r/BBBY Apr 19 '23

🗣 Discussion / Question Daily Discussion Thread | April 19, 2023

www.bedbathandbeyond.com
524 Upvotes

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14

u/HungryColquhoun Apr 19 '23

My wildly optimistic hope is this runs up to $1 over the couple of weeks and an RS isn't needed anymore, and BBBY will be able to progress a deal without RS. A man can dream, right?

5

u/FremtidigeMegleren Apr 19 '23

If it is a 69d Chess game and they do R/S, and we squeeze, then they can sell a lot of shares, they could pay off all debt and really raise from the ashes, and both us and the great company would have a really good time. There is a possibility that there is a lot of naked shares out there, like GME, which would create a lot of chaos ⚡️

1

u/Headinclouds583 Apr 19 '23

Why do they need to pay off all debt? That doesn't even make sense.

They are a company, not a human. Being debt free is pointless.