Replies to post #8906 on Bed Bath & Beyond Inc (fka BBBYQ)

[1manband]

My god, everything you wrote is complete nonsense.

Do you realize the remaining unpaid liabilities and debt of BBBY are attached to the equity? So if someone were to pay even 1 cent for all of BBBY shares, they would immediately be saddled with the 1.5 BILLION in unpaid liabilities?

Bankruptcy is not a "get out of debt free" card.

THAT is why no one wanted BBBY shares. Not before the bankruptcy, not during the bankruptcy, and certainly no after the bankruptcy.

And what makes it even more ridiculous is that BBBY has been liquidated. All the assets are GONE. All that BBBY has left is the $1.5 billion they still owe. Not really worth anything, is it?

The stock has been cancelled and is worthless. Now and FOREVER.

[Prudent Capitalist]

LMFAO! There are no BBBYQ shares to exchange for as they have been cancelled and deleted. Why would anyone try to trade for non-existent shares? If anyone thought there was any value whatsoever left in BBBYQ it would not have been a liquidation bankruptcy. There weren't even any bidders for BBBY or Buy Buy Baby outright, so only the limited assets with any value were able to be sold at auction, e.g. the trade names, intellectual property and IT assets, along with some of the remaining leases that had some value to them. SMFH

Maybe there's some truth in the whole idea, that bbbyq share will be redeemed for new shares in Butterfly. If Butterfly offered 1 share of Butterfly for every 200 shares of bbbyq it would be a good deal for them.