BBBYQ, they're keeping it alive...BBBYQ is being traded via OTC currently -- and the interest hasn't waned a bit. It has continuously ascended pricewise this past few days despite having limited exposure on the market.
The stock is up by +50% last trading day. It's now up by x4 from its 0.04 recent low.
Here is what weekly data is conveying. It looks like accumulation is still in tact and progressively growing as days passes by. And the shifting price is reflective of that.
The public is anticipating some good news may come out of the Bankruptcy Chapter 11 Filing.
Spotted at 0.20
TAYOR.
Bedbathandbeyond
Bed Bath and Beyond - Buy the Uncanny Valley and Delete RedditOne of the first things you might ask yourself with this call is "How did a bull get stuck in a washer and dryer?"
The people who look more closely might ask "Why is this bull living out of a washer and a dryer?"
The short answer to both of these questions is that the dude listened to Reddit.
I say this in every post about memestocks, but Reddit isn't your friend. It isn't even social media. It's a social marketing and social influencing website masquerading as an organically-created and consensus-driven forum.
Moreover, the Chinese Communist Party's Tencent took a big stake in it many years ago and it spreads all the worst trash of Marxist-Leninsm.
Perhaps if Reddit had have collapsed in bankruptcy then the future would have been a lot brighter for several million young people. Too late for crying now, though.
Scrolling through Reddit is the intellectual equivalent of eating eight or nine bags of potato chips everyday and then complaining that you're fat and girls don't want to marry you.
There are two things Reddit is there for when it comes to trading. One is to condition you to feel that losing money, and a lot of it, is both normal and okay.
It's not.
If you're losing money trading, then you need to fix something, and fast, or just take your money and go buy yourself something nice with it, because you're obviously just gambling and are missing something fundamental in both your understanding and execution.
Wanting to get rich, and quick, will do that.
The second thing Reddit is there for is to indoctrinate your mind with pornography, socialism, Marxism, and atheism, and it happens all while you think you're reading the words and feelings of other people who are just like you.
But they're not just like you. They're not even people.
They're "professional" community organizers who are sitting in a cubicle referencing a flowchart pinned to its grey cushions collecting their $16 an hour and you can't figure it out because they told you that the very idea is a "conspiracy theory."
Bed Bath is this company that sucks and is going bankrupt. Don't believe it? Just go to a store and ask yourself why you're there instead of on Amazon on your phone.
That didn't stop BBBY from yielding 4 and 5 baggers if you happened to buy the bottom and sell the top (you didn't, Ken Griffin's trading desk did, though), and that's exactly the issue.
So the story with BBBY is that Hudson Bay Capital and a bunch of other Wall Street money effectively put a $1 billion blood infusion into Bed Bath. This comes in the form of some convertible preferred stock that has a profitable floor of about 71 cents and a ceiling of about $3.61, according to Bloomberg .
What's 500% among friends? That's what I always say.
So, taking a look at Reddit, there's two really notable things on this stock:
1) In the last two weeks there's almost a total blackout on BBBY from the WallStreetBets pump-and-dump-to-dumb-money brigade.
2) The Bed Bath subreddit has desperate bulls looking for the "MOASS" (Mother of All Short Squeezes), despite it already doing it twice in quick succession (lol, shows you their entry is higher than $5 and $7, doesn't it?), and telling each other to quickly "DRS" (Direct Register, AKA put your BBBY in an off-exchange personal wallet) in an attempt to mess with the float to manipulate Hudson's equity position on their convertible contracts.
After thinking about it for a while, I believe the blackout on BBBY on WSB is because the idea is to not attract the attention of retail buyers to the stock now that "everyone knows" BBBY is going bankrupt.
In other words, the PR company and the people who pay the PR company, who manage Reddit's trading forums, don't want people to buy cheap.
The BBBY forum is acting as mentally ill as it is because bag holders are feeling desperate and dosing a heavy stimpak of hopium.
All of this leads us to believe that, despite the reversal pattern that the short-dumpster to $7 produced, a new all time low is incoming.
