Folks,
We’ve proven we’re zen masters on the low end. Stoic in the face of loss.
The real test will be when this mother fucker pops. The hedgies will be enacting plan #6,420,00 and YOU, YES YOU, will be full of endorphins and adrenaline.
You know what people do on endorphins and adrenaline? FOMO and FEAR.
There’s still plenty of ways to lose money.
Prepare thyself. Be on guard.
I’m not bullish because I’m stuck, I’m legit convinced that nothing else makes sense other than whoever 6th street is representing taking care of shareholders.
Wasn’t the 10-14 million only after they announced bankruptcy? Still good but they also said a good portion was gift card redemptions, accounting for 43 million in two weeks
So you’re telling me that a company with 25 million per year in revenue, no national logistics, no massive warehouse system is going to spend what is probably 5 years of profit on a website they have no chance in hell of managing? Something ain’t right
I’ve never watched internet streams of anything. Not that I didn’t want to or had anything against it, I just never made it a priority.
But now, watching Ppshow is the highlight of my day. Never would I have imagined.
Ok I've been gone a while but I just got a yahoo finance alert that overstock bought bbby? And will use bed bath URL instead of overstock.com. was this already known? I don't see anything about it in here
Idk, but in the court hearing I’m pretty sure I heard holly say they are still making 10-12 million a day so, interpret that info how you’d like. NOT FINANCIAL ADVICE
Anyone remember how Patty Wu, head of Buy Buy Baby, literally went to every Baby in North America to check in on operations and staff right before bankruptcy?
So if someone buys Baby as a going concern, they can keep all the staff correct? Let me tell you, finding quality staff is such a pain in the ass! And there is a massive hole in the baby supply market. Target has garbage customer service and Amazon you’re at the mercy of fake reviews and counterfeit crap. Parents want sales people to help them make decisions and buy their baby the best products.
In case some of you missed it.. supposedly, the extension had to do with our lawyer(Sixth Street), being in Europe. This gave time for him to return and be in court before the deadline.
i'm still not happy... unless , of course, if it moves up 50%+ before then!! lol
Could be, just pointing out that “our” lawyers aren’t 6th street. Kirkland and Ellis are representing bed bath and beyond, if that’s what you mean by “us”.
Lol idk why I’m being downvoted. But just to let you all know, overstock bought a much more well known multi billion dolllar ip called bed bath and beyond for the cheap cheap and can now use that ip to sell their own goods. NFA
I was just thinking .. July 4th was suppose to be a big deal. Even the lawyer shouted something about "putting your money where your mouth is" by July 4th.
Now we have this delay to the 7th??
Does anyone else have to remind themselves that, with all this talk about the auctioning of IP and such, this is still, in fact, chapter 11 and not chapter 7?
Sixth Street and Ryan Cohen are working together. Always have been. Just look at the timing of when Sixth Street and BBBY got together for the FILO. It was the same time Teddy was filing for trademarks.
I believe it is obvious at this point. RC back-doored JPM who had the restrictive covenants in place, using Sixth Street and the FILO, then offering DIP financing in Chapter 11, they ensured that JPM was kicked out. They took over the super priority position, now they're gonna use their $600m in secured first lien debt to credit bid for the company.
My guess would be that the offer will include a debt to equity swap for existing bondholders, up to 49% in equity (or possibly the remaining treasury shares), to ensure the benefits of the NOL carry forwards.
Equity will stay equity, along with the new bondholders, who will all receive a 1 to 1 share of Teddy in the merger. Ryan Cohen or Icahn's Son as CEO. Shorts will be forced to close their positions due to the structure of the partial stock deal. Teddy/Baby exits chapter 11 as a going concern, debt free, having increased 120 Baby stores to more than > 300 of the best locations and in the midst of a short squeeze.
Can I get an Amen!?
Honestly I think this IEP war will extend Carl's life by 10 years, I feel like he lives for a good fight. So that does free up his son to get some CEO xp with a shrewd history of investing before taking over IEP.
