Acronyms:
CFO - Chief Financial Office
GME - Game Stop (The company that many anons believe will take down the cabal.)
Moass - Mother of all short squeezes (Assuming Wall Street is massively shorting GameStop, a short squeeze would bring down the whole wall street, hence Anons call it MOASS)
RC - Ryan Cohen (Chairman of the board of Game STop)
https://nypost.com/2022/09/04/bed-bath-beyond-exec-gustavo-arnal-faced-1-2b-suit-before-suicide/
A Bed Bath & Beyond exec was facing a $1.2 billion “pump-and-dump” stock-fraud suit when he apparently leaped to his death from his swank 18th-floor apartment in Lower Manhattan last week.
Gustavo Arnal, who was the chief financial officer of BBB, is among the defendants named in a class-action suit that accuses him, Chewy.com founder Ryan Cohen and others of artificially inflating the troubled housewares giant’s share price.
First, it's curious to see Ryan Cohen referred to as "Chewy.com founder". Thats like calling Trump "Creator of Apprentice". RC is the C̶E̶O̶ Chairman of the Board of GME and has been the target of the financial Cabal for a while now.
A few days ago when RC sold shares in BBB and made 68M there was a lot of attack against him by the mainstream.
Even then the news sounded very fishy. Now seeing 68M is nothing compared to a 1.2 billion pump and dump scheme, makes you wonder if there is some elaborate setup going on here. We all know the ultimate target is going to be GME.
Does this have anything to do with the much awaited MOASS and Cabal trying to destroy it before it can happen?
Here is the filing by RC the day before he sold the shares: https://sec.report/Form/144-PAPER/43719
Edit 1: Fixed RC's position, thanks to u/CarbonWinter
Edit 2: Most Anons here have assumed that somehow RC never disclosed his purchase of BBBY options at unusual high price until just before he sold the stocks.
u/xavierschair Just pointed out redditors have known this for months
For those arguing about profits going back to BBBY, here is the Short-Swing Profit Rule
Special shout out to u/MAG768720 for their passion on this topic to the point of motivating long time lurkers to create accounts to debate him. The way of the Anon ;)
Edit 3: Added acronyms as suggested by u/The_Greeatship_Pilot
Edit 4: Added link to RC's filing with SEC his intent to sell.
Stopped reading this the moment you said Cohen didn’t disclose his options purchases until August. There are plenty of posts on Reddit dating back 6 months talking about his unusual high strike options purchases.
For someone who clearly doesn’t like meme stocks, very curious as to why you spend so much of your time on this forum fudding people who invested in said companies. Seriously, every time I see a GME post pop up in this forum, I already know a snarky MAG73636273857 comment isnt too far behind.
I would give the benefit of the doubt in thinking you’re trying to help people avoid potentially volatile investments, but that doesnt seem to be the case either, especially given that you yourself don’t even have your facts straight lmfao
Correct. Thanks for pointing this.
https://www.reddit.com/r/Superstonk/comments/t9lxkw/theory_ryan_cohen_purchased_bbby_options_because/
Exactly. I think you found Shorty McShortster.
Shorty mcshill
He also appears to think all Jews are bad. Notice his ((())).
He's trying so hard, taking lots of time to post lengthy comments, on something he's not invested in. I wonder why? Why is he so emotionally invested in trying to convince us GME and RC are bad.
Yeah many also purchased similar options for Jan '23 a few months ago because they already knew that Cohen had done so. His options were never a secret.
Yes, I finally found that buried in a financial statement back in March or April.
Of course, I had to find it myself. None of the "geniuses" around here who did their "DD" could point me to it.
But, he made a BIG DEAL about it by filing on 8/15, just before he unloaded.
Reminds me of the Jesse Livermore strategy, in fact it looks like the exact same strategy:
https://twitter.com/holeyprofit/status/1566531148414697472?s=21&t=2e2kAumnXdXan8UnDSs3VQ
So you think RC would ruin his own reputation and possibly get in legal trouble by pumping and dumping a stock so he could make a measly 3% of his net worth?