There is virtually no upside to holding bbby
$Bed Bath & Beyond Inc (BBBY.US)$ BBBY’s only chance of survival is to raise more cash via share offerings, which means existing investors will get diluted even further.
The alternative is that the share offering fails, and bbby files for bankruptcy. This obviously means a 100% loss for any shareholders.
If you are still holding on to bbby, just know that you are gambling with absolutely terrible odds. The likelihood of you recouping your original investment is near zero. All you can really do now is to minimise your losses, and maybe learn not to invest in meme stocks in future.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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I do not give stock recommendations. Please stop asking.
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Alvinnnnnnngenius : Agreed
DJ MOOSE GETS FUNKY : I disagree
RIPPER : Say that in an hour
RIPPER : Notice the 1 min chart has followed pattern from August to current ?
RIPPER : This will rip at some point,…not gonna give time
RIPPER : Guaranteed tough word to use……but I……
Ken Griffin Charity OP RIPPER : I’m getting tired of this weird astrology amateur technical analysis used by people who have no idea what’s going on. If you want to look at your charts even after the recent bleak SEC filing, that’s up to you. Just know that when you lose everything, you were warned beforehand
RIPPER : Clown
Shroomie : how much will it rip? ripper bought in at .65 I think lol
Ken Griffin Charity OP Shroomie : Obviously didn’t rip after the hour, so he just blocked me to save himself from embarrassment. Not surprising
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