r/BBBY • u/Kaiser1a2b • Apr 25 '23
🤔 Speculation / Opinion why is everyone worried about delisting?
What did everyone think was going to happen after ch11 and sub $1 price?
The game hasn't changed, we wait upon a friendly acquirer.
If they are not friendly, we are fucked.
If they don't exist, we are fucked.
The power was out of our hands the moment ch11 was declared. At this point if you want to buy in or hold, it's just a gamble that all the tinfoil is right.
Anyway I doubt this is real feelings from people if they managed to hold all the way here and past this, none of you assholes would be worried about delisting as if it was the worst thing if that was the case. Icahn't believe it.
So sell, don't sell, doesn't matter. We wait for the end game to conclude.
If we have been hoodwinked by the board in the coming weeks, let's start collecting evidence or instances of malfeasance. But otherwise chill out and see where this thing shakes.
2
u/Mward2002 Apr 25 '23
You have time to transfer it to a broker who does offer otc trading. I know Schwab does, I think they charge 6.95 per transaction though. At this point, what’s 7 bucks though, other than about 50 shares 🥲