Retail Can Still Squeeze BBBY
$Bed Bath & Beyond Inc(BBBY.US$ The shares RC sold were completed on Tuesday and Wednesday, not today, which did not effect todays stock price. The drastic drop in after hours was due to retail listening to the media and selling their shares out of fear. There are no more shares to short and short interest is now 53%. No shorts have covered, only increased their position. Reg sho is next week too. Retail was squeezing this a day ago and still has the power to squeeze it now. Don’t listen to the media and research the facts instead. This can still squeeze.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Steak Eater : Bro, you can't short squeeze without momentum, RC exit without any communication destroyed the momentum completely. His actions also caused FUD in the gme community. Tread with caution mi comrade.
razo2 Steak Eater : I don't think he has given up. if you see form 8-k it says alot
Monkeyballism razo2 : you are retarded. the 8k filing you keep bringing up is a comment from BBBY, not RC
fish razo2 : You are a bag holder lol it’s ok happens to the best of them
helpful Monkey_4593 OP : I think momentum can build as quickly as it is squashed. RC may have sold, but it doesn’t mean he doesn’t plan to help their company still. He is a venture capitalist and it is his job to get a business back on their feet again. He has a proven track record of this already. Their are plenty other whales out there that buy and sell millions of shares, but this doesn’t always kill momentum on any other stock. The media puts out any kind of FUD they can especially on meme stocks. We have seen it time and time again with GME and AMC. This stock is no different. This time they chose RC to be the fall guy to get ratings. It doesn’t matter that he sold. BBBY has a great setup and if people are smart they will see through all the FUD and know this is a great trade.