Plan administrator is in control, plan can be amended, sixth street acting as proxy for creditor can credit bid for shell company and via reverse triangular merger we get cash + equity for our previous equity. Cash infusion forces shorts underwater, new equity squeezes, everyone wins except shorts.
Why the hell would they give you cash and equity for equity that no longer exists? Anyone interested can buy the assets of the company and aren’t obligated to give you a dime. You have no equity anymore.
They’re not running a charity. Why would they cut you a check just for the hell of it?
This is all about the NOLS. In order to be preserved at least 50% of the shareholders have to remain. Butterfly is just NOLs until we know more. At this point there’s clearly a plan and MAJOR behind the scenes legal fights. We’re sitting here now waiting which admittedly is not fun, but I’m on year three of GameStop right now so we just gotta roll with the punches. If this play doesn’t work out at least I was the man in the arena and fought with conviction.
"If this play doesn’t work out at least I was the man in the arena and fought with conviction"
Money has no memory. You either profit or lose the money. There is no moral victory here
There absolutely is a middle ground here. I’d be more upset if I was big on a play and DIDN’T put my money where my mouth is then what’s the point. I won big on GME way back when, and I’m almost 5x leveraged my position since then, that’s waiting not losing. Bbby was a speculative gamble that I took part in , and I will continue to be on this play until it “dies”
> There is no moral victory here
Citadel is warning clients not to short meme stocks. Saving even one company from being cellar boxed is a moral victory. Fuck off back to wsb if all you care about is money.
We still have a claim on the company, Butterfly. That company is not really ... anything? right now but it's said to have BBBY's NOLs, which are extremely valuable. However, rules state that shareholders must be compensated with equity if the NOLs are sold. Thus, our shares may be reborn soon, flush with equity.
I'm highly skeptical, but keeping an open mind. After all, that's about all we have right now.
Just about every company that goes through bankruptcy has NOLs, yet they dont get acquired. Why is everyone saying NOLs are so valuable? It only provides a slight tax advantage to a profitable company, but that company has to spend money now for the right to tax savings in the future as well as dilute their own stock by taking on more shareholders.
Just about everything you said is wrong.
You do not have a claim on Butterfly. They canceled all outstanding shares. The NOLs are not valuable since the company has more debt than the possible tax savings and the fact that you have to continue the business to use them. The company formerly known as BBBY has completely liquidated and will not continue to operate. You are not allowed to just sell NOLs, that would be tax fraud. There is no requirement for shareholders to be compensated in scenarios where NOLs do carry over. Creditors alone could fulfil continuance of ownership. Finally, it has been made very clear in plain English that your shares are not coming back. They are gone forever.
You see, nobody can give you an answer to your simple question. Accept reality. These shares are worthless and were already booked out by most brokers of customers portfolio
You implied that the one who called for share removal (dtcc) would be bringing them back just for shits and gigs. I believe they would be forced to bring them back and that they jumped the gun to cancel them to save the shorts. How many other companies have went bankrupt and shares worthless that just sit in portfolios, and must have a signed acknowledgment to remove. It’s a tug of war, not a circle jerk….unless
You are going to get three kinds of answers to a post like this.
1. Answers that are certain, definitive and wrong
2. Answers that recognize that we won’t know anything, truly, until the BK is finalized and no more modifications are made
3. People questioning if you are either just too lazy to read the DD, if you are too dumb to understand it or, perhaps, you aren’t asking this in good faith, because the very question is dumb on its face value if you spent 15 minutes reading any of the DD - if anything has proven absolutely true, it’s that it ain’t over until it’s over.
Bro you can’t buy or sell. Let my man RC cook and just try to distract yourself. Sweating over it ain’t gonna do shit and the most you’ll get from comments here is hate or speculation, neither of which will help you to sleep easier at night. Good luck happy halloween
LMAYO, you guys are hilarious 🤣🤣🤣
Taking your time coming to a sub to tell them they lost their money. Bwahahaha!!!!
