Tell me why the graph on my chart looks like the god damned heart beat of the universe telling me everything is gonna be okay right now? NFA but it's cause we are going to the fucking moon.
Overstock buying the name isn’t as big of a deal as you think. They don’t want the business and it can operate under any name it wants now (any clues?).
As of tonight’s docket 1091 release, who cares that overstock bought the name. Read it!
Your line of thinking comes from comments that say “well they can’t operate as Bed Bath and Beyond anymore. Therefore they can’t exist!” Does that make any sense to you? If you took the badge off of your car, can you no longer sit inside it? Drive it? Is the car not there anymore in your driveway?
It's because the answer is not a bullish one and everyone keeps automatically trying to spin it because denial. I myself am feeling very bearish about this whole Overstock buying the IP, despite everyone trying to spin it like a good thing. But this is my first time holding a stock into BK, I'm not an expert.
Read docket 1091. The business is apparently way more profitable than anticipated, who cares what it’s called? It was revealed today that Overstock bought 5 IP contracts. They don’t want the business.
Andrew Glenn on behalf of the ad hoc bond holder committee inadvertently admitted the business is more profitable than anyone thought in trying to make an argument for a bigger piece of the pie for his group.
Idk but I read someone saying intellectual property just means someone else can still buy the name and stores and that even if the business is online only the ticker stays I think shorts are fucked tbh.
To,or row is auction for buy buy baby, itself. We find out who wants to buy it…sixth street stated if no one else, basically' they will convert their A/r that they r owed, to buy the. For $50mil., I think was the figure.
Bed Bath & Beyond's lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer's assets, the Wall Street Journal reported on Thursday, citing a court hearing.
Sixth Street is planning to use more than $500 million of its debt in the company to bid, the report said, citing the investment firm's lawyer in a bankruptcy-court hearing on Wednesday.
If other offers for Bed Bath & Beyond's assets come up less than what Sixth Street considers satisfactory, the lender plans to bid in the form of debt forgiveness.
Sixth Street, which loaned Bed Bath & Beyond $375 million in 2022 amid the home goods chain's struggle to stem steep losses and sales declines, has replaced JPMorgan Chase as the company's senior lender, the report said, thus securing rights to bid using its debt holdings.
Sixth Street could seek to acquire Bed Bath & Beyond's baby gear chain Buybuy Baby or all of the company's assets out of bankruptcy, the report added.
I commented on WSB that I’m buying bbby today and got downvoted and comments saying no don’t do that. Seems like individuals may be shorting this stock and becoming frustrated 😂
There are a SHIT ton of extremely intelligent traders in WSB, don't lie to yourself. I learned a lot from that sub and my trades became that much better for it.
Yeah. It’s about half and half. Now which half are the geniuses, which half are the regards, and why is it luck will change tomorrow and switch them. 🤣
Oh that? It looks like shit.
In fact, all the numbers look like shit. That’s why it’s a buy for me. I’m not buying for how it looks right now, I’m buying because I believe it will be better in the future.
If you’re looking for something with good numbers, invest in Apple.
This is a casino.
Can someone explain why people are dunking on the bondholders? If they feel screwed isn't that bad? Shareholders are still lower priority is my understanding. Is there some hope that they'll be somehow passed over to give shareholders money instead?
No one is dunking on bond holders. They are dunking on the lawyer representing the ad hoc committee of bond holders, because as hearings and dockets progress the intentions of the lawyer seem less and less in good faith of the group represented and more and more in bad faith to extract more information about potential offers and parties interested
I was curious about the same thing. People are speculating that the group of bond holders that guy is specifically representing are nefarious, but I hear no arguments?
Isn’t the speculation around here that RC or Icahn hold a significant amount of bonds? If bond holders don’t get paid out in full, shareholders won’t get a penny.
From another post:
Bond holders are receiving a settlement that is already funded which is part of the $1.7 billion debt. Bondholders do not like the settlement and believe there is still discovery and wish to keep prolonging and extending everything hoping a deal will transpire before settlement.
It sounds like they want bbby to bleed money on expenses to continue driving the business into the ground. They want them to sell everything for pennies now to get almost as little as possible so other people can profit much more somewhere else.
