What benefit does Ryan Cohen have in staying silent on his BBBY positions? via /r/wallstreetbets #stocks #wallstreetbets #investing


What benefit does Ryan Cohen have in staying silent on his BBBY positions?

I am not good with stocks.

My first attempt to test the waters with investments caused me to be constantly check my return, even though I knew I would not sell anything in the short-term.

My interest in BBBY is mostly seeing the BS exposing questionable practices from hedge funds and other “market forces.”

I jumped in yesterday, saw a brief bump, and then speculation about Cohen’s stake pulled the stock down at the end of the day.

With so much attention one form and one person, wouldn’t it be beneficial to clarify and correct the news if it is incorrect? From what little I know about RC and the form filed, it doesn’t seem like he has sold or will sell his stake in the next few days.

Wouldn’t it be against his and the company’s interests to allow the speculation and drop sustain?

Assuming RC didn’t sell anything yet, from my point of view, anyone buying BBBY today is getting 20% off before the sale is over.

Submitted August 18, 2022 at 05:58PM by QuicklyThisWay
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