After all, Hudson's risk is profitable above 71 cents, Bloomberg says. The ATL is 88 cents. This is 20%, by the way, and 20% is a lot. If you got a 20% move on the Nasdaq while holding a QQQ call you'd make like $4,000 a contract.
The thing to understand is that smart money isn't like you are, who is eternally unhedged and emotionally unstable. Hudson is hedged and really couldn't care less if BBBY goes under 71 cents for a few days because they'll just buy more. And they have a strategy to profit from the plummet in the meantime.
Of course they'll buy more. They obviously see a lot of upside to risk $1 billion on a bankrupt shitco retail chain that was trading at a 2-handle when they donated blood.
So, what kind of upside is there? Well, frankly speaking, the upside is this weird double top left at $30 during the RYAN F'IN COHEN pump and dump last year:
It might sound too good to be true, but look. BBBY short interest ending Jan. 13 and Jan. 31 are both twice as high as it was during the Cohen/Reddit retail rape.
Moreover, according to the most recent institutional holdings filings dated 12/31, only nobody firms sold out of BBBY.
While names like Bank of America and Barclays reduced their positions, bigger and more important names like Blackrock, Vanguard, Morgan Stanley, and Citadel increased their holdings.
Did they not know BBBY was on the verge of bankruptcy and stood to get delisted like Party City just did? Of course they knew. They know what comes three and six months from now, too.
A lot of the same big names decreased their holdings in Party City before the bankruptcy
Another key factor is at Friday's close Bed Bath is only worth like $211 million in market cap. Even a 20 bagger is only $4 billion. A 20 bagger from <$1 is only $2 billion in MCap.
For Bed Bath to go to $30 or $60 in the end requires some crazy fundamental thing, like perhaps Buy Buy Baby really does get split into its own stock, awarded to BBBY shareholders, and you get a Kodak 2020-style candle.
It's hard to say, but if you buy at 60 cents and it goes to $2.4 and you sell it all, who really cares?
Nobody except for Wall Street truly knows either what is going to happen or when it's going to happen.
But for now, it seems to me that the thing that will generate the most alpha for the MMs is to dump BBBY under its $0.88c ATL, probably while Nasdaq and the indexes feign beartown and volatility goes up.
This will cause capitulation from retail bag holders, because that's how retail does it, while the WSB brigade won't buy because they're not being told to buy.
Imo, this is the idea of everything going on right now.
So you can buy the really low prices. But there's a lot of risk. Maybe BBBY goes Chapter 11 and gets delisted and liquidated in receivership, though.
Life is hard and you lose a lot, no matter how you want to gain. You still lose a lot.
Buy a $0.6 handle and try to hold a winner to $30. I dare you.
Frankly speaking, holding a winner is really hard. In some ways it's a lot harder than holding a loser. The way to do it, though, is if you can bag some multiples, is to sell a portion equal to your risk and let the freeroll run until the entire market at large is showing the warning signs of a crash.
Then dump it all and never touch it again.
So, stay safe, lawyer up, hit the gym, and most importantly, delete Reddit.
BBBY - I am still confident in this playI posted earlier about BBBY and that I thought it was a good time to buy, I still believe there is a good time to buy this stock if you are looking for a squeeze play. I have no idea how high this could go but the short interest shows 130% so that tell me something. There is always a huge risk to buy into stocks like this but some kind of reversal will come sooner or later. We can see the crazy spikes that been before and the SI havent been this high at those times. The marketcap is extremely low so pushing this ticker is very easy. If we bottom out around here the RSI is also showing a divergence on the weekly chart. This is extremely bullish. The MACD is way below the midpoint which also indicates for a turnaround. I would say its either bankruptcy or a big squeeze. I am NOT calling for numbers like 100$+ here.
You should be cautious when this squeezes because you never know how high it will go. But up to 3$+ is very likely in my opinion. And with a 1000% gain this could bring many retail in and hype this up. But as I said, This is a risk play and take money of the table if you gain from it. There are many retail investors that bought around 20-30$. These guys wont sell between 3-6$. Maybe 10, have that in mind also.
BBBY By no means is this any financial advice. Since we've all seen the news that was released about Bed Bath & Beyond reportedly raising $1 billion in the stock deal to get out of loan default.
now that means they are diluting the shares.
