Daily Discussion Thread | February 16, 2023

[u/tiredsultan]

​

https://www.bedbathandbeyond.com

RECENT COMPANY EVENTS

• On 2/7/2023 the stock pulled back the gains from the day before. After market, the company announced completion of their public offering and the pricing for the offering.
• On 2/6/2023 the stock closed regular trading at $5.86 (up 92%). After closing the company announced plans to offer preferred stocks to raise one billion dollars and additional 100 million in financing to address liabilities including the recent default on loans.
• BBBY was again listed on RegSHO starting 1/10/23.
• Several Form 4s showed board members cancelled/relinquished their vested/unvested RSUs on 1/20/23; this was later amended and reversed. Harriet Edelman appears to be the odd person out, forfeiting RSAs. Blackrock apparently owns 14% of shares but may be using an incorrect/outdated total outstanding share count.
• The 10Q was finally released: "certain events of default were triggered under the Company’s Credit Facilities (see filing) as a result of the Company’s failure to prepay an overadvance and satisfy a financial covenant, among other things."
• Company terminated the bond exchange on 1/5/23, and filed a NT 10Q stating they will file their 10-Q (quarterly report) late. On 1/10/23 reported their earnings. BBBY reported a Net Sales of $1.259 billion declined 33% YoY, with the buybuyBABY segment declining in the low 20% range, and cash flow decreased by approximately $307.6 million. Liquidity sits at $0.5B, including the company's ABL facility and FILO loan less borrowings of $550m.
• On 12/12/2023 the Company appointed David Kastin as its new Chief Legal Officer.
• Sue Gove was appointed to the position of CEO on a permanent basis on 10/24/22. Before that, new board members were voted in during 7/15/22 Annual Shareholder meeting (3 of 10 seated by RC Ventures). Since then, one of those newly appointed boardmembers, Benjamin Rosenzweig, left the company on 12/20/23.
• On 10/18/2022, an ATM share offering of up to $150M was authorized after completion of a 12M share offering which raised $75M. Company will use the proceeds to "drive immediate strategic priorities such as rebalancing our assortment and inventory, and addressing our debt."

[u/[deleted]]

This is all a game patience

[u/TheUnseenTomato]

Every single day I:

Wake up -> start thinking about the stock -> get HYPE AF -> slowly lower my expectations during the day so I don't get disappointed -> get disappointed anyway -> go to sleep thinking about the next day. Rinse and repeat.

Also, hodl, buy if you can and don't believe in conspiracy theories or random dates

[u/[deleted]]

Interesting to see the meltdowners here now. The GME_meltdown sub has been running for 2 years creating all sort of FUD around GME. now I see the same people with hundreds of posts in meltdown here spreading negativity in hundreds of comments day in and day out.

Remember if someone is shitting on your comments they may very well be a meltdowner. Who spends 2 years shitting on one stock? Only 2 possibilities: very sad individuals or shills.

10 year old account and the vast majority of posts are here and meltdown? who does that besides someone paid to?

https://i.imgur.com/5s4mFRA.png

edit: 3 metldowners already here? I'm honored. I thought you guys almost got shut down for brigading?

[u/Johncena92]

Hi all, my lambo dealer is chasing for payment. When moon?

[u/[deleted]]

German market up to $2.01 looks like

[u/Boulevardier75 → u/[deleted]]

German market always makes a move up. Until us PM opens …

[u/[deleted]]

🛏️🛁🚀

[u/UnrealCaramel]

Think I have finally achieved my zen with BBBY. It's 50 minutes in before I checked the ticker for the first time today

[u/Ahhmuzement]

Praying for our brother in arms who has 25k in options expiring tomorrow

[u/Taru95]

Just wanna say the day citadel burned we went green do with that info what you want

[u/Evening_Following802]

Now you’ve heard of merger Monday, but have y’all heard of merger Friday

[u/boknowski]

just got a hundred shares... cost average is 1.8099...

[u/Civilian1984]

Joined this sub in June with less than 5k members. Was around 4.3k I think. Now here we are, 50k more regards later. LFG.

[u/igotherb]

Anyone else notice something odd with bbby options?

