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jimboston wrote:When’s the last time you were in a BBB store?
jimboston wrote:https://www.cnbc.com/2022/08/18/activist-investor-ryan-cohen-completes-planned-sale-of-bed-bath-beyond-stake.html
Good thing all you retail investors did your short squeeze!
Made Cohen a cool $59 million. Nice! Success!
ConfederateSS wrote: Vote for Kamala
mookiemcgee wrote:jimboston wrote:https://www.cnbc.com/2022/08/18/activist-investor-ryan-cohen-completes-planned-sale-of-bed-bath-beyond-stake.html
Good thing all you retail investors did your short squeeze!
Made Cohen a cool $59 million. Nice! Success!
Much wow, great success!
jimboston wrote:mookiemcgee wrote:jimboston wrote:https://www.cnbc.com/2022/08/18/activist-investor-ryan-cohen-completes-planned-sale-of-bed-bath-beyond-stake.html
Good thing all you retail investors did your short squeeze!
Made Cohen a cool $59 million. Nice! Success!
Much wow, great success!
Yeah… success for Cohen.
Now he’s divested himself from the company and it’s in an even worse position than before.
ConfederateSS wrote: Vote for Kamala
Bed Bath is one of the public companies swept up in the so-called “meme trade,” which sees stocks experience wild price swings based on social media hype among retail investors. In August, Bed Bath had multiple days with price moves of more than 20%.
In mid-August, activist investor Ryan Cohen, a major Bed Bath shareholder, exited his position. Cohen’s RC Ventures sold its Bed Bath holdings at a range of prices between $18.68 per share and $29.22 per share. After the sale, the stock plummeted 40%.
Bed Bath also faces a class action lawsuit recently filed in the District of Columbia, accusing it of misrepresenting its value and profitability. Arnal is named in the suit, as is Cohen.
jimboston wrote:What’s BBBY priced at today?
Under $9.
Oh yeah…interesting the CFO committed suicide…
https://www.cnbc.com/2022/09/04/bed-bat ... -says.html
Nothing to see here… BBBY is still a great investment!Bed Bath is one of the public companies swept up in the so-called “meme trade,” which sees stocks experience wild price swings based on social media hype among retail investors. In August, Bed Bath had multiple days with price moves of more than 20%.
In mid-August, activist investor Ryan Cohen, a major Bed Bath shareholder, exited his position. Cohen’s RC Ventures sold its Bed Bath holdings at a range of prices between $18.68 per share and $29.22 per share. After the sale, the stock plummeted 40%.
Bed Bath also faces a class action lawsuit recently filed in the District of Columbia, accusing it of misrepresenting its value and profitability. Arnal is named in the suit, as is Cohen.
ConfederateSS wrote: Vote for Kamala
mookiemcgee wrote:jimboston wrote:What’s BBBY priced at today?
Under $9.
Oh yeah…interesting the CFO committed suicide…
https://www.cnbc.com/2022/09/04/bed-bat ... -says.html
Nothing to see here… BBBY is still a great investment!Bed Bath is one of the public companies swept up in the so-called “meme trade,” which sees stocks experience wild price swings based on social media hype among retail investors. In August, Bed Bath had multiple days with price moves of more than 20%.
In mid-August, activist investor Ryan Cohen, a major Bed Bath shareholder, exited his position. Cohen’s RC Ventures sold its Bed Bath holdings at a range of prices between $18.68 per share and $29.22 per share. After the sale, the stock plummeted 40%.
Bed Bath also faces a class action lawsuit recently filed in the District of Columbia, accusing it of misrepresenting its value and profitability. Arnal is named in the suit, as is Cohen.
Markets are closed today Jim, it's probably opening lower since markets haven't reacted to the suicide (or was he pushed?) news. I bought it at $6 and sold it all at $20+. When papa cohen bailed the writing was on the wall.
It's ok for BBBY though they already secured 400m in financing and plan to issue new shares. Company will survive but short squeeze play ended over a week ago.
ConfederateSS wrote: Vote for Kamala
jimboston wrote:Very specific… Papa Cohen feeding you some inside info?
ConfederateSS wrote: Vote for Kamala
jimboston wrote:GME struggling… but still higher than I predicted…
https://www.investors.com/etfs-and-fund ... -nov-2022/
About $26 so that would make the pre-split price just over $100.
