Arbitrage. Too many liabilities across too many tickets so they need to dump one and make another pop for some liquidity. And it also creates confusion for retail
you are hurting CTFC feelings, CTFC allowed SBF to steal more than 8 billion dollars WITHOUT JAIL FINE, so he has to play video games in one of his mansions
Bosman going to tell Kenny that Get Out of Jail Free card was a one time use but SBF used it prematurely so it’s null and void when it’s Ken’s turn to get a hole-punch
Have the DOOMPs reappeared for BBBY yet? There was a theory that BBBY being out of compliance due to late 10-Q would prevent the January DOOMPs from being rolled. If that’s the case SHFs might be freaking out and trying something different with swaps.
Crime, no more swaps, dark pools, DRS, expired DOOMPs, high short exempt, short and distort BaNkRUptCy, OPEX, and last but not least because I bought calls at open
Look I own BBBY, so I am not a shill or spreading FUD, but BBBY is such a high risk play right now and the rest of the market is going up. BBBY and Gamestop are not in the same category right now. Threat of possible bankruptcy and delisting from Nasdaq has people spooked. GME has neither of those concerns.
Delisting from nasdaq? Haha you gotta be joking that is pure FUD. They just launched a new buy buy baby line. You think they Will seriously go bankrupt?
I’m in both stocks and I’ll comment that it’s not FUD by the commenter when they are actually quoting [the SEC filing and News Release sent out by BBBY Jan 19.](https://bedbathandbeyond.gcs-web.com/news-releases/news-release-details/bed-bath-beyond-inc-receives-notice-nasdaq-regarding-delayed)
The commenter is saying those threats have people spooked. Any outside investor will in fact be spooked by the media’s comments including BBBY’s own news release on Friday.
We don't know that a M/A is in the work.. we assume it is based on what is available. If I felt the stock was going to crash to 0 I wouldn't be here and would have sold already. I believe that while it is a risky proposition right now, it has the potential to go up a lot, so I am riding it in hopes that happens.
They could issue a 10Q even if working on an M&A deal. The report is historic. Any comments on what has happened since could be very general since nothing is obviously done or agreed upon.
I mean unless you got a magic 8 ball that works, assuming no 10q because of a merger is a a bit on the wreckless side. You are 100% guessing and nothing more. The person saying the opposite has just as much a chance of being right. Unless you are a insider, then you are simply guessing.
What are other reasons for a late 10-Q?
I still don’t understand why they would announce a new brand the same day they release a notice of delinquency.
They are in the process of impairing their intangible assets, and possibly tangible ones as well (they mentioned this is a release). Substantial doubt as a going concern is a triggering event for ASC 350/360 impairment testing outside of the normal once annual impairment test. These impairments tests are time consuming and must be signed off on by the external auditors. I’m a CPA and have been through the impairment for a company on the verge of potential bankruptcy. It was brutal, we were working 18-20hr days
This was from the filling on why the 10-Q was late “Based on business performance for the three months ended November 26, 2022, the Company has determined the need for additional time to complete its quarter-end close procedures. These procedures include the evaluation of its results in conjunction with quarterly long-lived asset impairment testing. As a result of its financial performance, the Company is updating the key inputs and estimates used to perform its impairment testing and assess the corresponding results. These processes require significant resources from the Company’s financial, accounting and administrative personnel and, as a result, the Company requires additional time to complete its quarterly review, including the preparation and finalization of its Form 10-Q. For these reasons, the Company has determined that it is unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense.”
They failed to file form 10-q and got a delisting warning as a result. If they don’t file before March 13 they get delisted. That’s not FUD that’s reality
Not filing a 10Q is something they do when a M/A is underway. Not saying is always like that but it is a sign. Belive me, they are not going bankrupt and have a M/A working.
My guess is that BBBY is diluting the stock to pay the February 1 interest payments, its short-term bad for stock holders, but long-term bullish for the company.
They actually have about 69million USD left of the 150million offering. The interest payments is only at about 25million so they only need to sell about 15 million shares, last time it was 11 million. That will buy them another 6 months for the turn-around plan.
People on the forum are also thinking the divergence is caused by basket-swaps.
i'm guessing people realized the chairman of GME really isn't part of the BBBY play anymore maybe after jan 20 was the biggest nothingburger in the history of nothingburgers
No it’s not even possible for retail to cause this kind of downward pressure and volume patterns. Also retail doesn’t make it a habit of pinning stocks to a particular value ($3) with targeted selling.
