PSA --

Do not be deceived. BBBY's stock is at 31 CENTS per share now -- down 99% from the high.

If it remains under $1 per share for 90 days, the stock can be delisted from the stock exchange.

That is why they want to do a reverse stock split, which would push it back up over $1.

But stockholders would have 1/10th or 1/20th the number of shares. So, it is NOT any sort of "gift" to the shareholders.

It is nothing more than an attempt to push off bankruptcy and delisting as long as possible.

Anyone can read their financial statements. P&L and Balance Sheets show that they have about 30-60 days before they are TOAST.

Just a PSA ...