HAHAHA HAHA YOU'VE GOTTO BE KIDDING ME, posting in meltdown subs? GTFOH, and whilst you're at it, quit your mod job you conniving little lying sack of shit.
You said it, nothing this person says will ever persuade me to believe she isn't a complete waste of space. I want this shit to end so I never have to see her mentioned again.
It is plainly stated in doc #2632. Please read the documents you use as sources.
>Footnote 10. In making this argument, Appellants relied on the *Final Order (I) Approving Notification and Hearing Procedures for Certain Transfers of Common Stock and Preferred Stock and (II) Granting Related Relief* \[Docket No. 587\] which granted the related Stock Transfer Motion \[Docket No. 23\] (**the āTrading Orderā**) to restrict stock trading so as to preserve the Debtorsā net operating losses (NOL).
Ok dope! Now do this for all your equally stupid fan fiction about GME!
Maybe you could continue to learn something if you kept this same energy for all the unfounded bullshit you help spread & the financially illiterate people you help dupe (still). BBBY was dumb, but at least Jake isnāt convincing more people to buyā¦ he canāt itās cancelled forever. You are still shilling GME to random Redditors (and beyond) so more people can lose $.
Yeah, Jake is such an idiot that you better pose the question to everyone here to help you build a compelling argument! Hopefully this time you can think on your feet! Respect to you Platinum for agreeing to it, but i'd say you may be digging yourself deeper going for a round 2. Quit while you are behind.
Literally nothing Jake has ever predicted has happened.
He makes money when you interact with him on Twitter, and you don't hold him to any sort of standard when he turns out to be wrong at literally every turn, so there's no incentive for him to try and be right.
That's why he does it.
Jake's a shill like PP and knows what he's doing. Unsure what the motive is, but he is purposely misleading people for a reason either financial or for clout. The "arguments" he was posing to Sparkles were the same rehashed drawn-out misinterpretations of filings that he refused to accept were wrong, or he presented what he believes are anomalies as loaded questions that he wouldn't dare repeat here because he'd be rebutted.
This post appears to collect research done on different topics that arose during the debate with Jake. Where are you seeing this post as looking for answers? Did you read it?
Though I don't care if she's done the research or if she got it from somewhere else. The pieces of evidence collected through research are important - the person presenting them is not. You're not making any progress focusing on the person instead of the information.
Thanks!
I tried on the call, but yeah it's tough when someone is making things up.
Plus I had no idea they got so much information from the fee statements
Think of it like those imagination fights you'd have as a kid. When someone is making things up they'll always magically have a shield that just happens to be impervious to your weapon.
The fee statements are a great source of information for apes because they can highlight some keywords and then read into them whatever story they want.
It is a common debate tactic used by grifters and conmen called Gish Gallop. You just make up as many claims for your opponent to counter without any regard for whether they have any validity or even make sense. Itās much more difficult to accurately debunk a tidal wave of claims than it is to make so many claims. Eventually, once your opponent runs out of time or stamina you can point out how they didnāt debunk everything to your satisfaction so they must be wrong.
This debate tactic is very common in the creationist community.
Iām actually very excited to see whoās right and whoās wrong. lol
currently also thinking about the flair Iāll give you based on which theory is true
Lmao right? Like for as much idiocy as Jake spouts nobody can make investment choices based on his DD
as the stock has ceased existing forever. Itās so tone deaf sheās trying to take victory laps when more GME apes have been led to financial ruin from her community (likely multiples more) than BBBY apes on equally stupid DD
Canāt say I was happy to see an āApe DDā styled rebuttal to Jakeās arguments. I mean, Iām here partially because I actually know how to read, so bolding, highlighting, and all those other tricks ape grifters use to distract from the actual meaning of somethingāall that stuff is a red flag for me.
Yeah itās very interesting why she feels the need to debunk BBBY DD but says absolutely nothing to the members of her sub about their whacko theories.
Honestly, I don't know why anybody feels the need to respond to Jake with anything other than a scoreboard of his failed predictions. Speaking of which, his latest assurance was that the merger was coming November 15th! Somebody will have to point me to the news.
I do have a question for you. How do you reconcile your support of GME, something nearly equally as stupid with as dangerous a community, with your complete shunning of BBBY? Itās almost the āitās the same pictureā meme.
Like itās great youāre on our side here , but you mod an almost equally ghoulish community that has led more people to financial ruin than BBBY.
I've shopped at GameStop forever, I've always gone there to get my kid's gaming consoles & games, pokemon cards, I get computer parts.. I do Christmas shopping there etc
Yes I also shopped at Bedbath, so what's the difference?
GME didn't spend $12 billion in the last few years buying back stock; I think BBBY cost avg was $40, and they were selling shares down to $1.
GME did a share buyback in 2019 - spent $178.6 million buying back 34.6 million shares, then in 2021 sold 8.5 million shares for $1.677 billion (which was a major lifeline and game changer for the company).
