There is still hope
$Bed Bath & Beyond Inc(BBBY.US$ There isn’t hope for bbby holders to get their money back, but take this as a learning opportunity not to listen to random clueless people who dismiss all bearish warnings as “fud” or “fake news”. And especially do not heed the advice of the TA astrologers who draw random circles and lines on their charts, thinking they can magically predict stock price movement.
The stock market doesn’t just consist of meme stocks. If you still want to look for ways to get rich quick, just know that you will very likely continue to lose more money in the future. But if you’re willing to learn and be patient, either do better research into the companies you invest in, or just DCA into a well established etf instead.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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aspiring Squirrel_75 : Thanks - wont we able to sell it pre market if we need to ?
Biden2024OP aspiring Squirrel_75: Your orders will likely go unfulfilled. I expect bbby to be delisted from the Nasdaq shortly
Mark McG : you should tag AMC, they need to read this too
aspiring Squirrel_75 Biden2024OP: What about OTC ?
Biden2024OP aspiring Squirrel_75: I’ve never tried trading OTC before. You could always give it a try if you like. I mean, there really isn’t anything to lose, unless you want to hold out hope that the company doesn’t cancel the existing shares and maybe recovers in the unforeseeable future.
aspiring Squirrel_75 Biden2024OP: Thanks - much appreciated
adaptable Cheetah_37 Biden2024OP: don‘t mislead, it is applying for bk but not really bk so trading is still allowed and takes not a short time to delist (if fail to reconstruct again)
broad-minded Dingo_2 : If he still has his stock in his hands, what is the most rational approach?
Biden2024OP adaptable Cheetah_37: There is nothing misleading. The ticker will be delisted pretty quickly, and I would be amazed if it wasn’t since the longer it stays listed, the further the price will drop. The likelihood of share cancellation or bbby filing for chapter 7 is also very high. Basically, bbby stock is now near worthless.
Biden2024OP broad-minded Dingo_2: If the stock is not already delisted, you can try to submit market sell orders. Otherwise, the chances are very high that your shares turn completely worthless in the near future.
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