So still we’ll over the $20 pre-split value.
I need it to get below $10 to claim victory.
Or just go bankrupt.
ConfederateSS wrote: Vote for Kamala
jimboston wrote:BBBY is still in the shitter… $2.98
https://www.wsj.com/articles/bed-bath-b ... 1669240526
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GME is on a slow decline… today is shows $20.80.
https://www.thestreet.com/memestocks/gm ... s-the-plan
ConfederateSS wrote: Vote for Kamala
mookiemcgee wrote:jimboston wrote:BBBY is still in the shitter… $2.98
https://www.wsj.com/articles/bed-bath-b ... 1669240526
—-
GME is on a slow decline… today is shows $20.80.
https://www.thestreet.com/memestocks/gm ... s-the-plan
GM Jim, how is your wife's boyfriend?
GME $30, up 70% today, tendies back on the menu boys
Votanic wrote:mookiemcgee wrote:jimboston wrote:BBBY is still in the shitter… $2.98
https://www.wsj.com/articles/bed-bath-b ... 1669240526
—-
GME is on a slow decline… today is shows $20.80.
https://www.thestreet.com/memestocks/gm ... s-the-plan
GM Jim, how is your wife's boyfriend?
GME $30, up 70% today, tendies back on the menu boys
mooks, is the joke being made here that you are really Jimbo's wife's boyfriend?
...or maybe Jimbo's wife?
ConfederateSS wrote: Vote for Kamala
mookiemcgee wrote:Votanic wrote:mookiemcgee wrote:jimboston wrote:BBBY is still in the shitter… $2.98
https://www.wsj.com/articles/bed-bath-b ... 1669240526
—-
GME is on a slow decline… today is shows $20.80.
https://www.thestreet.com/memestocks/gm ... s-the-plan
GM Jim, how is your wife's boyfriend?
GME $30, up 70% today, tendies back on the menu boys
mooks, is the joke being made here that you are really Jimbo's wife's boyfriend?
...or maybe Jimbo's wife?
no.
I'm not sure i could nutshell it very well, you probably have to go back and read through the whole thread. Even then it might not make sense. sorry, not sorry.
ConfederateSS wrote: Vote for Kamala
mookiemcgee wrote:Got busy, it started as a stupid debate over if the McDonalds monopoly game being exploited by a 3rd party fit the def of the game being 'rigged'. Jim predictably took the side of the large corporation in the stupid debate. It then evolved into me talking too much about the early Jan 2021 events around GME going parabolic and Jim once again took the side of hedge funds and corporation and blamed average americans for buying shares of GME and warned them they would get burned. At one point he hinted his wife wore the financial pants in their relationship and may work in corporate finance or adjacent so he knew more about what was going on then other did. I spent way too much time debating that he had no clue what was going on and that reading marketwatch articles written and paid for by hedge funds might not be the best source for unbiased information about what was going on and repeatedly called him a cuckold and that his wife probably had lots of hedge fund boyfriends and even if GME went to zero and I had to go back to giving handjobs behind the wendy's dumpster to make ends meet at least my wife wouldn't be having a train run on her by hedge fund managers (or something along those lines i can't really recall it was like 3 years ago). He didn't seem to appreciate this reference so I kept repeating it for years any time he posted about GME doing poorly.
mookiemcgee wrote:Got busy, it started as a stupid debate over if the McDonalds monopoly game being exploited by a 3rd party fit the def of the game being 'rigged'. Jim predictably took the side of the large corporation in the stupid debate. It then evolved into me talking too much about the early Jan 2021 events around GME going parabolic and Jim once again took the side of hedge funds and corporation and blamed average americans for buying shares of GME and warned them they would get burned. At one point he hinted his wife wore the financial pants in their relationship and may work in corporate finance or adjacent so he knew more about what was going on then other did. I spent way too much time debating that he had no clue what was going on and that reading marketwatch articles written and paid for by hedge funds might not be the best source for unbiased information about what was going on and repeatedly called him a cuckold and that his wife probably had lots of hedge fund boyfriends and even if GME went to zero and I had to go back to giving handjobs behind the wendy's dumpster to make ends meet at least my wife wouldn't be having a train run on her by hedge fund managers (or something along those lines i can't really recall it was like 3 years ago). He didn't seem to appreciate this reference so I kept repeating it for years any time he posted about GME doing poorly.
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