Told ya.
What happened to the "magical" NFT's?
Thought so.
DWAC trying to hang on, barely getting enough shareholder votes to delay the inevitable.
BBBY probably trying to get the paperwork ready for bankruptcy court after Xmas.
Buyer beware.
Bear market does not like companies that are smoke and mirrors.
Silly FUD. Bbby is not going bankrupt that have enough cash on had to last a year,and they should be in the green at the end of the year.
I'm buying the fuk out of the dip.
Me too!
The hiring of Kirkland & Ellis (merger and acquisition firm) was interesting. The hiring of David Kastin (who has made a career of guiding companies through mergers and acquisitions) as Chief Legal Council is even more interesting.
Everything, except fake-news propaganda, is more and more pointing to an upcoming deal in the works.
Nothing, except fake-news propaganda is pointing towards bankruptcy.
Picked up another 110 shares today.
Current price is fake and gay.
... and the financials.
It's all in the financials.
Cash is less than current liabilities by a large amount ($400m vs $1,200 m), and losing money at $200m per quarter, on top of that. Cash be gone in less than 1 quarter.
The fact that they are scrambling to extend bond debt out, even at high interest rates (12%) means they cannot get bank financing (what bank would loan them anything?).
Stock price so low now that a secondary offering is not likely, especially in a bear market. Even a good company won't have it easy. Forget about a shitty company.
"Dip."
KEK
Good luck -- you will need it.
The only time I see you posting is when you come here shilling for the hedgies.
Funny thing is, I never see any substance from you.
I have no desire to waste time when their is gobs of good DD on the stonk boards.
Peer revived by hundreds of thousands of people.
Supperstonk is over 800 thousand members now.