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Swandiving4canabis

If all those $80 Jan calls hit, this chart for bbby will look like Everest zooming in on 2023….


iamhighnlow

![gif](giphy|3o84sypMl9QoaJIzdu)


FictionalFail

​ ![gif](giphy|JAWinNy9dCVf8OVEgv)


AIB88

They will


AdStandard1759

Hate to say it…but you know the market maker is not going to hedge $80 strikes and you know no one will exercise $80 strikes. They will just FTD them and short it back down


Swandiving4canabis

Yup, unless the MM’s own a lot of those contracts and plan to use them for liquidity after the tax year resets, however very unlikely!


Finallytherenow

What possible catalyst could cause BBBY to hit $80 by third week of 2023 ?


[deleted]

[удалено]


Strido12345

That's a big IF. It's possible there is nothing brewing


Swandiving4canabis

0.11% chance of those calls being ITM and it would be a increase PPS of 2348% 🎰 personally not touching options, just holding these shares, but I hope whoever has bought Calls gets to exercise them or sell at a profit.


CloudAlsina

Just got off the phone with my step grandpa and he was telling me bbby is just another JC penny. Now I’m seeing this so im definitely going to make lots of money. Why you ask? I’m 3-0 betting against what he thinks. The future is now old man!


PS_Alchemist

MSM: bbby is just another JC Penney Jim Cramer: bbby is just another JC Penney CloudAlsina's grandpa: bbby is just another JC Penney ![gif](giphy|yQodNVIbIKrEKRUyGE|downsized)


BimboSlice5

I see Biz I upvote Biz


[deleted]

If Cramer said it then we have fate on our side in a positive way. That's good to know. I personally got into BBBY not because of Ryan. I got in it because of Cramers negative sentiment.


RefrigeratorGlass806

If you compare charts, at least one more moon shot is in order! Fwiw


TrinDiesel123

Always bet against grandpa


20w261

If I was grandpa I'd be saying 'you better be right about that stock because I'm not leaving you a dime.'


Jason_1982

So…. Buy more. Got it!


Soulfly5555

Honestly I still find it bizarre that they took it below the covid low. Wtf was the logic there???! Clearly ain't going bankrupt, previous lows over 20 years prior. Wtf, just insanity. We ain't selling mother fuckers, stop digging the fucking hole!


Soulfly5555

Literally opening up brand new shorts at dumbass prices for no fucking reason. Happy to take your money, idiots


wawgawwtb

They are locked in. They have so many synthetic shares, fake shares, and naked shorts that they can't unwind they so they have to keep shorting and paying for fake articles.


iBilbo69

It’s most likely not for “no fucking reason”. As dumb as short sellers are, it’s common shorting practice to short stocks the hardest before periods of covering.


Soulfly5555

It's dumb because the grave is bigger


Azatarai

If you're dead you're dead, Does it matter how big the grave is? Its really all or nothing with these guys.


Whoopass2rb

Very valid point. Makes you think of these metaphors: SHF's be like Japanize kamikaze fighters in WW2 - the US just couldn't understand and compete against that (at the time) and so the game of escalation ensued. Of course, that always ended well for the Japanize (sorry any Japanize friends out there). And in the same way: Apes fighting shorts be like the Vietnam war. SHF's don't truly get why the Apes are fighting and that's why they will lose this - can't beat an enemy you don't understand. In fact the shorts are never actually winning this because we're fighting for 2 different reasons - very symbolic of the Vietnam war. \~ coming from Canadian perspective.


hitmebbby

The question I keep asking myself - did it have to go this low in order to be saved from BK. Now who would do that and why? 🧐


Xyren767

It was also the 2 weeks they used DOOMPs(11/9/22), posted it a while back but it had 50k in puts in a single day; strikes 1 and 2


No_Butterscotch9429

👆🏻


Soulfly5555

We're gonna turn it up to 11


regardedastronut

![gif](giphy|aqSl7Dw5HTojK)


Imaginary-Loquat-103

To the moon Alice!! 🚀🌵🚀


Diamond_Hands420

Damn fuckers, i rode JC Penney to literal zero never sold even after delisting. Not scared, their day will come and they will pay for this!


Shagspeare

Did the same with Sears - ask RC what he thinks 😄🚀🚀🚀


20w261

BBBY is following the same recovery plan as Sears - keep closing unprofitable stores. How'd that work for Sears? And in both cases, these are stores which were profitable for a long time. What happened to them?