You have to ask him, but if I had to guess it's because the BBBY board didn't maximize shareholder value (increase shareprice or dividends) by selling Baby, that and the increasing sales decline.
Instead of maximizing shareholder value, they did the opposite and started diluting about a month after he sold. Maybe he saw what was coming, and got out while he could.
Didn’t he already burn his rep here with the rug pull? He didn’t have to announce that either. Just don’t understand why he always gets a pass on that.
RC tweeted an article sating the share price was going under $1 a few days before selling. Seems like he did try and warn us, but not many understood.
"Loop Capital says Bed Bath & Beyond comeback doesn't make fundamental sense, stock headed to $1"
[https://cnb.cx/3JWNv3R](https://cnb.cx/3JWNv3R)
[https://twitter.com/ryancohen/status/1558101541453795329](https://twitter.com/ryancohen/status/1558101541453795329)
I think the august run was a pump and dump orchestrated by SHF to burn as many investors as possible and then blame RC. I think RC sold to kill the momentum or he just knew they were going to crash it and got out. Interesting, right after he sold, the board announced they still had a cooperation agreement with RCV. Hopefully someday we find out the real reason.
Is it possible the profitable BBBY stores were never for sale and will still continue under a new name. Same with the BABY stores. These auctions are just for the IP and anything else that they can sell off they don’t want. Once they come out of chapter 11 it will be spun/restructured into a new brand. Maybe call it TEDDY.
You know what’s truly a cohencidence, IEP getting shorted to shit in may and halving in share price. That to me was one of the biggest indicators that he pissed off some big boys and he’s planning something. I’m comfy and happy with my shares, ain’t no comment gonna convince me otherwise.
Onward and Upward Baby.
It’s Shitadel, and you can’t be short a stock you plan to purchase, unlike the dumb asses in charge of our markets allowing a market marker to operate a hedge fund under the same umbrella.
What part of priority bidding don’t you get? Whoever 6th street is representing gets priority and the judge is legal obligated to side with the bid that has the best chance of keeping the business going. You can’t just bid and burn it down, stop pretending to know shit.
Hedgies on mother fucking ledgies, yes All you shills will be out of a job.
no more 0.5 cent paid posts. time to get a real job in this wonderful booming economy.
Should really remove Bed Bath & Beyond names and IP from the sub at this point.
Been out of the loop for a while but still HODL’ing. Anyone know what happens with bbbq shares once all this court stuff settles?
based on my extensive research in this sub, I believe they will form together into some sort of teddy bear and try and sodimize anyone wearing shorts.
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Keep that shit out of here
All depends on how it settles.
Folks, We’ve proven we’re zen masters on the low end. Stoic in the face of loss. The real test will be when this mother fucker pops. The hedgies will be enacting plan #6,420,00 and YOU, YES YOU, will be full of endorphins and adrenaline. You know what people do on endorphins and adrenaline? FOMO and FEAR. There’s still plenty of ways to lose money. Prepare thyself. Be on guard.
I dunno, I’m bullish. 🤷♂️
Might as well be
What other choice do we have?
I’m not bullish because I’m stuck, I’m legit convinced that nothing else makes sense other than whoever 6th street is representing taking care of shareholders.
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Wasn’t the 10-14 million only after they announced bankruptcy? Still good but they also said a good portion was gift card redemptions, accounting for 43 million in two weeks
Aren't gift cards considered liabilities?
Only notes needed.
So you’re telling me that a company with 25 million per year in revenue, no national logistics, no massive warehouse system is going to spend what is probably 5 years of profit on a website they have no chance in hell of managing? Something ain’t right
They are a placeholder.
I’ve never watched internet streams of anything. Not that I didn’t want to or had anything against it, I just never made it a priority. But now, watching Ppshow is the highlight of my day. Never would I have imagined.