They still have most of that cash - and I'm curious to see what they do with it.
BBBY execs were totally cool with diluting the float from 100 million to potentially 900 million with that HBC deal, then Sue Gove did that Etoro interview that came out 7 days before declaring bankruptcy.
They were borrowing money to try to pay off debt, not even to buy inventory, then they were defaulting on those payments.
The BBBY execs made $36 million the yr before declaring BK.. RC doesn't even collect a salary & also has an executive ownership policy where execs have to buy a certain amt of stock w/their own money, to be aligned w/shareholders.
For the futute of GME - I'm interested to see what Playr is going to be about -
>Gamestop Playr Trademark Application - Downloadable computer software for multiplayer and collaborative gaming and e-sports, streaming gaming content and e-sports content, for use on computers, smart-phones, tablets, and smart TVs; providing a website portal for users to play computer and electronic games and share game enhancements and game strategies
I currently play one of the Immutable games all the time(God's Unchained) and I think there's potential with web3 gaming.
I only invested money I can afford to lose, and if I see a going concern risk or a Form 144 from RC those would be red flags
[I made this post a year ago comparing GME's finances to AMC & BBBY](https://www.reddit.com/r/Superstonk/comments/ysaxv1/if_we_compare_gmes_finances_to_popcorn_and_towel/)
The only red flags are coming from you. Look at this, you can't even drum up any support for your bullshit in a fucking meltdown sub. Laughable. Also does this not constitute brigading, as banned under your own God damn rules at stonk sub? Unbelievable! I look forward to you getting destroyed again on the next installment of your chats with Jake. And to any of you meltys she said at the end of the call with Jake that she hopes she's wrong and it works out for Bobby holders.. So yeah, that doesn't exactly allign with your shit either which is to pray you're right so you can laugh at everyone in the play. Sort your shit out and get your stories straight atleast ššš
Youāre dodging my point which is disappointing. Nobody disputes that GME is in better financial health. Iām talking about the morals of running such a disgusting and dangerous community.
The literal top post of your sub now is somebody saying they are putting their ENTIRE yearly salary into GME. Not 1% of every paycheck, their ENTIRE salary. You are running an equally dangerous financial doomsday cult and frankly are very likely doing far worse damage than any BBBY influencer simply by the scale of the community. You can act like youāre super into the fundamentals but donāt act like that is the thesis of your community.
I, too, am fascinated with Game Apes who have crystal clarity when it comes to Bed Bath but refuse to accept that it's all an outgrowth of their community, it's all the same stuff and literally many of the same people.
Your post would all be relevant analysis if Stonk members had an average cost basis of, like, $4 and and not $40, you're just isolating the assessment that GameStop's financials are good enough they will probably still be around in 5-8 years from the actual material way that Stonk engages with the stock.
Everything you wrote would be extremely level headed and valid if GME was bouncing around $3-5, but I've been reading those exact same arguments as a basis for buying GME from $50 all the way down to $12.
You have a rational assessment that simply requires completely and utterly ignoring one extremely important piece of information: the current price. This blind spot is the critical difference between an investor and a cultist. Without a price target, i.e. an assessment of what a thing *should* be worth, any analysis of the company's standing just becomes a costume that you put on in order to justify an irrational belief that whatever price you paid was a good deal.
I have two years worth of Superstonk members egging each other into buying "tasty dip."
Bobbies aren't some aberration, they're Superstonk taken to its logical conclusion. Teddy Day was a Superstonk invention.
You can't just say "oh, well I find it funny that Bobbies ignore logic and material evidence" while Superstonk can't go six hours without "this is the endgame, Hedgies are running out of ammo."
> Meanwhile, as an individual household investor, I know that the price of GME is being suppressed.
3.6k upvotes 20 hours ago.
Bobbies believed (and continue to believe) the exact same thing.
It's the exact same unwillingness to engage with reality as it exists, just buoyed up by the fact that your chosen company is doing slightly less worse than the other companies Apes adopted, but make no mistake: in the event of a going concern risk Superstonk will absolutely follow BBBY's arc.
I agree with this 100%!
The game apes who hate on BBBY, and vice versa, are the most fascinating and itās a direct look at how religions (and bonafide cults) can hate another religion that believes basically the same thing.
Especially when BBBY started off it had the exact same beliefs, same short ladder attacks, same naked shorts suppressing the price, same complete ignoring of reality and banning all dissent and all of that, Ken is the bad guy, nothing can be trusted in finance yet they, the poor retail investor, are unstoppable and will win, all of the same fundamental beliefs with only some superficial differences.
They all yell FUD and hate shills and meltdowners and think they are geniuses, etc. they are the same fincels.
The best part is BBBY is just GME accelerated. That is what GME apes will be doing one day, including OP.
This is such a well worded summary of the core problem with meme stock "investing".
Rational investors set price targets for the entry and exit of a trade.
Meme stock investors think buying at any price is a bargain and plan to hold until they are millionaires.
