BBBYQ is currently in a Chapter 11 reorganization (NOT a Chapter 7 bankruptcy).
When Chapter 11 began the judge locked all big (4.5% or more) shareholders (long and short) from trading, so that no funny business could occur during the reorganization. Later, ALL shareholders (both long and short) had their shares “disappear” from brokerages, so that nobody (long or short) can trade while the proceedings are ongoing.
Stay tuned, because you might be very, very happy with what happens to your “former” BBBYQ shares!
I previously sold all my DWAC and put it on Bed Bath Beyond, when it was really low. It went under.
So glad the shorts are letting me buy into DJT at a discount.
BBBYQ is currently in a Chapter 11 reorganization (NOT a Chapter 7 bankruptcy).
When Chapter 11 began the judge locked all big (4.5% or more) shareholders (long and short) from trading, so that no funny business could occur during the reorganization. Later, ALL shareholders (both long and short) had their shares “disappear” from brokerages, so that nobody (long or short) can trade while the proceedings are ongoing.
Stay tuned, because you might be very, very happy with what happens to your “former” BBBYQ shares!
#TEDDY
That's true. Apparently the disappearing is note what happened in past bankruptcies. Hopefully we get something nice out of BBBY in the end.
It would be nice to have some DJT, though. I feel like Trump is more of a sure bet.