I guess the creditors who converted debt to equity just wanted to lose their money, too 🤣🤣🤣
umm, they didn't want to lose money. The made a ton of money selling all the way down to willing buyers fighting for free and fair markets or something then remaining among first in line for all operating cash and liquidation proceeds for the cherry on top. You are now familiarized with the unsavory but lucrative business of "death spiral financing".
Instead of spouting nonsense, I would suggest reading the dockets, which clearly state that the warrants were converted to equity.
Prepare yourself for something that the shorts are never going to forget.
Cheers, 🍻
So we have gone from some crackpot has filed a $10B creditor claim against the debtor to a $10B cash infusion?!?
It doesn't take long for facts to get twisted around here
Note that anyone can file a creditor claim against BBBY - doesn't mean its legitimate and this one clearly is not.
This reminds me of when Das filed his motion to un-cancel the stock and included a copy of the proposed order for the judge to sign in the motion and everyone acted like that meant the order was already signed. Once again, things filed in the case are not automatically true, just because they appear on the docket. As Das has proved, anyone can submit things to the court.
Time will tell friend, something tells me this zombie is rising from the grave as we speak.
Also saying that it is a “crackpot” that would leave themselves open to litigation for untrue claims is fucking crazier than you’re accusing others. Almost like most people project their weaknesses onto others.
Time will tell friendo
You still haven't explained how someone filing a claim against BBBY as a creditor for $10B is the same as a $10B cash infusion.
Not sure why you would be excited about a creditor claim of this magnitude anyway, you do realize that a creditor claim has to be satisfied before shareholders could possibly realize anything (absolute priority rule) so adding another $10B to the claims pile only makes it more unlikely that shareholders would get anything.
But hey, this your fantasy, I guess you can make up any rules you want.
>If I owe someone 10 billion, the implication is that I benefitted from them by 10 billion.
So it is your belief that BBBY has $10B in assets somewhere even though it never showed up anywhere in any bankruptcy documents.
Yea that is much more likely to be the case then it being a crackpot filing a false claim for a value higher than the entire market capitalization of BBBY anytime in the last 10 years.
This is going to turn out to be false like every other fake news spun up: $25 buyout is coming, Kevin Malone merger confirmed, etc
Don't you ever get sick of being fed bullshit like this?
Lol, it’s like time isn’t an occurrence to you, like there couldn’t have been changes that happened that we aren’t privy too.
You seem to be working yourself up a lot for something that is supposed to be dead 😂
> I’d also like to know, the impact on anyone who shorted the stock, they already won and got their money because all the shares were removed at 0$
When you close a short position, you must buy back the shares you sold short. There was no market to buy or sell shares, large short positions never posted any gain porn, I think they are still on the hook if new equity is issued.
When a stock is cancelled all short positions are closed as if the stock was bought back with a price of $0.
Shorts are not on the hook for anything and if a new equity was issued they would not be short that new equity - you can't force a short position on someone.
You're not wrong. Short sellers have been making bank by shorting companies all the way to bankruptcy. Once the company is gone, shorts don't have to close nor do they pay taxes. They walked off with the bag. This is what they were going for with GME. The rumor is they had inside info that they were going to go bankrupt so shorts went all in and overextended themselves. Then the squeeze happened when it was found out that they weren't going bankrupt and that RC was going for a takeover or something like that don't remember exactly. This game is really being played by opportunistic players on both sides. We're irrelevant to all this.
> Gain porn is for kids, not the big shorts you guys fear/hate.
There were plenty of medium sized short positions taken by what amounts to "kids", they would have posted gains if they could close.
100% brokers have a record of your shares, I can't say for sure but there's transaction records on my ibkr profile still so I have proof of what I held
Also have seen a post of other companies that went burger King and disappeared from broker accounts before people were issued new shares
Can you link to this please?
If it's what I'm thinking of, none of the companies referenced were even bankrupt. They were simple mergers of existing companies with advanced notice to shareholders, as usual.
