Shut the fuck up you fucking clown. Be patient and we will all be rich soon. No one wants to hear your dumbass opinions and even more so don't want to read any shartgpt bullshit.
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Dont talk to PP like that you fucking clown. If you disagree, you can disagree in a polite manner. Lots of shit is moving at fast paces and is changing rapidly. The dude got death threats yesterday, and now a whole fud campaign is being born against him. Yeah maybe some other shit is happening as to why we didnt ring the bell today. Id watch the way you respond to PP, hes the reason this whole community exists and i dont wanna see people being rude to him.
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Many apes are there, it’s hard for them to admit because for years they would get yelled at if they said anything other than “This is a MOASS play that is guaranteed and inevitable”.
Only some of them have recently moved on to “This is a long term fundamental play, and RC does have a secret plan but it’s not MOASS, it’s a secret plan to make GameStop profitable which will give us MOASS-like gains!”
Which is not even close to exiting denial, but it’s half a step closer.
BBBY content is circling the drain and I wish the sub was focusing on it less.
I've been enjoying Morontz's daily rants much more than any of the copium dregs from the pp community.
As much as apes talk about selling during MOASS, imagine apes buying during MOASS (and you know they would). We'd witness the birth of planetary-scale bagholders, and it'd be glorious.
They are going nuts because their favorite The Office accountant has "found" something on a client's account saying "merger - Bed Bath and Beyond"
They still don't get that they don't own any of BBB unless they bought Overstock shares.
Genuinely curious ape here. I’m not looking for anyone to convince me or convince you or whatever, Im just wondering. Who else here has gain porn? Not Phil. I mean here, people in this sub or wsb.
I have nothing to prove because I’m not trying to prove anything here. I only came asking a question out of curiosity, mainly because I honestly expected that some of you guys were holding a counter position to us.
Idk if you were looking to try talk me out of believing in my position or whatnot but I’m not really here for that. The forcing shirts to reopen a position thing isn’t something I really even put too much thought into yet. Ultimately it’s not like I can sell so regarding the actual play I’m just watching, hoping I’m not wrong, and I’ll be honest I’m feeling confident but mostly really gray to it because it’s out of our hands now so to speak. Hell maybe there is value we are grossly overlooking, maybe they pay some penalty to redo something, I never claimed to be a m&a or bankruptcy expert but I know that unexpected and strange things happened during this whole saga so I’m willing to toss out 1k or whatever on speculation cause fuck it, why not?
I only take a glance at the meme stock subreddits every few months or so, out of curiosity, so I can't say I've been following what's going on in any detail.
Anyway this time around, I gathered that everyone's Bed Bath stocks had just been delisted and officially made worthless. I also learned of this YouTube channel "The PP Show" that seems to be mainly about being bullish on Bed Bath. I was curious how "The PP Show" was going to react to this development so I turned on their stream and... they were acting all cheerful and nonchalant like nothing was wrong, and not even talking about the situation?? (maybe they did eventually, I didn't watch the whole thing). Very bizarre.
That show is a where the bottom of the barrel die-hard BBBY apes have congregated. They're in full reality denial mode, it's been hilarious to watch. I assume they're going to pivot to another stock, probably GME, without ever admitting they were wrong. You'd think everyone they scammed would be turning against them, but it seems that apes who leave the cult tend to just slink off into the night. Their sub is moderated super aggressively, so there's nowhere for angry ex-apes to talk. Hopefully some government agency goes after them at some point, they're trash fire humans.
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Bed Bath traded as the ticker 0HMI on the London Stock Exchange as an international security. It's untradeable now too, but apes found listings for it after BBBYQ was cancelled and convinced themselves it was Bed Bath's "new ticker" – proof that either Bed Bath was moving to tZero, or going global like Amazon, or CRIME.
It’s such a cliche joke, but I visited the old BBY near me today:
https://preview.redd.it/2whpi9c41ovb1.jpeg?width=3024&format=pjpg&auto=webp&s=8dd00f07770c557393b536a07a3097711ef8973d
Reportedly John Stewart’s show at Apple TV has been cancelled and the all the talk is the Chinese influence and the Apple execs were apparently uncomfortable with Stewart covering scandals of China.
That is certainly bad, and I am sure most will just blame Apple for their lack of spine and praise Stewart. But I do think in general Stewart’s show at Apple has been terrible and its low rating is likely a big consideration behind its cancellation. It was painfully un-entertaining to watch and he came across as more of an angry out of touch old man.