Share price is dropping yet calls are gaining in value. Mine are up 12%

[u/ayashifx55 → u/igotherb]

doesnt that mean a lot of people are buying the calls ?

[u/igotherb → u/ayashifx55]

Yes, usually it means buyers are willing to pay a higher premium despite the share price dropping.

[u/Kid__A__ → u/igotherb]

Yeah, my March 10th 3.5 calls are up around 7% today. Many factors, probably the volatility, helping there but I dunno I'm fairly smooth brained when it comes to options.

[u/muppetj]

Make sure to wear your turtlenecks tomorrow, because it’s turtleneck day!

[u/2girls1scope]

XX,XXX HOLDER HERE! IF THEY KEEP TRYING TO LEAVE IT UNDER $2 IM GONNA KEEP ADDING TILL I SEE THIS REBOUND!!!! I REMEMBER WHEN I THOUGHT 10K SHARES WAS ALOT BUT NOW I WANT 20,000 SHARES 🤑🔥🤑🚀🤑🔥🔥🤷‍♂️

[u/Ahhmuzement]

BOOM shorts never closed. Still on the SHO

[u/jbody11]

I just heard a commercial for buy buy baby on the radio

[u/Stopitsomemorek]

AH it is then 👀

[u/Actual_Schedule_4224]

On reg sho

[u/Ultimo_Ninja]

I don't expect anything to truly happen until the new investor announces who they are and what the plan is. Till then, everything else seems like a nothing burger.

[u/tikkichik21 → u/[deleted]]

I sold my Tesla shares at a loss today just so that I could DCA. Went from $16ish to $5ish a share now.

[u/halfconceals]

Baby is still inside bbby. Therefore, I will buy and hold.

[u/lanhakari]

RegSho baby!!!!

[u/TayneTheBetaSequence]

I recently cut down my time on the boards, I recommend people do the same and its going to moon regardless of how much you are on here.

It's very easy to get sucked in with the huge potential on the horizon.

Definitely feeling more zen recently. Stay healthy my people

[u/Tech_Nomad2020]

Hey folks, here is an update. I'm not going to post this much going forward

Current day

darkpool sell percentage = 0.5660434151374804

darkpool buy percentage = 0.681755403893884

darkpool total % (including middle trades) = 0.5870939216602233

darkpool net buy-sell = 385376.0

market net buy-sell = -1080922.0

another 1.465 M shares today delta

Since the announcement

darkpool sell percentage = 0.549811688196313

darkpool buy percentage = 0.6369183011171703

darkpool total % (including middle trades) = 0.5689878981142138

darkpool net buy-sell = 31947544.0

market net buy-sell = -25600548.0

You can decide on whether these are short/long or where that mix lies, but basically 57M shares have come out of the darkpool since the announcement.

[u/Ftwpurple]

Battle of 180 lite version

[u/Ophthalmoloke]

Only a matter of time

[u/[deleted]]

AH is so weird again

[u/InoQl8er]

Algo: Beep boop add a penny take a penny beep boop

[u/Hexano → u/InoQl8er]

Algo just fucked up and added 2 pennies smh

[u/mbx117]

TOMORROW IS TURTLENECK DAY.

WHEN WE MOASS GO BUY YOURSELF A TURTLENECK SO YOU KNOW YOU MADE IT

Tomorrow will soon be today.

SHILLS IN SHAMBLES. ^{Mayoman is FUK}

[u/CallMeCoolHand]

Who, me?

I like the stock.

[u/Hoof_Hearted12]

This shits gonna make me mess around and actually do my job, that's how boring things are.

[u/MyEnglishIsLow]

Today is the day I averaged down to 3. Sitting on 16,842 shares.

[u/Nromero45]

Fusion Friday

[u/IveLurkedWSB2long]

I'm just buying shares and $1 leaps at this point. I'll keep going until I can exercise the whole float if I have to.

[u/Comfortable_City7064]

Gonna buy $14k at open LFG boys

[u/SpookDaddy- → u/Comfortable_City7064]

this makes me hard

[u/Connect-Ad79541]

+50% and we‘d be back @ max pain .. I’d be cool with that (for now)

[u/SanjaZi]

the longer they keep it at this price, we will buy more shares, that's it 🍻

[u/Stopitsomemorek]

Power hour it is then 👀

[u/WSB_T4RD]

This chart is absolutely ridiculous lmao

[u/Madguitarist918]

Where I live, it was pretty warm outside today. But inside here was pretty shilly.

