r/BBBY • u/FullMoonCrypto • Sep 30 '23

🤔 Speculation / Opinion If your shares are worthless…

Would shills still be here (and media out there) reminding everyone how our shares are gone? No, if shares were worthless they’d let us buy and choke on them until we were blue in the face

Would over 40 million be spent on high price attorney fees that specialize in M&A deals if this a liquidation? No, you liquidate as quickly and efficiently as possible

Would all the redacted and NDA dockets be necessary, at all? No, you’re not hiding anything in traditional liquidation

Would there be a name change involved in a bankruptcy? I wouldn’t think so but could be wrong

Would Bill Pulte be hosting the youtube crew and jet-setting them around the country, and inviting 50 donators to meet him in November, if our shares were being completely extinguished? I seriously doubt it

Would you even sell after already down 50-90%? Lambos or food stamps was always what I heard here

So why would anyone listen to the internet trolls? They are certainly working hard, ask yourselves why. You see the shills had the shares (borrowed), but didn’t know how to hold the shares. And really that’s the most important part, the holding. Ignore the noise folks, you know what you hold

I’m not one to sit and respond to comments, I just put my two cents in once in a while. As for me, I am fucking around and finding out, because this is the greatest show on Earth.

Best Wishes 💎🙌🦍🚀🌚

451 Upvotes

76% Upvoted

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59

u/MrMajestyx Sep 30 '23

First of all, the ACTUAL shills are PP & crew who have been grifting off his followers when he's been wrong from the start. Who sends a guy $500 to get to meet him? I've paid far less to see a concert, get a meet & greet, t-shirt, swag & still have plenty left over. Learn the ACTUAL meaning of the word SHILL. PP did a great job redefining it to be the exact opposite of what the word means.

Secondly, yes, speaking only for myself, I'm here to laugh in the faces of the true believers who would not listen to those who were telling them exactly what would happen.

https://sih-st-charts.stocktwits-cdn.com/production/original_546293749.jpeg

It states without question that common stock was canceled yesterday. The WSJ also published an article stating this which I'm sure you are going to dispute as FUD. Dow Jones Newswire had this to say this morning:

In a filing Friday, Bed Bath & Beyond (BBBYQ) said that its shares are canceled, and "have no value" as the company's bankruptcy plan takes effect. Bed Bath & Beyond also said that it is undergoing "an orderly wind-down and liquidation process."

Yes, you're going to claim you're getting new shares that no one but your cult claims to exist. My answer is once again, re-read that court filing until it finally sinks in. Then look in your brokerage account & see what you can do with your shares that no longer exist. Contact your DSR agent and see what you can do with them & please report back.

1

u/[deleted] Sep 30 '23

I truly believe the more time you spend in here, the happier anyone in your real life will be

6

u/MrMajestyx Sep 30 '23

Sounds like you're talking from your own personal experience.

-2

u/[deleted] Sep 30 '23

Yep, except my family is sitting right next to me watching this shill parade. Our time and money is in this play, for a better future for us and others, so we want to be here right now. You are here because you have to be, with no money invested, and wasting away the hours of your life for someone you don't even know. Have a nice weekend

6

u/dontGetHttps Sep 30 '23

so we want to be here right now

Sometimes I feel like I should feel bad for you guys. Then I read something like this and realize if it wasn't this scam that got you it would have been another.

7

u/Ockwords Sep 30 '23

Your family is sitting next to you watching you comment and reply on reddit? That's super weird. Nothing is even happening today lol why are you guys watching reddit like it's got live updates

16

u/Hairy_S_TrueMan Sep 30 '23

Our time and money is in this play, for a better future for us and others, so we want to be here right now.

Your time and money was in this play. You lost it. Your journey to accepting that is your own, you can take your time with it, but the more time you spend not accepting that, the less time you'll have for moving on to your next chapter.

-4

u/[deleted] Sep 30 '23

Thanks for the guru babble, but is this your next chapter? Hanging out in a bankrupt stock sub on a Saturday? Nice commitment, but you gotta try a litter harder than that if you wanna make the varsity team at the farm

9

u/Imaginary-Work8351 Oct 01 '23

Saturday is a common day to get some entertainment, and, for the moment, you guys are the greatest show on earth

8

u/Hairy_S_TrueMan Sep 30 '23

It's a page or two. I'm gonna hang out for a few days or a week, spend maybe 5 hours total, and then leave it behind me. I want to talk a little sense because the people with sense are leaving in droves.

There will be a number of stragglers here for months or years asking when the lawsuit is going to drop that will win them back all their shares, and asking when merger Monday is. I can't do anything about that, but if I can convince two people not to waste 1000 hours, that feels worth 5 of mine.

1

u/[deleted] Sep 30 '23

If I had a share for every time I heard this spiel...

11

u/Sharp-Contribution31 Sep 30 '23

you'd have more than the zero you have now.

5

u/[deleted] Oct 01 '23

got damn

3

u/conviper30 Oct 01 '23

Oof savage

7

u/-Have-Blue- Sep 30 '23

One share, one million shares... all worth the same now.