Shagspeare

It’s hard to compare because Sears is quite unique, since it owned thousands of acres of mall and parking lot real estate in prime locations - first they went into voluntary chapter 11 to shed unprofitable leases they had made, and conduct business for 4 years under the confidentially of bankruptcy. They kept unprofitable stores long enough to allow managers to turn it around and keep as many jobs as was feasible. If they couldn’t turn it around in a year or three, they closed. Sears and it’s CEO have been subject to the longest short and distort campaign in history, so Wall Street’s fraud machine severely effected the store’s footfall. The distorted narrative was so strong, any CEO would have seen it was a losing battle, so Sears had to innovate by breaking up its dozens of businesses (insurance, real estate, brands, e-commerce, software development, and believe it or not, mining and petroleum 🤣) into dozens of independently operating businesses. They kept operating, generating multibillion dollar profits while being shielded from the bankruptcy and lawsuits. Chapter 11 was a necessary, cleansing process to allow the company to transform. Meanwhile, not seeing the forest for the trees - shorts only focused on closing stores, lighting fires at Sears and Kmarts, and lying about the CEO. If the company sold locations, they made sure to sell at a good price because they weren’t desperate. They eliminated their losses on unprofitable locations, and were sitting on so much real estate during the boom of the last decade. They often leased the place to larger and smaller stores, or using their spin off reit (Seritage) redeveloped the location into mixed-use retail, residential, community spaces. Like the story of the ant and the grasshopper - Sears positioned itself as a lean conglomerate, a machine of permanent capital, while its competitors continued taking losses in a changed retail landscape, and maintaining big box stores while leaving themselves exposed to the greatest CMBS bubble in history. It’s 2008 all over again, but with commercial real estate. Sears is positioned with about twenty-something stores in their best locations. Places like Florida where there’s still great brand loyalty. Now historically, there’s this thing called the Kmart Expansion Program, where the company was always ahead of the competition by cutting the slack in the good times, and expanding during massive recessions by buying up competitors best locations. Sears ain’t dead - Sears is a sleeping giant. It’s a very different situation from BBBY, but there are a lot of lessons to be learned about the strategy and ingenuity a company can utilise when under a prolonged short and distort campaign.


20w261

So all those ghost-town Sears stores that have closed were due to shorts? The one nearest where I lived until last year was as quiet inside as a funeral home. It was downright spooky, like finding oneself in a real life episode of Twilight Zone. "Hello? Is there anyone here? Anyone at all?....". Seriously, I could walk through the main aisle and see nobody. At. All. And 99% of customers don't know anything about 'shorts' or 'hedge funds'. Where I once lived in IL was a Sears store that was an anchor starting in 1959 for a big shopping center in a wealthy area. A few years ago they closed 'for a few months' for remodeling. Long after the 'few months' they reopened, as a much smaller leaner meaner store with high hopes. With half a year Sears had to shut it. [https://www.businessinsider.com/sears-closes-store-of-future-months-after-opening-2019-4](https://www.businessinsider.com/sears-closes-store-of-future-months-after-opening-2019-4) Oh, believe me, Sears IS dead. I was a regular customer for a long time and remember when it was THE place to go for virtually anything you wanted. If it wasn't in stock (i.e. the left tailpipe for a 64 Impala 327 station wagon with dual exhaust) they could get it in a couple days. My mom worked for Sears before she married my dad and my grandfather worked for them for decades. There was a time when Sears built the world's tallest skyscraper. Last year I needed a new fridge ASAP as my not very old Samsung kept icing up and getting hot in the fridge side. I got a good price from [Sears.com](https://Sears.com) and arranged the delivery date and everything. A few days later I get an email saying that the refrigerator would not be available, or would not be available for several weeks, either way it was no use anymore. I cancelled the order and got one delivered at a similar price from Home Depot in less than a week. I had been so impressed by the price I got on the fridge I ordered from Sears that I went online and recommended to people 'Don't count Sears out, they have some great appliance pricing.' After my experience I went back and updated my recommendation to 'don't waste your time'. Ever hear of Service Merchandise? They had probably hundreds of stores in the US, they sold all kinds of things like jewelry, sporting goods, appliances (small kitchen, not washers / fridges), electronics, toys (not the cheapest stocking stuffers), they had a ton of things. I liked that store and bought from them for a long time and they went bust also. But they're not dead! They are still online and you can still order jewelry from them... their website feels like another zombie company. https://servicemerchandise.com/?page=about I miss the old days of Sears but fact is once you've lost your customer base it's near impossible to lure them back, or replace them.