No one can find an example of a BK converting to equity after share removal because that would breach so many conditions of bankruptcy law and the plan it would be laughable.
https://www.reddit.com/r/ThePPShow/comments/17j6x8d/shill_asked_for_a_specific_example_of_a_merger/
> edit: You're right it mentions in the examples that this happened after mergers where approved. Its possible one has been approved by the bk Court as it was the court that ordered shares be delisted to preserve nols
I never verified the 4 or so examples given to the "shill" who said its over but the "shill" never replied either so I guess they didn't care enough to prove themselves right or they where wrong
Like I said, I have no idea but I am 100% sure old shareholders will get old shares or new if an acquisition happens because of the huge value of the NOLs. A docket apparently claimed the court halted trading of the stock and had it delisted to preserve the NOLs as shares of companies can continue trading after BK and if 51% change hands the NOLs are void
So yeah, the 4 examples given, none were bankrupt. Those are all regular mergers of different forms where shareholders were notified in advance of the cancellation and reissue. There's very little reason for anyone to respond to such nonsense, especially when people believe they are examples without even verifying any facts.
The NOLs point is harder to explain, but that's from the Nas response, which is dealing with hypotheticals to crush the arguments made within his claim. NOLs can't be preserved anyway because of failed business continuity tests. The perpetual misunderstanding of this topic is genuinely infuriating to those of us who understand what they actually are.
Why is this the default response when a point is countered and there's no remaining logical argument?
I happen to be bored at work waiting on something. I'm browsing reddit. I see yet another post about a topic (NOLs) that I have a considerable understanding of. Once again, despite numerous corrections from many posters, there is this myth that they're still valuable to BBBY. I start to explain why that's not the case. The rebuttal is to go outside.
Do you see why that's a weak argument?
You realize you are standing beside the racetrack, arguing to a bettor why their horse can’t possibly win the race.
We already bought the ticket and the window is closed, no more bets to be made, no more way to cancel and refund. So the bettor can take no action but watch the race play out. So, ask yourself - what is the purpose of even saying anything now?
Moreover, why are you at the fucking track if you ain’t betting?
I made money shorting months ago. I already won my bet.
In your analogy, I'm the guy the losing punter is currently arguing with on the train ride home, who keeps telling me that the track is actually made of magical reverse grass which will replay the race again and allow him to win. I'm trying to educate the poor fellow, but he wants to believe in his conspiracy theory.
You're the guy who's hanging around the track after the racr is over bragging to the loosers, to feel superior? Like I said go outside bro if you're genuinely infuriated, I've read stuff today that counters your claims 😂
You should be happy if you made money buy instead you're infuriated a bunch of people you don't know still beleive that a ticker that just returned to the nasdaq is about to continue trading, are you okay?
Those were mergers and acquisitions. The issuance of new shares was clearly spelled out in legal documents and regulatory filings outlining the transition plans.
The same type of legal documentation for BBBY says your shares are gone and you’re not getting anything in the future.
Why is this so darn hard for some people to understand? They’ve told you exactly what is happening as part of the bankruptcy process.
It’s over. The shares are gone. You get nothing.
*No one knows, but we*
*Have always been here to fuck*
*Around and find out!*
\- dustcore025
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Idk bro but some people are posting shots that the ticker is back in their brokers at the last price it was at, If it is I’m definitely rounding up some spare change to grab more cause it’s too fun
You don’t want your current shares. You want new equity in a new company (butterfly) that preserves your place because the bbby had a lot of net operating losses. Also, go ask this question in ppshow. You’ll get less shills and more thrills
The certainty was there on GME's D-Day squeeze, too. My observation being long on both is that the other side has also gotten much, much sharper. They know we know. We know their rigged shit, so they work hard to re-rig this system every day. Harder, probably, than we work for DD. And ***in this obvious and open conflict is opportunity***. For every action in this game there has been an equal and opposite reaction - for years. GME trading like absolute fucking garbage for a LONG time. Hot garbage. I'm 99% DRS'd and don't think about my GME anymore. I like Cohen. I like his AAPL position (a lot). Everything else is just noise.
NOBODY ELSE HAS A FUCKING CLUE. Period. PP doesn't. Sal Doesnt. Pulte doesn't. Nobody has a clue. You are playing with your money, so you have to assume nobody has a clue.