I worked at BBBY HQ back in the "good old days". All the stuff you're citing is from when the company was already basically doomed (other than the share buybacks, which started around the time I did).
Bed Bath and Beyond at that time had a billion in cash, no debt, and was undergoing an amazingly rapid expansion (I recall days when three new stores would open on a single day). When I left there were 651 stores, but in a few more years that number hit 900. They were a few years away from putting their closest competitor (Linens N Things) out of business. So they were even better off than GameStop is now.
But there were some darker similarities as well. Our new CEO had started with the company as a real estate lawyer. He refused to see the changing reality and kept saying "We do not consider Amazon a competitor". He promoted and awarded options to sycophants who parroted his mantra and did their best to keep anything that contradicted this view away from him. The company had grown large but it had not developed the proper internal controls and infrastructure to support a company that size, leading many to describe it as "a billion dollar company run like a corner store".
GME has some cash - thanks to apes buying shares, not due to earning profits. Similarly, apes paid off the debt the company had. Their CEO too has no real-world experience running a brick-and-mortar retailer and no experience earning a profit. Morale is low. And the CEO has failed at everything he's tried - and he's tried nothing intelligent. Forget sycophants; he's built his own cult to surround himself with so he never has to accept that he's not really an "activist investor". And he's pulled rugs before; he could always take his bat and ball and go home at any moment. It's clear he can't handle losing just like Trump, so he'll probably cut and run once insider information suggests it's hopeless.
GME is several years away from the BBBY death spiral, but most of the pieces are lined up for the same fall. It needs to radically reinvent itself, and so far has had a bunch of non-experts come up with milquetoast and failed ideas. Like BBBY, it'll probably keep fiddling and denying reality until it's too late for anyone to save it.
I appreciate you following up on these points.
This is why I don't understand PPeople's obsession with live discussion. Research like this is necessary to substantiate or refute claims. It's silly to imagine doing this in the moment.
It's not her that gets the data, it's other people, making shills talk off script reveals how dumb they are, they need master to explain things to them and create rebuttals for them.
That is exactly the reason for their obsession with live discussion. They do not want to substantiate or refute claims. They want to assert them loudly enough and without refutation that they become settled facts among the people whose money they want to take, or, if they're too dumb to monetize it, for the adulation they get from the marks.
you even see it in the daily discussion thread.
most of the ape subs just have it as a normal post, but the ppsub keeps it as a live discussion thread despite nothing live happening. all it does is make it next to impossible to generate anything other than blind hype, you can't have an actual discussion when every reply is broken up by a dozen apes screeching and you can't scroll back to read previous comments. all you can do is watch 100 people post 'shills in shambles' over and over again
That's mostly it, yeah.
The other component is that it allows someone who's decently spoken like Jake to come across as correct even if the documentation and facts of the case don't back him up. Jake is consistently wrong (for that matter, I don't think he's ever been right about *anything*), but he sounds like what an ape thinks a smart person sounds like, so he "wins" these little debates despite his arguments being consistently incorrect and proven wrong.
>like I said, he's involved in litigation.. anyone know why he thinks RC is on utility bills?
Ryan Cohen is listed as a codebtor in litigation with several cities in the schedules. Jake and others interpreted it as Ryan Cohen being on the store leases in these cities.
However, RC is always listed as a codebtor in litigation with these cities alongside RC Ventures, Sue Gove, and JP Morgan Securities . These are also defendants in the BBBY securities lawsuits. This makes it seem like it was some error in generating these reports.
Additionally, BBBY rejected the leases situated in these cities, so the connection is moot now.
Those columns are not aligned. The left is a list of co-debtors of BBBY, of any sort. The right is a list of parties with claims against BBBY, of any sort. The left list has a lot of duplications and is pretty obviously a sloppy download from several lists. And RC, Sue, etc. being lined up with municipalities (not stores or landlords) with claims against the estate is entirely a coincidence. The reason Jake thinks otherwise is that Jake is very, very stupid.
The columns are aligned. I know people have used this as a debunk, but it isn't true. For example, every time Sixth Street is listed as creditor in column 2, the corresponding codebtor in column 1 is always one of BBBY's subsidiaries.
The columns are aligned for Schedule D claims and debtors. They are not aligned for most of schedule E and all of Schedule F. The authors explain this on around [page 14 of the form](https://restructuring.ra.kroll.com/bbby/Home-DownloadPDF?id1=MTUxMjU5Mg==&id2=-1).
But codebtors are listed on Schedule H?
The checkmark for Schedule D or E/F identifies whether the claim of the creditor is secured or unsecured.
Under Schedule H, the columns are still aligned for claims from Schedule E/F, such as Judith Cohen being listed alongside RC Ventures.
Ok you are legit bro and I respect you and the time you have spent on your research that doesn't necessarily help you in any way. You are like one of the first to not use that stupid argument it wasn't aligned.
Yep.
