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

Spoken like someone that has zero clue what’s going on in reality. If you think things are blown out of proportion and patriots get upset over nothing, you are blind

Woke and broke is real

Ha just posted that as well. Great scripture. Greed destroys.

Yeah, if they'd just kept "my pillow" they'd be doing great.

You're as brainwashed as the people you hate, if not moreso.

Rise above the prescribed culture war bullshit. Start talking to actual people that aren't indoctrinated into this nonsense. Talk to people that actually have the capacity to have their minds changed, or have nuanced opinions. You'll be much happier.

That is just delaying the inevitable.

How much bedding and sheets and towels do people really need? So tired of consumerism. Many are going for minimalism. Much less stress.

Because you need a 20% off coupon to bring the price into line with what it's supposed to be. Always hated that store- how about price things reasonably, and fuck your stupid coupons?

That's not what is being reported. BBBY is openly saying they have started a "liquidation sale" and "The company added that its 360 Bed Bath & Beyond and 120 buybuy BABY stores and websites will remain open and continue serving customers as it starts efforts to effect the closure of its retail locations."

(add an https before this) ://www.reuters.com/business/retail-consumer/bed-bath-beyond-f​iles-bankruptcy-protection-after-long-struggle-2023-04-23/?re​f=upstract.com

And here is the title of an article about this from that leftist rag Axios: "Bed Bath & Beyond files for Chapter 11 bankruptcy, will liquidate". The funny thing with this and other leftist rag articles concerning BBBY bankruptcy and liquidation is that they lie by omision and refuse to report how BBBY lost major amounts of liquidity from their rational customers after trying to ESG Curious George Floyd and Mike Lindell.

[link to www.axios.com (secure)]

Unless some dumbass ESG investors buy it, which I highly doubt since it is too far gone, stick a fork in it. Let this be a lesson to all corporate executives who are leftists. Once a corporation goes full retard on ESG, ethics and morals are non-existent. And many of your previous customers will rightfully turn their backs on you since they don't support the communizing of their once great Country. This in turn surely takes a financial toll on these corporations.

Exhibit A- Mark Tritton (the previous CEO and slimy Australian useful idiot for leftists before the current slimy useful idiot for leftists CEO Sue Gove took over) is now suing BBBY for reneging on his almost $7,000,000 severance package. LOL! There's no honor among leftist thieves. No ethics or morals are found on either side of that leftist fight.

[link to www.businessinsider.com (secure)]

Last Edited by Georgia_dawg on 04/23/2023 02:37 PM

that's funny, my ex sisterinlaw bith worked there and that was one of the duties i thought ridiculous- stacking things up so high you needed assistance and a rolling ladder to get them down! So stupid they went out of business!!

i read their proxy statments, 100% ESG and they learned that the H.R. Department can not, should not, run the company.

Woke is broke

Oh, they are just getting Financially Edjumacated...

or they don't have what you are looking for and reasonably expected to find there like in past?

in fact I can say that about a lot of stores these days.

All the illegal naked short selling hedge funds and market makers are giddy, though its worth noting that the stock doesn't disappear into thin air. It gets moved over to the OTC market and still trades.

Having said that, the management and board (along with hedge fund owned media outlets like Yahoo) have been pretty deceptive about their intentions and probably should face many lawsuits.

I disagree with stop losses because I am almost certain the Wall St bigboys can SEE where retail investors have put stop losses in place, and they can trigger them by just spiking shares down 10% for a few seconds to a minute, and then the price goes back to normal.

In essence, they can steal 10% from you, just using High Frequency Trading, bots, and algorithms.

You should have a price in mind, though, for a position where "If it goes down 11% from here, I will have to exit".

Actually, BBB was intentionally ran into the ground by Boston Consulting Group, who places poison executives and board members into "dying" companies for the sole purpose of stripping the assets, screwing shareholders, and stealing anything not nailed down. It's often referred to as "vulture capitalism". Hedge funds love it because they can illegally naked short the company into stock price bankruptcy, keep all the profits made from the naked shorting and never pay any taxes on the profits since the naked short position is never closed. Closing the position is what triggers tax liability. It's a big racket on Wall St.

They tried to do it to Gamestop also but failed and that was what triggered the January 2021 Gamestop stock drama. That's still ongoing.

Sorry what is 'illegal naked short selling'?

And do you know what bankruptcy is? Do you know what shareholder's equity is? If there is no money left after liquidation and all the debts are paid, then there is NO SHAREHOLDERS EQUITY.

Holding these shares, let alone buying more, at this point, is NOT investing, it is dangerous speculation at best.

Naked short selling is selling shares that do not exist.
Easy enough to look up and read about. Hedge funds do this constantly.

[link to www.investopedia.com (secure)]

Bingo. Citadel and Virtu, in particular, as market makers, know exactly where stop losses are and manipulate a stock's price to trigger sales at a loss or to kill options contracts that they sold. If that isn't fucked up enough, Citadel also a hedge fund that bets against the rest of the market, knowing they can just print money because their market making arm knows where and how everyone is positioned. It's all rigged and Wall St is a giant theft operation.

It is just naked short selling. Not 'illegal naked short selling'.

If it depends on the SEC enforcing the rules then what exactly do you think is gonna happen? You think the SEC is gonna intervene on behalf of the Meme Stock Bros against the Wall St banks?

Exactly !!
But for many greedy is good ....until it is not !!

Watch just about any stock, for 5 days, on a minute basis not hourly or daily candle.

And you will see how common these spikes are. Almost impossible for a normal person to use these downward spikes to actually capitalize on the 'sale', but absolute death if you had placed a stop loss.

Naked short selling is illegal. Did you even read the link? BBBY was on RegSHO recently (several times in the past year) because of naked short selling. The company's share price was purposely and illegally naked shorted into near worthlessness. RegSHO keeps track of stock tickers that experience very high "failure to deliver" instances. In other words, failure of the short seller to provide the actual share the short seller sold, thus making it an illegal naked short.

As to the SEC, the SEC's job is to protect the theft operation by Wall St, not enforce rules against it. Rule enforcement is against the little guy. On the rare occasion the SEC does enforce a rule, it's a small fine (compared to how much was actually stolen as "profit") and is considered a cost of doing business. The SEC occasionally has to look like it is doing its job. But the fines never go back to the defrauded investors. The SEC keeps it.

Greed? You mean trying to survive in a boomer controlled world of rock bottom wages and sky high home prices? Now matter how much we work never being able to get a house or a family so we have to take risks like this just to try to survive?

Fuck you greedy ass boomers. Hope your care takers at the nursing home murder you in your sleep by choking you on the jello or something

Fuck you crusty old greed whores, useless existence fucks

who the fuck goes to bed bath and beyond in 2023.?

they've been irrelevant for over a decade at least

Risky investments have the potential for more return because of the risk factor. The swings that can bring you big money can also wipe you out in the blink of an eye...that's why they're called "risky investments".

Who invests $30K in a risky stock without having a stop loss order in place? Fucking retards.

Bed, Bath, and Beheaded

It was all Chino-crap anyway.

Look at this little green-haired thing, trying to start generational divide.

My guess is high thread count bed sheets. That is why I was there.