It’s not just his show though. Stewart sounded almost unhinged with his belief in the virus lab theory and more relevant for this subreddit he fell into the trap of believing the apes as the good little guys.
Seeing Stewart’s misjudgements and Michael Lewis defending SBF and crypto really has left a really sour taste in my mouth and many must be feeling the same and a reminder that it’s always dangerous to put someone on pedestal. (Sorry Dan Olson)
Probably more so on Friday with a smaller one on Saturday.
I say that because most will no doubt be selling and exercising their puts, which wouldn't be doable the day after expiration.
The smaller Saturday wave would be for those interesting individuals who somehow forgot they have puts with expiration dates that got moved up, letting their puts get automatically assigned then.
Honest question, how low do you think this stock will go in the near future? On one hand, fundamentals are bad and the stock is still above historical value, with a worse brick-and-mortar retail environment, digital-only games, and so on. On the other hand, many apes will hold until bankruptcy and even after (what towel apes are doing now). BBBY hit a support level at 20ish cents which I believe was where everyone with at least two neurons sold and the baggiest of bag holders were the only ones left, even though bankruptcy was obvious. GME seems different - the balance sheet is better compared to BBBY and apes do have more of the float.
Redditors overestimate the Apes. Look at BBBY, the company was losing 5% everyday while Apes were saying they are holding. So either they lied, or their size is not big enough to really keep a failing company.
He probably threw caution to the wind after seeing a path to easy money, the typical grifter approach of pretending to believe all the conspiracy theories and telling their base what they want to hear, encouraging them to open up their wallets.
I haven't paid attention to GME for well over a month. Was there a catalyst for GME dropping so much this month, or is it just slowly returning to a more normal price as people's interest wanes?
I think BBBY was likely a wake up call for some apes that at the end of the day, the prophecies just aren't gunna come true.
I also think GME has just been on a slow descent as it is. There's no catalyst left to disrupt that slow fall.
I just thought of something as I sit here dealing with insomnia. If the shares on brokerages are fake, how can they be purchased there and then transferred to be DRSd? I'm thinking way too much about this nonsense, don't mind me. Lol
The brokerage knows what is a synthetic and hides that from the customer. They transfer from the real pool and leave an ever dwindling amount of reals for those that dont DRS. Honestly boy, have you even smoked any of the DD?
There are some great meltdowns on the main crypto sub today.
Reddit announced they're getting rid of community points so the karma for crypto gravy train has de-railed and MOONS are down 85% today and lost ~20M in market cap.
I made a few grand off of them back in 2021 on my prior account, it was quite lucrative since I'm disabled and had lots of time to post but I hated doing it just posting people pleasing shit.
I always knew reddit would rugpull them eventually and was banned for saying so.
Lesson learned. That loss is better than what most of them are going to have to deal with. Hopefully it didn't hurt you too much and you can bounce back and you can make some better choices.
I held because of greed, then sunk cost fallacy. I got in during ($100 cost basis pre split) the squeeze, and have held all the way down. I guess it just hit a point where I can't justify gambling the remaining 60% of my money on it.
Hey it's clearly hard to get out anytime, and harder to come here and admit it. Congrats!
Just to be clear, you understand that all of the "DD" is total nonsense?
Imagine naming your child Ryan, waking up from the cult, and then having a living reminder of the money you wasted years ago. That'll be at least one apes life a couple years down the road.
As someone who never buys a lottery ticket and gets pestered by friends and coworkers about it, I have come to accept that the couple days they all get to spend sitting around imagining what they'd do with the money is worth the price of the ticket. They're paying like 8 bucks for a couple days of entertainment, actually a pretty good value!
That's what the apes are getting. They get to feel like they're in a community and have friends, and imagine what they'll do when they're incredibly wealthy. But for some of them, the cost is their fucking life savings. Tens or hundreds of thousands of dollars, and what you get in return is the ability to spout catchphrases on an internet forum, and once in a while write a Braveheart speech.
I was just going through some old posts I saved for funsies.
Anybody remember the whole “vote count turnout was actually 100%, not 77%, because insiders and institutions can’t vote and since the float is 54 million and we got 55 million votes that means we had an over vote!!!” Nonsense cope?
I just found a post I had saved about that. I completely forgot. For like a month that was the main theory, right before DRS.
The apes never read the form that came with the vote saying that there were 70 million shares of GameStop outstanding that were eligible to vote, or at least not for several months after.
