this post was submitted on 22 Nov 2023
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The PPShow

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Nice!! (self.theppshow)
submitted 11 months ago by Ppseeds to c/theppshow
 

This will be good for lots of DD we shall prevail my PPs. We have been silenced but we will roar!!

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[–] qwertychomp 3 points 11 months ago (4 children)

What is this community!? It just randomly appeared in my feed and I have no idea what this is lmao

[–] udon_corleone 5 points 11 months ago (1 children)

it's a weird one but behind all of the smoke and mirrors, it's a group of investors who are closely following the Bed Bath & Beyond (BBBY) bankruptcy.

We've been watching as hedge funds have conjured up billions of shares (many more than actually exist) and sold them all to drive the price down. This (illegal) practice is called naked shorting, and it's how a popular household name has been forced into bankruptcy.

Still, bankruptcy is a process and the story's not over yet.

[–] qwertychomp 3 points 11 months ago (1 children)
[–] [email protected] 2 points 11 months ago
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