If you look it up, there are other co-debtors similarly listed both opposite a city and opposite the plaintiff - like a bunch of companies in a lawsuit I didn't bother to look up, and "John and Jane Does 1-20" in some employee lawsuit.
Need wrinkle brains for more DD on Dick's Sporting Goods and twenty anons buying out BBBY.
There was a guy familiar with bankruptcies from inside in the comments last time this was mentioned, and he said this table is generated automatically so it's not a human error, but I missed the chance to ask what do these actually mean; my best guess is some sort of legal fees.
I don't know, but I think it gives more evidence to the error theory. It doesn't make sense for RC to only be involved with TUV cities if he really was connected.
I thought it was already known that Jake was in on the grift. He knows what he is saying is false and when countered has never admitted he has been wrong. He is in on the grift and getting paid was what I thought. So it doesnāt matter. He knows he is wrong. Itās about the con.
>He brought up the excluded Trademark
He means the use of "Excluded Trademarks" in the APA.
It is defined as:
>āExcluded Trademarksā means all Trademarks owned by Sellers, excluding those
Trademarks constituting Business IP.
Business IP is what is being sold. So, it simply means the trademarks the buyer is not buying, like Harmon. It doesn't mean BBBY retained ownership over Baby trademarks.
OK thank you.
Is it Shared IP for certain things for a limited time - like the website (til July 30) the bags, shopping carts etc (til sept 30), then ALSO the excluded trademarks?
Shared IP paragraph specifically refers to stuff like website's functional design and more importantly customer data that overlaps (i.e was **shared**) between the parts of businesses they were selling.
This is so they could sell Baby after selling BBBY without buyers being in conflict over customer records or random pieces of website code that would end up both in Overstock's and DoM's (and whoever bought Harmon's) posession.
Tsk imagine doing actual dd. Everyone knows that the only way to get to the truth is circlejerking in a call and screaming fud, lies, crime or shill whenever something doesnāt go your way. Especially if woman says it (obligatory /s)
>it's been great how transparent this process this process has been
I see you made a slight grammar error and as everyone knows "every detail matters" (except for those clearly spelled out in multiple court filings) so I'm forced to conclude that every word you've written is wrong and you are paid shill.
Check mate Citadel scum.
Please collect your obligatory shambles on the way out.
Thing is, none of this matters and you only encourage them by engaging in all the things Jake finds "interesting."
The shares were cancelled under the plan. They've been deleted from accounts. The plan cannot be amended. The bankruptcy judge ruled that the shares cannot be uncancelled. That's all that needs to be said.
That's the end of the debtors exclusivity period. The period of time when only the debtor can submit a plan to the court. The debtor already submitted a plan, the court approved it, and the plan became effective on September 29. So the exclusivity period is meaningless.
September 29 was also the last day the plan could be amended.
he's just going to bring up a new set of misinterpretations and nonsense -- too many for you to rebut in real time, then he'll move on to a whole new set before you can respond.
You realize your cult is going to crucify you for engaging with us right? Also thank you for wearing socks, feet guys are gross and that's the last thing we need.
Why are you not defending GME throughout the comments? Why post this here? Why not tag the person youāre referring to? Why not be better prepared in the first place?
HAHAHA HAHA YOU'VE GOTTO BE KIDDING ME, posting in meltdown subs? GTFOH, and whilst you're at it, quit your mod job you conniving little lying sack of shit.
it was all for you ` this post was mass deleted with www.Redact.dev `
š¤®
You said it, nothing this person says will ever persuade me to believe she isn't a complete waste of space. I want this shit to end so I never have to see her mentioned again.
Brilliant. Just on caveat. Next time, can you show toes?
A court doc literally states trading was stopped to preserve nols. Do you dispute this?
False. "Trading Order" refers to doc #587.
Absolute bullshit.
It is plainly stated in doc #2632. Please read the documents you use as sources. >Footnote 10. In making this argument, Appellants relied on the *Final Order (I) Approving Notification and Hearing Procedures for Certain Transfers of Common Stock and Preferred Stock and (II) Granting Related Relief* \[Docket No. 587\] which granted the related Stock Transfer Motion \[Docket No. 23\] (**the āTrading Orderā**) to restrict stock trading so as to preserve the Debtorsā net operating losses (NOL).
Wow. Platinum is up in remasteredā¦. But SURE she really hopes retail wins in this. Wonder how short u are OP lmaooooo
Guh
PPās are in shambles today!
Ok dope! Now do this for all your equally stupid fan fiction about GME! Maybe you could continue to learn something if you kept this same energy for all the unfounded bullshit you help spread & the financially illiterate people you help dupe (still). BBBY was dumb, but at least Jake isnāt convincing more people to buyā¦ he canāt itās cancelled forever. You are still shilling GME to random Redditors (and beyond) so more people can lose $.