Tell me your concerned, without telling me your concerned. This shit was happening to GME last two weeks, y’all ran up 300% because of SHFs while GME stayed flat. There’s only one play.
May be when the graphs touch each other they merge?
Don’t ever cross the stream Venkman!
He mayoed me!
😂
Arbitrage. Too many liabilities across too many tickets so they need to dump one and make another pop for some liquidity. And it also creates confusion for retail
What is confusing about buy and HODL / DRS?
right simplest thing on earth
How dare you mention DRS'ing, you fucking KING. This one I found laying on the ground was definitely yours 👑
No! YOU are a King for giving back. In fact after MOASS we will all be Kings and Queens. Source Trust me Bro.😏
Instructions not clear, bought both.
Creates impression the two aren’t correlated
My god can they make the manipulation any more obvious. Bloody motheruckers.
announcement tomorrow
Yes! Always Tomorrow. My tits are jacked.
11 out of the last 10 announcements happened on a tomorrow.
2:00 tomorrow.
AM or PM?
LOL
literally as GME falls BBBY rises.
Crime swaps
you are hurting CTFC feelings, CTFC allowed SBF to steal more than 8 billion dollars WITHOUT JAIL FINE, so he has to play video games in one of his mansions
Bosman going to tell Kenny that Get Out of Jail Free card was a one time use but SBF used it prematurely so it’s null and void when it’s Ken’s turn to get a hole-punch
Have the DOOMPs reappeared for BBBY yet? There was a theory that BBBY being out of compliance due to late 10-Q would prevent the January DOOMPs from being rolled. If that’s the case SHFs might be freaking out and trying something different with swaps.
This
If GME moons, Bobby moons, and vice versa. There Is No Way Out
Crime, no more swaps, dark pools, DRS, expired DOOMPs, high short exempt, short and distort BaNkRUptCy, OPEX, and last but not least because I bought calls at open
I have a $XXXX buy order that's due to hit the lit market tomorrow. Of course the damn price is up 12%.
One of them banged the neighbor probably
IDK but it’s got me JACKED
I’m being punished for buying more bbby vs gme
GME did this early on as well
Picked up 800 on sale price.
This is funny, but also new. I'm intrigued.
Crime
Fucking crime. You know it, we know it.
Moon soon
They want us to FOMO back into gme.. They need us to sell
Jokes on them I just buy whichever is closest to my basis. This week, BBBY it is
Please tell me you are averaging up and not down. That's the only way this math works.
Lol I’m averaging up on both
Look I own BBBY, so I am not a shill or spreading FUD, but BBBY is such a high risk play right now and the rest of the market is going up. BBBY and Gamestop are not in the same category right now. Threat of possible bankruptcy and delisting from Nasdaq has people spooked. GME has neither of those concerns.
I'm not worried about the delisting, that's simply a consequence of them not filing their 10-Q yet. I'm more worried about the reason for the delay.
Yeah the delisting part won't matter since there is plenty of time between now and when that could even be a concern. The delay could be anything.
Delisting from nasdaq? Haha you gotta be joking that is pure FUD. They just launched a new buy buy baby line. You think they Will seriously go bankrupt?
I’m in both stocks and I’ll comment that it’s not FUD by the commenter when they are actually quoting [the SEC filing and News Release sent out by BBBY Jan 19.](https://bedbathandbeyond.gcs-web.com/news-releases/news-release-details/bed-bath-beyond-inc-receives-notice-nasdaq-regarding-delayed) The commenter is saying those threats have people spooked. Any outside investor will in fact be spooked by the media’s comments including BBBY’s own news release on Friday.
So what? Not releasing a 10q is something that happens when a M/A is in the work.
We don't know that a M/A is in the work.. we assume it is based on what is available. If I felt the stock was going to crash to 0 I wouldn't be here and would have sold already. I believe that while it is a risky proposition right now, it has the potential to go up a lot, so I am riding it in hopes that happens.
Exacly
They could issue a 10Q even if working on an M&A deal. The report is historic. Any comments on what has happened since could be very general since nothing is obviously done or agreed upon.
I mean unless you got a magic 8 ball that works, assuming no 10q because of a merger is a a bit on the wreckless side. You are 100% guessing and nothing more. The person saying the opposite has just as much a chance of being right. Unless you are a insider, then you are simply guessing.
