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BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"

 
Somnium

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04/23/2023 11:25 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"


I can tell you that BBAB died because their price point was way too high for their made in China stuff. If they were at Target level or below, they would have fared much better because they sold some stuff that other places did not.

It's always a very bad sign when people intending to buy walk out of a store without a purchase. It's for one of two reasons: the crap is priced wrong and/or the crap is so bad that people wouldn't take it even if it were dirt cheap.
 Quoting: Anonymous Coward 85665165


You nailed it. They also didn’t adapt once they realized it, they just buried their heads and kept going on hoping things would change. That would work if the economy picked up and was great once again, because Americans are idiots who buy on the spot when they have money. But now, they go in a store, look at something, then go home and buy it cheaper online.

So your store has then become a place to sample products.
*Somnium*
GatorMclosky

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04/23/2023 11:27 AM

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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
https://imgur.com/a/VX07vJF
Anonymous Coward
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04/23/2023 11:28 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Another one bites the dust.

Gonna be plenty more.

Stocks? A fools errand these days.
Anonymous Coward
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04/23/2023 11:31 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
"Trust in your money and down you go! But the godly flourish like leaves in spring."
Proverbs 11:28
Guv’nor

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04/23/2023 11:33 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
I used to play WoW 15 or so years ago when I was childless with no responsibilities other than getting to work on time. I was in a guild called Blood bath and beyond.
Let’s make it 110.
XIV
Saul T. O’firth

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04/23/2023 11:34 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Americans fall for the “get it at the lowest price “ syndrome whose is now full orbed with amazon. When they send their money out of their communities, it never returns. “A decision made only considering dollars and cents, rarely makes any.” I believe is a quote from Ben Franklin. Another one I like from him is “Sometimes the best neighbor is a good fence.!”
Saul T. O’firth

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04/23/2023 11:38 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
 Quoting: Anonymous Coward 85330504


THAT is friggin’ HILARIOUS!
Anonymous Coward
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04/23/2023 11:38 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
it will be lot of them like this

only the Amazon is going to survive

bonghit
 Quoting: Anonymous Coward 85676656


Nope. Amazon is suffering from the addition of too many 'home business' sellers pushing resold products that are defective/expired. My return rate has probably tripled in the last year.
Anonymous Coward
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04/23/2023 11:41 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"


I can tell you that BBAB died because their price point was way too high for their made in China stuff. If they were at Target level or below, they would have fared much better because they sold some stuff that other places did not.

It's always a very bad sign when people intending to buy walk out of a store without a purchase.
It's for one of two reasons: the crap is priced wrong and/or the crap is so bad that people wouldn't take it even if it were dirt cheap.
 Quoting: Anonymous Coward 85665165



We have a generation or two of people that are not bothered by this. As we've said, service in America is horrible as is the behavior of the customer, hence a social collapse.
Anonymous Coward
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04/23/2023 11:42 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"


I can tell you that BBAB died because their price point was way too high for their made in China stuff. If they were at Target level or below, they would have fared much better because they sold some stuff that other places did not.

It's always a very bad sign when people intending to buy walk out of a store without a purchase. It's for one of two reasons: the crap is priced wrong and/or the crap is so bad that people wouldn't take it even if it were dirt cheap.
 Quoting: Anonymous Coward 85665165




Bed, Bath and Beyond sold the same stuff that you can get from Amazon cheaper, even macy,s sells the same stuff cheaper. That’s their problem. Their pricing is not competitive.

I’ve had their 20% rewards program for over ten years. Used to buy my kitchen, vacuums, sheets, bedroom decor, bathroom decor from them with the 20% off and it was always a good deal until the last few years. Seems like every since the fake Covid scamdemic their pricing is no longer competitive.
Truth Be Known
Saul Good

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04/23/2023 11:43 AM

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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
This is what happens when one is stupid enough to invest in the stock market. Especially since the USD is no longer reserve status. Laughing at the predditors' portfolios as the libbie hopes and dreams die a painful death.
 Quoting: Anonymous Coward 84971309


Precisely what they want you to believe. You’re too slow lazy and dumb to understand buying low and selling high.

Don’t let them beat you like that.
There is no nobility in being superior to your fellow man. True nobility lies in being superior to your former self. ~ Ernest Hemingway
Anonymous Coward
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04/23/2023 11:44 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Remembering they were one of the first companies to drop Mike Lindell’s “My Pillow” for his stand against the 2020 stolen election…
We have a just GOD.
Anonymous Coward
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04/23/2023 11:45 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
My pillow curse

Mike is smiling
Anonymous Coward
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04/23/2023 11:45 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
It’s not the end of the story. This post is doom and gloom because people don’t know what chapter 11 means.

In a Chapter 11 bankruptcy, a company is restructured under the supervision of a trustee appointed by the court. The company continues to operate, paying its debts back with future earnings.
Deus Solus

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04/23/2023 11:49 AM

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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
it will be lot of them like this

only the Amazon is going to survive

bonghit
 Quoting: Anonymous Coward 85676656


They said the same of Sears, Roebuck and Co. in the past.
Rabbit In The Hat

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04/23/2023 11:51 AM

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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
I know very little about investing, but I'm smart enough that I would never have invested a cent in Bed Bath & Beyond. How that store has managed to survive over the years is beyond me. The crap they sell is cheaply made and overpriced. Outside of Christmas, the few times I've been inside that store there have been very few shoppers. I have never bought one item from that place.

A fool and his money are soon parted.
Anonymous Coward
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04/23/2023 11:59 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
In Canada they had signs in the window
Saying they were closing.
50% off everything.

