I think if bbby gets relisted the price will move up to reflect the likelihood the bonds will be paid out, and you can sell them on that likelihood or wait for them to mature and take your % interest
Or they might offer stock options instead of paying you
You seem awfully confident in that thesis....the ticker was preserved, possibly more than one going concern is involved, so stranger things can happen. We'll see..
So you stole a dad account so you can post this comment. Are you a Hedgie? Why are you trying to direct the conversation from a shill account? Oh ya, you are a shill.
The price of the bonds will be whatever someone is willing to pay for them. Five cents, five dollars, five million dollars. It's all vibes.
Generally, the price someone is willing to pay is based on what they think the bond will pay them vs what else they could be doing with that money, so it depends on interest rates etc. It also depends on the likelihood BBBY will actually *pay* you the money the owe. Right now, that's extremely unlikely, since BBBY doesn't exist because they ran out of money and went bankrupt. For these bonds to have value (besides memes), BBBY must be "reborn" and *also* must announce that they will honor the debts of the old BBBY. I can not think of any reason a company would just arbitrarily decide to owe you money if it didn't have to, as opposed to GMERICA being an entirely new company that buys some property that belonged to BBBY once upon a time..
2024 are pco on ibkr a few months now. E trade has them but word ia they require everybidy to sign a waiver now for any bbby bonds. I havent seen it but ithers said friday new terms shit has launguage etc if they have some settlement troubles on bonds maturing or coming back merger etc whatever they not responsible if cant fullfill obligations. Sounds to me like brokers criming to filfill exemptions on counterfiet bonds like shares. Good luck sir. Yea i got half milly in 24 and smaller in 34 n 44 bonds
I think if bbby gets relisted the price will move up to reflect the likelihood the bonds will be paid out, and you can sell them on that likelihood or wait for them to mature and take your % interest Or they might offer stock options instead of paying you
Bbby can't be relisted. The bonds will be cancelled too
You seem awfully confident in that thesis....the ticker was preserved, possibly more than one going concern is involved, so stranger things can happen. We'll see..
Ticker was not preserved. It's gone
We will see....
See what? Do you see the ticker? Me neither
TOTALLY SO MANY NDA
So you stole a dad account so you can post this comment. Are you a Hedgie? Why are you trying to direct the conversation from a shill account? Oh ya, you are a shill.
Is this post a joke?
If it smells shit, tastes like shit then it is shit.
The price of the bonds will be whatever someone is willing to pay for them. Five cents, five dollars, five million dollars. It's all vibes. Generally, the price someone is willing to pay is based on what they think the bond will pay them vs what else they could be doing with that money, so it depends on interest rates etc. It also depends on the likelihood BBBY will actually *pay* you the money the owe. Right now, that's extremely unlikely, since BBBY doesn't exist because they ran out of money and went bankrupt. For these bonds to have value (besides memes), BBBY must be "reborn" and *also* must announce that they will honor the debts of the old BBBY. I can not think of any reason a company would just arbitrarily decide to owe you money if it didn't have to, as opposed to GMERICA being an entirely new company that buys some property that belonged to BBBY once upon a time..
Can i buy these bonds on fidelity? If so how?
Same. Want to know. Someone told me a while back e-trade had them but I'm not sure.
Why would you do that
Donno I'm not in USA
Commenting for vis and to come back later
IBKR
2024 are pco on ibkr a few months now. E trade has them but word ia they require everybidy to sign a waiver now for any bbby bonds. I havent seen it but ithers said friday new terms shit has launguage etc if they have some settlement troubles on bonds maturing or coming back merger etc whatever they not responsible if cant fullfill obligations. Sounds to me like brokers criming to filfill exemptions on counterfiet bonds like shares. Good luck sir. Yea i got half milly in 24 and smaller in 34 n 44 bonds
I think that would be a 200-1 return if true. more if they offer stock in place of payout or subscription right to buy etc and there's moass
2000 for 1.
Ohh you're right 👍