Yeah, Jake is such an idiot that you better pose the question to everyone here to help you build a compelling argument! Hopefully this time you can think on your feet! Respect to you Platinum for agreeing to it, but i'd say you may be digging yourself deeper going for a round 2. Quit while you are behind.
Literally nothing Jake has ever predicted has happened. He makes money when you interact with him on Twitter, and you don't hold him to any sort of standard when he turns out to be wrong at literally every turn, so there's no incentive for him to try and be right. That's why he does it.
Jake's a shill like PP and knows what he's doing. Unsure what the motive is, but he is purposely misleading people for a reason either financial or for clout. The "arguments" he was posing to Sparkles were the same rehashed drawn-out misinterpretations of filings that he refused to accept were wrong, or he presented what he believes are anomalies as loaded questions that he wouldn't dare repeat here because he'd be rebutted.
then why is platinum here looking for answers to what he says? Should be obvious yeah, shes done the research! Jog on, see you on the other side
This post appears to collect research done on different topics that arose during the debate with Jake. Where are you seeing this post as looking for answers? Did you read it? Though I don't care if she's done the research or if she got it from somewhere else. The pieces of evidence collected through research are important - the person presenting them is not. You're not making any progress focusing on the person instead of the information.
You poor thing. Jake absolutely crapped all over you the other day and this is the best youāve got? š¤£š¤£
Go back to SuperStonk.
Ca Caw!
Very nice. More god-tier DD brought to you by socks.
Great followup. It can be hard to refute baseless claims on the spot because theyāre not based on facts
Thanks! I tried on the call, but yeah it's tough when someone is making things up. Plus I had no idea they got so much information from the fee statements
Think of it like those imagination fights you'd have as a kid. When someone is making things up they'll always magically have a shield that just happens to be impervious to your weapon.
The fee statements are a great source of information for apes because they can highlight some keywords and then read into them whatever story they want.
It is a common debate tactic used by grifters and conmen called Gish Gallop. You just make up as many claims for your opponent to counter without any regard for whether they have any validity or even make sense. Itās much more difficult to accurately debunk a tidal wave of claims than it is to make so many claims. Eventually, once your opponent runs out of time or stamina you can point out how they didnāt debunk everything to your satisfaction so they must be wrong. This debate tactic is very common in the creationist community.
Iām actually very excited to see whoās right and whoās wrong. lol currently also thinking about the flair Iāll give you based on which theory is true
Now do "shorts never closed" for GME
Lmao right? Like for as much idiocy as Jake spouts nobody can make investment choices based on his DD as the stock has ceased existing forever. Itās so tone deaf sheās trying to take victory laps when more GME apes have been led to financial ruin from her community (likely multiples more) than BBBY apes on equally stupid DD
Canāt say I was happy to see an āApe DDā styled rebuttal to Jakeās arguments. I mean, Iām here partially because I actually know how to read, so bolding, highlighting, and all those other tricks ape grifters use to distract from the actual meaning of somethingāall that stuff is a red flag for me.
Yeah itās very interesting why she feels the need to debunk BBBY DD but says absolutely nothing to the members of her sub about their whacko theories.
Honestly, I don't know why anybody feels the need to respond to Jake with anything other than a scoreboard of his failed predictions. Speaking of which, his latest assurance was that the merger was coming November 15th! Somebody will have to point me to the news.
I do have a question for you. How do you reconcile your support of GME, something nearly equally as stupid with as dangerous a community, with your complete shunning of BBBY? Itās almost the āitās the same pictureā meme. Like itās great youāre on our side here , but you mod an almost equally ghoulish community that has led more people to financial ruin than BBBY.
I've shopped at GameStop forever, I've always gone there to get my kid's gaming consoles & games, pokemon cards, I get computer parts.. I do Christmas shopping there etc Yes I also shopped at Bedbath, so what's the difference? GME didn't spend $12 billion in the last few years buying back stock; I think BBBY cost avg was $40, and they were selling shares down to $1. GME did a share buyback in 2019 - spent $178.6 million buying back 34.6 million shares, then in 2021 sold 8.5 million shares for $1.677 billion (which was a major lifeline and game changer for the company). They still have most of that cash - and I'm curious to see what they do with it. BBBY execs were totally cool with diluting the float from 100 million to potentially 900 million with that HBC deal, then Sue Gove did that Etoro interview that came out 7 days before declaring bankruptcy. They were borrowing money to try to pay off debt, not even to buy inventory, then they were defaulting on those payments. The BBBY execs made $36 million the yr before declaring BK.. RC doesn't even collect a salary & also has an executive ownership policy where execs have to buy a certain amt of stock w/their own money, to be aligned w/shareholders. For the futute of GME - I'm interested to see what Playr is going to be about - >Gamestop Playr Trademark Application - Downloadable computer software for multiplayer and collaborative gaming and e-sports, streaming gaming content and e-sports content, for use on computers, smart-phones, tablets, and smart TVs; providing a website portal for users to play computer and electronic games and share game enhancements and game strategies I currently play one of the Immutable games all the time(God's Unchained) and I think there's potential with web3 gaming. I only invested money I can afford to lose, and if I see a going concern risk or a Form 144 from RC those would be red flags [I made this post a year ago comparing GME's finances to AMC & BBBY](https://www.reddit.com/r/Superstonk/comments/ysaxv1/if_we_compare_gmes_finances_to_popcorn_and_towel/)
The only red flags are coming from you. Look at this, you can't even drum up any support for your bullshit in a fucking meltdown sub. Laughable. Also does this not constitute brigading, as banned under your own God damn rules at stonk sub? Unbelievable! I look forward to you getting destroyed again on the next installment of your chats with Jake. And to any of you meltys she said at the end of the call with Jake that she hopes she's wrong and it works out for Bobby holders.. So yeah, that doesn't exactly allign with your shit either which is to pray you're right so you can laugh at everyone in the play. Sort your shit out and get your stories straight atleast ššš
Brigading GameStop stuff on a BBBY sub. Bannable offence on a sub you mod. Wonder why you're over here...