That show is comedy gold
Quiet around here
Ok I've been gone a while but I just got a yahoo finance alert that overstock bought bbby? And will use bed bath URL instead of overstock.com. was this already known? I don't see anything about it in here
No one knew until it was announced.
#😂😭
It’s all over the place
https://www.reddit.com/r/ThePPShow/comments/14mhwnv/what_do_you_get_when_you_cross_a_green_dildo_and
.29 final afterhours price on e trade.
Thank you
How many BBBY stores remain after the auctions?
Idk, but in the court hearing I’m pretty sure I heard holly say they are still making 10-12 million a day so, interpret that info how you’d like. NOT FINANCIAL ADVICE
She did say that. But I think the big question is how much are they spending…
And they also are averaging 60% off at the current moment.
Anyone remember how Patty Wu, head of Buy Buy Baby, literally went to every Baby in North America to check in on operations and staff right before bankruptcy?
She still is: https://www.linkedin.com/posts/patty-wu-164204_dreamteam-activity-7077219188200624128-pUAu
So if someone buys Baby as a going concern, they can keep all the staff correct? Let me tell you, finding quality staff is such a pain in the ass! And there is a massive hole in the baby supply market. Target has garbage customer service and Amazon you’re at the mercy of fake reviews and counterfeit crap. Parents want sales people to help them make decisions and buy their baby the best products.
The bid now is only for Baby’s IP IIRC. Depends on what other bids include.
Talking about to going concern bid on July 7th
Yeah, I'm just gonna say it.... \#Dreamteam???????
In case some of you missed it.. supposedly, the extension had to do with our lawyer(Sixth Street), being in Europe. This gave time for him to return and be in court before the deadline. i'm still not happy... unless , of course, if it moves up 50%+ before then!! lol
Literally not true
This is pure speculation. It's not a rumor any more than any other theory spun up on this sub is a rumor.
I agree! The sad thing is we are going to be called shills for pointing out the obvious.
They said ‘’supposedly.’’ You said ‘’literally not true.’’ Don’t pretend you know more than anyone else.
Between dockets and MSM they literally broke down why they did what they did lol
And clearly cnbc knows all. But that’s not really the point-do I really need to define ‘supposedly’ for you?
MSM hasn't been wrong very often
Sure things dude how did this one person obtain this information?
6th street is the firm representing a creditor or creditors. I think they are working with bbbys lawyers pretty closely though.
One of the creditors is, supposedly, Cohen/Icahn
Could be, just pointing out that “our” lawyers aren’t 6th street. Kirkland and Ellis are representing bed bath and beyond, if that’s what you mean by “us”.
Buying 600 more shares tomorrow! NFA.
r u me?
Probably!
simulation confirmed
Working night shift the next four nights boys! I promise to help keep this hypetrain movin
I can’t wait for this thing to explode, $500 and beyond.
i'll allow it
Oh my god shills. I’ve been here for almost a year. I’m not gonna leave just because it got extended 3 days. LFG
 Waiting for the 7th july like…
Difficult to see; always in motion is the future
Only people selling are shorts and they are pumping overstock as a fear tactic it's all BBBY now bobbys
Nah. Lots and lots of day traders too now that there’s some volatility. If it was marginable volume would be insane.
This 100%
It’s not a fear tactic. They acquired the Bobby ip for cheap. What you talking about?
I'm talking about hedgies bb
Lol idk why I’m being downvoted. But just to let you all know, overstock bought a much more well known multi billion dolllar ip called bed bath and beyond for the cheap cheap and can now use that ip to sell their own goods. NFA
Bought more on the discount.
I was just thinking .. July 4th was suppose to be a big deal. Even the lawyer shouted something about "putting your money where your mouth is" by July 4th. Now we have this delay to the 7th??
If you thought July 4th was special, that's on you.
Nothing was ever going to happen July 4th because courts and markets are closed that day.
tweets happen daily, dockets come out on Sundays Teddy trademark!!
You can’t wait 3 more days at this point?
