Who the hell would buy bbby they’re on the verge of bankruptcy
There’s a reason they’re loaning so much of their stock. They’re losing 80 million a year, cash is almost zero, which makes up most of their equity, people buying the stock won’t convince short sellers to cover, it’ll convince them to borrow more which is exactly what bbby wants. Don’t touch bbby don’t be on either side, that being said I’d rather be on the short. They’re literally going bankrupt.
Submitted August 31, 2022 at 03:57AM by Horror-South-4057
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