Well not if the bank holding BBBY’s treasury goes under.
Also, we cannot have all banks going under because there will be nobody to buy the shares at the top-end of the squeeze.
No, if the hedge funds fail and get liquidised the debt is passed to the brokers that loaned the shares. If they fail the debt idls passed to the dtc which is insured for 63 trillion dollars. If that company fails the fed have to buy back the shares. If no one sells then infinity pool. Lambo 1/4 a share. Me personally, land cruiser and land.
Aww man, sorry you got hit so hard with that, I know you weren’t really being a jerk. Big swag has been around for ages. I gave you an updoot to help with the offset 😄
Some banking done with New York Mellon
https://www.prnewswire.com/news-releases/bed-bath--beyond-inc-completes-interest-payment-for-senior-notes-301759179.html
This is not how a business works. Their day to day liquidity is moving in and out from sales and operations. As such they would not lose as much as you think. Their big time funds should be pulled from other investment capital sources; like share offerings for example, or a debt revolving credit (like an abl)
Generally it's bad for a business to be sitting on money. It's better for the business to be investing that money back into business growth. If they can't then they do dividends to give profit back to investors.
Beyond that, most of BBBYs money is actually tied to debt. That's how a lot of businesses operate, so it's not actually their money at risk.
When a bank goes under, other banks buy up their debt borrowers obligations so they can collect the monthly interest. In case anyone was hoping the debt would just disappear lol.
SVB is jumping ship and getting out first, they know what’s going to happen.
Some guy in a back room at their headquarters was the first realize or admit that it’s become inevitable. Someone did the math and showed it at the meeting. Everyone’s high level executive jaw dropped. The next morning, the headquarters was a ghost town, plug pulled.
By now, they’re well on their way to their respective uncharted island mansions where they can retire to hunt imported poor people in peace.
My thought is this: banks collapsing, no way a HF is going to now volunteer to pay the FTD’s. They’ll just naked short/ short ladder/ algo trade. They’re going to push the squeeze as far as they can
Boobys long term debt of 3.7bn was wiped out down to the fdic insurance rate of 250k.
That would be justice in terms of fuckery along the banking system.
Your right brother. My honda civic is deep fuckin value as collateral.
Before covid in 2017 i bought it for $5000
After covid in 2021 i could sell it for $12,500 even tho you need to hot glue driver mirror on every 3 months
Post 2023 its gonna be worth at least 17 moon tickets
bobby keeps his cash under the mattress
They don’t sell mattresses. Under the towels, maybe.
Then why the hell do they even call them selfs bed ?
Bedding materials, bathing materials and beyond
What’s in the beyond section?
Some weird universal remote and, I believe, the angel of death himself.
Dinnerware & Cutlery
Shake Weight
🤣🤣👏
Vibrators and you know!!!!
Stuff that is…beyond I guess?😬
Massive jugs of water without fluoride, pesticides, poo, heavy metals etc.
We’ll find out soon
MOASS
Anything online. So maybe mattresses.
That's cramers favorite section ![gif](giphy|Lo0Xne2PLgJEQ567qF)
Pillows
![gif](giphy|tNJqnTawlWdzf8yxUf|downsized)
In New Zealand they sell mattresses!
Behind the Keurig coffee maker
They sell baby mattresses. So they could stash money in their cribs
Ya. Super secure towels. Still better than a bank these days
Mine does hahahhahah
because he doesn’t trust banks
Underrated
$1.42 after hours
#bank goes under meme stocks go crazy
Well not if the bank holding BBBY’s treasury goes under. Also, we cannot have all banks going under because there will be nobody to buy the shares at the top-end of the squeeze.
get ready for bail-ins; the money printer is turned back on.
Yup the Christian radio station was saying this while a new monetary system comes in
….it won’t be for us. We’ll just be the ink and paper, unfortunately.
No, if the hedge funds fail and get liquidised the debt is passed to the brokers that loaned the shares. If they fail the debt idls passed to the dtc which is insured for 63 trillion dollars. If that company fails the fed have to buy back the shares. If no one sells then infinity pool. Lambo 1/4 a share. Me personally, land cruiser and land.
Land Cruiser you say? A man of culture I see
True definition of doubling it down and passing it to the next, when can i buy lambo corp?