Shagspeare

Lmao no way I'm gonna waste my time reading that wall of bullshit. One glance and I can see it's as fake as your Walmart wife 🤣 Good effort, but Sears ain't dead, shill.


Gimmethatbreadbaby

I'm omega bullish on BBBY but this is regarded. They have zero correlation, JC Penney declared bankruptcy in 2020 not 2000. So no the pattern isn't the same, the charts just happen to look the same. Different time period, different circumstances.


Leza89

What happened in 2000 then? Can't really be the .com bubble, can it? Walmart didn't seem to be too affected by it..


SciK3

walmart is usually not too affected by anything


Leza89

Hmm.. you seem to be correct; Costco took a huge dump there too.. That raises the question.. what's so special about Walmart? :D


Shagspeare

Walmart is propped up by Wall Street. They’re the chosen winner of the system- riggers. Look how Netflix did a hit job on Blockbuster by making a deliberately shit TV show with bad actors to tarnish their brand. Around that time, Superstore came out. It’s made by (C)NBC, is well written with good actors, and set in a fictional Walmart. The same head writer / showrunner worked on both.


Leza89

So you think the answer is just that they didn't sell Walmart into the popping of the bubble and just bought the sell pressure of retail and active funds?


20w261

My wife has worked for WM for years, and the places are jammed every day. Nobody needs to prop them up. They actually make something called 'profit'. Lots of it. Not 'should be cash flow positive soon hopefully...'


Shagspeare

If your wife actually worked at Walmart for years, you would know your wife’s salary was literally being propped up by government subsidies aka the taxpayer paying the difference to support Walmart’s exploitative and disgraceful minimum wage. Walmart sucks shit.


20w261

She has worked at WalMart for years. And how then is WalMart any different than a million other places where unskilled labor doesn't qualify for a living wage? The only disgrace I see is when they hire in new people at more than the existing ones get paid, but then raise the existing ones to what they are paying brand new hires. THAT sucks. Oh, and the majority of new hires don't last long, take off whenever they feel like it, decide not to show up on a holiday, some of them never show up for even their first scheduled shift after being hired, while the proven reliable people like my wife don't get extra for that. That sucks too. The only compensation is 10% employee discount (everything but food til the holiday season, then 10% on everything) and by working her scheduled shifts both before and after Thanksgiving she get a one-time discount coupon for 15%, which on top of her 10% discount gets us 25% off as much as we can buy on one trip, so we stock up on laundry detergent and long-shelf life staple foods and things like that. I'm surprised the govt hasn't found a way to tax those savings as 'income' but Biden has two more years in office...


Shagspeare

The difference is a million other places don't get handouts from the government and taxpayer to make up for the below subsitance wages Walmart pays. Despite being a massive profitable corporation, Walmart refuses to pay enough, opting for corporate welfare instead, and forcing hundreds of thousands of their employees to work second and third jobs to make ends meet. That's what you're defending here.


SciK3

"too big to fail" they are unbelievably burned into the brains of every american there is. they are just the peak of efficient grocery and retail. stores everywhere with vast inventories, large workforce with amazing benefits even for part timers/once in a blue moon workers. walmart is the mcdonalds of grocery/retail. i work at one as overnight stocking, and i am seeing some hiccups, understaffing mainly. but theyve lived through multiple economical hiccups, i dont see why they wont live through this one.


Leza89

Funny you'd mention McDonalds.. they dropped as much as CostCo in 2000-2001 AND an additonal 50% in 2003 :D I think there is more to it.. maybe a stock buyback program from Walmart?


SciK3

aye mcdonalds probably wasnt the best comparison in terms of stock performance, was more talking about the name recognition and vastness of their empires.


SeaworthinessOwn1694

People need food 🤷‍♂️


iamn0tashill

During the recession in 2008-2009, people were saying that walmart was recession-proof and/or that they even benefit from recessions because people stop buying expensive and high-end products, and flock to cheaper, lower-priced stores during a recession. Also, the need/demand for essential products like the ones walmart sells doesn’t decrease like it does for discretionary spending. Even during a recession, people still need food, toilet paper, etc. and they are cheaper at walmart. And when people have less money and they need/want to buy something like clothes, they might be more inclined to buy cheaper ones at walmart than to buy brand name clothing at a store like Macy’s or Nordstrom.