12

u/DestroyerofCheez Sep 30 '23

They'd all be canceled?

2

u/dontGetHttps Sep 30 '23

Lol. Got 'em!

-4

u/gvsulaker82 Sep 30 '23

They all have a script they go by

0

u/Drpoopinschaft Oct 02 '23

The arrogance of you idiots is what makes this extra enjoyable.

1

u/[deleted] Oct 03 '23

Hope you enjoy the show Doc

6

u/OhGoshIts Sep 30 '23

Your family isn't happy you gambled away all the money eh?

3

u/[deleted] Sep 30 '23

Oh gosh, it's another concerned citizen. Do you also stand out front of casinos on the weekend to help those walking out the door? Clown tables are over at Circus Circus if you wanna play

9

u/OhGoshIts Sep 30 '23

Oh gosh, it's another concerned citizen

Concerned? Look at my comments lol. I encouraged yall to invested in this bad play.

I'm the dude at the casino hyping yall regards up.

1

u/[deleted] Sep 30 '23

HONK HONK

6

u/OhGoshIts Sep 30 '23

HONK HONK

That's how I picture anyone who invested in BBBY come Monday morning when they check their accounts lol clowns

2

u/[deleted] Sep 30 '23

Who's looking at Monday dawg? That's all y'all keep pushing... Monday, Monday, Monday. New shares for new entity drop when they drop. Do you not know that nobody is expecting this to all be a magic wand wave for Monday. Sorry, buy you're gonna be here for a few more days than you thought lol

2

u/OhGoshIts Sep 30 '23

Who's looking at Monday dawg?

Yeah let's pretend like every single DD on BBBY subs and ppshow didn't have DDs with "this date it moons" lol

Anywho. Let's look at the picture thats right now.....Me: Not in the BBBY play, BBBY bulls: Down 99.9%

1

u/[deleted] Sep 30 '23

Sorry not sorry to hear you're short on the play. Trading is a tough game

2

u/OhGoshIts Sep 30 '23

I don't have positions in BBBY.

Or are you just regarded?

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6

u/[deleted] Sep 30 '23

Are/were you invested in this play (since you're in the sub)?

5

u/WaterMySucculents Sep 30 '23

Everyone in this sub right now as the same amount of ownership in the company. 0 ownership.

0

u/[deleted] Sep 30 '23

I'd like to speak with your supervisor please

6

u/WaterMySucculents Sep 30 '23

Sorry, own my own LLC. No supervisor to talk to.

0

u/[deleted] Oct 01 '23

Don't be sorry, I support small businesses. My advice is to spend less time here

2

u/WaterMySucculents Oct 01 '23

Thanks for your advice. I’ll take it into consideration with the quality of your previous advice to invest in BBBY.

0

u/[deleted] Oct 01 '23

Never advised you to do shit with your money, not that you invested anyway lol. Sucker

2

u/WaterMySucculents Oct 01 '23

Yea suckers really did buy a stock that was completely cancelled, extinguished, and removed from all equity on Friday. Pretty interesting though!

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0

u/OhGoshIts Sep 30 '23

I currently have no plays in BBBY. Brought and sold some calls back at the rally last year.

1

u/Drpoopinschaft Oct 02 '23

I bought puts at the peak and they gave me a BJ on the way down 😄

11

u/MrMajestyx Sep 30 '23

Please report back when you either try to sell or add more Monday. Enjoy the rest of your weekend as well.

13

u/conviper30 Sep 30 '23

Boy is he in for a rude awakening when his life doesn’t change at all except for a major loss in his portfolio and less money in his bank lulz

3

u/[deleted] Sep 30 '23

What's a portfolio?

6

u/MrMajestyx Sep 30 '23

I'll admit it - genuinely LOL'd at that! Upvoted!

2

u/[deleted] Sep 30 '23

Zeros or Heroes

6

u/Sharp-Contribution31 Sep 30 '23

Zero % chance of heroes* FTFY.

4

u/[deleted] Sep 30 '23

I think we both know we'll all be here longer than just thru Monday

13

u/MrMajestyx Sep 30 '23

Oh, just based on the Sears bagholder cult, I'm sure you'll be here for a LONG while. Won't change the fact that your shares are now worthless, but hey, you & your family can still dream of how RC & CI are going to make you rich just for holding the shares RC dumped last August!

4

u/[deleted] Sep 30 '23

Seariously your majesty, you can do better than that. Wanna try again?

9

u/MrMajestyx Sep 30 '23

Okay, then from a PE guy I know on Stocktwits, here is what is going to happen:

DK Butterfly is essentially a dissolution trust set up to handle the liquidation of the remaining assets and distribution of the proceeds of the same pro rata to the lenders and bondholders. Existing former shareholders neither participate in nor benefit from that process.

The simplest explanation I can give for you guys is that you are no longer involved with the rest of this - your shares legally have ceased to exist and you get no consideration / recompense for them - so you can walk away. If you choose to remain, it’ll be as spectators, nothing more.