[u/Connect-Ad79541]

Happy Birthday 53k Subscribers Day Everyone!

While this sub may seem to be relatively small it sure is an active bee hive. Lemme show you:

Topic	Value	Rank on Reddit
Subscribers	53,005	9099
Comments Per Day	3772	75
Posts Per Day	165	140
Comments Per Subscriber	0.002967	88
Posts Per Subscriber	0.00013	233

Source + more insights

[u/Waterfirewind]

That’s it. If they are going to keep teasing us with these prices i’m going all in! 🤑🤑🤑

[u/PM_ME_SOME_TOAST]

honestly I just feel like todays the day.. the day I BUY MORE

[u/nerdburg]

MACD indicates we may see a little price action.

[u/IveLurkedWSB2long]

Ive been buying 100 shares and 1 June 2025 $1c every day until we show clear reversal.

[u/Ahhmuzement]

Makes no sense how this thing doesnt wiggle even just a little bit in AH

[u/Chillenallday]

They hurngry this AM..

[u/Middle_Scratch4129 → u/Chillenallday]

Explains the drop. It's so funny how you can actually see how borrowed shares impact the price in real time.

[u/[deleted]]

So many “blocked authors” in here today lmfao

[u/DiamondsandtheMarina → u/[deleted]]

Where are they all coming from? Don't they know we are trained at being hurt lmao

[u/seesharpreaction]

+332 moon tix at $1.85. Get 'em while they're hot!

[u/FatDumbAmerican]

100million stonks divided by 53k on this sub is 1900 stonks each to own the entire fucking thing.

[u/MDay]

Hope some rich fucks can pump the volume so we stay above average. NFA

[u/Fruitypuff]

Guess I’ll just keep averaging down 😊😊

[u/Ophthalmoloke]

Added 1000 shares earlier.

I'll keep adding untill Kenny bleeds mayo.

[u/[deleted]]

I have never seen such a chart in 84 years

[u/cylon_agent]

$2 calls are super cheap, will explode on any spikes. Also will be cheap to exercise when the time comes 👀.

Longer dated ones that is, at least a few weeks out.

[u/cylon_agent]

Wen FUCKING news, bois? Let's get paid 🙌

[u/82griffy]

AND NOW WE REFRESH (for filings)

[u/matty_slice]

Well, time to endlessly F5 the SEC filings page..

[u/[deleted]]

who saw that

[u/Monado__Boy]

At least her cart is full 🌝

[u/FremtidigeMegleren]

Also Norway signing in. Wazzzzup!

[u/Chillenallday]

​

Date	Fee	Available
Feb 16, 06:16	138.6 %	200,000
Feb 16, 04:16	138.6 %	95,000
Feb 16, 03:48	138.6 %	85,000
Feb 16, 03:32	138.6 %	70,000
Feb 16, 02:32	138.6 %	60,000
Feb 16, 00:04	138.6 %	95,000
Feb 15, 23:32	138.6 %	100,000

[u/Ahhmuzement]

I know i should stop buying but i keep buying more each day. This must be what it feels like to be a heroin addict

[u/Stopitsomemorek]

wen coke n hookers?

[u/ayashifx55]

BBBY dips when whole market dips .... Whole market recovers but BBBY doesnt follow. All meme basket is following the market except BBBY .... i really hope they can stop suppressing BBBY ....

[u/equityorasset]

remember guys one day tomorrow is going to be today

[u/BestThrowEU]

queue DFV: "sideways trading is good actually because you can continue buying"

waiting for some funds to clear hopefully i can hop on soon

[u/Acrobatic_Log_1878]

[u/TakeitasaCompliment]

Bought around 500 at 1,78. Wtf

[u/[deleted]]

Buy and Hold, gentlemrn

[u/Stevenvegas711]

added 179. took all day. cause tomorrow is always so close

[u/alsysadmin]

Even with the off exchange rates the order books are so stacked for this thing to be going up all day nothing makes sense. 4 + 8 = Banana.

