Bed Bath & Beyond Inc (fka BBBYQ)

[shajandr]

Sorry butt BBBY is going to BBBYQ and then lights ~OUTT. This is the only trajectory the balance sheet and P&L can support.

I am v. good at sniffing ~OUTT BKs (e.g., the old CHK - old CUSIP now cancelled in BK, Silvergate, etc.) and BBBY smells quite dead to me. The financials are an obituary and a death certificate.

It is possible that, like CHK, BBBYQ will be able to put together an approvable reorg plan, butt that is cold comfort to existing common stockholders who will either be zeroed~OUTT entirely or diluted to dust as the creditors claim all the equity.