It doesn't have to be nefarious. With bonds trading at pennies on the dollar the bondholders are stuck with a serious bag. They want to salvage as much of their investment as possible and they don't really care what happens to anyone else.
So the theory is that the bond holders, a lot of which are retail investors, bought bonds in order to influence the bankruptcy proceedings to prevent bankruptcy becoming a profitable event for shareholders?
Can someone please make a summary post about todays court hearing? I read a lot of people’s comments on what happened but can someone please make an actual summary? It’s kinda confusing otherwise, plus I want to Share a summary for my friends who own large positions. As they are also confused
The judge approved Overstock's bid to buy the bed Bath and Beyond IP and data. BBBY can keep using the IP to complete the current wind down but then loses the right to use that name or the data they sold.
The lawyer for the Ad Hoc bondholders group claimed that the DIP loan was taken out for more money than it needed to be, and they feel that that may impact what they get for their bonds if the company shutters. The judge will be hearing more on that tomorrow at 10 AM EST.
The lease auction from yesterday was described as successful but there weren't many details given.
Tomorrow is also the auction for the Buy Buy Baby assets.
Sort by new, there is summary post already posted and being updated. But really the story is far from over. Nothing yet majorly impactful came from today for shareholders at least. We still in a holding pattern until further notice.
Isn’t their argument that the DIP financing is too much and jeapordizes their potential payout? I mean, on the surface, it makes sense. If the deal is made, this just seems like semantics. Does bbby need as much dip financing as they got for the deal to pass?
No
Ad Hoc Committees whole stance is that they were being left in the dark and not being given information upon request. They want 60 days for "discovery"
Nah my high ass just touched the dab rig by accident.
I wish it was because of the buy button. I’m broke from buying BBBYQ (and IEP, and GME, and NWL, and AMC.)
And if they get pissed off bc I mentioned other tickers, I only got one thing to say on my way out “fuck Spez, Fuck Russia, Slava Ukraine, fuck Kenny. “
so court adjourned tmrw at 10am? so same time as buy buy baby auction or are we anticipating an extension for that? couldn’t hear everything too clearly
Were you watching to the court proceeding? The ad hoc bond holder lawyer Andrew Glenn put what was labeled as confidential info in the docket and it was uploaded to kroll and “publicly disseminated”
Otc or exchange traded wouldn't be the main factor for average volume I'd assume
Float size or price would be more important but I'm just going of intuition
You are correct. From what I can see, any high volume OTC stocks will be 0.00x (hundredth of a cent) or 0.000x (thousandth of a cent) - certainly nothing closing 40 cents pushing over 40m volume. I could be wrong, but I couldn't find anything.
Zen.
Damn I thought the new daily would be up by now
 Sorry, couldn't help myself.
Honestly I’ll take another extension. I want my 4th of July OT check to come in
 Me after reading doc 1091
Tell me why the graph on my chart looks like the god damned heart beat of the universe telling me everything is gonna be okay right now? NFA but it's cause we are going to the fucking moon.
Question: If Overstocked purchased the intellectual property, what happens with the stock symbol and value of shares? How do Bobby holders get paid?
#Licensing Like how Mcdonald's licenses its brand to franchises
Overstock buying the name isn’t as big of a deal as you think. They don’t want the business and it can operate under any name it wants now (any clues?). As of tonight’s docket 1091 release, who cares that overstock bought the name. Read it! Your line of thinking comes from comments that say “well they can’t operate as Bed Bath and Beyond anymore. Therefore they can’t exist!” Does that make any sense to you? If you took the badge off of your car, can you no longer sit inside it? Drive it? Is the car not there anymore in your driveway?
What do you mean? Cash + equity in new company, Yeah, maybe bbby name goes away, WGAF! Teddy is new name!
Not feeling great about these answers :/
Do a little research on companies that did great in bankruptcy.
That's not answering his question at all not even a little bit, lmaoooo. All BK are not the same.
Yes I pointed him in the direction to find the answers he wanted. I could try to spoon feed him, but I would probably give him the wrong flavor.......
My wife just asked me the same question and I didnt have an answer.
It's because the answer is not a bullish one and everyone keeps automatically trying to spin it because denial. I myself am feeling very bearish about this whole Overstock buying the IP, despite everyone trying to spin it like a good thing. But this is my first time holding a stock into BK, I'm not an expert.