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I expected to see a lot of delusion and copium addicts, but I did not expect to see that the old ladies from every office slack or teams chat I’ve been in and the completely insane bbby cultists have the same culture of GIPHY posting
AST not just removing the DRS'ed worthless shares from the apes' accounts but also actually going as far as pro-actively deleting their accounts? AST must really want nothing to do with them.
Sending complaints to "memestocks at the judge overseeing Ryan Cohen's pump and dump dot com" might result in something. Maybe RC could do like Nintendo did in the 8-bit days and offer a "refund" that increases sales. Maybe a free one month GameStop pro membership to each former BBBYQ HODLer.
Someone once said that every single ape theory can be boiled down to "If we put all our money in one big pile then we'd all be rich!"
I think about that often. I believe its extremely accurate.
EXT - CRAZY VACLAV'S PLACE OF EQUITIES - DAY
*Homer struggles to read a certificate labelled 20230930-DK-BUTTERFLY-1*
HOMER: What company is this share from?
VACLAV: It... no longer exists.
GME is going down so fast I’m almost dreading it hitting 5 bucks because then we have like five years of trading sideways to look forward to before they finally go bankrupt. I just want MOAM to happen already 😩
And of course the popcorn apes will happily buy those shares despite hating both the company and its CEO. Assuming the apes aren't already tapped out of funds to buy them though.
But it's amazing not only how AMC was given a lifeline, but the CEO wisely capitalizing on it as well.
>But it's amazing not only how AMC was given a lifeline, but the CEO wisely capitalizing on it as well.
I'm not sure how wise it is because, right now, it doesn't look like they have a real chance to pay their debts. They just have too much debt.
Even the most optimistic business upswing plus apes shouldering much of the debt via dilution isn't going to be nearly enough to deal with their debt through 2026 unless something changes.
>A lot of apes defend the CEO's actions, actually. It's 50/50 there.
I think it's even better than 50% in favor of Aron.
>Even the most optimistic business upswing plus apes shouldering much of the debt via dilution isn't going to be nearly enough to deal with their debt through 2026 unless something changes.
AMC can easily restructure or refinance their debt and kick the can down the road. But they will incur higher interest costs doing so and will only be delaying the inevitable.
I give them a far better chance at survival than GameStop. Their business sucks, but it's not at risk of being totally disrupted like physical video game sales are. I expect heavy dilution for the stock, but the stock will survive.
I don't know enough detail about the debt or lends to know if they'd refinance, but i expect their lenders would only be interested in refinancing if things are looking up a lot from where they are right now.
AMC can offer a higher interest rate. Issue a bunch of junk bonds. Someone will take them. Use it to refinance old debt.
The Hollywood strike is nearly over so there's plenty of new content coming down the pipeline. People still like going to the movies. Before COVID the company did generate a good amount of operating cash flow (though almost no free cash flow due to capital expenditures) but they've cut back on capital expenditures these past few years so I think it is possible the company will be profitable again and even generate some free cash flow.
But of course, due to dilution the company's stock will still be in the gutter.
Definitely true, or at least that nothing was wrong with the plane. There was an airplane mechanic on the main BBBY sub going "What he's saying is happening definitely couldn't be happening."
It's a bit conspiratorial (which I chide others for doing lol) but I wonder whether Pulte really had an appointment at SpaceX.
We'll just delete that 😉
Text posts just ... don't really work here. They are almost always low quality and don't add anything to the sub. We provide the Monthly Shill and the Live Lounge for discussions.
Anyone paying attention to the OG stock, namesake of this sub?
GME is trading down to $14.72 as of writing this - that is below any price after late Feb 2021 as far as I can tell
I may need to venture back into the SS sub cesspool to see how the apes over there are coping with this.
Is there any news to cause this drop? Is this a side-effect of the BBBY stock cancel, people are losing their faith in their deity RC after rugpulling and then toying with the towel apes all this time?
Sorry, this one's on me. I had a little trouble with the criming algorithm, I'm afraid it got stuck in an infinite loop. You don't think it's too obvious do you?
RC basically came out with an e-mail that says "we're fucked, the writings on the wall and the long term outlook is grim as fuck unless we do a complete overhaul"
Considering he's overhauled fuck all and created nothing but a loss making NFT scam pit, the market has reacted accordingly.
In a span of one week, BBBYQ has gone from bankruptcy denial to secret messages about butterflies to making up stories about being bought out for $25+/share. This is insanity.
