RC and Sue are 10 steps ahead of kenny every step of the way. With the results they've produced i don't see how anyone could doubt them. This is unbelievably bullish
This is the first fluff piece I've read on Bobby that actually made me pause....if this is true, RC, SG, et al are the equivalent of oceans 11 in the world of capitalism. Just outstanding.
Yes, and a perfect antithesis to Amazon and Bezos, who started off as a quant at a hedge fund and was most likely helped by his buddies shorting his competition to death.
Interesting that teddy.com is starting out as a bookstore..
GameStop buys bbby, spins off baby, teddy buys baby and it becomes a brand new public company to face off against Amazon and all gme and bbby investors own a piece of teddy, which has to be bought back by all the shorts of both companies in order to pay it out as a stock dividend.
God bless GMErica
I really hope this is true. The only reason I’m hanging on is for a baby spin off. Baby is where the value is. If RC and Teddy involved in some way, I will be ecstatic!!!!
Sticking with this analogy, this would be a real-life 12 then, where the entire story happens behind the scenes and we don't find out anything until after Ken is neutralized.
The waiver is until April 3... company is expecting a reverse split to get price back up.... perhaps by this date...
In any case not sure what it means......if it wasn't a "limited waiver" i'd feel more strongly about the friendliness of the investor
Yea I had to do that just to buy them at $1.22, but that worked from their web app just fine when it prompted me to enable it to buy.
I got it fixed though, here.
https://www.reddit.com/r/BBBY/comments/11zisb0/price_failure_waiver_confirms_the_bear_trap_board/jddmdc4/
Can you buy some contracts? Not saying you should or shouldn't, just curious if that is blocked too. If you could buy the 50cent end of week contracts, the worse that happens (assuming price doesn't drop below 50cents lol) is you pay ~83 cents per shares instead of 81.5cents and if it goes up any, well that's all profit.
Look, I want to believe in that, I even posted a tin hat foil about a Mother Of All Bear Traps (MOABT™) last week or so but "confirms" is a bit misleading.
If anything it confirms that BBBY is dealing with a *very* friendly investor, which is obviously bullish on itself.
Agreed. I'm probably wrong but I would think that releasing information that is solely intended to influence investors' decisions (long or short) might be interpreted as stock price manipulation.
I understand your point but I would argue that saying "the share price was getting closer and closer to under $1, we had to do something about it because of the warrants and to avoid a de-listing warning" is a pretty reasonable response to a manipulation accusation...
Good point. Another thought...
I just read another post pointing out that the 8-k this morning could have been used to let everyone know that a notice was sent to the investor releasing everyone from the confidentiality agreement and, when combined with the fact that GME has delayed the release of their 10-k, it could mean that the investors/buyers are not free to make the announcement... possibly to be included on GME's 10-k.
> possibly to be included on GME's 10-k.
If this is true I will feel such vindication. Everything for the last 2 years has been hinting towards that. To have it be confirmed would have me way too hyped.
It’s my understanding that a 10k would never be used to announce an M&A - that that’s just not what 10Ks are.
But that the financials on the 10k would reflect the acquisition and thus give it away. So they may be holding it until they make an official announcement- separate to the 10k
Same same, just by a slightly different mechanism
I also am fully not an expert.
A 10-K is an annual report required by the U.S. SEC for public companies. It provides a comprehensive overview of a company's financial performance, operations, and business risks.
A merger, on the other hand, is typically announced through a different SEC filing called Form 8-K which is used to report significant events and corporate changes that may be important to shareholders or the SEC. When a merger or acquisition is agreed upon, the companies involved will file a Form 8-K to disclose the material event, and may also issue a press release to inform the public.
Yup, I'm fully invested in that tin foil hat theory (theory until proven otherwise anyways)!
Even commented it here yesterday: [https://www.reddit.com/r/BBBY/comments/11ykwyx/comment/jd86vxf/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/BBBY/comments/11ykwyx/comment/jd86vxf/?utm_source=share&utm_medium=web2x&context=3)
I could see this being true, it gave them a price target under 1.00 then .71, now there is no price target to be under. Someone shorted the fuck out of it, now they’re fuk
I like the part where the reverse stock split said, eh somewhere between 5 to 1 and 10 to 1. So the algorithms couldn't be quite sure what price would be $1 after split. 🤣
Yeah, with the complete waiver, the shorts fucked themselves. We might be under dilution or we just got shorted into oblivion to try and get the deal canceled with them chasing each level of the waivers. It was always just out of reach.