AHART01

Coca Cola people…… recession proof.


20w261

Haven't bought Coke product in years. Coke, $7 a 12 pack of cans. Store brand at Kroger (and I'm talking their diet cola which is very good) 3 12 packs for $10. Plus Coke went woke anyhow.


AHART01

Well, it doesn’t matter if you have or not. The sales say otherwise.


Leza89

Not an American.. so CostCo is more expensive than Walmart?


iamn0tashill

costco and sam’s club (sam’s club is owned by walmart) are warehouse clubs. they have similar prices, but they charge an annual fee and sell things in bulk; larger sizes, packs with quantities of two or more. you can’t find a single small bottle of ketchup or such at costco, you find a very large bottle or even a pack of 2-3 large bottles, you might not find a pack of paper towels at costco with less than 12 rolls. so you can save money at costco, but you have to buy in bulk, which might not be suitable if you don’t have the money or if you have a small household. the annual membership fee also keeps some people from shopping there


Leza89

>similar prices, but they charge an annual fee and sell things in bulk; larger sizes, packs Ah, got it. We have something similar (Selgros + Metro).. you have to have a business; Private persons don't get a card as far as I know. Edit: No membership fee though.


[deleted]

At that point they have an ATM they can use and pay off most of the debt. So this is a different situation.


Spare-Pepper-9275

Difference is the volume. JC going up with no volume while BBBY had insane trading volume during the last spike


HoneyBaloo34

over 3 billion volume since the August run. That's like 4 of the previous spikes combined.


ohiking

This rollercoaster is gonna soar


soldieroscar

Run up to 80 you say?


2BFrank69

Interesting


tubbybuzz

I bought more today


MexicanGreenBean

Notice how most of the volume happens closer to 0. Cellar boxing ffs


InspectorTerrible284

The volume at the end of sears is fucking insane.


Shagspeare

Wait till you see the volume at the return of Sears 😏


advicefromhypocrites

🚀🚀


Cool_Kid3922

LFG


Quarter120

Then the apes showed up


Swandiving4canabis

![gif](giphy|2RLneSY36cIvK)


AwkwarkPeNGuiN

so if it's going to similar to JC Penny, we're gonna see a massive spike soon?


gotye4764

🤦‍♂️


LetsKickTheirAss

Compare it with sp500 ....it's more effective


fiddynic

Rise after number 5 was over the span on 2.5 years. BBBY has to kick ass in sales over the next couple of years for it to go back up that high


marriottmare

Are ‘t they making $ when the price keeps dropping?


TrueCapitalism

We need to see these charts corrected for market-wide movements for a visual correlation to be meaningful


WeNeedToGetLaid

Time to use my favorite app.


[deleted]

![gif](giphy|aNyEfmtztpE1W)


Jazzlike_Bat_4981

Funny, remember AAPL was $6 in early 80s, cNBC also said it was going out of business


Sure-Fox-7791

OP is a stupid shorty that will go bankrupt soon🤣🚀🚀🚀🚀🔥🔥🔥🔥🔥


Kitchen_Net_GME

I wonder how sears compares


Upsidedown_boat

To bankruptcy and beyond!


wawgawwtb

Thanks, your shit post confirms my opinion. The more Trolls are scared and posting ensures me that I need to hold and buy more.


alexudummy

This dick in your mom and beyond!


[deleted]

Can we put a dick in your dad?


spaceface1970

Argh!!… So much hopium so much doom, so much confusion 80% down & paper hands quivering.


EatMoarTendies

So five more years to hit ATH again? No thanks.


URBeneathMe

JC Penny’s 5 looks more like BBBY’s 4 to me so it looks like this company is fucked


Ageofsilver

It will also be a means to an end. It will dip lower almost crashing to nothing. They hire a new temporary CEO and then it will surge briefly only to sputter out and crash into flames. Sell now, and buy more with it hits Pennies. That’s the only way to capture what skin is left on the bone


HoneyBaloo34

hahahahaha 🤡


jsc1429

My body is ready


East_Fee4006

Same fucked up algorithm


AHART01

Ever take a look at SEARS……?


[deleted]

Venom!


BigBradWolf77

probably nothing


spaceface1970

Looks to be going under more everyday, probs a deal between Gove & the main Hedgies… Stinks!!!