Bed Bath & Beyond Inc (fka BBBYQ)

[dwagom04]

The price has dropped purely off of shorting and false narratives that the company is going under...

If you look at what they are doing strategically they are positioning themselves to win. The short term share price has been gutted to make it appear this is a major sell. I truly believe in short time we will see the bounce back. With this short count the bounce back will create an even higher price appreciation as shares will be returned. This was truly good news especially given the fact that we were hearing the BK rumors... I am not necessarily a trader, but thought we'd see a quick rise after the announcement. This news has actually turned me to a longer term share holder as by the end of Q3 we will see a nice spike and by EOY those who accumulated will be very please with their holdings.

The FUD being spread is what we see on many boards with high shorting activity. Trying to get those who might have a little shaky hands to give up shares. If you can't see the upside here I truly think selling is in your best interest. Not saying to the moon like a REDDIT poster, however BBBY is primed to win with this restructure. Looking forward to watching it unfold and having a decent chunk invested in it. Truly my only regret is not positioning myself after this update as I would have bought in 40% cheaper and had a few more shares. Best to any shareholders here!