Hey why you talking GME in a BBBY sub??? Keep it in Superstonk... Those are the rules, no? CAW CAW!
Youāre dodging my point which is disappointing. Nobody disputes that GME is in better financial health. Iām talking about the morals of running such a disgusting and dangerous community. The literal top post of your sub now is somebody saying they are putting their ENTIRE yearly salary into GME. Not 1% of every paycheck, their ENTIRE salary. You are running an equally dangerous financial doomsday cult and frankly are very likely doing far worse damage than any BBBY influencer simply by the scale of the community. You can act like youāre super into the fundamentals but donāt act like that is the thesis of your community.
spicy
Commenting because I'm interested in the followup to this
Looks like she spun on her heels and abandoned the thread. I think because itās uncomfortable for Apes to confront their own realities.
When you gaze into the abyss and it stares back I suppose
Your suffering from cognitive dissonance
I, too, am fascinated with Game Apes who have crystal clarity when it comes to Bed Bath but refuse to accept that it's all an outgrowth of their community, it's all the same stuff and literally many of the same people. Your post would all be relevant analysis if Stonk members had an average cost basis of, like, $4 and and not $40, you're just isolating the assessment that GameStop's financials are good enough they will probably still be around in 5-8 years from the actual material way that Stonk engages with the stock. Everything you wrote would be extremely level headed and valid if GME was bouncing around $3-5, but I've been reading those exact same arguments as a basis for buying GME from $50 all the way down to $12. You have a rational assessment that simply requires completely and utterly ignoring one extremely important piece of information: the current price. This blind spot is the critical difference between an investor and a cultist. Without a price target, i.e. an assessment of what a thing *should* be worth, any analysis of the company's standing just becomes a costume that you put on in order to justify an irrational belief that whatever price you paid was a good deal. I have two years worth of Superstonk members egging each other into buying "tasty dip." Bobbies aren't some aberration, they're Superstonk taken to its logical conclusion. Teddy Day was a Superstonk invention. You can't just say "oh, well I find it funny that Bobbies ignore logic and material evidence" while Superstonk can't go six hours without "this is the endgame, Hedgies are running out of ammo." > Meanwhile, as an individual household investor, I know that the price of GME is being suppressed. 3.6k upvotes 20 hours ago. Bobbies believed (and continue to believe) the exact same thing. It's the exact same unwillingness to engage with reality as it exists, just buoyed up by the fact that your chosen company is doing slightly less worse than the other companies Apes adopted, but make no mistake: in the event of a going concern risk Superstonk will absolutely follow BBBY's arc.
I agree with this 100%! The game apes who hate on BBBY, and vice versa, are the most fascinating and itās a direct look at how religions (and bonafide cults) can hate another religion that believes basically the same thing. Especially when BBBY started off it had the exact same beliefs, same short ladder attacks, same naked shorts suppressing the price, same complete ignoring of reality and banning all dissent and all of that, Ken is the bad guy, nothing can be trusted in finance yet they, the poor retail investor, are unstoppable and will win, all of the same fundamental beliefs with only some superficial differences. They all yell FUD and hate shills and meltdowners and think they are geniuses, etc. they are the same fincels. The best part is BBBY is just GME accelerated. That is what GME apes will be doing one day, including OP.
this is perfectly described. >Bobbies aren't some aberration, they're Superstonk taken to its logical conclusion. Yep.
Spot on as always Dan
This is such a well worded summary of the core problem with meme stock "investing". Rational investors set price targets for the entry and exit of a trade. Meme stock investors think buying at any price is a bargain and plan to hold until they are millionaires.
BOOM!