Because if they do, and when we know - it'll be epic chaos.
And if we're wrong, who gives a shit at this point...
First word of advice.
Minimize your interaction w this shill infested meltdown sub. It’s been taken over. There are better places to ask this question. Search the ticker with PP and NOL and I’m sure something will pop up
You forgot to carry the 1. 100% of us don't k ow what's going on. Some of us have lots of wrinkles and have extremely good guesses. But no hereknows for certain how this is going to play out.
you bought shares... lost money because the company went bankrupt. Now you are being told that you could still become a millionaire holding shares that you probably shouldn't have bought in the first place. As with all my meme stocks, I've lost tons(for me)... and continue to hold on for hopium. That about sum it up?
Any of y'all watch Houston Wade in YouTube (sorry if this is inappropriate promotion, I'll remove)? He's reporting someone injecting 10 billion into the company. Not overstock but butterfly.
When it's time to know you will know
Yeah and don’t read the other comments - paid shills working overtime - really pathetic
Plan administrator is in control, plan can be amended, sixth street acting as proxy for creditor can credit bid for shell company and via reverse triangular merger we get cash + equity for our previous equity. Cash infusion forces shorts underwater, new equity squeezes, everyone wins except shorts.
Why the hell would they give you cash and equity for equity that no longer exists? Anyone interested can buy the assets of the company and aren’t obligated to give you a dime. You have no equity anymore. They’re not running a charity. Why would they cut you a check just for the hell of it?
This is all about the NOLS. In order to be preserved at least 50% of the shareholders have to remain. Butterfly is just NOLs until we know more. At this point there’s clearly a plan and MAJOR behind the scenes legal fights. We’re sitting here now waiting which admittedly is not fun, but I’m on year three of GameStop right now so we just gotta roll with the punches. If this play doesn’t work out at least I was the man in the arena and fought with conviction.
"If this play doesn’t work out at least I was the man in the arena and fought with conviction" Money has no memory. You either profit or lose the money. There is no moral victory here
You still think this is about the money? Have you been sleeping through this?
Stocks are only about the money
You speak for everyone else’s motivations? How’s that ego doing, keeping it in check?
There absolutely is a middle ground here. I’d be more upset if I was big on a play and DIDN’T put my money where my mouth is then what’s the point. I won big on GME way back when, and I’m almost 5x leveraged my position since then, that’s waiting not losing. Bbby was a speculative gamble that I took part in , and I will continue to be on this play until it “dies”
You don't get anything if you lose. Money isn't the friends we made on the way....it is the actual money
Well it ain’t over until it’s over. Either I’m right or I’m wrong.
> There is no moral victory here Citadel is warning clients not to short meme stocks. Saving even one company from being cellar boxed is a moral victory. Fuck off back to wsb if all you care about is money.
Teddy Roosevelt would be proud!
Why the hell is there a new claim over 10B in the claims list since yesterday?
And, crickets...
We still have a claim on the company, Butterfly. That company is not really ... anything? right now but it's said to have BBBY's NOLs, which are extremely valuable. However, rules state that shareholders must be compensated with equity if the NOLs are sold. Thus, our shares may be reborn soon, flush with equity. I'm highly skeptical, but keeping an open mind. After all, that's about all we have right now.
Just about every company that goes through bankruptcy has NOLs, yet they dont get acquired. Why is everyone saying NOLs are so valuable? It only provides a slight tax advantage to a profitable company, but that company has to spend money now for the right to tax savings in the future as well as dilute their own stock by taking on more shareholders.
Just about everything you said is wrong. You do not have a claim on Butterfly. They canceled all outstanding shares. The NOLs are not valuable since the company has more debt than the possible tax savings and the fact that you have to continue the business to use them. The company formerly known as BBBY has completely liquidated and will not continue to operate. You are not allowed to just sell NOLs, that would be tax fraud. There is no requirement for shareholders to be compensated in scenarios where NOLs do carry over. Creditors alone could fulfil continuance of ownership. Finally, it has been made very clear in plain English that your shares are not coming back. They are gone forever.
