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.
So if I'm reading this correctly, this looks like it could add fuel to the eventual rise of GME. I mean the more the hedge funds invest in the shorting, the more the potential energy is to cause the predicted mooning. Given NCSWIC etc. I bloody hope so as I've just bought more shares. If the storm ends up not actually come my tiny holdings are going to look "pretty damn stupid with no fucking teeth". Still it is fun to actually have a horse in the race and to be buying tickets cheap.
As long as you mentally write off any investment you make in any stocks (or crypto for that matter), and you are okay with that, its all good.
Even without a MOASS event, Gamestop is transforming into a new company that will be wildly successful. They've had top talent from Apple and Amazon tweet "this was a once and a lifetime opportunity, I will be leaving to work for Gamestop" (Paraphrased)
You can't lose on this investment.