Why do the mods allow the BBBY general to stay up?The shares don't exist anymore. They lost everything.Therefore it's no longer relevant to "Business & Finance"; it's just a cult now.
i think its humanitarian of them to allow some of the most financially irresponsible people on earth to waste each others time discussing something they cant possibly lose any more money on.
The reason for this seethe thread is that BBBY (formerly Overstock) and 20230930-DK-Butterfly (formerly BBBY) are in the process of a merger as proved by the issuance of warrants BBBY-WT by BBBY/OSTK using the unique issuer code/CUSIP-6 identifier for BBBY/20230930-DK-Butterfly.A quick analogy to understand the concept succinctly: The ticker that a stock trades under is just shorthand for easy human reference much like a DNS for a website. Just as the real connection to a website is not the URL but the IP address, the real connection to a security for the settlement system that underpins global finance is the CUSIP number. >CUSIP-6 for BBBY/OSTK 690370>CUSIP for BBBY/OSTK shares690370106>CUSIP-6 for 20230930-DK-Butterfly075896>CUSIP for cancelled shares of 20230930-DK-Butterfly075896100>CUSIP for BBBY-WT warrants issued by BBBY/OSTK075896159As you can see, the CUSIP-6 for BBBY-WT proves that BBBY/OSTK and BBBY/20230930-DK-Butterfly are in the process of a merger. The value of the merger is in the ~$1.7B in NOL carry forwards which will reduce the tax burden up to 80% per year until depleted. Paid stock bashers hired by the people who shorted BBBY/20230930-DK-Butterfly into bankruptcy have infested every online space where the subject is discussed because all of those shorts will be realized upon completion of the merger.Now while the shares of 20230930-DK-Butterfly have been cancelled, the interests formerly represented by those cancelled shares can be issued new shares in the post-merger entity. Indeed cancelling shares is a routine part of every merger. For example. BBBY/OSTK just announced a merger with TBHC (formerly Kirkland's) under which the shares of TBHC will be cancelled and TBHC shareholders will receive 0.2 shares of BBBY for every share of TBHC.So who cares? The trade is locked in, right? Wrong. That's why the paid stock bashers are here. BBBY currently trades for ~$5.84 and BBBY-WT currently trades for ~$0.67.
>>61401632it is an important insight into the psychology of peoplehave you actually lost money if you most certainly believe you still own an asset? delusion is a powerful thing.
>>61401632Mods are literally troons and furries. BBY is a reddit meme. Put two and two together.
>>61401632I mean bbby still exists though. You piss and shit yourself when they post in the gme thread but ask why a thread that you keep telling them to go to exists? How does that make sense. Yet again your logic makes little to no sense. Quit being an emotional bitch and get ready to be railed. If you’re larping quit larping faggot.
You actually made a crying shill general. I love it
>>61401632Technically BBBY shares do exist (not the old ones though)
>>61401667kekThis. If your shitty investment has a general thread on this board, congratulations you're a baggie. Not only that, you will never make money also you will waste your life arguing about why you will never make money.There really isnt anything more pathetic than marrying your bags.Oldfags left this board a long time ago. I'm so glad they got rich in 2020-2021 because investing is shit now. Its so incredibly boring and fools have signed a deal with the devil to die holding their bags even when their bags dont exist. The worst thing they do is convince gullible retards to join them.Its very jewish and izzat coded.
>>61401632I know you're all bots, Indians, and hedge-fund scammers. I know you won't read this, but I'm writing it anyway.I'm a poor Euro, I read the financial advice on this message board, and I invested all my savings, about €50,000 at $1.I just wanted to tell you that I'm ruined.I hope you don't ruin other people like me, and in any case, know that scamming people will bring you bad luck.Good night.
>>61402691of all the threads and posts here, you listened to the towel apes?
>>61402691>>61402649pretty pathetic low-tier shill attempt your pay has been docked 2 rupies/hr
>>61401909The evidence speaks for itself. All they can do is cry about it. >But it went bankruptlol. lmao even.