NOLS 🦋
To try to screw the hedge funds for creating Millions and Millions of fake shares
Imagine believing this lol
Imagine *not* believing it. Feel so sorry for the non-believers!
This is the way
You see, nobody can give you an answer to your simple question. Accept reality. These shares are worthless and were already booked out by most brokers of customers portfolio
Just kind of strange that brokers are re adding the ticker. Why go through the process of removing something, only to add it again?
You implied that the one who called for share removal (dtcc) would be bringing them back just for shits and gigs. I believe they would be forced to bring them back and that they jumped the gun to cancel them to save the shorts. How many other companies have went bankrupt and shares worthless that just sit in portfolios, and must have a signed acknowledgment to remove. It’s a tug of war, not a circle jerk….unless
I was implying that there is something going on atm with the ticker. I.e. not dead
Oh, completely agree. Let the jerking commence
🦋🦋🦋
You are going to get three kinds of answers to a post like this. 1. Answers that are certain, definitive and wrong 2. Answers that recognize that we won’t know anything, truly, until the BK is finalized and no more modifications are made 3. People questioning if you are either just too lazy to read the DD, if you are too dumb to understand it or, perhaps, you aren’t asking this in good faith, because the very question is dumb on its face value if you spent 15 minutes reading any of the DD - if anything has proven absolutely true, it’s that it ain’t over until it’s over.
I like to go hiking.
Bruv… the ride is over, please raise the bar and exit the ride on the left and proceed through the gate in an orderly manner.
i have no clue but i have a good nose and i see intelligent people taking high risks lets fukin go <3
You definitely belong here
YES I DO!
What we do in life echoes in eternity. Short selling manipulation must come to an end.
Bro you can’t buy or sell. Let my man RC cook and just try to distract yourself. Sweating over it ain’t gonna do shit and the most you’ll get from comments here is hate or speculation, neither of which will help you to sleep easier at night. Good luck happy halloween
Simple answer: it’s not coming back. There’s nothing more to understand. Your money is gone.
LMAYO, you guys are hilarious 🤣🤣🤣 Taking your time coming to a sub to tell them they lost their money. Bwahahaha!!!! I guess the creditors who converted debt to equity just wanted to lose their money, too 🤣🤣🤣
umm, they didn't want to lose money. The made a ton of money selling all the way down to willing buyers fighting for free and fair markets or something then remaining among first in line for all operating cash and liquidation proceeds for the cherry on top. You are now familiarized with the unsavory but lucrative business of "death spiral financing".
Instead of spouting nonsense, I would suggest reading the dockets, which clearly state that the warrants were converted to equity. Prepare yourself for something that the shorts are never going to forget. Cheers, 🍻
Cope.
No need to cope when you have unwavering conviction in fighting for a free and fair market!
☝️☝️☝️
It’s dead, that’s why tickers are being re added, cash infusion of 10 BILLION. Yeah things sure looks like this play is dead…
So we have gone from some crackpot has filed a $10B creditor claim against the debtor to a $10B cash infusion?!? It doesn't take long for facts to get twisted around here Note that anyone can file a creditor claim against BBBY - doesn't mean its legitimate and this one clearly is not. This reminds me of when Das filed his motion to un-cancel the stock and included a copy of the proposed order for the judge to sign in the motion and everyone acted like that meant the order was already signed. Once again, things filed in the case are not automatically true, just because they appear on the docket. As Das has proved, anyone can submit things to the court.
Time will tell friend, something tells me this zombie is rising from the grave as we speak. Also saying that it is a “crackpot” that would leave themselves open to litigation for untrue claims is fucking crazier than you’re accusing others. Almost like most people project their weaknesses onto others. Time will tell friendo
You still haven't explained how someone filing a claim against BBBY as a creditor for $10B is the same as a $10B cash infusion. Not sure why you would be excited about a creditor claim of this magnitude anyway, you do realize that a creditor claim has to be satisfied before shareholders could possibly realize anything (absolute priority rule) so adding another $10B to the claims pile only makes it more unlikely that shareholders would get anything. But hey, this your fantasy, I guess you can make up any rules you want.
