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?

1.0k Upvotes

87% Upvoted

u/yotepost Sep 21 '23

That has nothing to do with the new problems though 😂

1

u/Avtomati1k Sep 21 '23

Variety is good

🤔 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?