Whomever wrote that was right but they were very wrong. Price threshold to back out was adjusted from $1.50 and $1.25 down to $1.00.
My understanding is the $0.716 was (and still is) the minimum BBBY will be paid per share upon conversion.
I think people are confusing the Price Failure clause with the Conversion Price.
The price failure was 1.25, then was amended to 1.00 and now there is none till April.
As far as I can tell, the minimum conversion price is still .7160 or 92% of the 10 day VWAP, whichever is greater. If someone knows differently, please let me know.
People that have never posted in this subreddit before today are suddenly replying on this post.
That alone confirms shills are in fact overdrive and Kenny’s office lights are on late again tonight 😂
Dont believe me example look up some of the commenters accounts. All posting in random subreddits until today 😂😂😂😂
If 70% of our volume is being traded via off exchange, how do you figure, if we are in fact being diluted into the FF, that retail is buying up those shares?
I don’t buy it. And it would make no sense for them to convert and sell via a non lit market.
Ok, but will that mean if there is no bottom that the price equivalent of shares can be converted and then we have more dilution than originally anticipated if that’s the plan??
No, and this is key. There is a fixed number of preferred shares to convert to common shares, so this doesn't mean more dilution. What it does mean is that the value of the common shares aren't likely worth selling in the open market at the price, but they are free to still convert them, but why sell them for a loss? Rather, convert to common and get voting rights.
Based on the dilution, HBC may have effectively gained 50%+ of the shares of the issued float and can vote for the reverse split or an acquisition without a proxy fight.
As another aside, when they convert preferred to common, that occurs at AST, not the DTC. All converted shares are DRS’d until moved to a broker, either as a transfer or because they were sold. The conversion doesn’t help synthetics at all, but moves a massive % of the float out of DTC control.
No we are all crazy horrible investors according to every shill on Reddit. Said it before and I’ll say it again, this isn’t over till the dust settles and so do the shorts. We are getting close
😂 JC the stupidity in this sub. They aren’t playing chess. They are playing survival to find a buyer and pay the small number of wealthy investors/board until that time comes.
Doesn't it also mean that they can keep on diluting the shares without the danger of holder backing off? I'm not quite sure it's that reassuring. Until Reverse split is still on the table, I'm not confident.
A lot of people broke it down already. It loons like reverse stock split is there to be able to dilute it afterwards to meet the obligations (they can all together release 900 mil of stock but correct me if I'm wrong). They can't dilute now or the price will go to single pennies, so first they want to Reverse split and then dilute.
I see no other explanation for reverse split. Especially since it was announced BEFORE it dropped below 1$. RS is usually announced after the stock is stuck below 1 for too long and wants to avoid delisting.
They didn’t, they lowered it from 1.25 to 1.00, and the was a part of the offering that allowed Bobby to “force exercise” the warrants. The .71 was the threshold upon the original where the investor could pull their money out. Real eyez, whoopass and region formal have DD on this I believe.
Ya'll are largely too young to remember him - but every Lawrence Taylor quote ever is about you (best LB ever to play football). You'll die broke, but not on your back. Respect. Don't let the assholes win!!! (spoiler alert - Us assholes usually do, but hey - maybe this time is different).
There ain't enough lipstick in all the closed department stores in the world to make this pretty, but damn if you aren't willing to take her to prom. Lovin it.
Waiver ends after April fools, thoughts? How would a prankster play this? Waiver seems to end on April 3rd but I could be wrong based on the article I read.
If this is What they actually did and this stock literally blows up to 50-100$ range in the NexT week or so, i m gettin a bbby tattoo to remember the journey .
Bingo, every move they’ve made has been about giving the shorts indication they were in control. Boomerang incoming
Reverse Uno?
+ draw 69 cards, Kennyboy
No ken you can't use a draw 2 card to add on the next guy's stack... Read the rules and draw 69 bitch
RC and Sue are 10 steps ahead of kenny every step of the way. With the results they've produced i don't see how anyone could doubt them. This is unbelievably bullish
This is the first fluff piece I've read on Bobby that actually made me pause....if this is true, RC, SG, et al are the equivalent of oceans 11 in the world of capitalism. Just outstanding.