So why buy stock ?
 Quoting: canalien*


Muh cuz muh bunch of idiots think they can play day trader like trust fund daddy and grandad

this is how family fortunes R lost
 Quoting: Anonymous Coward 80605842


Form those messages, it actually sounds like they thought when they bought the stock the money went directly into the corporate treasury.
That’s how fucking dumb these people are!
They keep saying”we keep giving them money”
Ahahahahahaha, such fucking tards.
Anonymous Coward
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04/23/2023 11:59 AM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Haha, reddit, the hivemind of infantile behavior, they get exactly what they deserve!
Anonymous Coward
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04/23/2023 12:00 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
I just want to know if they have good deals going, let me check.
Anonymous Coward
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04/23/2023 12:00 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
It’s not the end of the story. This post is doom and gloom because people don’t know what chapter 11 means.

In a Chapter 11 bankruptcy, a company is restructured under the supervision of a trustee appointed by the court. The company continues to operate, paying its debts back with future earnings.
 Quoting: Anonymous Coward 80821434


I don’t think this is the first time it went into bankruptcy. It’s not working.
And stocks in bankrupt companies are virtually worthless which is what this thread is about.
Anonymous Coward
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04/23/2023 12:00 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
My Pillow Genius-1 , Woke Liberal nutjobs-0
Visitor
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04/23/2023 12:19 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"


I can tell you that BBAB died because their price point was way too high for their made in China stuff. If they were at Target level or below, they would have fared much better because they sold some stuff that other places did not.

It's always a very bad sign when people intending to buy walk out of a store without a purchase. It's for one of two reasons: the crap is priced wrong and/or the crap is so bad that people wouldn't take it even if it were dirt cheap.
 Quoting: Anonymous Coward 85665165


You nailed it. They also didn’t adapt once they realized it, they just buried their heads and kept going on hoping things would change. That would work if the economy picked up and was great once again, because Americans are idiots who buy on the spot when they have money. But now, they go in a store, look at something, then go home and buy it cheaper online.

So your store has then become a place to sample products.
 Quoting: Somnium


I used to buy My Pillow products at BB&B. Then they decided to make a political statement and to side with subversive leftists by not carrying My Pillow Products.

I have not shopped there since.
Undestroyer
Truth

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04/23/2023 12:21 PM

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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
The Bed Bath and Beyond here had to close in January. They got targeted by gangs and were losing $20k a week from theft.

I actually went shopping there once during the late afternoon early evening hours and the employees were all watching weird things going on in the parking lot.

I guess that was my sneek peak into the end times damned
You cannot destroy my vision when you see my vision undestroyed because I am just an undestroyer.

Thread: Food Combining Made Easy by Herbert Shelton a progenitor from the Natural Hygienist Movement

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Anonymous Coward
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04/23/2023 12:21 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
They opened one with the past year in a shopping center in my 100k population town. The space was 3000sq ft. I was like wth their stores are normally 3 times that or more.
Anonymous Coward
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04/23/2023 12:24 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"


The store has a lot of great items but they are way over priced and people just don't want to pay more for no reason.
Anonymous Coward
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04/23/2023 12:28 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Stop loss is your friend kiddies.

Short or long, put that thing in profit ASAP.
 Quoting: LJS


More terrible financial advice from the idiot savants on glp, lmao

If you want to sell a stock, sell it. Stop loss orders result in selling at wrong time.

And never ever listen to brief. Sweet Jesus, a "financial planner" that doesn't understand percentages but has a better investment performance than Warren Buffet. lmao
Anonymous Coward
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04/23/2023 12:39 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Nope. Amazon is suffering from the addition of too many 'home business' sellers pushing resold products that are defective/expired. My return rate has probably tripled in the last year.
 Quoting: Anonymous Coward 78957513


Same. And every fifth or sixth in-stock item is not arriving within the two-day prime delivery window.
Anonymous Coward
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04/23/2023 12:49 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Pretty sure it wasn't just the leftists... a lot of people trying to get rich quick after seeing Gamestop and AMC.

Unfortunately for them, the banksters that lost on those two decided to get all back on Bed, Bath, and Beyond.

Which now all the people looking to get rich that bought around $20, will sell their stock at $0.29 or lower, the banksters will buy it back while they restructure, and then sell it back to the people at $4 or $5 a few years from now, just before they go into the final closing bankruptcy.
 Quoting: Anonymous Coward 80298157


Well, that’ not the case with my GNC stock I bought right at the pandemic.
They filed for chapter 11 and it’s still a penny stock. So, so much for your restructuring golden egg.
Anonymous Coward
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04/23/2023 12:54 PM
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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
Stolen elections has consequences bitches!!!

bidendid
 Quoting: Brudder


more like "forcibly donated" elections, the Trump/Q people deliberately followed the other team's script to the letter
Mr. Chimpington

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04/23/2023 12:54 PM

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Re: BREAKING: Bed Bath & Beyond files for bankruptcy - Reddit Leftists FREAKING OUT After Buying Stock in Get Rich Quick Scheme: "Feel sick"
This Episode of Stark-Market-Carnage

Brought to you by...

[link to i.ibb.co (secure)] off.png = "/Fuck off.png"

ZBot-Boy having a Sodney...?

[link to i.ibb.co (secure)]

Imgur is dead... Fish-Rots-From-The-Head..
?

Last Edited by Mr. Chimpington on 04/23/2023 01:01 PM
Mr. Chimpington...

KaliAssholeLardassExcuselessReprobateGustingd​isIncomprehensible.. Khalherghi-Bigots...





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