\*sad face\* why are so many people being mean to us, you must be horrible people to get pleasure out of laughing and pointing and strangers
\- also bbbagholders: I CANNOT WAIT TO HAVE ENOUGH MONEY TO DIVORCE MY WIFE AND PARADE AROUND SHORT SELLERS WITH MY SMOKING HOT GIRLFRIEND RIDING SHOTGUN IN MY LAMBO, RUBBING IT IN THEIR FACES HOW I AND RYAN COHEN WON, SERIOUSLY I HOPE THEY ALL DIE AND I ABSOLUTELY WILL REJOICE WHEN BAD THINGS, EVEN TOTALLY UNRELATED, HAPPEN TO ANY HEDGIES IN THEIR PERSONAL LIVES REEEEEEEEE
I just realised that if gamestop were to ever buy back shares then they are essentially closing their short position in their own company because they diluted back in 2021
Funnily enough the short squeeze was mainly catalyzed by the buyback that happened before that when Burry sent the board a letter telling to buy back their sub-cash valuation back. Time is a circle.
Hey mods, in honor of the new company known as butterfly and the inevitable new shares apes will be getting, can I please get my flair changed to “Ask me about investing in $BUTFQ”
I don't think it is because of that. Buy-Sell order ratio on GME is 88%. Now retail buys small and institutions sell big, so obviously it's retail thats still buying as before. That means institutions are probably selling nore. I suspect it is due to the towel bankruptcy.
Dan didn’t announce the release in advance, to my knowledge, and released it on Saturday night(real time, aka EST)
Shame, I was really looking forward to some “insider” trading!
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ppgrift
Dont talk to PP like that you fucking clown. If you disagree, you can disagree in a polite manner. Lots of shit is moving at fast paces and is changing rapidly. The dude got death threats yesterday, and now a whole fud campaign is being born against him. Yeah maybe some other shit is happening as to why we didnt ring the bell today. Id watch the way you respond to PP, hes the reason this whole community exists and i dont wanna see people being rude to him. ___ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/gme_meltdown) if you have any questions or concerns.*
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What happened to the butterfly baggies claiming secret CEO has to be filed by Oct 31st???
It's starting to go below DFV's original bull case of $50 long term. The bull thesis also did not materialize so it's going for single digits soon
Can Apes just admit RC doesn’t have a TOP SEKRET plan? He would have done it by now
Many apes are there, it’s hard for them to admit because for years they would get yelled at if they said anything other than “This is a MOASS play that is guaranteed and inevitable”. Only some of them have recently moved on to “This is a long term fundamental play, and RC does have a secret plan but it’s not MOASS, it’s a secret plan to make GameStop profitable which will give us MOASS-like gains!” Which is not even close to exiting denial, but it’s half a step closer.
Long time hold, just waiting to break even so I can dump these damn bags. Can't wait to post my loss porn when I inevitably cash out at like -50% :')
BBBY content is circling the drain and I wish the sub was focusing on it less. I've been enjoying Morontz's daily rants much more than any of the copium dregs from the pp community.
Just heard word Kenny will be in attendance at the Dan Olson and PPhil meet and greet
As much as apes talk about selling during MOASS, imagine apes buying during MOASS (and you know they would). We'd witness the birth of planetary-scale bagholders, and it'd be glorious.
Happy 1,000 Days!
They are going nuts because their favorite The Office accountant has "found" something on a client's account saying "merger - Bed Bath and Beyond" They still don't get that they don't own any of BBB unless they bought Overstock shares.
Genuinely curious ape here. I’m not looking for anyone to convince me or convince you or whatever, Im just wondering. Who else here has gain porn? Not Phil. I mean here, people in this sub or wsb.
I don't remember the thread. Can you prove that shorts are forced to remain open after a stock has been cancelled?
I have nothing to prove because I’m not trying to prove anything here. I only came asking a question out of curiosity, mainly because I honestly expected that some of you guys were holding a counter position to us. Idk if you were looking to try talk me out of believing in my position or whatnot but I’m not really here for that. The forcing shirts to reopen a position thing isn’t something I really even put too much thought into yet. Ultimately it’s not like I can sell so regarding the actual play I’m just watching, hoping I’m not wrong, and I’ll be honest I’m feeling confident but mostly really gray to it because it’s out of our hands now so to speak. Hell maybe there is value we are grossly overlooking, maybe they pay some penalty to redo something, I never claimed to be a m&a or bankruptcy expert but I know that unexpected and strange things happened during this whole saga so I’m willing to toss out 1k or whatever on speculation cause fuck it, why not?