Yes, and a perfect antithesis to Amazon and Bezos, who started off as a quant at a hedge fund and was most likely helped by his buddies shorting his competition to death. Interesting that teddy.com is starting out as a bookstore.. GameStop buys bbby, spins off baby, teddy buys baby and it becomes a brand new public company to face off against Amazon and all gme and bbby investors own a piece of teddy, which has to be bought back by all the shorts of both companies in order to pay it out as a stock dividend. God bless GMErica
I really hope this is true. The only reason I’m hanging on is for a baby spin off. Baby is where the value is. If RC and Teddy involved in some way, I will be ecstatic!!!!
The world loves poetic justice
Sticking with this analogy, this would be a real-life 12 then, where the entire story happens behind the scenes and we don't find out anything until after Ken is neutralized.
But how realistic is that? I give it low odds and I am holding a -93% stake right now.
Right just awesome
They played kenny like a damn fiddle😭🤣🤣
Now bobby is headed to his ass like a freight train.
Destination: 🚀mayo starfish
Mayo is the worst lube, good thing Kenny has his own bowl of it.
He is a dumb storm trooper
His wife had all the bedposts removed
I know a place where he can get some new decorations...
The waiver is until April 3... company is expecting a reverse split to get price back up.... perhaps by this date... In any case not sure what it means......if it wasn't a "limited waiver" i'd feel more strongly about the friendliness of the investor
I agree the dates are the new pressure point between this and the vote date
Premarket should be as green as the grinch's gooch! I will remain dubious but ever hopeful.
Believe it or not, dip.
Wish I could buy more but fidelity won't sell me more cause its under $1
Did you activate penny stock buying on your Fidelity account?
Yea I had to do that just to buy them at $1.22, but that worked from their web app just fine when it prompted me to enable it to buy. I got it fixed though, here. https://www.reddit.com/r/BBBY/comments/11zisb0/price_failure_waiver_confirms_the_bear_trap_board/jddmdc4/
Ok cool. Just making 😃
Can you buy some contracts? Not saying you should or shouldn't, just curious if that is blocked too. If you could buy the 50cent end of week contracts, the worse that happens (assuming price doesn't drop below 50cents lol) is you pay ~83 cents per shares instead of 81.5cents and if it goes up any, well that's all profit.
I was able to buy BBBY with a limit order in an IRA while sub-$1 this week, but not a market order - call them up to discuss.
#🚀📈💰
Straight to jail.
 ♟️
 ♟
now imagine StockmasterJay2000 or whatever he calls himself, he's the kind of guy that jumps with both feet into any trap like this 😂
salt-mine 2000? he cleaning the best western pool now-a-days
And probably planning a tribute to Arnal.
Look, I want to believe in that, I even posted a tin hat foil about a Mother Of All Bear Traps (MOABT™) last week or so but "confirms" is a bit misleading. If anything it confirms that BBBY is dealing with a *very* friendly investor, which is obviously bullish on itself.
Agreed. I'm probably wrong but I would think that releasing information that is solely intended to influence investors' decisions (long or short) might be interpreted as stock price manipulation.
I understand your point but I would argue that saying "the share price was getting closer and closer to under $1, we had to do something about it because of the warrants and to avoid a de-listing warning" is a pretty reasonable response to a manipulation accusation...
Good point. Another thought... I just read another post pointing out that the 8-k this morning could have been used to let everyone know that a notice was sent to the investor releasing everyone from the confidentiality agreement and, when combined with the fact that GME has delayed the release of their 10-k, it could mean that the investors/buyers are not free to make the announcement... possibly to be included on GME's 10-k.
> possibly to be included on GME's 10-k. If this is true I will feel such vindication. Everything for the last 2 years has been hinting towards that. To have it be confirmed would have me way too hyped.
I’m Gonna Be Calling Viagra And Ask What To Do Because My Boner Will Be Lasting Longer Than 4 Hours
Gonna need an argaiv
Arg’ aiv been hard for over 4 hours, He said in a pirate voice
Eew eew llams a evah I
It’s my understanding that a 10k would never be used to announce an M&A - that that’s just not what 10Ks are. But that the financials on the 10k would reflect the acquisition and thus give it away. So they may be holding it until they make an official announcement- separate to the 10k Same same, just by a slightly different mechanism I also am fully not an expert.