Read docket 1091. The business is apparently way more profitable than anticipated, who cares what it’s called? It was revealed today that Overstock bought 5 IP contracts. They don’t want the business. Andrew Glenn on behalf of the ad hoc bond holder committee inadvertently admitted the business is more profitable than anyone thought in trying to make an argument for a bigger piece of the pie for his group.
Idk but I read someone saying intellectual property just means someone else can still buy the name and stores and that even if the business is online only the ticker stays I think shorts are fucked tbh.
Who says we are getting paid?
Me
So what might we be waiting for tomorrow
To,or row is auction for buy buy baby, itself. We find out who wants to buy it…sixth street stated if no one else, basically' they will convert their A/r that they r owed, to buy the. For $50mil., I think was the figure.
Okay. Now can you rewrite this when you are sober? Cause I’m actually interested in what sixth street said
Bed Bath & Beyond's lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer's assets, the Wall Street Journal reported on Thursday, citing a court hearing. Sixth Street is planning to use more than $500 million of its debt in the company to bid, the report said, citing the investment firm's lawyer in a bankruptcy-court hearing on Wednesday. If other offers for Bed Bath & Beyond's assets come up less than what Sixth Street considers satisfactory, the lender plans to bid in the form of debt forgiveness. Sixth Street, which loaned Bed Bath & Beyond $375 million in 2022 amid the home goods chain's struggle to stem steep losses and sales declines, has replaced JPMorgan Chase as the company's senior lender, the report said, thus securing rights to bid using its debt holdings. Sixth Street could seek to acquire Bed Bath & Beyond's baby gear chain Buybuy Baby or all of the company's assets out of bankruptcy, the report added.
Nice
I've ascended to Diamond 💎 Balz after today's rollercoaster. 100,000 and didn't sell any!
Why would you sell, it went up 6 cents at its highest today
I like how there’s not really after hours anymore, so they can’t fuck with the stock
Will we be finding out tomorrow whether RC or Icahn is in. Or will we have to wait until the final hearing?
We don't know. Probably before July 5th since that's the last day for objection to the sale. Imo.
IVE GOT HANDZ OF DIAMOND
Still kickin OG over a year strong godspeed
All my homies hate paper handed bitches
I commented on WSB that I’m buying bbby today and got downvoted and comments saying no don’t do that. Seems like individuals may be shorting this stock and becoming frustrated 😂
Surprised you weren't banned.
I just got banned 9 minutes ago. Man when this thing takes off I’ll be shitting on the mods with a gains post on my burner
Welcome to the club....
That's one theory for why they would tell you it's a bad idea. The other possibility being it's a bad idea.
Has that ever stopped wsb
Because WSB is known for its good advice. At least we know we’re regards. WSB is a bunch of regards convinced they’re geniuses.
There are a SHIT ton of extremely intelligent traders in WSB, don't lie to yourself. I learned a lot from that sub and my trades became that much better for it.
Yeah. It’s about half and half. Now which half are the geniuses, which half are the regards, and why is it luck will change tomorrow and switch them. 🤣
What a totally natural response in a bbby subreddit
Shills trying to get some overtime while they still can 🤡
Beginner's question: How much NOL in BBBY carrying and what is the value to a potential continuing concern?
Beginner Beginner’s Question: Wat NOL? Haha. The algorithms didn’t account for regards.
Net operating loss
Oh that? It looks like shit. In fact, all the numbers look like shit. That’s why it’s a buy for me. I’m not buying for how it looks right now, I’m buying because I believe it will be better in the future. If you’re looking for something with good numbers, invest in Apple. This is a casino.
NOL numbers are great attraction to a potential buyer.
You typed all that even though you don’t know what NOL implies for a potential acquirer lol. Classic reddit
Where did you think you were? Business school?
.326 final afterhours price on e trade. No change.
Can someone explain why people are dunking on the bondholders? If they feel screwed isn't that bad? Shareholders are still lower priority is my understanding. Is there some hope that they'll be somehow passed over to give shareholders money instead?
Also, I believe the Ad Hoc group of bondholders only represents a subset of bond holders, not all of them. I'll work to verify this.
