Assumptions:

• Everyone at the table (EAT) is north of 100 shares or are resigned to have less.

• EAT is holding for record profits whether that is phone numbers, 1 share 1 house, or whatever.

My personal conclusion:

• If I hit 10,000 shares all likely time lines to turn out very very positive.

I have a household and bills and will be Ebaying everything I own (not house or car) to get there.

I see a lot of different ways this can turn out. And I think that, while realizing how little I know, coupled with how much I've learned, I can maximize the number of truly awesome time lines that could happen by taking some real high goals and going after them.

BUY, hold, and ffs DRS.

thanks for listening to me rant.

discussion on Reddit

Recently listened to this discussion, thought it merited being posted here as well. This video is a discussion by BBBY bulls discussing why they believe the situation is bullish.

As of now, there are still competing narratives out there, both of them mutually exclusive of the other being correct.

Bears say it's over, the fate is sealed, BBBY holders lost everything, shares are zero, shares are deleted, shares are cancelled, the shorts won, the bulls lost, bulls are delusional, bulls are in a cult, bulls got grifted.

Bulls are saying that it's over, the fate is sealed, this entire saga entering into chapter 11 bankruptcy and events prior are all part of a well designed bear trap ("short sellers are the dumb storm troopers of the investing galaxy") that results in Bed Bath and Beyond reemerging through some kind of merger / acquisition, bulls won, shorts lost, we're on the doorstep of moass.

For the sake of posterity, this is an interesting period of time, from Friday September 29 until now, and for at least some unknown period of time longer. BBBYQ is no longer tradeable, shares cannot be bought, shares cannot be sold. There is a great amount of uncertainty surrounding this entire story.

What are the implications if bears are right? What are the implications if bulls are right?

Not a twitter fan but my screen grab broke.

!

Hey guys I have some shares of bbby bought in Trading 212 app and I just wanted to ask what happens next? I'm from central Europe and I have not received any e-mail or any in app message about my shares being taken/sold like some of you guys have. The only thing that's changed is that the buying option is no longer possible and the price has stopped moving since 12th September.

Don't like Twitter, don't have it. Can anyone chew this up for me?

1. List of crypto assets being liquidated

2. Rectification of the publication Twitter link

FROM the article

All eyes are now on the court, which is set to make a crucial decision on September 13.

Should the court greenlight the proposal, Galaxy Digital would embark on selling up to $200 million worth of assets on a weekly basis. For the initial week, the limit is capped at $50 million, but it would then rise to $100 million, with FTX having the option to request further increases up to $200 million, subject to the court’s discretion.

Previously on the PP show there was high quality guest Hey_Ross, which felt like a moment where the PP show went from being a small time amateur operation to something a little bit more serious.

Around the time of Bed Bath & Beyond's bankruptcy announcement in April, the show had roughly 300 to 400 viewers per night.

Yesterday Bill Pulte announced on Twitter / X that he would be attending the show, and during Pulte's segment there were over 2000 viewers watching live.

https://www.youtube.com/watch?v=IXaH3IaklqU

There were quite a few things that were discussed with Pulte, it was a good segment. There have since been numerous threads in the PP show subreddit discussing the content of that segment.

Some of the takeaways that I got from the conversation:

• Pulte discusses DRS. Pulte says: "my opinion is that, myself included, is that everybody should be open minded with it. We should not, in my opinion, we should not underestimate what executives and what some of the hedge funds and some of the certain actors on Wall Street will -- the lengths that they will go to... when is change actually going to happen, and I think that the more that we can remove friction, and I don't know that DRS is friction, but we just need to keep an open mind. I've gotten to know the process of DRSing, and I hear both sides of it, it is, you know, these systems, they make it, whether it's DRS or otherwise, I think intentionally to make it more difficult.
• Pulte and Ryan Cohen share the same attorney, "a very well known shareholder activist attorney, 2 gentlemen, 2 attorneys"
• Pulte says that "we are all leaders", "the power is in all of us, it's not in Pulte it's not in Cohen, it's literally in fucking everybody here. It's like, next time, how do we get the PP show to get to 10 thousand people". Although this segment wasn't specifically about GME people, throughout the segment Pulte's words sort of conflated the BBBY and GME communities as one and the same, that we share the same fight. I take this claim that we are all leaders to refer to all of us here in this Lemmy instance as well, all of the efforts that everyone has taken to continue pushing forward.
• Guest ABC asks: we are seeing a lot of division, how would you encourage us to bring these communities together? Pulte responds: "you just can't engage it [the divisiveness]... we really are in so many ways on the same team. By leaders like you, because you are a leader, everybody is a leader here, but you're a leader ABC, by you asking that question people are going to think twice about, does it make sense to, really, fight with these people, you know, really spend our time, our energy hating on these people, or should we be focused on, you know, the real enemy, which is the corruption, the greed, the, you know, one of the seven deadly sins is sloth, I think a lot of these executives i think sloth. Think about this: how the hell did this Fortune 500 COO that was going to become the COO of Pulte Group, 18 billion dollar company, how the hell did he have time, how the hell did the CEO let this guy have time for a year and a half to come up with different fake identities to attack me? I mean this stuff is crazy. If you traffic in this kind of stuff it will make you go nuts and in this case, this guy, in my opinion, he's nuts. And I just say you gotta restrain yourself. You really gotta restrain yourself, and we've gotta really restrain ourselves as a movement..."

I share Pulte's view, that the PP show (BBBY people) and the GME people, and the DRS GME movement are all different expressions of the same larger movement and larger community, we are all after the same thing, we are all fighting the same fight, and our opponents are the same opponents. Choose cooperation and positivity and reject hatred and division.

TLDR: Apes together strong.

Additional note: on the subject of the power of the community, and division and positivity, it is kind of ironic that despite that Pulte is a GME shareholder and an advocate of DRS, and does not have any position in BBBYQ, this interview with Pulte and any mention of it was repeatedly removed by the mods of Superstonk for not being explicitly about GME, despite that the community members there clearly were in favor of the discussion, with the posts being highly upvoted and awarded. Although most everyone here is well aware of such antics that happen in that subreddit, it really says something about how, as Pulte advocates for cooperation and togetherness, but that the mods of superstonk go out of their way to put up walls to deliberately promote the separation of GME and everything else. Despite that we are all fighting the same fight and share common interests, over there it is GME only, no exceptions. I don't think I am alone in believing that this behavior is detrimental to the overall strength of our movement, the movement of retail investors fighting against a cartel of short hedge funds and other Wall St players.

I mention this because I want to use it as a reminder once again that it is imperative that we not allow ourselves to be boxed in by artificial walls that have been put up by moderators that act against the consensus of the community, and that the fediverse and this Lemmy instance are an expression of what Pulte talked about, that as a tenacious community we are all leaders, and we won't let that kind of behavior stop us from marching forward.

There was a good discussion last night on the PP show featuring Ross Brown of Oracle, presumably the very same @[email protected] who has graced us with his presence on this Lemmy instance. Assuming the Lemmy account here is one and the same person and not an imposter.

The segment is about an hour long, it is worth a listen. Ross is an executive with Oracle and has a great deal of knowledge and experience and is a great participant in our community.

reddit thread of the segment

Among many of the great things discussed, Ross said:

"building on the comment of: 'do other execs know about this [the narrative of BBBY, GME, Teddy]?' I do have to tell you since I wrote that on Twitter, a ton of folks from the industry that I know, and all levels -- devops, folks in partner alliance roles, folks in other companies, on other side of the table on deals we've been on and stuff, have all written me and been like 'yea im in it too, yea yea, we've been in it since the beginning, we're all in', i tell you there's almost like a conspiratorial tone about being publicly identified with this, where folks are coming in and like 'you know im really excited about this too'"

Ross talks a little bit about why he has DRS'd his shares of BBBY and GME

Also, there was a pretty good joke here, Ross said to guest Micheal who holds his shares in Robinhood: " [when he was really little?], i bought my kids a Little Tikes car, the little plastic one and stuff like that, and then when they turned 16 I got them a real car -- you're still in the Little Tikes brokerage account"

That it all

Just wanted to say hello. I have been lurking here from time to time.

Stay tuned, new post coming.

GMERICA 🏴‍☠️