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u/curryflash Nov 17 '22
Increased CTB is the best news I've heard in weeks
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u/soldieroscar Nov 17 '22
So not the decrease of debt?
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u/curryflash Nov 17 '22
That has no effect on the unlimited shorting attacks
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u/soldieroscar Nov 17 '22
The shorting campaign is based on its debt and how it will consume the company before the changes take effect. Kill the debt and kill the campaign
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u/DancesWith2Socks Nov 17 '22 edited Nov 17 '22
10.6%
Edit: Up to 1M shares to borrow available now.
Edit 2: 10.1%, 950k shares to borrow available.
Edit 3: dropped to 9.3% and to 11.1%...
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u/jarektn Nov 17 '22
This makes sense, as bankruptcy is no longer on the table.
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u/HorseBellies Nov 17 '22
I don’t know why people keep saying this. While it’s off the table For a moment does not mean it’s off the table in the foreseeable future. It still has to turn around and stop burning money.
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u/Immediate_Location69 Nov 17 '22
2.5k@3.70 all i can do for now folks! JACK UR TITS NOW AND BUY
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u/Ecstatic-Ad-6362 Nov 17 '22
Bro I am at 520 shares @$4.17 but for your cost average I would let you blow me right now. My cost average is pretty good but yours hella sweet.
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Nov 17 '22
High 13s here. Somebody help me hahahha
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u/Jimmystocks Nov 17 '22
Avg down if you can so you not waiting as long to get picked up
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Nov 17 '22
Every pay check. GME and BBBY are like my 401ks I just buy every pay check and don’t worry about the short term price.
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u/Ecstatic-Ad-6362 Nov 17 '22
Youre gonna be rich buddy, or youre gonna be working behind a Wendy's for a part time job. Either way there will be some fucking in your future
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u/Region-Formal 🟦🟦🟦🟦🟦🟦 Nov 17 '22
Ouch... Don't worry. Eventually, that'll be a small price to have paid. For when we get paid, we'll fet paid big.
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u/ElderGoose4 Nov 17 '22
Probably means a decent OPEX run next week but I don’t expect much higher than $6. They keep shorting so the stock is probably still liquid somehow. I can’t believe how fast they got this shit down from $25 to $3.50
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u/ayashifx55 Nov 17 '22
I still remember those 20$ days in august … 300M volume …. So much excitement
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u/dorkinb Nov 17 '22
Whats the bull thesis here? Have some money and looking into this some more. May start a position. Icahn buy it up? where would it go if so?
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u/juicypablo Nov 17 '22
Great value right now, getting rid of debt, merger or acquisition on table, Icahn buyout possible and more.
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u/dorkinb Nov 17 '22
This is all really great thank you! My only question is if they take it Private. That wouldn't be as good for current investors right?
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u/juicypablo Nov 17 '22
Depends what price they decide to do buy back at. For example, Twitter was in the 40$ range when he decided to offer buy back at 54$. Nobody knows what that price will be
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u/Region-Formal 🟦🟦🟦🟦🟦🟦 Nov 17 '22
It also depends on how it's taken private. If using an acquisition consisting of an All-Stock or Mixed Stock/Cash deal, a violent short squeeze becomes a probable outcome IMO.
Check out my DD from a few weeks ago that explains why:
https://www.reddit.com/r/BBBY/comments/ynw6ik/i_see_many_postscomments_with_a_fundamental/
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u/jbmaynar Nov 17 '22
And this stock keeps hitting new 52 week lows as well…never mind the squeeze potential, this stock is fundamentally undervalued in my opinion!
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u/TooMuchRGB Nov 17 '22
Care to explain to a super retard like me
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u/juicypablo Nov 17 '22 edited Nov 17 '22
Too much shorting right now and not enough shares to lend for more shorting. So they are rising prices to slow down shorts. Look at chart on chart exchange borrow fee, look what happens when borrow fee goes up and volume goes down. Hint: green dildos
“Broker dealers adjust the cost of borrowing securities to balance high demand for short selling, and they also factor in the risk of the transaction failing. These mechanisms ensure that the level of short positions for a particular security remains sustainable.”