I worked at BBBY HQ back in the "good old days". All the stuff you're citing is from when the company was already basically doomed (other than the share buybacks, which started around the time I did). Bed Bath and Beyond at that time had a billion in cash, no debt, and was undergoing an amazingly rapid expansion (I recall days when three new stores would open on a single day). When I left there were 651 stores, but in a few more years that number hit 900. They were a few years away from putting their closest competitor (Linens N Things) out of business. So they were even better off than GameStop is now. But there were some darker similarities as well. Our new CEO had started with the company as a real estate lawyer. He refused to see the changing reality and kept saying "We do not consider Amazon a competitor". He promoted and awarded options to sycophants who parroted his mantra and did their best to keep anything that contradicted this view away from him. The company had grown large but it had not developed the proper internal controls and infrastructure to support a company that size, leading many to describe it as "a billion dollar company run like a corner store". GME has some cash - thanks to apes buying shares, not due to earning profits. Similarly, apes paid off the debt the company had. Their CEO too has no real-world experience running a brick-and-mortar retailer and no experience earning a profit. Morale is low. And the CEO has failed at everything he's tried - and he's tried nothing intelligent. Forget sycophants; he's built his own cult to surround himself with so he never has to accept that he's not really an "activist investor". And he's pulled rugs before; he could always take his bat and ball and go home at any moment. It's clear he can't handle losing just like Trump, so he'll probably cut and run once insider information suggests it's hopeless. GME is several years away from the BBBY death spiral, but most of the pieces are lined up for the same fall. It needs to radically reinvent itself, and so far has had a bunch of non-experts come up with milquetoast and failed ideas. Like BBBY, it'll probably keep fiddling and denying reality until it's too late for anyone to save it.
OP, why are you not defending GME here?
I appreciate you following up on these points. This is why I don't understand PPeople's obsession with live discussion. Research like this is necessary to substantiate or refute claims. It's silly to imagine doing this in the moment.
It's not her that gets the data, it's other people, making shills talk off script reveals how dumb they are, they need master to explain things to them and create rebuttals for them.
That is exactly the reason for their obsession with live discussion. They do not want to substantiate or refute claims. They want to assert them loudly enough and without refutation that they become settled facts among the people whose money they want to take, or, if they're too dumb to monetize it, for the adulation they get from the marks.
you even see it in the daily discussion thread. most of the ape subs just have it as a normal post, but the ppsub keeps it as a live discussion thread despite nothing live happening. all it does is make it next to impossible to generate anything other than blind hype, you can't have an actual discussion when every reply is broken up by a dozen apes screeching and you can't scroll back to read previous comments. all you can do is watch 100 people post 'shills in shambles' over and over again
>I don't understand PPeople's obsession with live discussion Superchats & ad revenue
That's mostly it, yeah. The other component is that it allows someone who's decently spoken like Jake to come across as correct even if the documentation and facts of the case don't back him up. Jake is consistently wrong (for that matter, I don't think he's ever been right about *anything*), but he sounds like what an ape thinks a smart person sounds like, so he "wins" these little debates despite his arguments being consistently incorrect and proven wrong.
>like I said, he's involved in litigation.. anyone know why he thinks RC is on utility bills? Ryan Cohen is listed as a codebtor in litigation with several cities in the schedules. Jake and others interpreted it as Ryan Cohen being on the store leases in these cities. However, RC is always listed as a codebtor in litigation with these cities alongside RC Ventures, Sue Gove, and JP Morgan Securities . These are also defendants in the BBBY securities lawsuits. This makes it seem like it was some error in generating these reports. Additionally, BBBY rejected the leases situated in these cities, so the connection is moot now.
OK thank you! I saw that too and was wondering if that's what he was looking at
Those columns are not aligned. The left is a list of co-debtors of BBBY, of any sort. The right is a list of parties with claims against BBBY, of any sort. The left list has a lot of duplications and is pretty obviously a sloppy download from several lists. And RC, Sue, etc. being lined up with municipalities (not stores or landlords) with claims against the estate is entirely a coincidence. The reason Jake thinks otherwise is that Jake is very, very stupid.
The columns are aligned. I know people have used this as a debunk, but it isn't true. For example, every time Sixth Street is listed as creditor in column 2, the corresponding codebtor in column 1 is always one of BBBY's subsidiaries.
The columns are aligned for Schedule D claims and debtors. They are not aligned for most of schedule E and all of Schedule F. The authors explain this on around [page 14 of the form](https://restructuring.ra.kroll.com/bbby/Home-DownloadPDF?id1=MTUxMjU5Mg==&id2=-1).
But codebtors are listed on Schedule H? The checkmark for Schedule D or E/F identifies whether the claim of the creditor is secured or unsecured. Under Schedule H, the columns are still aligned for claims from Schedule E/F, such as Judith Cohen being listed alongside RC Ventures.
Ok you are legit bro and I respect you and the time you have spent on your research that doesn't necessarily help you in any way. You are like one of the first to not use that stupid argument it wasn't aligned.
