Transaction Reminder [Transaction notice] 5,000 shares $Bed ...
$Bed Bath & Beyond Inc(BBBY.US$ Transaction Reminder
[Transaction notice] 5,000 shares $Bed Bath & Beyond Inc(BBBY.US)$ were bought at 2.680, this order has been completed, 02/08/2023 23:30:37(SGT). [moomoo Singapore]
[Transaction notice] 5,000 shares $Bed Bath & Beyond Inc(BBBY.US)$ were bought at 2.680, this order has been completed, 02/08/2023 23:30:37(SGT). [moomoo Singapore]
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Matthew D : Wife
Skye7171 : sooo uhh how’s it going now
Skye7171 : I’d have a tight stop loss if I were you unless there are more big shorts ready to close this is going to 0 soon.
BAG FINDER GENERAL Skye7171 : Why is it going to 0. The company ISN'T going bankrupt so why would it go to 0? Illegal naked shorting, is that the answer?
Skye7171 BAG FINDER GENERAL : The company is dying; their last sales data was not good + their stock is down an exorbitant amount since the past year or two; their strategical/tactical plan will not suffice in current conditions when companies like Amazon are having a more difficult time netting their usual amount of profit (high). Don’t get me wrong, Amazon will stay (and will always profit), but stuff will start slowing down from their usuals. Personally I don’t see BBBY long term; They just sell overpriced retail items IMO. However it could definitely squeeze if there are big shorts willing to close soon. Regardless, best of luck on your investment.
BAG FINDER GENERAL Skye7171 : Yes that's great I know all that but you said the company is going to 0.
That's not technically possible WITHOUT GOING BANKRUPT or NAKED ILLEGAL SHORTING.
Of course long term its not good but people are here for the squeeze not the long term
Skye7171 BAG FINDER GENERAL : Well I’m assuming that it’s going bankrupt in the near future; if you’re trying to swing it in hope of a squeeze I’d say go for it but just set a good base for a stop loss in case things go south. I agree that it’s not good long term though