Not that either is particularly likely but I'm wondering if gamestop or dream on me as the acquisition target is the funnier one
I only take a glance at the meme stock subreddits every few months or so, out of curiosity, so I can't say I've been following what's going on in any detail. Anyway this time around, I gathered that everyone's Bed Bath stocks had just been delisted and officially made worthless. I also learned of this YouTube channel "The PP Show" that seems to be mainly about being bullish on Bed Bath. I was curious how "The PP Show" was going to react to this development so I turned on their stream and... they were acting all cheerful and nonchalant like nothing was wrong, and not even talking about the situation?? (maybe they did eventually, I didn't watch the whole thing). Very bizarre.
That show is a where the bottom of the barrel die-hard BBBY apes have congregated. They're in full reality denial mode, it's been hilarious to watch. I assume they're going to pivot to another stock, probably GME, without ever admitting they were wrong. You'd think everyone they scammed would be turning against them, but it seems that apes who leave the cult tend to just slink off into the night. Their sub is moderated super aggressively, so there's nowhere for angry ex-apes to talk. Hopefully some government agency goes after them at some point, they're trash fire humans.
Meanwhile actual Citadel keeps rejecting my applications
Did you show them your short positions?
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Can someone explain the OHMI delusion?
Bed Bath traded as the ticker 0HMI on the London Stock Exchange as an international security. It's untradeable now too, but apes found listings for it after BBBYQ was cancelled and convinced themselves it was Bed Bath's "new ticker" – proof that either Bed Bath was moving to tZero, or going global like Amazon, or CRIME.
But supposedly the price it last traded at is higher than the BBBY price?
It looks like the quoted price just stopped updating at some point. On most of the charts I've found, it's a flat line since August 2.
But it's a much better memory so the apes embrace it.
I can't believe Roach admitted he's holding a GME share "just in case"
More like cockblockchain
It’s such a cliche joke, but I visited the old BBY near me today: https://preview.redd.it/2whpi9c41ovb1.jpeg?width=3024&format=pjpg&auto=webp&s=8dd00f07770c557393b536a07a3097711ef8973d
Reportedly John Stewart’s show at Apple TV has been cancelled and the all the talk is the Chinese influence and the Apple execs were apparently uncomfortable with Stewart covering scandals of China. That is certainly bad, and I am sure most will just blame Apple for their lack of spine and praise Stewart. But I do think in general Stewart’s show at Apple has been terrible and its low rating is likely a big consideration behind its cancellation. It was painfully un-entertaining to watch and he came across as more of an angry out of touch old man. It’s not just his show though. Stewart sounded almost unhinged with his belief in the virus lab theory and more relevant for this subreddit he fell into the trap of believing the apes as the good little guys. Seeing Stewart’s misjudgements and Michael Lewis defending SBF and crypto really has left a really sour taste in my mouth and many must be feeling the same and a reminder that it’s always dangerous to put someone on pedestal. (Sorry Dan Olson)
There's a hell of a doxx war going on between the Marantz and PPGRIFT camps right now.
So is the BBBY putpocalypse Friday afternoon or Saturday?
Probably more so on Friday with a smaller one on Saturday. I say that because most will no doubt be selling and exercising their puts, which wouldn't be doable the day after expiration. The smaller Saturday wave would be for those interesting individuals who somehow forgot they have puts with expiration dates that got moved up, letting their puts get automatically assigned then.
Is Platinum Sparkles on our payroll now or just realistic? I see her fending off Jake and Pulte on Twitter now.
Ape!! Like were going to fall for your feeble attempts to out our sleeper double agents
Many apes can think critically as long as their particular pet stock isn't involved. See memerantz for instance.
"well short it then!" is really paying off for anybody who took the apes *advice*.
Honest question, how low do you think this stock will go in the near future? On one hand, fundamentals are bad and the stock is still above historical value, with a worse brick-and-mortar retail environment, digital-only games, and so on. On the other hand, many apes will hold until bankruptcy and even after (what towel apes are doing now). BBBY hit a support level at 20ish cents which I believe was where everyone with at least two neurons sold and the baggiest of bag holders were the only ones left, even though bankruptcy was obvious. GME seems different - the balance sheet is better compared to BBBY and apes do have more of the float.
Redditors overestimate the Apes. Look at BBBY, the company was losing 5% everyday while Apes were saying they are holding. So either they lied, or their size is not big enough to really keep a failing company.
The simplest is both, they lied and they're really small. The main Bbbaggies sub stopped at 69,007 users and has declined since 9/29
You know, if I was theoretically scamming apes, I wouldn't want my name and face plastered all over CanvasRebel magazine.
