Interesting timing considering BBBY merger / acquisition announcement coming out later today or tomorrow.
(media.greatawakening.win)
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Oh so millions and millions of dollars worth of infrastructure (buildings, leases, transportation fleet and more is worth nothing?
Another company buying all of that for pennies on the dollar AND enjoying 5-7 years of no taxes isn't worth it?
You're dumb af. Go suck mud.
Yes, they are worth NOTHING.
How much property was OWNED and how much was LEASED?
I remember reading back before the BK that they leased all or most of their stores.
Commercial real estate leases, at higher rates than are available today, or worth NOTHING, or very close to it.
Car and truck leases are worth NOTHING.
These idiots were trying to stay in business. It is a sure thing they sold off everything they could, and left the business with a bunch of paper leases -- worth zilch.
You really should not show off how stupid you are by saying such things.
And in a public forum, no less!
LOL.
I'll enjoy coming back to this comment soon in another tax bracket.
High Five!
Shills are everywhere. Just another bottom feeder.
It’s worth nothing if you OWE more than it’s worth.
I think the dumb ones are the ones who lost money on this obvious scam. You gonna apologize when nothing happens?
Debt doesn't transfer in this type of event. NOL's worth 5-7 years of that mean paying no taxes do however :-)
You seem to be the dumb one Sir.
Someone else posted a much more thorough breakdown of why you’re wrong.
Do what you want with your money. Are you going to admit you’re wrong when nothing happens?
It already started. If I was wrong shorts wouldn't be paying to keep their positions open to this day when they should have gotten paid. People that are holding BBBY with share borrowing enabled are still getting paid to loan out shares to this day.
Brokers are saying it's being reorganized and they are awaiting further instructions.
Transfer agent was just changed from AST. (You don't pay to do that if you are going under)
The CUSIP / name changed.
Bankrupt company stocks typically remain on the expert market. Cancelation indicates transition not deletion.
During the bankruptcy court Sixth st was offered 125% of stock price to sell and they declined. They wouldn't do that unless they would make more keeping the shares.
And about half a dozen other types of confirmation I won't bother to expand on here.
I already won. The merger / acquisition deal is done. Options got moved to the 20th.
I'm not emotionally invested in this. I cut losses like a sociopath. This is a win.
Will you admit you were ignorant when you see what's already happened come to light?