I think BBBY is the only play that's going to get anyone rich relatively soon. GME? GME will only happen once BBBY does.Are we going to see Thanksgiving being made great again?
Market is closed today by the way, but that doesn't mean things can't be happening behind the scenes, as we've already seen.
>>61403322Market for this stock was closed when it was canceled.
>>61401632I dislike that guy. He does decent work, but I hate all "self help influencers" who preach shit about "You can't change the world, just worry about yourself". Those faggots forget it's the combined efforts of their forefathers before them who created opportunities for them to succeed in the first place.
>>61402691I voted for this
>>61402613I’m a bag holder fag loser but I have never discussed my bag with anyone not even when it was rocking and rolling. This place don’t count.
>>61401909You guys are too far gone man... you've all gone full schizo. How many years until you admit that you were wrong? All you've managed to find are a bunch of "ok, but maybe" and lately "ok but it would still be technically possible". And let's face it, it's not even you that's doing any searching, it's some moron like pp or jake or fucking sal that keeps adding his bullshit to the fantasy you have created. It's pathetic. You're delusional. Move on. And even if you end up being right about the shell being used eventually, you are not getting anything. You are getting absolutely nothing. Who in the world would bother to find money to distribute it to others when they don't have to? And let's say your shares do come back by some absolutely fucking miracle, the shorts are gone. Gone. The ticker went to zero, you don't pay any taxes on zero. Why would they keep it open? And say you actually get 50¢ back.. nothing's going to happen. Absolutely nothing. It won't fucking move.
I wish we had a board for crypto only instead of stock faggots, rock faggots, business faggots and things i don't understand. (I don't even understand what a blockchain is i just care about making money) I don't care about your gay little generals. We could call this new board /cc (clussy and crypto)
big beautiful busty yids?
>>61401667They are still buying bonds and refusing to claim the loss on their taxes, so they can possibly lose more money
Why won't those naughty apes sell their BBBY! I told them their shares are cancelled by they don't listen. How do I get through to them?
>>61401667lmaoo
>>61402691if only you listened to /pmg/ instead... Sad, but hopefully you learn from your mistakes and next time you got some savings it ends up in the right place.
>>61405622I feel genuine pity for you. Do you have a patreon where i can land you $1?
>>61406579Fuck
>>61406598Show me your tits (with timestamp).
>>61401632Idk brownness seems like a physical one more than a mental one
Why hello, Mr Cifu. People sit on that black couch over there, look in the camera, and tell us your name and age.
>>61401632They're obviously crashing BBB to suppress link.
>>61401632What? Bbby is on think or swim for me. I think they just stopped having stores in faggot California which is pretty based desu. Younger generations are going to have to furnish homes, but that shit is probably going to be a slowburn if inflation is out of control.
>>61406686Is this from the official warrant filing from BBBY? If so, doesn't this eliminate the whole "it's just a glitch" theory?
>>61407031It's from the OCC (all of the existing BBBY options contracts at the time of warrant dividend were adjusted to include warrants as deliverable upon exercise). CUSIP is a backend thing so it typically isn't released as part of the SEC filing, but you can verify it through OpenFIGI which is an international non-profit that organizes by scraping metadata for financial instruments. https://www.openfigi.com/about/overviewThis open source project makes it easier to search by CUSIP and shows the FIGI composite numbers that you can cross reference on OpenFIGI if you want:https://requiem.com/cusip-lookup/075896159/Which is to say, yes, the whole "it's just a glitch" theory is completely debunked. But these paid stock bashers have no response to the evidence which is why all they can do is gaslight, troll, lie, mock, and so on as you see in this thread and in every GME and BBBY thread. The data speaks for itself. They are completely exposed by publicly available data and the only way they can buy more time is if they pretend everything is fine and keep giving away free money, but all of that ends when the merger is complete.
When,?15 days
>>61402691i don't get it, isn't bbby still traded on the exchange?