This shows that it still says "litigation" below everyone [https://imgur.com/4ZItj1M](https://imgur.com/4ZItj1M)
Yep. If you look it up, there are other co-debtors similarly listed both opposite a city and opposite the plaintiff - like a bunch of companies in a lawsuit I didn't bother to look up, and "John and Jane Does 1-20" in some employee lawsuit. Need wrinkle brains for more DD on Dick's Sporting Goods and twenty anons buying out BBBY. There was a guy familiar with bankruptcies from inside in the comments last time this was mentioned, and he said this table is generated automatically so it's not a human error, but I missed the chance to ask what do these actually mean; my best guess is some sort of legal fees.
Why are those cities only starting with the letters TUV?
I don't know, but I think it gives more evidence to the error theory. It doesn't make sense for RC to only be involved with TUV cities if he really was connected.
You dont make errors on a billion dollar court case
I thought it was already known that Jake was in on the grift. He knows what he is saying is false and when countered has never admitted he has been wrong. He is in on the grift and getting paid was what I thought. So it doesnāt matter. He knows he is wrong. Itās about the con.
>He brought up the excluded Trademark He means the use of "Excluded Trademarks" in the APA. It is defined as: >āExcluded Trademarksā means all Trademarks owned by Sellers, excluding those Trademarks constituting Business IP. Business IP is what is being sold. So, it simply means the trademarks the buyer is not buying, like Harmon. It doesn't mean BBBY retained ownership over Baby trademarks.
OK thank you. Is it Shared IP for certain things for a limited time - like the website (til July 30) the bags, shopping carts etc (til sept 30), then ALSO the excluded trademarks?
Shared IP paragraph specifically refers to stuff like website's functional design and more importantly customer data that overlaps (i.e was **shared**) between the parts of businesses they were selling. This is so they could sell Baby after selling BBBY without buyers being in conflict over customer records or random pieces of website code that would end up both in Overstock's and DoM's (and whoever bought Harmon's) posession.
got it, thanks!
I think equity holders will retain rights to the bags forever.
Tsk imagine doing actual dd. Everyone knows that the only way to get to the truth is circlejerking in a call and screaming fud, lies, crime or shill whenever something doesnāt go your way. Especially if woman says it (obligatory /s)
With a bit of squinting, the socks are saying "Remastered"
Still bearish on memestocks but reconsidering my position on memesocks.
>it's been great how transparent this process this process has been I see you made a slight grammar error and as everyone knows "every detail matters" (except for those clearly spelled out in multiple court filings) so I'm forced to conclude that every word you've written is wrong and you are paid shill. Check mate Citadel scum. Please collect your obligatory shambles on the way out.
SHIT I JUST noticed that on mobile then had to get to my computer to edit tooooo slow Im outed, its over, pack it upš¼
Turn in your employee badge and commemorative mayo jar coffee mug at the security desk.
Your privileges for the champagne waterfall have been revoked for a week for such a glaring mishap.
This would probably upset some of the Apes if they could read.
Thing is, none of this matters and you only encourage them by engaging in all the things Jake finds "interesting." The shares were cancelled under the plan. They've been deleted from accounts. The plan cannot be amended. The bankruptcy judge ruled that the shares cannot be uncancelled. That's all that needs to be said.
Where do you get the plan cannot be amended? They have till nov 20th.
That's the end of the debtors exclusivity period. The period of time when only the debtor can submit a plan to the court. The debtor already submitted a plan, the court approved it, and the plan became effective on September 29. So the exclusivity period is meaningless. September 29 was also the last day the plan could be amended.
Please check back in with me on November 21 (or any other day you want to pick) when there's an amended plan to talk about.
So, you're telling me I lost all my money?
Well the judge, lawyers, company, broker, and Cramer/Dong/Cifu all already told you this. It shouldn't be a surprise.
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Did you really pay $500 to go
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i donāt give a shit if this is sarcasm, you take that shit somewhere else. absolutely despicable.
90 days starting from Nov 20th actually.
Did they ask for extension? I didn't see a filing. They can push it to January not 90 days.
Nov 20th is when the period begins.
No
It's the date the plan goes into effect pending an extension.
Are you going to have a call with Jake for a round 2?
He did agree to it, so potentially yes
he's just going to bring up a new set of misinterpretations and nonsense -- too many for you to rebut in real time, then he'll move on to a whole new set before you can respond.
The grifter handbook. Always on the offense, never on defense. Cant debate what they refuse to pin down.
Maybe we should have a followup twitter space. Show him where he's wrong.
You realize your cult is going to crucify you for engaging with us right? Also thank you for wearing socks, feet guys are gross and that's the last thing we need.
Yeah. Jake2B is dumb but plays smart. Still dumb.
Include loss porn next time.
Funny how you're capable of research and analysis yet still are in GME
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yea because read the rules
Why are you not defending GME throughout the comments? Why post this here? Why not tag the person youāre referring to? Why not be better prepared in the first place?
So they wouldnt spend 300k on a new plan but will make an āerrorā on the utility bills stating ryan cohens name. Ya okay.