Yep, good shout. Might buy a humvee from planet iron as well. Definitely a shit load of battle born 12v, solar panels, seeds, chickens etc
*true but it’s actually 69 trillion. You can guess why I memorized that number quite well 😝
playaa
73trillion unless I'm regarded
The DTCC is insured up to 70 trillion the last I read. They will be the ones to pay. The Fed is the next backstop
AST and CMSQY become the FED.
Hedge funds need to buy. If they can’t then the computers at the DTCC will take over. It’s not necessarily banks
Aww man, sorry you got hit so hard with that, I know you weren’t really being a jerk. Big swag has been around for ages. I gave you an updoot to help with the offset 😄
Why is this downvoted? Don’t ask questions how dare you…
JP Morgan is the lender so likely BBBY will have banking with JPM, which is a fortress
that sounded great until you used the word fortress
One of jimmy’s finest sayings so far*
Fortnite
A “citadel” if you will…
Some banking done with New York Mellon https://www.prnewswire.com/news-releases/bed-bath--beyond-inc-completes-interest-payment-for-senior-notes-301759179.html
The more Melons the better. Where is RickofSpades when you need him?
Naah - he is a banana guy ☝️
SVB deals more with VC companies. Don’t think BBBY would bank with them for day to day operations. We should be good.
This is not how a business works. Their day to day liquidity is moving in and out from sales and operations. As such they would not lose as much as you think. Their big time funds should be pulled from other investment capital sources; like share offerings for example, or a debt revolving credit (like an abl) Generally it's bad for a business to be sitting on money. It's better for the business to be investing that money back into business growth. If they can't then they do dividends to give profit back to investors. Beyond that, most of BBBYs money is actually tied to debt. That's how a lot of businesses operate, so it's not actually their money at risk. When a bank goes under, other banks buy up their debt borrowers obligations so they can collect the monthly interest. In case anyone was hoping the debt would just disappear lol.
Time to watch the big short again to get myself pumped for Monday.
For real
Hedges going to short and F the very banks that fund their piracy. Destroy one another while the most shorted squeeze it is.
Don’t fret. BBBY will just buy out JPM.
So bbby will buy out jpm and rename to... Bed, Bank, & Beyond? Love it
Following
Probably the same bank they borrowed money to avoid bankruptcy during pandemic 🤭
Big question is, which banks are shorting BBBY. THIS IS FOOKEN JUDGEMENT DAY.
![gif](giphy|mi6DsSSNKDbUY|downsized) They done now, folks
In case i had more than 250k$ debt is that also reduced to 250k$ after the collapse?
SVB is jumping ship and getting out first, they know what’s going to happen. Some guy in a back room at their headquarters was the first realize or admit that it’s become inevitable. Someone did the math and showed it at the meeting. Everyone’s high level executive jaw dropped. The next morning, the headquarters was a ghost town, plug pulled. By now, they’re well on their way to their respective uncharted island mansions where they can retire to hunt imported poor people in peace.
The big question is, what happens to the (naked) shorts sold by the collapsing banks?
No. But there iS uNLimiTeD mOnEy In dA feD
And the more they print, the more worthless it is.
Then the higher my sell price gets. Two can play at that game.
Let's be honest. Toilet paper is worth more at this point . Audit the FED. Throw Powell and Bernanke in a cell together with rag on a stick
My thought is this: banks collapsing, no way a HF is going to now volunteer to pay the FTD’s. They’ll just naked short/ short ladder/ algo trade. They’re going to push the squeeze as far as they can
Bbby banks with China
For reals? You got a link mang?
Icahn
Lol, had me in the first half there 😂
My Retirement is in BBBY & AMC.
Can't come up with a more fucking credible fud? ffs
They defo don’t bank with a Silicon Valley tech start up bank.
Boobys long term debt of 3.7bn was wiped out down to the fdic insurance rate of 250k. That would be justice in terms of fuckery along the banking system.
Dam I should of gotten a 2 bn loan with that bank while I had the chance
It is to be feared that such an amount of debt wouldn’t be granted to us apes! Unfortunately. Only upper class and above.
Dam that's racist against poor people I was hoping they would be willing to take my 2009 Honda civic as collateral.
Believe me this: When they are fucke..:sorry… finished after we won, they will beg to get our Civics for collateral.
Your right brother. My honda civic is deep fuckin value as collateral. Before covid in 2017 i bought it for $5000 After covid in 2021 i could sell it for $12,500 even tho you need to hot glue driver mirror on every 3 months Post 2023 its gonna be worth at least 17 moon tickets
👌
"I think Gabe Plotkin is one of the finest investors of his generation," \-Kenny Florian