$Bed Bath & Beyond Inc (BBBY.US)$ was a trifecta of horrible...
$Bed Bath & Beyond Inc (BBBY.US)$ was a trifecta of horrible surprise for me. It defied all logic and trends, performed heinously opposite to the majority of people's guesses and speculations, and was overall the biggest confusing failure I've endured so far trading. I'm not even sure what lesson I learned, as none of what happened made a lot of sense to me. they were bailed out with hundreds of millions of dollars. had a huge amount of people buying the stock, and had mitigations in place for it to fall below a (what ended up being a never ending movable) set safety net. Why they kept increasing the amount of shares? no idea. why the dip never stopped dipping? not quite sure. If anything, what I learned is that in the trading world/stock exchange, companies can somehow get away with bending rules, manipulating prices in mind boggling ways , and ultimately the people playing with millions will make their money. seems to be generally at the expense of the investor or worse, the little guy or the employees. what they did seemed heartless and cold and left a lot of people scratching their heads. also it looks like their company is about to go belly up, so I really feel bad for the employees.
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Himanshu : Well said
RTZBB : ribbit