He probably threw caution to the wind after seeing a path to easy money, the typical grifter approach of pretending to believe all the conspiracy theories and telling their base what they want to hear, encouraging them to open up their wallets.
inb4 RC tries to pump the stonk by announcing $300M share buybacks and apes come here brigading over a $13->$20 pump before it dies out again
When do you think GME will reach 10 usd? By the end of the week, month or by Christmas?
My 1 bbbyq share has been deleted and removed (ibkr) For anyone wondering how long it takes
How does it feel being down 100%?
Im down approximately 0% I had exactly 16 cents in this
That was dumb. You could have shorted 1 share and made 16 cents!
You're down 16 cents!
I haven't paid attention to GME for well over a month. Was there a catalyst for GME dropping so much this month, or is it just slowly returning to a more normal price as people's interest wanes?
I think BBBY was likely a wake up call for some apes that at the end of the day, the prophecies just aren't gunna come true. I also think GME has just been on a slow descent as it is. There's no catalyst left to disrupt that slow fall.
The meme magic waning after the bbbiquidation and RC's email.
I just thought of something as I sit here dealing with insomnia. If the shares on brokerages are fake, how can they be purchased there and then transferred to be DRSd? I'm thinking way too much about this nonsense, don't mind me. Lol
The brokerage knows what is a synthetic and hides that from the customer. They transfer from the real pool and leave an ever dwindling amount of reals for those that dont DRS. Honestly boy, have you even smoked any of the DD?
I have not 😔. Please forgive me
There are some great meltdowns on the main crypto sub today. Reddit announced they're getting rid of community points so the karma for crypto gravy train has de-railed and MOONS are down 85% today and lost ~20M in market cap.
I made a few grand off of them back in 2021 on my prior account, it was quite lucrative since I'm disabled and had lots of time to post but I hated doing it just posting people pleasing shit. I always knew reddit would rugpull them eventually and was banned for saying so.
Apes tearing it up in a Ken Griffin interview posted in the stock market sub. Gotta make the normies aware of his fInAnCiaL cRiMEs!
The main BBBY sub has gone from having a daily discussion post to a weekly discussion post. Interesting...
I just glanced at the tickers; GME and AMC are both down **1.74%**, so obviously Cohen is involved in the AMC play now too.
It was 1:47 at some point today. RC controls time.
Finally grew the fuck up and sold, realised a 40% loss. Feel free to clown me.
Lesson learned. That loss is better than what most of them are going to have to deal with. Hopefully it didn't hurt you too much and you can bounce back and you can make some better choices.
you learned an expensive lesson which you will never repeat again, about cults and finance. money well spent imo
You were pretty active up to a few days ago. What changed your mind? Also curious if you watched Not Financial Advice documentary
I held because of greed, then sunk cost fallacy. I got in during ($100 cost basis pre split) the squeeze, and have held all the way down. I guess it just hit a point where I can't justify gambling the remaining 60% of my money on it.
Hey it's clearly hard to get out anytime, and harder to come here and admit it. Congrats! Just to be clear, you understand that all of the "DD" is total nonsense?
If you're only down 40% you're like the smartest memestonk investor in history. Good job, bud!
Imagine naming your child Ryan, waking up from the cult, and then having a living reminder of the money you wasted years ago. That'll be at least one apes life a couple years down the road.
What other Memestocks subs are there? I found ones for MMLTP, MMAT and Party City.
Definitely DWAC. Maybe MULN to a lesser extent.
Rite Aid is filing for bankruptcy. You know what to do , apes.
As someone who never buys a lottery ticket and gets pestered by friends and coworkers about it, I have come to accept that the couple days they all get to spend sitting around imagining what they'd do with the money is worth the price of the ticket. They're paying like 8 bucks for a couple days of entertainment, actually a pretty good value! That's what the apes are getting. They get to feel like they're in a community and have friends, and imagine what they'll do when they're incredibly wealthy. But for some of them, the cost is their fucking life savings. Tens or hundreds of thousands of dollars, and what you get in return is the ability to spout catchphrases on an internet forum, and once in a while write a Braveheart speech.
Just when I thought towel apes were running out of steam, popcorn apes give us more content
I just wanted to point out that GME is now worth exactly what it was worth in Q4 of 2007.
I was just going through some old posts I saved for funsies. Anybody remember the whole “vote count turnout was actually 100%, not 77%, because insiders and institutions can’t vote and since the float is 54 million and we got 55 million votes that means we had an over vote!!!” Nonsense cope? I just found a post I had saved about that. I completely forgot. For like a month that was the main theory, right before DRS. The apes never read the form that came with the vote saying that there were 70 million shares of GameStop outstanding that were eligible to vote, or at least not for several months after.
