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u/pbman2 How do I purchase BBBY bonds?
Here is a good one. Bonds may be convertible to shares.
https://www.reddit.com/r/Teddy/comments/1dmax4n/precedent_of_bbby_bonds_converting_to_equity/
I got approved on IBRK to buy bonds. I have no idea how to do this lol. There's like 3 options to choose from. Then it brings up another window with "Thousand face value". What do I do haha
https://files.catbox.moe/lkw0ds.png
You want the 34 or 44 bonds and each one is 1,000 face value. They should be under 50 each. I belive you have to put in a bid,their is no market buy.
Also have to wait,for normal market hours.
Looks like someone made a new thread:
https://www.reddit.com/r/Teddy/comments/1fcxau1/how_to_buy_bed_bath_beyond_bbby_bonds/
What do you mean by that? 50$?
BBBYCORP 4.915 Aug01'34 075896AB6 CBed Bath & Beyond IncSMART
C1.528
Ask Bid
2.476
(—)
✕
$80K
2.051
(—)
✕
$4K
Just do a search(purchase bonds) in bbby. Their are a lot of threads. I almost bought some myself,but I have a lot of shares..
You need e - trade or one other broker I forget.
Their was a bunch of DD on it on Teddy or bbby, 6 months or a year ago.
Edit. https://www.reddit.com/r/BBBY/comments/y81jzd/how_to_buy_corporate_bonds/
Edit IBKR sells them BONDS ARE 1,000 face value when looking at price.
Edit. https://www.reddit.com/r/Teddy/comments/1ar2f7b/i_put_my_bonds_where_my_mouth_is/
Edit you can buy with Schwab
https://www.reddit.com/r/Teddy/comments/1armbqx/drsd_1700_bbby_shares_a_long_time_ago_bought/
Thanks fren. I see someone said just to open an IBKR account (free) and buy bonds through that. Hmmm!
Bond holders will get paid first and some maybe convertible to shares. I will read more and maybe pick up a few tommorow. Their was some extremely good DD on buying them,but I can't find it...
Awesome, thanks! DM me what you end up doing and I'll do the same lol