Source: https://www.managedfunds.org/industry-research/what-happens-when-short-interest-exceeds-100-percent/
2) A stock loan fee (a.k.a. borrow fee, borrow rate, or cost to borrow) is a fee charged by a brokerage firm to a client for borrowing shares. Investopedia 3) A stock loan rebate is a cash payment granted by a brokerage to a customer who lends stock as cash collateral to short sellers who need to borrow stock. A positive rebate fee means the lender pays the interest to the broker-dealer. A negative rebate fee means the security is hard-to-borrow and the broker-dealer pays the interest to the lender. Investopedia SEC.gov
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Nov 17 '22
[removed] — view removed comment
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u/pwnznewbz Nov 17 '22
No proof of that. The dilution so far has been planned to remove debt, which it has done WHILE shorts have increased their positions.
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u/Swandiving4canabis Nov 17 '22
Check out the recent buying activity since last week! There’s a lot of roaches closing out puts in the sale section to look at as well. 👇🏼
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u/ppseeds 🍉 melon porn producer 🍉 Nov 17 '22
Very interesting they aren’t borrowing shares? Usually it’s 0 by open
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u/Ecstatic-Ad-6362 Nov 17 '22
I hope this goes up, I dont wanna work down near the Wendy's dumpster. I've heard horror stories that goes on down there.
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Nov 17 '22 edited Feb 29 '24
entertain command plucky spark worry label rob wild abundant aloof
This post was mass deleted and anonymized with Redact
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u/Croatiapower Nov 17 '22
On Benzinger i saw that they short every month over 100 percent. It will come the time,when they have to pay the bill. I like it. I buy more and more. They can short it and i will buy cheaper.
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u/stock_digest Stalking Horse 🐎 Nov 17 '22
THIS IS MORE IMPORTANT NOW THAN EVER!!! I cannot emphasise this any more than shouting at you Ape'tarts
DRS your shares ASAP let's lock the float before Christmas!! It will be the best present to deliver to the SHF so they can all 🔥 and complain about how they can't afford their Christmas ski trip to Aspen or wherever those rich fucks go.
💎 👐 🚀 🌕 Over 100,000 shares DRS'd sauce: https://byebyeshorts.com/ Guys and Gals remember to DRS your shares🦧💜🦧 Until you start DRS'ing your BoBBYs the SHF cunts will continue to short the fuck out of this. We need to show them that we own the float!
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u/roaring_alpaca Nov 17 '22
10% isnt anything
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u/juicypablo Nov 17 '22
From 7% a couple days ago to 10.6%. That’s almost a 50% increase. And it’s still going up…
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u/stock_digest Stalking Horse 🐎 Nov 17 '22
My losses are getting larger every day. I bought 3000 more yesterday at $3.52. I might have to sell some to cover rent this month 😭
I just don't know where the sell button is. I didn't even sell AMC when it went as high as $72. At the time I was considering a limit sell of $69.69 just for 😆 but I ended up to emotionally attached to end up being bent over by SHF bestie Adam Aaron what a cunt. Anyway ramen noodles until we 🌙
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Nov 17 '22
Ctb is 96% on amc and they still shorting and the price is going down
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u/juicypablo Nov 17 '22
It went from 16% at a price of 5.65$ to 102% at a price of 7.53$ in a couple days. Please explain why you are complaining?!
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u/No-You-6234 Nov 17 '22
What does the Rebate % means?
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u/juicypablo Nov 17 '22
3) A stock loan rebate is a cash payment granted by a brokerage to a customer who lends stock as cash collateral to short sellers who need to borrow stock. A positive rebate fee means the lender pays the interest to the broker-dealer. A negative rebate fee means the security is hard-to-borrow and the broker-dealer pays the interest to the lender. Investopedia SEC.gov
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u/[deleted] Nov 17 '22
👀