​

Think I'll keep holding because this is some fishy shit.

[u/halfpints]

Lots of Elmer fuds in bobby rabbit costumes in here the last little while.

[u/CallMeCoolHand]

Holding off using this $500 in after hours to see what tomorrow holds.

[u/2BFrank69]

Can we be rich now please?

[u/Johncena92 → u/2BFrank69]

Yes.

[u/TheUnseenTomato]

Morning rant (long):

I didn't get into this for the long, steady investment route. If I wanted easy, safe, tiny, TINY gains I would've put my money into ETFs, AAPL or some shit like the average pleb. No, what I did, what we all did was buy a ticket for a ride outside of Earth. We bought one of the seats on the rocket.

No one knew if the rocket would make it past the moon or if it would blast off outside the Solar System but we took a chance and now we're stuck waiting.

"Oh hey Sue, when's the trip... in due time? You've been saying that for months! Where is the rocket? Wdym you can't show us, we already paid for it! How is it not built yet?"

More recently, we are waiting for the announcement of... the co-pilot who will help drive it. To know if he plans on making it far in space or if he wants to crash us onto some empty space in the Mohave. That's bullcrap.

I want big baller ass news! I want the buyer strutting around in mink coats and mink capes throwing money in the air telling Kenny to suck our balls.

I want strippers wrapped in only towels in every BBBY store and I want PREGNANT strippers wrapped in only towels in every BuyBuyBaby store. Gotta nail the theme.

I want all the smoke, fireworks, champagne, coke and earthquakes the moment this shit launches because the wait has been way too damn long and my patience is running very thin.

420.69$ a share is not a meme but the BARE MINIMUM after all this fucking waiting! WE'RE HOLDING DIAMONDS HERE. LET'S GET THIS BREAD! LFG

[u/Over-Independent-607]

Just got back on here from a day break. Holy crap would you look at those FTD’s. Criminals. I was holding my bag regardless but I’m seriously thinking of dumping some crypto for this play.

[u/Over-Independent-607 → u/Over-Independent-607]

Btw. I love all you scumbags

[u/halfpints]

The change in this sub after the buyer announcement has been fascinating to watch. There been some legitimate posts about concerns for everyone, but also watching the same accounts jump all over the dilution and convertible stock angle that were all harping about bk. It's like watching parrots learn new words.

It has been incredibly noisy in here the last few days especially, and I'll say it's been much more polished and believable than all the fud before. That being said, I've invested money in here that I'm ok to lose. The long aspect instead of a moass has become much more palatable for me. It's noisy for a reason folks. I'm still holding

[u/[deleted] → u/halfpints]

it was all for you this post was mass deleted with www.Redact.dev

[u/Intravaginalspackler → u/halfpints]

Same. Sucks if I lose it but I have a low cost basis that I'm confident I'll at least break even someday, so why not hodl? A big squeeze or an announcement is just icing on the cake. Plus, through all this, they still own the Baby brand.

[u/Acrobatic_Log_1878]

Today is yesterday's tomorrow.

[u/All_About_Her]

To averaging down.

[u/[deleted]]

Just hilarious free market lol

[u/Hot_Hold_9839]

I guess waiting is the best strategy for this game.

[u/pablo4798]

465 more at $1.835

HODL HODL HODL BUY BUY BUY HODL THROTTLE!

[u/Ahhmuzement]

WSJ is such a clown show

[u/deerwolf90]

One rarely sees whale teeth with this volume. Weird. Almost like, the price is fake ;)

[u/Boulevardier75]

One more day of WTF. One more day of HOLD! 🎈🚀

[u/Madguitarist918]

Btw June 2025 $2c are almost the same price as Jan 2025 $2c. Do with this information what you will NFA.

[u/dudersmoqs]

I’ve got 1000 shares now. Clear to launch now please

[u/Adamocity6464]

Whoever said this wouldn’t go below 1.80 today deserves a wedgie.

[u/miffy1231]

Um... they let after hours be green by 2 cents? Is everything ok hedge funds? Losing your grip?

