Mike Lindell should buy Bed, Bath and Beyond
🗣️ DISCUSSION 💬
And turn them into My Pillow retail outlets.
The ultimate irony!
Unfortunately I think BBBY just has too much debt to make that worthwhile. He'd be better off just moving into their old stores.
BBBY had a very real opportunity to raise capital, orchestrate a sale or merger, bring back Lindell, and completely turn the company around, and it feels like they willfully fumbled that opportunity...
Ya, same management would still be in place
The one by me moved into a storefront down the road with like than half the space a couple years back. It was startling how much the stock had shrunk.
People said the same about Gamestop, and it apparently nearly destroyed the entire financial structure.
Disclosure: I hold both GME and BBBY. GME is the much better positioned of the two. It has no debt and boatloads of goodwill. BBBY has scads of debt and everyone hates it for turning on Lindell.
BBBY's only hope is from forces outside the company. Extreme share manipulation or a buyout IMO.