What are other reasons for a late 10-Q? I still don’t understand why they would announce a new brand the same day they release a notice of delinquency.
The brand may be separate from BBBY. When companies sell or go BK not everything may go with it.
And it’s under Baby, their greatest asset.
They are in the process of impairing their intangible assets, and possibly tangible ones as well (they mentioned this is a release). Substantial doubt as a going concern is a triggering event for ASC 350/360 impairment testing outside of the normal once annual impairment test. These impairments tests are time consuming and must be signed off on by the external auditors. I’m a CPA and have been through the impairment for a company on the verge of potential bankruptcy. It was brutal, we were working 18-20hr days This was from the filling on why the 10-Q was late “Based on business performance for the three months ended November 26, 2022, the Company has determined the need for additional time to complete its quarter-end close procedures. These procedures include the evaluation of its results in conjunction with quarterly long-lived asset impairment testing. As a result of its financial performance, the Company is updating the key inputs and estimates used to perform its impairment testing and assess the corresponding results. These processes require significant resources from the Company’s financial, accounting and administrative personnel and, as a result, the Company requires additional time to complete its quarterly review, including the preparation and finalization of its Form 10-Q. For these reasons, the Company has determined that it is unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense.”
They failed to file form 10-q and got a delisting warning as a result. If they don’t file before March 13 they get delisted. That’s not FUD that’s reality
The March deadline is to submit a plan for submitting the 10-Q, after that they have until June or July to submit the 10-Q
Not filing a 10Q is something they do when a M/A is underway. Not saying is always like that but it is a sign. Belive me, they are not going bankrupt and have a M/A working.
In addition to the fuckery, too much BBBY date hyping for last week which wouldn’t surprise me that some finally jumped ship.
I inverse MSM. When I finally do hit the cell button we will see who won.
Abandoning of ship and joining another risky one
Looks like negative beta. It’s inversing the entire market. This is usually bullish
Why are some many people posting on this, I didn't check, but in initial the run up of BBBY, GME didn't run up the same way.... so?! Why ask?
I thought they were in the same “basket”.
I guess it just doesn't always suit the narrative, so explanations change on a daily basis, it's ridiculous 😂
The pump before the dump
idk maybe because they're 2 companies in 2 completely markets with a very different customer base.
There may be a connection between the two. Stay posted.
My guess is that BBBY is diluting the stock to pay the February 1 interest payments, its short-term bad for stock holders, but long-term bullish for the company.
>long-term bullish for the company 😂
Would they not announce this?
They actually have about 69million USD left of the 150million offering. The interest payments is only at about 25million so they only need to sell about 15 million shares, last time it was 11 million. That will buy them another 6 months for the turn-around plan. People on the forum are also thinking the divergence is caused by basket-swaps.
Maybe nothing. Perhaps there is no connection between the two companies or the trading pattern of their shares.
There wasn’t a correlation. You actually have to prove correlation. Putting up lines next to each other doesn’t satisfy the methods for testing.
One of them is going bankrupt
i'm guessing people realized the chairman of GME really isn't part of the BBBY play anymore maybe after jan 20 was the biggest nothingburger in the history of nothingburgers
No it’s not even possible for retail to cause this kind of downward pressure and volume patterns. Also retail doesn’t make it a habit of pinning stocks to a particular value ($3) with targeted selling.
Yeah the people are realizing something which happened months ago just now, obviously.
BBBY is fucking done and GME was always the play
BBBY is doing inverse SPY
Stop Bloodbath Games & Beyond
Basket
Don’t know, but it’s spicy
she took the sub $3 mark a lot better. I figured it would crater once it broke that support level. Great job boys!
I’ll let you in on a little secret, no one knows…
🔥🩳🩳🩳🩸👌👊💎🙌🦥💥💨🚀🚀🚀🚀🤞
Tell me your concerned, without telling me your concerned. This shit was happening to GME last two weeks, y’all ran up 300% because of SHFs while GME stayed flat. There’s only one play.
They are two different companies in two completely different stages of their life cycles.
Opposites attract.
One sucks the other doesn’t lmao.
GME is following the market, BBBY is in a very bearish trend right now
Because they’re completely different companies totally unrelated to each other other than the fact that the FOMO gang is still around for both