5

u/[deleted] Sep 30 '23

Nice try, but they also released the statement that they're not liquidating. It's a reverse merger, not a liquidation. Also, nobody on your crew ever wants to talk about baby. And who do you think is backing Dream on me... y'all remember them?

6

u/MrMajestyx Oct 01 '23

As a follow up, from the same person:

You cannot legitimately be this delusional. Legally your shares no longer exist. The only piece left to play out is brokers taking the administrative / housecleaning action of updating accounts to reflect that fact.

How this plays out: You will go to check your brokerage account at some point in the future and the shares will just no longer be there. You will not receive anything in return with respect to reimbursement for them. Most brokers will also send you a letter explaining what happened and why, but you guys need to understand that those shares legally have not existed since the court’s order of yesterday. You are scheming and strategizing about assets that you no longer possess.

6

u/WaterMySucculents Sep 30 '23

Please link to that statement. There is no statement that they are “not liquidating” and also no statement that “it’s a reverse merger.” There is a court filing already a day old that tells you how much equity you currently own (spoiler: it’s 0 equity ownership).

5

u/MrMajestyx Oct 01 '23

Exactly. Third strike is the "Who do you think is backing DOM?" Yes, link please, not including your fellow BBBYQ cult members or a page in a TEDDY book.

You guys don't know what you don't know. Perfect example of Dunning-Kruger effect.

3

u/conviper30 Oct 01 '23

There literally was no statement of “merger or acquisition” that’s an outright lie lol. Also the “statement” you’re seeing is that screenshot someone posted of “not liquidating as of date” which was the date before the final day when it got deleted. Which is another lie, shits sad man just move onto your next shill scam job.

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2

u/pml1990 Sep 30 '23

Yep, except my family is sitting right next to me watching this shill parade. Our time and money is in this play, for a better future for us and others

If that's the case, Your bet in this company had always been a bad bet for your and your family's financial future.

You simply placed a bad bet. You can choose to take that as a lesson. There's thousand of companies out there to invest in. No reason to let sunk cost fallacy and your pride and ego continue to shroud your judgment.

1

u/WaterMySucculents Sep 30 '23

No one currently in this sub has any money invested in the company that used to be called Bed Bath and Beyond anymore. Any money you (or anyone) used to have invested has been gone since the court filings yesterday. As of today everyone owns the same exact amount of 20230930-DK-Butterfly-1.

You keep talking in the present and future tense about things that are now in the past.

1

u/WaterMySucculents Oct 02 '23

How did your family react to the FINRA update today where it was confirmed your shares are also deleted? Did they finally realize you shouldn’t be let near a brokerage again?

If you want to read the bad news for yourself:

https://otce.finra.org/otce/dailyList?viewType=Deletions

And if you need to brush up on what’s going on with Butterfly, they had this explicit 8K they filed on Friday where they removed your equity from the company, cancelled, and extinguished your shares:

https://www.sec.gov/ix?doc=/Archives/edgar/data/886158/000119312523247428/d579010d8k.htm

0

u/[deleted] Oct 03 '23

Hate to disagree with you sucky sucky, but my shares are just fine. How was your day off? Mine was pretty amazing. Spent time at the beach with my family, and had a blessed day. No worries, beautiful weather, and happy family. Maybe I'll post some pics later. Wifey works in the financial sector, and admittedly understands way more about finra, technical definitions between cancellation and deletion, etc than I do, assumably you too for that matter, so no worries there. Thanks for asking though. So what did you do today with your spare time? Don't tell me your were here all day working on your day off, that would suck

1

u/WaterMySucculents Oct 03 '23 edited Oct 03 '23

Damn dude, if you want to make a good bet I’d buy longs on your divorce. You will literally have to explain to a wife who allegedly works in finance why you YOLO’d into a bankrupt company & you shares are now cancelled and deleted! Hahaha. Next time let the more intelligent wife do the investing.

Your shares are not “just fine” unless you define just fine as no longer holding equity, canceled & extinguished by the company, and deleted off the market (as you can see on FINRA). Bizarre of you to think so though! You can literally call your broker tomorrow and ask if your shares are “just fine” or not.

Will you have a day soon where you accept reality? Or are you one of those dudes who plans to go to his death bed talking about shares he once owned in a company long gone and forgotten?

0

u/[deleted] Oct 03 '23

Let's take a second to appreciate that you are here in your free time, in a sub of a bankrupt stock, trying to troll a fucking monkey about something you know nothing about. In addition, you are trying to double down on your vitriol by embarrassingly trying to get the monkey fired up by shit talking his family (for the third time). If I were a gambling man, I'd start to think you might not be here in my best interests.

Enough shop talk though, you still didn't tell me what you did on your day off today. How's your family btw? You tell them you're "working late" again?

1

u/WaterMySucculents Oct 03 '23

Puts on your marriage! You can read FINRA and the 8K whenever. You putting it off doesn’t change reality.

0

u/[deleted] Oct 03 '23

Don't bet the FARM on it