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Houston, We have a Problem, Live Cast 366: Speculation Station with Salvatore and Jake2B (www.youtube.com)

submitted 1 year ago by [email protected] to c/[email protected]

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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?

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[–] [email protected] 4 points 1 year ago

further context:

Houston Wade is the host of this particular show. I'm not overly familiar with him but he has been present in this story since early 2021 with respect to GME. Houston hosts Salvatore and Jake2B with respect to their views on the current situation of Bed Bath and Beyond.

Jake2b is a prominent DD writer in the BBBY/BBBYQ community and is a revered individual in the pp show community. Jake has frequently appeared live on the pp show and has written many well received posts on reddit about the Bed Bath and Beyond bankruptcy throughout.

Salvatore is another prominent voice among the BBBY investor community, mostly on Twitter / X. Salvatore has been on the pp show numerous times and also has hosted space calls on X. Salvatore has engaged on X with Doug Cifu, CEO of market maker Virtu Financial. Doug has been lashing out and Salvatore has been taking advantage of Doug's apparently emotional circumstances. Salvatore was recently featured in a recent Financial Times article. Salvatore is very bullish about Ryan Cohen and Bed Bath and Beyond, and is known for his unwavering conviction.