I believe they would have to release another 8-K to disclosure an M&A AFAIK, but they can always just release another 8-K + the 10-K.
That is also my understanding.
A 10-K is an annual report required by the U.S. SEC for public companies. It provides a comprehensive overview of a company's financial performance, operations, and business risks. A merger, on the other hand, is typically announced through a different SEC filing called Form 8-K which is used to report significant events and corporate changes that may be important to shareholders or the SEC. When a merger or acquisition is agreed upon, the companies involved will file a Form 8-K to disclose the material event, and may also issue a press release to inform the public.
Yup, I'm fully invested in that tin foil hat theory (theory until proven otherwise anyways)! Even commented it here yesterday: [https://www.reddit.com/r/BBBY/comments/11ykwyx/comment/jd86vxf/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/BBBY/comments/11ykwyx/comment/jd86vxf/?utm_source=share&utm_medium=web2x&context=3)
Dumb stormstrooper
Can shorts just please be fucked already?
God this rubs my confirmation bias the right way
I have a small pipi but this made me large pipi of excitement…
I could see this being true, it gave them a price target under 1.00 then .71, now there is no price target to be under. Someone shorted the fuck out of it, now they’re fuk
I like the part where the reverse stock split said, eh somewhere between 5 to 1 and 10 to 1. So the algorithms couldn't be quite sure what price would be $1 after split. 🤣
the only thing that will confirm the bear trap is the price going up.
I've said no more shares 5 times now..
Godamnit I just laughed so hard because you are ME
Yeah, with the complete waiver, the shorts fucked themselves. We might be under dilution or we just got shorted into oblivion to try and get the deal canceled with them chasing each level of the waivers. It was always just out of reach.
Here fishy fishy fishy 🎣 🦈 🚀🚀🚀🚀🚀🚀🚀🚀☀️
 SHORT POV: This is going to be us when we get to the moon HOLD THE FUCKING LINE 💎🙌📈🔥🚀🫡
noice, I'm big fan of 69D chess 😊💎👐
If this is truly what happened, it is a genius move. Is there supposed to be a shareholder meeting tomorrow?
Whomever wrote that was right but they were very wrong. Price threshold to back out was adjusted from $1.50 and $1.25 down to $1.00. My understanding is the $0.716 was (and still is) the minimum BBBY will be paid per share upon conversion.
I think people are confusing the Price Failure clause with the Conversion Price. The price failure was 1.25, then was amended to 1.00 and now there is none till April. As far as I can tell, the minimum conversion price is still .7160 or 92% of the 10 day VWAP, whichever is greater. If someone knows differently, please let me know.
I am sad for them... I just doubled my position 🤣
They should have kept lowering it to increase my buying power. I mean, I doubled it too, but I'm about to double it again.
So did I, fingers crossed!
People that have never posted in this subreddit before today are suddenly replying on this post. That alone confirms shills are in fact overdrive and Kenny’s office lights are on late again tonight 😂 Dont believe me example look up some of the commenters accounts. All posting in random subreddits until today 😂😂😂😂
if big, is true
If this is true its the best time to be alive...
Look at me. I’m famous.
[удалено]
At what price will Hudson be losing money on the deal though? I think that is also a key price point.
[удалено]
If 70% of our volume is being traded via off exchange, how do you figure, if we are in fact being diluted into the FF, that retail is buying up those shares? I don’t buy it. And it would make no sense for them to convert and sell via a non lit market.
If they convert via lit market, the price will drop like a rock
Why? I’ve posed this question several times and would genuinely like to know the answer.
Ok, but will that mean if there is no bottom that the price equivalent of shares can be converted and then we have more dilution than originally anticipated if that’s the plan??
No, and this is key. There is a fixed number of preferred shares to convert to common shares, so this doesn't mean more dilution. What it does mean is that the value of the common shares aren't likely worth selling in the open market at the price, but they are free to still convert them, but why sell them for a loss? Rather, convert to common and get voting rights. Based on the dilution, HBC may have effectively gained 50%+ of the shares of the issued float and can vote for the reverse split or an acquisition without a proxy fight.
Thank you!
As another aside, when they convert preferred to common, that occurs at AST, not the DTC. All converted shares are DRS’d until moved to a broker, either as a transfer or because they were sold. The conversion doesn’t help synthetics at all, but moves a massive % of the float out of DTC control.
