A few questions regarding $BBBY
Good afternoon my fellow retards (Good morning for those in the US)
As everyone else, I too have seen the massive spike in the price of $BBBY. Before YOLO'ing my money in as well, I am left with some questions:
- There is not much SI so a parabolic short squeeze like GME is out f the picture. So is everyone just betting that the stock price will just rise because of what? Intrinsic value? Help me understand.
- There is not much float of the stock so about the gain we are seeing now; could it just be whiped out completely when whales start selling their bags?
Please help a fellow ape understand. Answers are very much appreciated
Submitted August 05, 2022 at 04:18PM by Gekko2001
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