>>61408232That is the stock that had warrants issued for it. The old equity did not have warrants issued because it was canceled.
>>61407311The CUSIP for BBBYQ was canceled, the warrants are for BBBY. BBBYQ former holders did not, and will not get warrants for a stock they never held. You are never getting anything for holding a stock into cancelation.
>>61408232BBBY used to be Overstock. They're in the process of merging with DK-Butterfly which used to be BBBY. This will revive the 1000%+ short interest in DK-Butterfly as it merges with BBBY and force shorts to realize losses, which is why the shorts hired paid stock bashers to shit up every place online where BBBY/DK-Butterfly is discussed. All of the details are in these posts:>>61401909>>61403102>>61405622>>61406686>>61407311Fun facts about Carl Icahn: he's infamous for doing leveraged buyouts and converting debt to equity. His company IEP was targeted by short-and-distort firm Hindenburg Research, now defunct, and IEP was shorted to 20 year lows in an attempt to force Carl Icahn to be margin called on the loan he secretly took out against his IEP shares (for which he paid a few million dollars in fines because he didn't tell IEP shareholders in time). In late 2022, BBBY/DK-Butterfly reported substantial bondholders converting debt to equity and then on January 13 2023, Pitchbook (private equity equivalent to Bloomberg Terminal) reported a leveraged buyout for BBBY/DK-Butterfly. Then a few months later IEP lost 60% in a few weeks under the short-and-distort attack and ultimately fell around 85% over the next few years.The paid stock bashers seethe because you can still buy cheap pre-merger tickets on the WAGMI train through BBBY and BBBY-WT. They seethe so much they create dedicated crying threads like this one.
>>61408695only the original BBBYQ and BBBondchads will truly wagmioverstockfags will get crumbs i supposebut the OGs will become the galactic god emperors of the financial multiverse
Oh stock bashers, come out and bash. Can't let your crying thread get archived now can we?
>>61408695Old BBBY aka DK-Butterfly merge with new BBBY aka Overstock.If new BBBY market cap Is 0,4B and debt of old BBBY Is 2B, the new BIG-BBBY Is 2,4B entity. The start for new BIG-BBBY Is 30$ x every 1 share.I dont sell before 25B market cap or 300$/share
>>61401632maybe it's a bot training camp
>BIG-BBBYkek
BIG-BIG-BBBY.
Short squeeze incoming.
>>61411643Big big BBBY Short squeeze incoming.
>>61408695>>61401909you don't understand how shorting works. bbby was dissolved, and with it all short obligations
>>61411655Wrong. Squeal for me piggy. >>61405622>A short sale creates a synthetic long. All longs are legally purchased and entitled to the same consideration. The obligation to reconcile the imbalance falls on those who sold something they didn't own in the first place, which is why you are here crying about it.
>>61401632JFC... what a bunch of fucking mentally broken losers
>>61411723>All longs are legally purchased and entitled to the same consideration.The shares were considered canceled, which means they no longer exist. Longs wiped out, shorts free and clear. Maybe you can get a case to the supreme court to undo this, but not likely.
>>61401632I don't think they're actually serious, they seem to post exclusively in the /GME/ general to antagonize them instead of any activity in their own thread.