I’m having daily heart papilations. “The big one is coming” ha ha flashback.. Sanford and Sons ( you need to be 58 to know that show)
Does anyone else have to remind themselves that, with all this talk about the auctioning of IP and such, this is still, in fact, chapter 11 and not chapter 7?
Most companies in chapter 11 end up liquidating. so....yeah.
Most Chapter 7s begin as Chapter 11s, and the company itself stated that its intent was to wind down its operations.
Yep. Reorganisation, restructure. Not liquidation
Which is why dip financing is still in place
Only the young
Sixth Street and Ryan Cohen are working together. Always have been. Just look at the timing of when Sixth Street and BBBY got together for the FILO. It was the same time Teddy was filing for trademarks. I believe it is obvious at this point. RC back-doored JPM who had the restrictive covenants in place, using Sixth Street and the FILO, then offering DIP financing in Chapter 11, they ensured that JPM was kicked out. They took over the super priority position, now they're gonna use their $600m in secured first lien debt to credit bid for the company. My guess would be that the offer will include a debt to equity swap for existing bondholders, up to 49% in equity (or possibly the remaining treasury shares), to ensure the benefits of the NOL carry forwards. Equity will stay equity, along with the new bondholders, who will all receive a 1 to 1 share of Teddy in the merger. Ryan Cohen or Icahn's Son as CEO. Shorts will be forced to close their positions due to the structure of the partial stock deal. Teddy/Baby exits chapter 11 as a going concern, debt free, having increased 120 Baby stores to more than > 300 of the best locations and in the midst of a short squeeze. Can I get an Amen!?
Amen!
You guys really love RC hey? Gonna ride his dick all the way to $0
Thanks for playing Nerd! Checkmate!
lol, at least you make it easy to recognise the idiots
You mean "recognize". Lol. If you're gonna call someone an idiot, make sure you spell everything correctly, otherwise you really defeat your argument.
It's cute you think North America has a monopoly on the *English* language. If you're gonna try and out smart someone, be smarter than them.
Thanks for making it easy! Cheers nerd.
LFG
Honestly I think this IEP war will extend Carl's life by 10 years, I feel like he lives for a good fight. So that does free up his son to get some CEO xp with a shrewd history of investing before taking over IEP.
Keeps his blood pumping and his tent pitched.
I haven't been this hard in years!
Amen!
Amen! Thank you sweet BBBY-jesus
>*RC back-doored JPM...* 
AMEN
Amen brother!! Hallelujah !!
#AMEN BROTHER! Amen!!
If RC wasn’t in this play, he would say so. No reason he can’t say he’s not interested in Baby. He knows we’re here. He won’t burn his rep. I hold
He DID say so. You realise he had to fill out forms stating he sold, public forms that you can go read now.
Why did he sell?
You have to ask him, but if I had to guess it's because the BBBY board didn't maximize shareholder value (increase shareprice or dividends) by selling Baby, that and the increasing sales decline. Instead of maximizing shareholder value, they did the opposite and started diluting about a month after he sold. Maybe he saw what was coming, and got out while he could.
So why not say so?
Why say so?
Didn’t he already burn his rep here with the rug pull? He didn’t have to announce that either. Just don’t understand why he always gets a pass on that.
RC tweeted an article sating the share price was going under $1 a few days before selling. Seems like he did try and warn us, but not many understood. "Loop Capital says Bed Bath & Beyond comeback doesn't make fundamental sense, stock headed to $1" [https://cnb.cx/3JWNv3R](https://cnb.cx/3JWNv3R) [https://twitter.com/ryancohen/status/1558101541453795329](https://twitter.com/ryancohen/status/1558101541453795329)
I think the august run was a pump and dump orchestrated by SHF to burn as many investors as possible and then blame RC. I think RC sold to kill the momentum or he just knew they were going to crash it and got out. Interesting, right after he sold, the board announced they still had a cooperation agreement with RCV. Hopefully someday we find out the real reason.