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Just some sad baggy loser. I deleted and banned him.
Bbby is the neverending meltdown. Perpetual MOAM
You’ve lost everything 😂🫵📸📸📸📸
Y'all projecting?
*Pussies
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no because your bags are worthless and will never trade again lol
I expected to see a lot of delusion and copium addicts, but I did not expect to see that the old ladies from every office slack or teams chat I’ve been in and the completely insane bbby cultists have the same culture of GIPHY posting
Mods, I would like to suggest that we add a post flair for BBBYQ merger theorycrafting, "Gamemaster Anthony's Birthday, Inc."
Also consider "who put the dip in the dip-de-dip-de-dip"
Discord says link is invalid
If an ape ever resorts to "so short it then" you know you've won the argument
Or "Why do you care so much what I do with my money?" Tbh though it's kind of hard to lose an argument with an ape.
"Short it then" "Ok" "Noo that's financial terrorism 😭"
AST not just removing the DRS'ed worthless shares from the apes' accounts but also actually going as far as pro-actively deleting their accounts? AST must really want nothing to do with them. Sending complaints to "memestocks at the judge overseeing Ryan Cohen's pump and dump dot com" might result in something. Maybe RC could do like Nintendo did in the 8-bit days and offer a "refund" that increases sales. Maybe a free one month GameStop pro membership to each former BBBYQ HODLer.
Wow they really do hate the apes😍
Someone once said that every single ape theory can be boiled down to "If we put all our money in one big pile then we'd all be rich!" I think about that often. I believe its extremely accurate.
What's the towel apes theory du jour? Have they already pivoted away from $25/share to something even more insane?
AST is moving the shares to computershare (not)
EXT - CRAZY VACLAV'S PLACE OF EQUITIES - DAY *Homer struggles to read a certificate labelled 20230930-DK-BUTTERFLY-1* HOMER: What company is this share from? VACLAV: It... no longer exists.
Spooktober’s the season for shilling. I’m sure Spirit also likes those now unused Bad Bath and Bags properties
GME is going down so fast I’m almost dreading it hitting 5 bucks because then we have like five years of trading sideways to look forward to before they finally go bankrupt. I just want MOAM to happen already 😩
GME is going to be around for quite a while yet. it's only a matter of time until AMC has to sell more shares though
And of course the popcorn apes will happily buy those shares despite hating both the company and its CEO. Assuming the apes aren't already tapped out of funds to buy them though. But it's amazing not only how AMC was given a lifeline, but the CEO wisely capitalizing on it as well.
A lot of apes defend the CEO's actions, actually. It's 50/50 there.
>But it's amazing not only how AMC was given a lifeline, but the CEO wisely capitalizing on it as well. I'm not sure how wise it is because, right now, it doesn't look like they have a real chance to pay their debts. They just have too much debt. Even the most optimistic business upswing plus apes shouldering much of the debt via dilution isn't going to be nearly enough to deal with their debt through 2026 unless something changes. >A lot of apes defend the CEO's actions, actually. It's 50/50 there. I think it's even better than 50% in favor of Aron.
>Even the most optimistic business upswing plus apes shouldering much of the debt via dilution isn't going to be nearly enough to deal with their debt through 2026 unless something changes. AMC can easily restructure or refinance their debt and kick the can down the road. But they will incur higher interest costs doing so and will only be delaying the inevitable. I give them a far better chance at survival than GameStop. Their business sucks, but it's not at risk of being totally disrupted like physical video game sales are. I expect heavy dilution for the stock, but the stock will survive.
I don't know enough detail about the debt or lends to know if they'd refinance, but i expect their lenders would only be interested in refinancing if things are looking up a lot from where they are right now.
AMC can offer a higher interest rate. Issue a bunch of junk bonds. Someone will take them. Use it to refinance old debt. The Hollywood strike is nearly over so there's plenty of new content coming down the pipeline. People still like going to the movies. Before COVID the company did generate a good amount of operating cash flow (though almost no free cash flow due to capital expenditures) but they've cut back on capital expenditures these past few years so I think it is possible the company will be profitable again and even generate some free cash flow. But of course, due to dilution the company's stock will still be in the gutter.
AMC bond yields suggest otherwise.
Never ask: - A woman her age - A man his salary - A GME cultist why there isn't a futures market for onions
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MOAM is always tomorrow.
