A Recap For You Retards
Some of you are pretty retarded and it shows. BBBY's update is good news:
- Overhead costs are reduced in HALF
- Estimated free cash is now 3x HIGHER than last quarter
- They plan to close 15% of their stores. Nothing new, they have been doing this for a while now.
- The share dilution is going to decrease the value less than 1.5%. AMC had a much bigger dilution before it's squeeze
The company is still criminally undervalued and the squeeze is still in play. The market is still pricing in bankruptcy, and we now know that bankruptcy is not on the table for the foreseeable future. Calm down everyone.
RC is gone and that means no rug pulling when there is a squeeze.
Not Financial Advice
Submitted August 31, 2022 at 02:59PM by logictofreedom
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