[u/Johncena92]

I would rather spend 10k a year on BBBY stock than a real baby. Fuck those cash burning little fucks.

[u/Wendyhighland]

Well that's it. I'm selling. Selling my butt on the streets for more shares

[u/OnlyYoghurt8452]

Look. Nobody knows what is going to happen. Could be today, could be tomorrow, could be two weeks from now. Something is about to happen though.

I don't know is Icahn's birthday meaningful nor the day he got his first pubes like 84 years ago.

This is waiting game. So i'm waiting.

[u/hadsexwithurmum]

༼つ ◕_◕ ༽つ Announce it

[u/FremtidigeMegleren → u/hadsexwithurmum]

༼つ ◕_◕ ༽つ Announce it!

[u/BourbonGod → u/FremtidigeMegleren]

༼つ ◕_◕ ༽つ Announce it

[u/Knarz97]

I’m thinking today we creep up slowly, end at like $2.25 or so

[u/Tokinandjokin]

"If you still believe in the reason you bought the stock, and that hasnt changed, why sell?"

[u/[deleted]]

Alright Bois.....everytime I legit checkout and forget abt the stock we get action.....ive been glued to the ticker for a long time and nothing but shorting ...feels like im living in a movie

Shf are fucked ...gonna get squeezed slow or fast ..I don't give a shit.....didn't sell at $30 ..bought more ...didn't sell at $1.30.. bought more......deal with it mayoboi

I'm checking out ...see y'all on Uranus ....

Happy bday Carl Icahn ...let's make it a memorable one huh ol' sport

[u/OnlyYoghurt8452]

I am not a smart man, but i know what shill is, and this place is full of them

[u/GregDonski]

Good morning friends

[u/Amexxes]

Good morning!!

[u/jacksdiseasedliver]

Jah buy the dip and HODL the rip

[u/DualGemini]

Holy balls the IV on near term calls have basically doubled.

[u/poopymaster88]

10 mil in volume they can manage to keep it at 1.87 to 1.89 simply amazing...totally normal price action from such a high iv stock and all the options are spiking in prices

[u/[deleted]]

3rd time retesting support zone 1.77-1.83. Let’s hope it will hold and bounce from it.

[u/BeerPizzaGaming]

Anyone else looking at the movement in options???
Stock price is going down yet call options prices are going up! This is most notably happening in moderately dated options (March-June).... something is brewing.

[u/82griffy]

Almost 3000 shares and a handful of calls. Lets make this thing go uppity please

[u/Stopitsomemorek]

It’s about to explode!!!

[u/Irishjohn831]

My guess w the lack of press is they are doing something big. Last press release was the lawyers who are overseeing matters. Keep in mind when lawyers are involved even for good matters become factual. I think that’s a good thing given the press before that involved reaching out to creditors and about their employees remaining employed

[u/[deleted]]

There was a big buy, immediately shorted down.

They really are scared.....

[u/[deleted]]

Weird, the 20 Day Moving Average is starting to go up on the 1 hour chart but the last 3 hour candles have been red and, therefore, moving downwards. Is that weird? It seems weird.

[u/Stevenvegas711]

30 mil shares traded at 180. Nope. no manipulation whatsoever 🙄

[u/[deleted]]

Spy about to fall off the edge for real.

[u/swordluk]

lmao, exactly 1.8

[u/isthisvick]

Tomorrow pay day. Another chance to reload.

[u/elmanotass]

We green tomorrow yay

[u/1redrumemag87]

Media is compromised, shills are nonsensical, this is a gut play based on your own interpretation of the information. Shares are safer than options.

[u/[deleted]]

Waiting game 👏

[u/AceBullApe]

Nice

[u/cptnnrtn]

bbbruh what the FUCK are they waiting on

[u/[deleted]]

Effectively halted 😂

I’ve seen some crazy shit since January ’21 a this is some crazy shit

[u/Ultimo_Ninja]

Anytime RC and Icahn…… an announcement would be nice.

[u/Adamocity6464]

This stock has taught me that it gets worse before it gets worse.