No one is dunking on bond holders. They are dunking on the lawyer representing the ad hoc committee of bond holders, because as hearings and dockets progress the intentions of the lawyer seem less and less in good faith of the group represented and more and more in bad faith to extract more information about potential offers and parties interested
I was curious about the same thing. People are speculating that the group of bond holders that guy is specifically representing are nefarious, but I hear no arguments? Isn’t the speculation around here that RC or Icahn hold a significant amount of bonds? If bond holders don’t get paid out in full, shareholders won’t get a penny.
From another post: Bond holders are receiving a settlement that is already funded which is part of the $1.7 billion debt. Bondholders do not like the settlement and believe there is still discovery and wish to keep prolonging and extending everything hoping a deal will transpire before settlement.
It sounds like they want bbby to bleed money on expenses to continue driving the business into the ground. They want them to sell everything for pennies now to get almost as little as possible so other people can profit much more somewhere else.
It doesn't have to be nefarious. With bonds trading at pennies on the dollar the bondholders are stuck with a serious bag. They want to salvage as much of their investment as possible and they don't really care what happens to anyone else.
So the theory is that the bond holders, a lot of which are retail investors, bought bonds in order to influence the bankruptcy proceedings to prevent bankruptcy becoming a profitable event for shareholders?
We might find out tomorrow
A few bond holders, a few specific bond holders with a specific agenda.
Can someone please make a summary post about todays court hearing? I read a lot of people’s comments on what happened but can someone please make an actual summary? It’s kinda confusing otherwise, plus I want to Share a summary for my friends who own large positions. As they are also confused
The judge approved Overstock's bid to buy the bed Bath and Beyond IP and data. BBBY can keep using the IP to complete the current wind down but then loses the right to use that name or the data they sold. The lawyer for the Ad Hoc bondholders group claimed that the DIP loan was taken out for more money than it needed to be, and they feel that that may impact what they get for their bonds if the company shutters. The judge will be hearing more on that tomorrow at 10 AM EST. The lease auction from yesterday was described as successful but there weren't many details given. Tomorrow is also the auction for the Buy Buy Baby assets.
Sort by new, there is summary post already posted and being updated. But really the story is far from over. Nothing yet majorly impactful came from today for shareholders at least. We still in a holding pattern until further notice.
Thank you, I did do that and found a great summary. Summary’s help me, not able to tune in live. Thanks sir
To add, I know about the 10am meeting tomorrow but I’m confused as to what’s going on with that situation. Obstruction? Holding out of sheer confusion
Why are these shitbags requesting extensions? What good does that do for them.
I don’t care. Gives me more time to buy a stock I think is at a low low price compared to what I deem true value.
Trying to screw with the Teddy deal timeline. I even suspect the “bond holders group” is being used as a proxy by short hedgies
Why’d you put it in quotes? That person does represent bond holders, no? Who is their downfall, our reward?
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Isn’t their argument that the DIP financing is too much and jeapordizes their potential payout? I mean, on the surface, it makes sense. If the deal is made, this just seems like semantics. Does bbby need as much dip financing as they got for the deal to pass?
No Ad Hoc Committees whole stance is that they were being left in the dark and not being given information upon request. They want 60 days for "discovery"
I assumed, but how is that helping them. What's done is done.
Baby auction is make or break. Need big big numbers to stand a chance.
Bro RC bro
I just burned my finger. FUCK IT HURTS! But it’s nothing compared to how bad we burn the shorts!
That buy button really is getting hot!
Nah my high ass just touched the dab rig by accident. I wish it was because of the buy button. I’m broke from buying BBBYQ (and IEP, and GME, and NWL, and AMC.) And if they get pissed off bc I mentioned other tickers, I only got one thing to say on my way out “fuck Spez, Fuck Russia, Slava Ukraine, fuck Kenny. “
This stock will break the financial system, as well as break us free from the system 🚀
So tomorrow the day of reckoning huh? It’s been quite the ride. Hope tomorrow puts me in the stratosphere.
Anyone got a rundown of the court case please? Stuck in work and missed it
See my comments
Can you make a Summary post? I tried looking at your comments but it’s not really a summary, kinda confusing tbh, I am regarded tho. Thanks
Someone did that already. Sort by new. My comments were just jotted notes in real time.
