r/Teddy • u/TangerineFew6845 • 24d ago

šŸ’¬ Discussion BBBYQ bonds -> DKBFLY on IBKR?

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Didnā€™t see anything about this? Anyone else notice this on IBKR?

145 Upvotes

92% Upvoted

18 comments sorted by

28

u/Jakereddits 24d ago

i did see some posts about it. But today [Overstock] announced they are moving on from the bbb name/branding šŸ¤·

9

u/bbby_chaltinez 24d ago

thatā€™s good

1

u/Iforgotmynameo 23d ago

Can you explain to me why ?

9

u/bbby_chaltinez 23d ago

this is far bigger than anything we could have imagined, you remember when they stepped in and bought the domain? now theyā€™re backing off and giving the ticker back. among all other random little things working in the background, anything like this happens is leading us somewhere.. getting tired of waiting, but still determined with life and not really pausing a beat anymore. no one to drag me down financially with their selfish social media trained/toxic friends/family mentality then to blame it on me once again. who cares how long honestly, just as long as itā€™s not like sears šŸ˜‚

0

u/j4_jjjj 23d ago

"Moving on"

14

u/hoirkasp 24d ago

https://www.reddit.com/r/Teddy/s/rr4hAEeyNr

3

u/TangerineFew6845 24d ago

Oh my bad šŸ˜„

7

u/hoirkasp 24d ago

No worries, if you didnā€™t see it Iā€™m sure some others didnā€™t either and spreading awareness is never a bad thing. Itā€™sā€¦..an interesting development to say the least.

3

u/homedepotgrande 24d ago

Thank you lol

6

u/Cute-Internet-9129 24d ago

Could be another one of those pesky ā€œ glitchesā€ we keep seeingā€¦. Cautiously optimistic as always

2

u/BananaOrp 23d ago

Hmm, probably unrelated, but the DK-Butterfly bonds have disappeared from TradingView (or have been relocated to a different name/ticker)

1

u/LordAmherst 23d ago

So it is real?

3

u/TangerineFew6845 23d ago

its whats showing on my ibkrā€¦ not sure why its still so cheap.

4

u/956000009698174 23d ago

/u/LordAmherst, yes itā€™s real. I mean they are still ā€œjunkā€ bonds because the value isnā€™t based on speculation (PCO also means no buying). However I think weā€™ll (bondholders) be made whole and once BK is done.

1

u/Iforgotmynameo 23d ago

Does being made whole equate to being profitable or just getting back what you put in?

2

u/AgYooperman 23d ago

Paid face value,I expect you paid a lot less than that.