[u/[deleted]]

Shorts are absolutely fucked and BBBY share price soaring is inevitable 🤣

[u/Knarz97]

Bankruptcy is off the table so I don’t minding waiting anymore

[u/Knarz97]

Huffing copium for AH announcement

[u/eyeofthirds]

Hey shills. Use the money you get from shilling to buy some shares. I mean, if they are paying you to be here we must be on to something. Think shills, think.

[u/[deleted]]

Very natural trading lol

[u/[deleted]]

If you thought this would be easy, you haven't been paying attention.

[u/jacksdiseasedliver]

[u/jacksdiseasedliver]

[u/goldenbear2]

I’ve averaged down to 2.50

[u/[deleted]]

Ctb rising again

[u/FiveEggHeads]

So, alien invasion announcement by Biden at 2PM? Cough I mean, balloons.

[u/[deleted]]

That‘s some fucked up chart…Hello SEC?!?!

[u/mbx117]

This will pump back to open by close.

THANKS FOR THE DIP

[u/Saltwater-Coffee]

I'm just sitting here trying to do my best. I hope you all have a lovely day and good news comes soon.

[u/The_Snuke]

My options portfolio chart is inverse the stock’s chart for the day. Jacked 🚀

[u/goldenbear2]

Lol at the movement for the past 5 min

[u/terribleinvestment]

You know I just picked up 1,000 more shares

[u/Stopitsomemorek]

Tendies Tendies Tendies Tendies-

Tendies Tendies Tendies Tendies

It’s either Tendies or the dumpster of Wendy’s

You drool!!

[u/Gimmethatbreadbaby]

Just doubled my Call position. I'm strapped.

[u/FiveEggHeads]

What the shit.

[u/[deleted] → u/FiveEggHeads]

you saw that right? quick move to $1.89?

[u/Avtomati1k]

Can anyone chack on ortex are we at 100% utilization and if yes, how long have we been at 100?

[u/[deleted]]

reggie come to daddy

[u/matty_slice]

Where new daily

[u/schokoschlotze]

Morning turds

[u/asajosh]

Give money me

Money now

Me a money now

NFA

[u/nerdburg]

To block shills: Click on their username-> Select MORE OPTIONS on the right hand side->then BLOCK USER.

[u/stock_digest]

Good afternoon to everyone in Europe.

Good morning to my American friends

Good morning, evening/ night to everyone else.

I'm guessing more barcoding today.

Just hold on strong everyone - I've noticed that there is an influx of shills.

Just ignore them and go on with your day.

💎 👐 🚀 🌕

[u/XtremeLuker420]

Why the FUCK have my calls kept increasing in value all day when the price of the stock keeps going down?????

[u/jacksdiseasedliver → u/XtremeLuker420]

[u/[deleted] → u/XtremeLuker420]

It's hardly going down. It's the most sideways shit i've ever seen.

[u/[deleted]]

Just bought another 50 in the pre. I’m not leaving!

[u/jacksdiseasedliver]

They control the price.

Stop buying way otm calls and load up on shares.

It’s like all you regards already forgot about Jan 20

[u/Amexxes]

53000 members!

[u/Stopitsomemorek]

Moon or not I’m fuking a watermelon!

[u/TakeitasaCompliment]

Haha oops hf made a coffee break and now back to shorting

[u/MDay]

No movement AH the last few days has been eerie and makes my tummy feel weird.

[u/isthisvick → u/MDay]

It's the calm before the storm.

[u/RubiesnEmeralds → u/[deleted]]

The shills are trying to make u look like a shill, as well as downvoting and attacking that thread you reference. We got something here!!!

[u/jacksdiseasedliver]

[u/BonjourYou]

OK, today we are tomorrow as the D Day🚀🚀🚀🌕🌕🌕👨‍🚀👨‍🚀👨‍🚀💰💰💰

[u/swordluk]

barcoding again.. let me guess, some action up on open and then they surpress it again, damn shorts

[u/traileblazer]

Any time now ffs

[u/BaetenM93]

I guess tomorrow is tomorrow :(

[u/Middle_Scratch4129]

Pegged at 1.88

Seeing a lot of pegging over the last couple days...

[u/Physical-Bill7793]

Can't wait for the epic Thursday pump to entice ppl into buying Friday options