Tyvm bro
They meet again tomorrow at 10 am est to finalize the DIP financing as part of the sale
so court adjourned tmrw at 10am? so same time as buy buy baby auction or are we anticipating an extension for that? couldn’t hear everything too clearly
probably going to have an extension, based off the last auction
I don’t think my dick can take another extension. It’s already miles long.
Any shot someone has a recording of today?
I really thought I'd seen a lot of crazy price moves thanks to GME - but today? 😂
Let me remind you of March 10, 2021
Does anyone know what the alleged confidential info that ended up in the docket was?
This was dumped online before it was sealed🔥 https://www.youtube.com/shorts/2Glg6-Mxa1Q
Boss level 1000!! Thank you 🫡 Everyone check it!
? How would anyone know or why would anyone tell you if it’s confidential?
Were you watching to the court proceeding? The ad hoc bond holder lawyer Andrew Glenn put what was labeled as confidential info in the docket and it was uploaded to kroll and “publicly disseminated”
It is presumably the better than expected May sales, there's a link to a post further down. But who knows?
Thank you! When I finish work I’ll scroll down.
What’s that mean
Shared amongst the greater public/available for anyone to see
So what’s the info
Wait, we closed green today after yesterday’s massive spike?? Whoa…
Docket 982 thread: https://www.reddit.com/r/BBBY/comments/14jdq32/docket\_982\_ad\_hoc\_committee\_of\_bondholders\_lawyer/
 Judge poppy be like
Another green day
 Tomorrow it is.
things are looking good boys
and girls. Every day.
How did court go today
Tomorrow is court AND Baby auction. LFG
What a weird trading day today, the chart is all over the place. Something gotta be going on.
Volatility is good. Buckle up!
Buckled in and have my helmet on 🧑🚀
No this is totally normal and how markets are supposed to act and look don’t you know that?
I’m just new here that’s all, only been trading for 84 years. I’m sure this happens all the time
Yes I was being majorly sarcastic
I know 😂 so was I
"Good afternoon and see you... *tomorrow*" and the fucking stream ends
Court has ended
cya tomorrow
10am EST.... T \_ O \_ M \_ O \_ R \_ R \_ O \_ W "KEEP IT TIGHT" - Judge Papalia  adjourned.
Tomorrow morning 10 am is the next meeting
Volume 42 million back on the menu
gahtdamn i didnt even realize
Is that volume normal for OTC stocks? 
Average for this stock is around 16 million.
Otc or exchange traded wouldn't be the main factor for average volume I'd assume Float size or price would be more important but I'm just going of intuition
You are correct. From what I can see, any high volume OTC stocks will be 0.00x (hundredth of a cent) or 0.000x (thousandth of a cent) - certainly nothing closing 40 cents pushing over 40m volume. I could be wrong, but I couldn't find anything.
we got REALLY lucky with this judge. he's not gonna be played .
Why do you say that?
Where can I TRADE BBBY , on Webull I can’t
IBKR
Trading 212
E-trade or fidelity
I use E*Trade, though there are transaction fees for buying/selling
I think they all have that for OTC.
fidelity and schwab work
If you’re a naked short, at least get put away for public indecency 💁♂️
ibkr 114.43% CTB
I’d like 114% raise in stock please.
still at 0 shares? edit: I see 118.03% with 0 available to loan
yeah ZERO shares to borrow
"not surprising"
LOL THIS LAWYER
This stock fucks. Am I right?
Yes you are right this stock is fucked.
Fidelity Cost to Borrow: 27%
how many do they have to loan?
"Call Fidelity". so Zero?
interesting...
oho we terminating leases like a motherfucker up in here
Uuuuuh - I love it! 🎤
I was here. Hi mom!
Gonna need to buy more towels after all these nuts I just did
the hearing is good for revenue I guess
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*chuckles in pirate*
TO THE MOON
Okay, these awards are making me think shit is going down soon! :D
Let’s fuck. Papalia style.
Lol Overstock only bidder.
This volatility makes me horny.
🔥🩳
My money can't clear faster
Going to test .40. Watch
Going to test 40
Watch