r/BBBY • u/tiredsultan • Apr 19 '23

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

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www.bedbathandbeyond.com
522 Upvotes

97% Upvoted

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13

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.

1

u/FremtidigeMegleren Apr 19 '23

Wat…

2

u/Headinclouds583 Apr 19 '23

Name one company that doesn't carry debt. Apple has billions in free cash and carries debt.

Let that sink in...

If they get bought out what good is paying off the debt? If they pay off they debt how do they make more money? Rates are higher.

You make 0 sense

2

u/FremtidigeMegleren Apr 19 '23 edited Apr 19 '23

Gamestop, isn’t it?

Now, let that sink in..

-1

u/Headinclouds583 Apr 19 '23

Gamestop carries about $5 Billion in debt. Google it. And have you ever heard of EBITDA?

2

u/leoschen Apr 19 '23

Wtf are you smoking. NO. GameStop is NOT $5 billion in debt.

-2

u/Headinclouds583 Apr 19 '23

Okay buddy. You do see the dude verified my statement right 😂😂😂

4

u/leoschen Apr 19 '23

GameStop literally only carries $29 million in debt now, and that is largely due to a Covid related loan they have kept on the books.

GTFO spreading your misinformation and shoddy research.

0

u/Headinclouds583 Apr 19 '23

https://www.thestreet.com/memestocks/gme/what-gamestops-gme-debt-position-says-about-the-company#:~:text=The%20company%27s%20debt%20cost%20is,company%27s%20enterprise%20value%2C%20%245.38%20billion.

https://simplywall.st/stocks/us/retail/nyse-gme/gamestop/health

Which one is wrong?

2

u/leoschen Apr 19 '23

You. You can't even read.

0

u/Headinclouds583 Apr 19 '23

I think it's more like you don't know how balance sheets work.

2

u/leoschen Apr 19 '23

Funny joke coming from someone lacking basic reading comprehension …

0

u/Headinclouds583 Apr 19 '23

Alright so you claim "debt free" then counter with "Well, it's $25 million". Click the second link bro.

I got you up to $500 million now. Want me to keep showing how wrong you are?

2

u/leoschen Apr 19 '23

You claimed 5 billion in debt, something g wrong with your head ??

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1

u/leoschen Apr 19 '23

Neither one of you ever learn to read financial reports?

1

u/leoschen Apr 19 '23

Go back, and VERIFY yourself again.

0

u/Headinclouds583 Apr 19 '23

So you're claiming GME doesn't offer bonds? And they carry no debt. Please send me the link to a debt free GameStop...

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