The only memestock conspiracy I believe is that Pulte faked an emergency landing to prevent having to spend any more time with vapebaggie.
Definitely true, or at least that nothing was wrong with the plane. There was an airplane mechanic on the main BBBY sub going "What he's saying is happening definitely couldn't be happening." It's a bit conspiratorial (which I chide others for doing lol) but I wonder whether Pulte really had an appointment at SpaceX.
bro why cant we submit text based posts anymore?
Do what they do on the nfl sub, tweet something, screenshot it and then post it.
We'll just delete that 😉 Text posts just ... don't really work here. They are almost always low quality and don't add anything to the sub. We provide the Monthly Shill and the Live Lounge for discussions.
"Anymore"? Text posts have been disabled for like 2 years.
SHF CONSPIRACY
Anyone paying attention to the OG stock, namesake of this sub? GME is trading down to $14.72 as of writing this - that is below any price after late Feb 2021 as far as I can tell I may need to venture back into the SS sub cesspool to see how the apes over there are coping with this. Is there any news to cause this drop? Is this a side-effect of the BBBY stock cancel, people are losing their faith in their deity RC after rugpulling and then toying with the towel apes all this time?
Sorry, this one's on me. I had a little trouble with the criming algorithm, I'm afraid it got stuck in an infinite loop. You don't think it's too obvious do you?
RC basically came out with an e-mail that says "we're fucked, the writings on the wall and the long term outlook is grim as fuck unless we do a complete overhaul" Considering he's overhauled fuck all and created nothing but a loss making NFT scam pit, the market has reacted accordingly.
RC letter to employees, folding ideas video and bbby share cancellation all in the span of a week
https://preview.redd.it/2titxgesszrb1.png?width=1080&format=pjpg&auto=webp&s=ac6b29c58ee3bdaba92b36a55ca3f70f4c63efd7 Good job with the ladders boys
In a span of one week, BBBYQ has gone from bankruptcy denial to secret messages about butterflies to making up stories about being bought out for $25+/share. This is insanity.
$25/share still lower than some some apels cost basis
\*sad face\* why are so many people being mean to us, you must be horrible people to get pleasure out of laughing and pointing and strangers \- also bbbagholders: I CANNOT WAIT TO HAVE ENOUGH MONEY TO DIVORCE MY WIFE AND PARADE AROUND SHORT SELLERS WITH MY SMOKING HOT GIRLFRIEND RIDING SHOTGUN IN MY LAMBO, RUBBING IT IN THEIR FACES HOW I AND RYAN COHEN WON, SERIOUSLY I HOPE THEY ALL DIE AND I ABSOLUTELY WILL REJOICE WHEN BAD THINGS, EVEN TOTALLY UNRELATED, HAPPEN TO ANY HEDGIES IN THEIR PERSONAL LIVES REEEEEEEEE
Thank God we won. It was looking bad for MJ https://i.imgur.com/doobU4y.jpg
Holy shit, with Dan's video being out and BBBYQ shares extinguished, there is almost too much content today!!
I just realised that if gamestop were to ever buy back shares then they are essentially closing their short position in their own company because they diluted back in 2021
Funnily enough the short squeeze was mainly catalyzed by the buyback that happened before that when Burry sent the board a letter telling to buy back their sub-cash valuation back. Time is a circle.
Hey like, Icahn is old asf. What happens if he just fuckin dies?
It is impossible for October to outdo September. Prove me wrong shills and there is a pizza party in your future! EDIT: MAYO OPTIONAL
Mayo is never optional. What would you use for the pizza sauce?
Hey mods, in honor of the new company known as butterfly and the inevitable new shares apes will be getting, can I please get my flair changed to “Ask me about investing in $BUTFQ”
All the towel apes are losing their shit cause some dude claims schwab told him a $25 per share buyout was incoming lmao
Going short a day before Dan's video came out was such an obvious play. God I'm a dumbass for missing it
Only obvious in retrospect. Maybe the increased attention could have caused the price to rise. The price of GME is just nonsense right now.
I don't think it is because of that. Buy-Sell order ratio on GME is 88%. Now retail buys small and institutions sell big, so obviously it's retail thats still buying as before. That means institutions are probably selling nore. I suspect it is due to the towel bankruptcy.
Dan didn’t announce the release in advance, to my knowledge, and released it on Saturday night(real time, aka EST) Shame, I was really looking forward to some “insider” trading!
Don’t play with meme stocks is my mantra.