Reminder that-baggie generals still exist-link and xrp tards spamm the board with trillions of threads-scams like meme coins are allowed to flourish-if you post any actual alpha whether that be 'guys I have imminent knowledge that this stock will 5x in the next year!' or 'nucoin is funded by glowies, it's the next big cabal coin, 1000 dollars eoy' your posts will be trashed and you will catch a vacation while all the aforementioned baggies and scams go unmolested
They will never debunk the data because they can't. All they can do is cry, lie, change topics, and most of all try to manufacture consensus. The data doesn't lie and the evidence is indisputable. >>61401909 >>61406686 >>61407311>>61413003So we're going back to the classic lies for your crying thread is it? The lurkers won't know any better is that the plan? Easy enough to remedy. Share cancellation means nothing--claims were cancelled too but the paid stock bashers never try to argue that creditors have no right to receive money. Let's say, hypothetically, that there is no merger (there is). Let's say, hypothetically, that instead liquidations and litigation produces more money than necessary to pay off creditors. Let's say, hypothetically, that there's a billion dollars leftover. What happens to this money? Does it all just disappear? Does the government take it all? Of course not. That money goes to the shareholders because cancelling shares does not cancel interests represented by those shares. Now let's say, hypothetically, that the billion dollars is to be divided between 100 million shares for $10 per share. But there are a billion shares floating around because of all the short selling. What happens now? There's no way to distinguish between someone who bought a "real" share and someone who bought a counterfeit naked short share. All shares are equally real. Is the money per share simply reduced to accommodate all the illegal shares? Do shareholders receive only $1 each instead of the $10 they should? Of course not. Every share is entitled to the $10 in this hypothetical example. So where does the extra $9 billion come from to pay everyone? The short sellers, of course. They sold what they didn't own and are therefore required to deliver all entitlements owed for those shares. Cancellation of those shares means absolutely nothing. It is simply a legal process to allow for Chapter 11 to proceed, and shares are always cancelled in mergers.
>>61413542Hey congrats on being so smart and imminently rich, we're all really impressed! You're totally not a delusional mark that got had by some billionaire that you decided to worship
>>61413156X5 ?Naaaa.Is X10. The start. X10 @ 30$/share.After?60>100>150>222>300$> doug cifu rekt
>>61413864Cope you dirty zionist
>>61414106Ryan Cohen is Jewish btw
>>61413864>weWhy are you so upset that you make a thread just to cry about it? Do you think nobody can see that you never disprove the evidence? Make more threads to cry about it. I think it's funny. Maybe I'll start posting the evidence in SMG so you have more work to do. Would you like that, crybaby?
>>61414547you lost all your moneyhow many years must pass until you accept that?
>>61414590More crying. Still no debunking of the evidence. >How many years?IRC Section 382 requires a 3 year testing period when there is more than a 50% change in ownership among shareholders who own more than 5%. Essentially the acquirer must wait 3 years after such a change in control before merging otherwise there will be perpetual annual limits to NOL use.>>61401909>>61403102>>61405622>>61406686>>61407311>>61408695
>>61414628Looks like the crybabies didn't like >>61405622 and had it deleted. Reposting:>>61404454You seem terribly upset. So much so that you're lying in your crying thread to try to scare away lurkers from buying winning lottery tickets.>How many years until you admit that you were wrong?IRC Section 382 requires a 3 year testing period when there is more than a 50% change in ownership among shareholders who own more than 5%. Essentially the acquirer must wait 3 years after such a change in control before merging otherwise there will be perpetual annual limits to NOL use.>All you've managed to find areIncontrovertible evidence of a merger due to the way the global settlement system for the trading of financial instruments is handled, yes.>And let's face it, it's not even you that's doing any searchingThat's where you're wrong, kiddo.>It's pathetic. You're delusional. Move on.Imagine being this upset over something that doesn't affect you. Unless, of course, it does affect you. Or more specifically, your employer.>And even if you end up being right about the shell being usedI am. Thank you for the concession.>You are getting absolutely nothing. Who in the world would bother to find money to distribute it to others when they don't have to?Oh but they do have to. When a tax-free merger [IRC 368(a)(1)(A)] occurs, the target company’s NOLs carry over to the acquiring company; however, for a merger to be considered tax-free, at least 80% of the total consideration must be paid in the form of voting stock of the acquiring company, especially in a reverse triangle merger [IRC 368 (a)(2)(E)].>And let's say your shares do come back by some absolutely fucking miracle, the shorts are gone. Gone.A short sale creates a synthetic long. All longs are legally purchased and entitled to the same consideration. The obligation to reconcile the imbalance falls on those who sold something they didn't own in the first place, which is why you are here crying about it.