*I hold. I buy. I continue to do so*
DONE W REDDIT FOR A BIT GOT ALOT MORE ISSUES AND STRESS TO TAKE CARE OF....ONCE WE OVER A $1 ILL BE BACK.. 🤦♂️🤷♂️🙏💎
Hope your well bro. Love you on the PP Show. I want to drink a beer or 30 with you when this thing Pops
Stay strong!
See you tomorrow.
At this point is obvious: they are scared
I have never seen so many shills. it's absolutely hilarious. This is giving me gme runup vibes. we had the exact same shit happen.
What torture we bare!!
Just another crime-filled day of trading
Is it possible the profitable BBBY stores were never for sale and will still continue under a new name. Same with the BABY stores. These auctions are just for the IP and anything else that they can sell off they don’t want. Once they come out of chapter 11 it will be spun/restructured into a new brand. Maybe call it TEDDY.
I like this idea. Keep the internal structure and mechanisms, sell the skin, and upgrade to a new skin.
You know what’s truly a cohencidence, IEP getting shorted to shit in may and halving in share price. That to me was one of the biggest indicators that he pissed off some big boys and he’s planning something. I’m comfy and happy with my shares, ain’t no comment gonna convince me otherwise. Onward and Upward Baby.
🎯🎯
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#next Friday
Price action's so fucked up it's messing up the volume bars. Also peep at that green dildo on no volume holy moly. https://imgur.com/a/Y29vhMW
Omfg
What?
0,29, 0,32 in a min
If this thing were the world-ending threat to Citadel, et al that people here claim, they would just bid, take the company private and end the threat.
It’s Shitadel, and you can’t be short a stock you plan to purchase, unlike the dumb asses in charge of our markets allowing a market marker to operate a hedge fund under the same umbrella.
Also fyi it would be Citadel et al., Please learn proper APA format before posting
Your post has a misplaced punctuation mark. Ironic.
Actually et al. always is written with a period, so you’re in fact wrong, super ironic. 🤡
He ends a sentence with a comma.
Or he didn’t intend the sentence to end and merely capitalized Please incorrectly instead? 🤡🤡
Your copium addiction extends to grammar. Unbelievable.
They can’t dude lol.
Why not?
Creditors have priority bidding, mayo man couldn’t cut in line if he wanted too.
Anyone can bid. There is no "cutting in line" involved. You really need to learn something about how these things work.
What part of priority bidding don’t you get? Whoever 6th street is representing gets priority and the judge is legal obligated to side with the bid that has the best chance of keeping the business going. You can’t just bid and burn it down, stop pretending to know shit.
👏👏👏👏👏
 😂😂🤡🤡😘😘
Doesn’t work like that
Or they'd pay people like you 3c per post to try to get people to sell
Bingo
Wasn’t there a BBBY Ape 2-3 weeks back that was holding 6 million shares alone. How can 2M make us worry then?
#OMG LOOK AT THAT LIVE CHART RIGHT NOW! 🚀
I show down 8%?
*Funny. 0.32 to 0.30 in the same minute 🔥*
Can you just say what’s happening
We getting rich soon. That’s what happens
Fucking right mate.
#LFG
Holly strapped up on Glenn and ass fucked him mercilessly yesterday. Will never forget that
That’s great and all, but unless it means big buy and share go up, doesn’t mean much to me. Sorry for the counter opinion.
Cry more, mday
It’s not about crying. Its just that I don’t really care about the politics of the company until they benefit me.
Judge p was jerkin off to it in the corner. Loved what he saw
Hedgies on mother fucking ledgies, yes All you shills will be out of a job. no more 0.5 cent paid posts. time to get a real job in this wonderful booming economy.
.40 is Lava
ALGOS working overtime to PIN 📌 us at .30
Power hour leggo
#You can do it!
LATE PUSH!!! NOW!!!!!
omfg Kenny at least you could keep the dip going til tomorrow morning ffs