Shares of the retailer are heavily shorted, with short interest standing at about 53% of the float, according to data compiled by S3 Partners.
The company is doing this because the stock went up so much that you need to understand that BBBY will sell that to take the profit out of the squeeze. so most likely every time it rises they will make an offering diluting the shares even more which will cause a pull back. so be careful of that
BBBY in My Top Stock Picks for 2023BBBY Bed Bath & Beyond has the potential to become the next GME GameStop or AMC Entertainment.
Heavily shorted, analysts saying that the stock May Not Make It to 2023.
Perfect for a short squeeze.
BBBY Bed Bath & Beyond is one of My Top Stock Picks for 2023!
Looking at the options chain, i would buy the $3 strike price Calls with
2023-3-17 expiration date for about
$0.70 premium.
Looking forward to read your opinion about it.
BBBY Bed Bath and Beyond - A High Risk Scalp Is All That's LeftBed Bath and Beyond is a classic case of why you stay the hell away from Reddit, which is partially owned by the Chinese Communist Party's Tencent, and good for very little besides indoctrinating readers with atheism, socialism, Marxist-Leninism's garbage, and a lot of pornography.
I remember during the $10+ August run seeing posts on WallStreetBets and the BBBY subs encouraging people to buy and file paperwork with their brokers for self custody because Buy Buy Baby was supposed to get split off and lead to a moon mission.
Also, RYAN F'IN COHEN!!!!
Other fun posts were propaganda like "Wow this BBBY store just opened near my house! Bullish!" and "Bought my entire family a membership for Christmas xD."
Reddit is not social media. It's a social marketing and social influencing platform where communities are organized from the ground up by professional public relations firms.
Enlighten to it, already.
If you risk your money on the basis of what some alpha-schtick avatar with slicked back hair, a suit, and sunglasses says, you really can only blame yourself when you wind up holding a 95% loser, which is what this thing has become.
Reuters reported on Jan. 5 that BBBY is on the verge of missing a $1.5 billion debt payment on Feb. 1, which will give it 30 more days before it will default, and is on the verge of bankruptcy.
And over the course of 2 days, you lost 47%.
Earnings is coming up on Jan. 10, and for those who bought $1.80 and $1.30 thinking you got a deal, the all time low isn't far away at 88 cents, which was the first month BBBY traded for all the way back in 1992.
You should absolutely expect Bed Bath and Beyond will post dumpster fire numbers with heavy warnings to investors about how things are about to get a lot worse before you buy the dip.
That being said, the only potential profitable trade on this thing before it declares bankruptcy is for it to do something like the piece of trash Upstart Holdings, another Reddit pump and dump, did on its last earnings after it reported a 200% miss on EPS, with a good old fashioned dump and squeeze before falling even farther towards the 12th Layer of Hell.
And the good news is that if you don't get stopped out, you might get lucky and get a retracement to the daily trendline at roughly $2.40 that you can sell at, if the markets go wild on a Thursday CPI miss and whatever ostensibly bullish narrative Wall Street wants to pump FOMC rate hikes with.
SPX500 / ES / SPY - Enjoy the Party While It Lasts
But what I would like to point out to you is that BBBY declaring bankruptcy means that the stock will approach $0.00 legit. In the best case scenario, you might get a buying opportunity before it gets delisted so that you can hold your bag until someone buys its assets and maybe the stock will be worth something again if they don't just liquidate the chain to pay creditors.
A good example is found in Hertz HTZ
It fell from $20 to 0.44 cents and got delisted, and stayed that way for almost 2 years. Then it was worth a lot.
This is called "gambling" not "distressed investing," however.
Another chance you have is found in the precedent of this piece of crap APE "All People Equal" (Thanks Karl Marx and Mao Zedong! Absolute egalitarianism and class struggle is sooooooooo cool!!!!) from the AMC split, which absolutely annihilated really, really bad short sellers trying to pile on to $0.00 once it fell into the 0.60s.
