Bankruptcy
Ok it seems like every other person is saying that bbby is on for bankruptcy. Well i did some DD and all its saying online is… THEY were saved from bankruptcy by a $225 million dollar equity offering. And it ended by saying they closed a ass load of stores to consolidate but bankruptcy is OFF the table. So who knows what to believe
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LeroyFerguson : that's the first step of a few but I did see something about that as well
TheWhiteCrow OP LeroyFerguson : Yup. But I’m new to trading and this all has my head spinning. One thing says one thing and another says something different. But here is a screen shot of what I seen
102374353 : You can get on Reddit BBBY thread. Then you will see why people are holding the stock, and believe something big is coming. However, do note that everything is speculation.
TheWhiteCrow OP 102374353 : Excellent thank you I’ll check it out.
Doug Saddler TheWhiteCrow OP : I'd also recommend that subreddit. It can be a bit of an echo chamber at times. Remember that this is a highly manipulated stock, so of course the hedge fund influenced media is going to spin it in their favor and report risk of bankruptcy.
M1ke1229 : I just keep buying more
TheWhiteCrow OP Doug Saddler : Hey Zesty, thanks again for the input. As you know I’ve only been trading a few months so I’m just learning how corrupt shit can be. Being new and trying to listen to all the hype and have to differentiate between the truth and lies is a job in itself.