BBBY to mortgage Buy Buy Baby for 375m cash loan
Company management at $Bed Bath & Beyond Inc(BBBY.US$ is in exclusive talks with Sixth Street Partners for a new line of credit of around $375 million, which would be backed by assets including the baby brand. Buybuy Baby brand, valued at 1 billion, will be mortgaged in an urgent effort to raise cash. The loan isn’t final and could change.
If the deal goes through it will buy BBBY some time. If a short squeeze were to happen during this period, BBBY could even raise capital by issuing more shares, just like how $GameStop(GME.US$ and $AMC Entertainment(AMC.US$ did to stregthen their balance sheet![]()
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source: Bed Bath & Beyond’s Grasp for Cash Puts Baby Brand on the Line
If the deal goes through it will buy BBBY some time. If a short squeeze were to happen during this period, BBBY could even raise capital by issuing more shares, just like how $GameStop(GME.US$ and $AMC Entertainment(AMC.US$ did to stregthen their balance sheet
source: Bed Bath & Beyond’s Grasp for Cash Puts Baby Brand on the Line
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Questionable Invts : Stock is pump & dump play that's all. options are same. AMC on other hand will run back $18
doctorpot1OP Questionable Invts: Depends on how meme this can be hahaha AMC and GME used to be in similar state but manage to turn around thanks to apes.
so long BBBY can keep running, there is so much IV and tetha that can be squeezed
Billy Badass doctorpot1OP: bbby is the play of the day it leads amc gme in gains ha ha. the other 2 lost over 1/2 its fomo momentum crowd and the ones left are deaming of moass or holding a heavy bag
BAG FINDER GENERAL Billy Badass: You're talking utter rubbish. AMC is FUNDAMENTALLY a much better stock than bbby
doctorpot1OP Billy Badass: hahahaha seems like apes are divided into 3 camps now, AMC camp, BBBY camp and GME camp. what happened to unity
Billy Badass BAG FINDER GENERAL: thats not saying much you understand ha ha alot of holding apes are new to the market and honestly it any amc gme or ape do actually have an aggressive squeeze to a few hundred the apes will cheer we are going to $1000 then hold the bag all the way back down to where we are. those plays are drama traps but a few smart people are making a lot on them but its not the apes.
BAG FINDER GENERAL doctorpot1OP: The main play is AMC. BBBY is a day trading stock. Get in and out. Wait fro the pump and get out before the dump. If AMC use APE correctly then they can dilute it at certain times to pay off the company debt. BBBY has absolutely no future and no one is going to save them. Unless Ryan Cohen buys back in the company is done.
BAG FINDER GENERAL Billy Badass: Sorry but you haven't got a clue what you're talking about. If AMC dilute APE smartly then they can pay off the debt thus trapping shorts and leading to a much bigger squeeze than either GME OR BBBY. BBBY may have a small squeeze to about 40 IF BUYERS GET BACK IN. However volume has dropped again and fomo has seemingly disappeared. BBBY has no fundamentals, no way of clearing their debt and they are hemorrhaging money. The company has no future and they can't even pay for the products they are trying to sell. I'll give BBBY 6 months before its finished
Billy Badass BAG FINDER GENERAL: I agree with you points on bbby. i can also see you are and amc and ape cheerleader though and wish you the best of luck.
doctorpot1OP BAG FINDER GENERAL: hmmm there is still a chance though. if the supposed regSHO short squeeze happen, and price stays high, BBBY can raise capital by issuing shares. AMC did that and is doing it again via APE. so is basically just copying what GME and AMC do to get capital and find new sources of income.
regardless, I'm selling options to squeeze IV dry hahahahaha
but if there is no squeeze, that is another story hahahahhaah
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