You might also get this kind of squeeze on BBBY if there is news that it somehow won't miss its debt payments, and then $3.50 is incoming. Maybe RYAN F'IN COHEN will Superman and cape in to save the day.
Bed Bath and Beyond is another one of those garbage-style retail outlets that existed to hustle stuff made in the Chinese Communist Party's factories to Americans and Canadians, and now that it's been replaced in usefulness by stuff like Amazon, truly has limited value as a business model.
Amazon AMZN - Manufacturing Support
But they have a lot of stores and a lot of infrastructure, so maybe someone will come along and buy them on the cheap, resurrect BBBY, split Buy Buy Baby, and you'll make a fortune.
If not, you can always complain about Ken Griffin and Citadel with the Redditor Wumao that you still think are fellow bagholders because you don't want to sober up and get off the damn computer already.
Look, if you take this trade, it's a scalp. And it's a risky scalp that might be nice. You literally need to buy the earnings crash, wait and see if Nasdaq wants to go up on Jan. 12, and get out in a profit.
This isn't something to buy and hold, no matter how some "alpha" kid with a bored apes NFT for a profile picture barks about how they "like the stock."
Good. Grief. Don't. Hold. This. Piece. Of. Crap.
Some influencer might "like the stock," but don't you "like" your money?
You can't take BBBY shitcoins to the grocery store to buy rice and you can't take them to the gas station to buy gas.
Never forget this. And never forget to ditch Reddit and the Chinese Communist Party forever.
Get off the computer and go outside more. You'll trade better and lose less/make more money, too.
bed bath and from beyond the graveits no secret that if a company has a lot of brick and mortar stores in closed down, or dying malls and shopping centers that said company has taken a hit over the past decade. BBBY is not an exception, and its a matter of time before the party is over for this bounce. im looking at the adaptive moving strategy to get a better picture of trend regularity in an outlying move. ive highlighted the conditions that are ideal on the left. the breakout that led to this upswing started there. ive marked fib retrace from swing low to swing high to show where continuation is more, or less likely. as you can see by the current conditions for the adaptive MAs these are not ideal, and are threatening to reverse back to bear. what you want is green over yellow over grey. we have total convergence. look at the conditions of these lines to either find an area to buy or sell. the horizontals are my price targets given all these factors. basically bbby is going back to very bearish unless we stay over $4.05. consumer discretionary is near a local maximum.
BBBY | Its Time to Load | SqueezeBed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. As of February 26, 2022, the company had 953 stores, which included 771 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 130 buybuy BABY stores in 37 states and Canada; and 52 stores in 6 states under the names Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications comprising bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca, and decorist.com. In addition, the company operates Decorist, an online interior design platform that provides personalized home design services. Bed Bath & Beyond Inc. was incorporated in 1971 and is headquartered in Union, New Jersey.
BBBY The Road to $80NASDAQ:BBBY
Hello everyone ,
I'm back with BBBY madness! Just a reminder none of this is financial or sexual advice. The last time GameStop was on Reg Sho explosions happened. This is moving very fast so good luck to you all! Zooming in on the daily, from the recent downtrend we hit 0.618, 0.786, and the 1-1. We did leave two gaps to fill at around $13 and $8. I think the trend continues on and into the 23rd. There's no stopping this now. Zooming out on the daily, downtrend that we started at the start of the year starting our fibs there, we are aiming for that golden pocket retracement and an extension to the 1.618.
PT #1 35
PT #2 43
PT #3 85
If we can break 35 and 43, see you all at 85. It was also extremely NOT surprising to see that BBBY ran and so did AMC and GME. The 23rd is going to be a very volatile week.
Looks like a index chart prior to moon... SPX NDX Status...Very hard not to be bullish on a chart like this. Massive short interest, low float, billionaire backing, history of stock buy backs... at this point a partnership, a stock buyback, or anything out of the ordinary on the 31st could send her to triple digits. Remember September 1st is a big day for shorts... What a great Meme symbol as well. To infinity and bbbeyond! LOL NFA...
Bed Bath and Beyond - Don't BTFD - Bye Bye, BBBYI heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders.
I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike.
I heard on Reddit that BBBY is due for a pump because 45%~ of the float is short sold.