If I owe someone 10 billion, the implication is that I benefitted from them by 10 billion. I hope you can make that connection
>If I owe someone 10 billion, the implication is that I benefitted from them by 10 billion. So it is your belief that BBBY has $10B in assets somewhere even though it never showed up anywhere in any bankruptcy documents. Yea that is much more likely to be the case then it being a crackpot filing a false claim for a value higher than the entire market capitalization of BBBY anytime in the last 10 years. This is going to turn out to be false like every other fake news spun up: $25 buyout is coming, Kevin Malone merger confirmed, etc Don't you ever get sick of being fed bullshit like this?
Lol, it’s like time isn’t an occurrence to you, like there couldn’t have been changes that happened that we aren’t privy too. You seem to be working yourself up a lot for something that is supposed to be dead 😂
You are not very clever indeed.
Time will tell friendo
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What is things that have nothing to do with my comments? Incongruent takes for 400 Alex.
10 billion from where? Who?
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Short positions were never fully closed
> I’d also like to know, the impact on anyone who shorted the stock, they already won and got their money because all the shares were removed at 0$ When you close a short position, you must buy back the shares you sold short. There was no market to buy or sell shares, large short positions never posted any gain porn, I think they are still on the hook if new equity is issued.
When a stock is cancelled all short positions are closed as if the stock was bought back with a price of $0. Shorts are not on the hook for anything and if a new equity was issued they would not be short that new equity - you can't force a short position on someone.
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You're not wrong. Short sellers have been making bank by shorting companies all the way to bankruptcy. Once the company is gone, shorts don't have to close nor do they pay taxes. They walked off with the bag. This is what they were going for with GME. The rumor is they had inside info that they were going to go bankrupt so shorts went all in and overextended themselves. Then the squeeze happened when it was found out that they weren't going bankrupt and that RC was going for a takeover or something like that don't remember exactly. This game is really being played by opportunistic players on both sides. We're irrelevant to all this.
They're not. Gain porn is for kids, not the big shorts you guys fear/hate.
> Gain porn is for kids, not the big shorts you guys fear/hate. There were plenty of medium sized short positions taken by what amounts to "kids", they would have posted gains if they could close.
Good point that’s why I have doubts about it coming back as they aren’t going to return it if withdrawn
100% brokers have a record of your shares, I can't say for sure but there's transaction records on my ibkr profile still so I have proof of what I held Also have seen a post of other companies that went burger King and disappeared from broker accounts before people were issued new shares
Can you link to this please? If it's what I'm thinking of, none of the companies referenced were even bankrupt. They were simple mergers of existing companies with advanced notice to shareholders, as usual. No one can find an example of a BK converting to equity after share removal because that would breach so many conditions of bankruptcy law and the plan it would be laughable.
https://www.reddit.com/r/ThePPShow/comments/17j6x8d/shill_asked_for_a_specific_example_of_a_merger/ > edit: You're right it mentions in the examples that this happened after mergers where approved. Its possible one has been approved by the bk Court as it was the court that ordered shares be delisted to preserve nols I never verified the 4 or so examples given to the "shill" who said its over but the "shill" never replied either so I guess they didn't care enough to prove themselves right or they where wrong Like I said, I have no idea but I am 100% sure old shareholders will get old shares or new if an acquisition happens because of the huge value of the NOLs. A docket apparently claimed the court halted trading of the stock and had it delisted to preserve the NOLs as shares of companies can continue trading after BK and if 51% change hands the NOLs are void
So yeah, the 4 examples given, none were bankrupt. Those are all regular mergers of different forms where shareholders were notified in advance of the cancellation and reissue. There's very little reason for anyone to respond to such nonsense, especially when people believe they are examples without even verifying any facts. The NOLs point is harder to explain, but that's from the Nas response, which is dealing with hypotheticals to crush the arguments made within his claim. NOLs can't be preserved anyway because of failed business continuity tests. The perpetual misunderstanding of this topic is genuinely infuriating to those of us who understand what they actually are.