>>61414628So can you give us a date now when you expect to get rich, and when nothing happens, will you accept that you were scammed and move on with your life?
>>61413996FUCK OFF FAGGOT BAGGIE I'M NOT TALKING ABOUT YOUR FAKE DELISTED STOCK
>>61414642When are you gonna stop crying about it and debunk CUSIP-6 or any other evidence?>>61401909>>61406686>>61407311>>61414639
>>61401632It's not out of mercy, it's a zoo to contain stupid animals. It's quarantine. At the moment you feel a personal connection with a stock or crypto coin, you have gone full blown retard.
>It’s afraidhttps://warosu.org/biz/thread/61401632#p61405622One side has evidence. The other side has insults and goes crying to the jannies to shut it down even when they make a thread to cry about it.These are paid stock bashers. They infest every online discussion space to try to control the narrative. Their employers are locked into a catastrophic short position that will be realized by a merger that has been proven by the CUSIP-6 for the BBBY warrants. They are doing everything in their power to contain the problem as much as possible. BBBY is a golden ticket to making it that only costs $6 for a share or $0.70 for a warrant.
>>61414671300>500>800>1000$ x share....and Doug cifu rekt him
>>61414702the people who felt connected to btc and nvda have outperformed anyone else
>>61414725just tell us the date that you'll all be rich
Thankyou Doug cifu .Next year this car Is my garage
Oooooooooo lamborgeeeneeeeeee
>>61413542>hypotheticallyThere is nothing hypothetical. You and anyone else that ever held shares of BBBYQ is ever getting anything for them. Shorts will never have to pay anything back for shorting into cancelation. No one or no law can ever change this. You lost.
>>61414725>Their employers are locked into a catastrophic short positionThe stock was canceled, these shorts you keep sneeding about no longer exist and will never exist again.
>>61414851Doug isn't buying you anything, even though he could afford it.
>>61415104It’s Sunday. You need to touch grass if you think engaging with retarded towel niggers is a productive use of your time. Are you just a larping towel nigger yourself?
>>61414909>>61415021>>61415104Jesus, you post like such a hedgie boomer. They're really getting desperate with the people they have shilling now.
>>61404483This board was originally made for crypto to remove it from /g/. This IS the crypto board, but other business and financial things can be posted here as well.
>>61406554>Why won't those naughty apes sell their BBBYbecause they literally cant because their shares dont exist anymore>>61401632idk maybe its one or two shizos and the rest is just there to make memes
>>61415122You post like such a canceled share baggie. You must be very desperate for your canceled equity to come back. Too bad it's never happening.
>>61415115>Are you just a larping towel nigger yourself?No, I wasn't stupid enough to buy shares in a company while they were going bankrupt.
Crying shills can't explain away the CUSIP and it kills them inside.
>>61415383nigga nobody cares about your fantasy you have NO MONEY LEFT
>>61415383BBBYQ CUISP 075896100 was canceled. Anyone who held this is never getting anything.
>>61415414>BBBYQ CUISP 075896100 was canceledsource?
>>61415447>source?The source is me.
>>61415456>provides extremely gay sourcesorry to disappoint but i'm not a fucking faggotgood luck with that though, homo
>>61401632>The shares don't exist anymore. If you kept them on an exchange maybe. I hold paper shares and I've had to change my phone number multiple times now because hedgies keep finding me and demanding that I sell it to them.
>>61415481Good luck getting anything for your shares.
>>61415456Your brain Is sick
>>61415498But not Is your problem .
>>61415104Kek amy
>>61415414>BBBYQ CUISP 075896100 was canceled. Anyone who held this is never getting anything.Hmmm, interesting that the new BBBY warrants were issued by this CUSIP isn't it?
Citadel shill defending Virtu shill on a stock both companies are short
>>61416226It was not. Canceled shares can not issue warrants. Warrants were issued by the new BBBY and are warrants to purchase the new BBBY. The old equity is not involved.