All of the above are true. However, what I would like to point out to you is a few key considerations:
1) The July - August bottom of ~$4.50 was both extended and precariously close to the 2020 COVID bottom. But they didn't break.
2) BBBY is already at this pump's top at sub $14. What comes after a pump?
3) If BBBY is going to spin a second stock in a few months, there's going to be proper accumulation. A proper accumulation requires you bag holders to capitulate.
4) Jan. '23 is four months away. That's a lot of time for you to hold $10 and $13 bags when this thing dumps to its 1993 low and you need to pay $12 a gallon for gas.
Reddit is not a normal social media site. It's a social marketing and social influencing platform, and one with a heavy Marxist-Leninist influence, to boot.
You think you are reading organic comments from other young people, but you are reading the written vomit of a combination of a botnet and a professional public relations firm that front runs the moves.
The purpose is to drag you in and have you donate your life savings so that someone who looks like Sam Bankman-Fried can pay some creditors and then buy another apartment and a new car after you trade your money for their bags.
Monday could go two ways. One is a gap up over $14 and then a dump and the other is just a gap down that doesn't bounce.
Either way, you're now on the wrong side of history to be buying the dip. Don't buy the dip. Your risk is a ~70% wipeout from the nearest gap. If you bought at $13, well, cut your losses and stop gambling.
Be patient and wait a month or two when everything is scary and the Reddit brigade is telling you that BBBY is a total piece of trash that nobody would ever want.
And remember, Redditors are not your friend. They are Fabians.
Bed Bath and back down she goes!Bed Bath & Beyond
Short Term
We look to Sell at 12.61 (stop at 14.80)
Selling spikes offers good risk/reward. Previous support at 13.00 now becomes resistance. The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 6.20 and 4.20
Resistance: 13.00 / 23.00 / 30.00
Support: 6.20 / 4.50 / 3.60
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Bed Bath & Beyond (USA: $BBBY) Revisiting 0.786 Fib Yet Again!🛀Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. As of February 27, 2021, the company had 1,020 stores, including 834 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 132 buybuy BABY stores; and 54 stores under the names Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca and decorist.com. In addition, it operates Decorist, an online interior design platform that provides personalized home design services. The company was incorporated in 1971 and is headquartered in Union, New Jersey.
Bed Bath & Beyond (NASDAQ: $BBBY) Back At Pre-Pandemic Levels!💡Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. As of February 27, 2021, the company had 1,020 stores, including 834 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 132 buybuy BABY stores; and 54 stores under the names Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca and decorist.com. In addition, it operates Decorist, an online interior design platform that provides personalized home design services. The company was incorporated in 1971 and is headquartered in Union, New Jersey.
should be renamed, Bed Bath and Beyond $45 IncomingTLDR bbby going bigly beyond
Measured move from previous run up 120% brings us up beyond previous resistance around $45 from where we are now
Previous run up saw the largest volume bar entry BBBY has ever seen followed by 15 bars on the weekly chart or 69 bars on the daily before blast off
This time we have had again the largest volume bar entry ever bigger than the last and, this time around a price of $30, were only now at 41 bars on the daily chart from this volume entry and conveniently have earnings coming up within this time period at 63 bars. Just enough time to scam it sideways to burn short date option earnings players before scamming it to new highs again
Conveniently this delay would also take us to 100dma support as well as on the weekly chart would have us seeing the 100 weekly moving average bullishly crossing the 200 weekly moving average which historically for bbby has shown good things happening for quite some time
$79 previous ATH of course possible
This would also all within keeping of a tidy little channel lining up with the 100 and 200 day moving averages and with left beginning point of the channel at $5.95 the highest price volume point this whole crash and recovery, starting the channel off on the third day of support at this highest price volume level
Seems like bed and bath are gonna go Bigly beyond!!
BUY $RHGreat PEG setup here for $RH. Very bullish consolidation with declining volume. Has had several interactions with the pitchfork, so we can look to the bottom blue line to act as support and the median red line to act as a magnet/resistance. Target = $460 by mid-November as a conservative estimate. Use the white box as an entry point. Good luck!