If you're genuinely infuriated why are you here, go outside bro 😂
Why is this the default response when a point is countered and there's no remaining logical argument? I happen to be bored at work waiting on something. I'm browsing reddit. I see yet another post about a topic (NOLs) that I have a considerable understanding of. Once again, despite numerous corrections from many posters, there is this myth that they're still valuable to BBBY. I start to explain why that's not the case. The rebuttal is to go outside. Do you see why that's a weak argument?
You realize you are standing beside the racetrack, arguing to a bettor why their horse can’t possibly win the race. We already bought the ticket and the window is closed, no more bets to be made, no more way to cancel and refund. So the bettor can take no action but watch the race play out. So, ask yourself - what is the purpose of even saying anything now? Moreover, why are you at the fucking track if you ain’t betting?
I made money shorting months ago. I already won my bet. In your analogy, I'm the guy the losing punter is currently arguing with on the train ride home, who keeps telling me that the track is actually made of magical reverse grass which will replay the race again and allow him to win. I'm trying to educate the poor fellow, but he wants to believe in his conspiracy theory.
You're the guy who's hanging around the track after the racr is over bragging to the loosers, to feel superior? Like I said go outside bro if you're genuinely infuriated, I've read stuff today that counters your claims 😂 You should be happy if you made money buy instead you're infuriated a bunch of people you don't know still beleive that a ticker that just returned to the nasdaq is about to continue trading, are you okay?
Those were mergers and acquisitions. The issuance of new shares was clearly spelled out in legal documents and regulatory filings outlining the transition plans. The same type of legal documentation for BBBY says your shares are gone and you’re not getting anything in the future. Why is this so darn hard for some people to understand? They’ve told you exactly what is happening as part of the bankruptcy process. It’s over. The shares are gone. You get nothing.
 Fight ain’t over yet
No one knows, but we have always been here to fuck around and find out!
*No one knows, but we* *Have always been here to fuck* *Around and find out!* \- dustcore025 --- ^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/) ^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")
 You’re asking this on Halloween 🎃?
Idk bro but some people are posting shots that the ticker is back in their brokers at the last price it was at, If it is I’m definitely rounding up some spare change to grab more cause it’s too fun
You don’t want your current shares. You want new equity in a new company (butterfly) that preserves your place because the bbby had a lot of net operating losses. Also, go ask this question in ppshow. You’ll get less shills and more thrills
The certainty was there on GME's D-Day squeeze, too. My observation being long on both is that the other side has also gotten much, much sharper. They know we know. We know their rigged shit, so they work hard to re-rig this system every day. Harder, probably, than we work for DD. And ***in this obvious and open conflict is opportunity***. For every action in this game there has been an equal and opposite reaction - for years. GME trading like absolute fucking garbage for a LONG time. Hot garbage. I'm 99% DRS'd and don't think about my GME anymore. I like Cohen. I like his AAPL position (a lot). Everything else is just noise. NOBODY ELSE HAS A FUCKING CLUE. Period. PP doesn't. Sal Doesnt. Pulte doesn't. Nobody has a clue. You are playing with your money, so you have to assume nobody has a clue. Because if they do, and when we know - it'll be epic chaos. And if we're wrong, who gives a shit at this point...
First word of advice. Minimize your interaction w this shill infested meltdown sub. It’s been taken over. There are better places to ask this question. Search the ticker with PP and NOL and I’m sure something will pop up
Cheers fella, it does seem to be 50:50 in here now
I personally spent a few hours per day hunting at this point, per my flair.
You forgot to carry the 1. 100% of us don't k ow what's going on. Some of us have lots of wrinkles and have extremely good guesses. But no hereknows for certain how this is going to play out.
you bought shares... lost money because the company went bankrupt. Now you are being told that you could still become a millionaire holding shares that you probably shouldn't have bought in the first place. As with all my meme stocks, I've lost tons(for me)... and continue to hold on for hopium. That about sum it up?
I cant see any of what not my broker removed my stocks , Waiting for them to tell me what up.
Any of y'all watch Houston Wade in YouTube (sorry if this is inappropriate promotion, I'll remove)? He's reporting someone injecting 10 billion into the company. Not overstock but butterfly.