>>61416513but the old companies CUSIP-6 was used, and the judge himself stated that full recovery for shareholders is fully possible.
>>61401632Why am i getting videos from that PAJEET all of sudden?
>>61416513It doesn't matter if the full CUSIP is used or not, if the company identifier is being used then it's proof that the bankrupt entity is still in use. It's impossible for this unless class 9 is made whole in some way.
>>61416961>>61417040No. Former holders of the canceled BBBYQ are getting nothing. If you were, you would have received the warrants for your canceled stock. You didn't, and never will.
>>61418039cancelled shares are being held in a trust in the ongoing investigation about the malicious destruction of the company by Virtu and others.
A FUCKING CRY GENERAL HAHAHAHA
>>61418054>the shares are protected by Vishnu you bloody bitch!!!! Fuck your bitch pussi!!!!!!You're not getting your money or your izzat back
>>61419333Your knowledge of Indian "culture" very clearly betrays the color of your shitskin
>>61419126They made a thread just to cry about it
>>61418039the judge literally said shareholders can still be made partially or fully whole, your presence here has been one of the most exciting data points besides all the obvious actions by RC. Platinum sparkles is a huge morale boost as well, literally feeding her info for a debate with jake2b, like my god its just too perfect.
>>61401632its all bots...all general threads are 99% bots and 1% fuckwits who are too stupid to realize it. The shills are pretending they hate themselves (they ARE the hedge funds) people who are literally funding the thread so people buy the baggies.
>>61422283* him>>61418039Hello, Dougshit Cifu.
>>61422283>your presence here has been one of the most exciting data pointsGood, that will just make you crash out even harder when the bankruptcy is over and you still have nothing.
>>61401632wrong ;^}
It is important to keep the scitzos in one place.
They made a whole thread just to cry about it. Who does that?
>>61401909you have been having this cope for years now. I remember when I joined years ago those were some of my first threads. you NPCs are some fucking stupid animals and should be castrated
Bed Bath & Beyond
>>61425571>when I joined Joined what?
>>61425571>Said by an animal that cant use its frontal lobe to simulate the future beyond today
>>61425571>when I joined years ago>those were some of my first threadsyour tenure is about to end uh oh stinky
>>61425571>lmao the CUSIP-6 "cope" as you call it wasn't even a thing until 2 months ago. Holy fucking seethy weethy over here being paid to "think"
>>61415383its been explained a million times you just dont accept facts
If you get your BBBY shares up I will suck your dicks. Line up to my door from the back yard Ill suck your dicks until you bust until every BBBY baggies gets a best bust and beyond.
>>61401632Dr k and his yoga stuff and jeet psychology saved my life. No joke.
>>61428347let us hear just one explanation then.
>>61428381Seems like a strange position for an uninterested party to take.
>>61401909>That's why the paid stock bashers are herein which country to they live? the chainlink retards picked bulgaria as the home of their bashers, they call them "fudders"
>>61428465aww, the little fella's hungry
>>61428486>in which countryRootless cosmopolitans
>>61428381MFW
because it's fun to laught at kek baggies
>>61401632baggies cry and whine about unfairness in the market. Meanwhile the rest of us are still making money. Leave them alone, let them die the slow death they wish for.We've all done it, I know I've held on to shit with a hope and a dream. It's not even a real world issue besides shitting up this board with 8 year old reddit posts.
>They're still crying about it
>>61401909Jesus Fucking Christ, anon…
>>61433632They fucked with my comfy thread.
>>61422852Not doug.
Did you crybabies run out of tears?
Cry sisters what happened? Why won't you cry anymore? Are you in a cry meeting? Are you trying to stifle your sobs and hope it goes away?
>>61401632Why do we still have GME threads for a stock event that happened 5 years ago?
>>61439102Because that stock still exists.
They won't cry in their crying thread anymore. They've devoted all their tears to /GME/.
>>61408695u are mentally ill anon, no joke
>>61442065Thank you.
>>61401632Because WAGMI