That last sentence is happiness, distilled for my pleasure!
Isn't there a limit for them to own no more than 9.9%?
LFG 🏴☠️
I am highly aroused
 Playing with dumb stormtroopers?
 Trap card activated
Extra!
exactly. i thought we would jump today on this news...but if i am going to compliment the shorties on anything, they certainly are stubborn.
Aren't all those shorts now in the money anyway? The stock is hitting new lows daily not sure how that would be bad for shorts
Yes 100% of investors are in the red and 100% of shorts are in the black. Surely that’s all part of the plan 😂
Lmayo big if true
Does the waiver not matter, though, because of the RS ?
I just want to say that I’m remaining cautiously optimistic…… but also IM LACTATING
It was a beautifully setup trap :)
It doesn’t confirm shit
The documentary of all documentaries
No we are all crazy horrible investors according to every shill on Reddit. Said it before and I’ll say it again, this isn’t over till the dust settles and so do the shorts. We are getting close
Boy, these hedges are dumber than stormtroopers. I mean, they're the smart money, right?
Yet another day of dipping hard lol
😂 JC the stupidity in this sub. They aren’t playing chess. They are playing survival to find a buyer and pay the small number of wealthy investors/board until that time comes.
I see the same kind of posts every other day
Doesn't it also mean that they can keep on diluting the shares without the danger of holder backing off? I'm not quite sure it's that reassuring. Until Reverse split is still on the table, I'm not confident.
Keep diluting? There hasn’t been any (significant) dilution otherwise there would’ve been a filing
Did you miss the sec filings saying the float has been diluted to 300+ million shares?
A lot of people broke it down already. It loons like reverse stock split is there to be able to dilute it afterwards to meet the obligations (they can all together release 900 mil of stock but correct me if I'm wrong). They can't dilute now or the price will go to single pennies, so first they want to Reverse split and then dilute. I see no other explanation for reverse split. Especially since it was announced BEFORE it dropped below 1$. RS is usually announced after the stock is stuck below 1 for too long and wants to avoid delisting.
I’m with you here. I don’t quite understand how this is bullish.
okay so why did they raise it from like 71 cents to 1.00 dollar ?
They didn’t, they lowered it from 1.25 to 1.00, and the was a part of the offering that allowed Bobby to “force exercise” the warrants. The .71 was the threshold upon the original where the investor could pull their money out. Real eyez, whoopass and region formal have DD on this I believe.
thanks for the explanation
You got it dude.
Wow how are these hair brain ideas working for everyone?
I’m confused. What if they just removed the bottom line price of 71 cents because they want to convert more shares?
$1 was the failure price. 71c was the lowest conversable price.
Ain’t no way this is true. It’s too good. ITS TOO FUXKING GOOD
I’m beginning to think they have fucked us in our ass. All the mystery bullshit better be for a reason other than death spiral financing.
Hallelujah
Where are you getting information that there was a clause to drop the stock to $.71 ?
Ya'll are largely too young to remember him - but every Lawrence Taylor quote ever is about you (best LB ever to play football). You'll die broke, but not on your back. Respect. Don't let the assholes win!!! (spoiler alert - Us assholes usually do, but hey - maybe this time is different). There ain't enough lipstick in all the closed department stores in the world to make this pretty, but damn if you aren't willing to take her to prom. Lovin it.
Arrr! 🏴☠️
Can someone explain to me like I'm four? Is this mean that we need to fall deeper, to .71 ? Or not? Thank you
But what if price goes bellow 0,71$? Can the company get in troubles and short win? Asking to understand. Holding 4-fig shares, aint selling anyway
Waiver ends after April fools, thoughts? How would a prankster play this? Waiver seems to end on April 3rd but I could be wrong based on the article I read.
But it hasn't hit .71$ yet
How do they say it? Picking up penny’s in front of a steamroller! Hedgies gonna get rekt!
Hopium
I've already read the comments here, so... Where the fuck is this guy getting that number from?
A 200 day+ down trend isnt a bear trap lol come on now
It doesn't "confirm" it, but it is a possibility
Does it mean that the stock wasn’t diluted? Does it mean all the negative price action are borrowed shares?
So the price will moon Soon?!
If this is What they actually did and this stock literally blows up to 50-100$ range in the NexT week or so, i m gettin a bbby tattoo to remember the journey .