UNDAUNTED]

Agreement with B Riley to convert Debt to Shares is massive dilution scheme and is about B Riley being able to use BEBE's Net Operating Losses for Tax purposes! TH\hat is the reason they paid a premium for the stock.

If you own BEBE I would take this morning's price of high $5s as a gift and sell. May go higher but this is going to come crashing down when the market digests the implications of this agreement.

Outstanding shares before agreement - 8.2 Million
Outstanding shares after agreement - 11.2 Million (At least, maybe more)