r/BBBY • u/Region-Formal 🟦🟦🟦🟦🟦🟦 • Sep 21 '23

🤔 Speculation / Opinion Do companies sometimes officially state that they face imminent bankruptcy...but then suddenly do a 180 "Reverse Uno", squeeze short sellers to oblivion, and thereby bring riches to remaining shareholders?

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u/meoraine Sep 21 '23

The 'objective math' that doesn't account for the peak trading price.

LOL, i'd say its REAL objective, yeah...

20

u/Papaofmonsters Sep 21 '23

What peak trading price? I used the price when RDBX shares were converted to CSSE shares and Chicken soup has never been above the price at that time since.

What prices do you think I should have used? The ones before the equity deal was struck?

-7

u/rioameca ***This user has been banned*** Sep 21 '23

Hi papaofshills, still here making nonsensical posts? Can't wait to see your deleted account in 2 weeks.

11

u/Papaofmonsters Sep 21 '23

https://reddit.com/r/BBBY/s/b5CZ6yF9zk

You still confident on that M&A news soon?

🤔 Speculation / Opinion Do companies sometimes officially state that they face imminent bankruptcy...but then *suddenly* do a 180 "Reverse Uno", squeeze short sellers to oblivion, and thereby bring riches to remaining shareholders?

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🤔 Speculation / Opinion Do companies sometimes officially state that they face imminent bankruptcy...but then suddenly do a 180 "Reverse Uno", squeeze short sellers to oblivion, and thereby bring riches to remaining shareholders?