that's why im asking you, frens. can someone tell me if anon in this thread is right or should i avoid this play and he is full of shit. question is simple, buy or not to buy BBBY-WT.>warosu org/biz/thread/S61433566
>>61452502I was looking for that thread and then it got censored. I think the risk is that the CUSIP thing really is a glitch and RC isn't involved. I lost my ass on the first BBBYQ, so I'm not buying Overstock. Will have to hope former shareholders are preserved.
>>61452502I think the fact that the CUSIP-6 for BBBYQ is still, to this day, being used on the BBBY warrants on every single platform, largely points to the fact that it isn't a glitch. Every other glitch we've seen is corrected pretty fast, but it's been months with no change, and the anti-BBBY crowd has literally zero answer to it, which is another compelling sign. That's leaving aside the matching dates between the warrants of BBBY and GME and the speed with which the warrants were issued. There's simply no way BBBY could have underwrote and issued those warrants in the less than 2 week from when GME did.Also, this idea that the CUSIP somehow "transferred" to BBBY when they bought the IP from BBBYQ makes no sense. Leaving aside the fact that's not how that works, the bonds of BBBYQ are still active and use the CUSIP-6. It defies logic that BBBY would just decide to use some random CUSIP instead of their own in this circumstance.
>>61452502OP of the linked thread is correct about the CUSIP relative to warrant issue. There is something going on where it appears that overstock and BBBYQ are linked. The issuance of BBBY WT and GME WT seems like too much of a coincidence to dismiss. I personally have a 10:1 ratio of GME WT to BBBY WT because that is about the issuance ratio of the two. The wording in both warrant issuance allows another equity to be substituted for the warrant. That might be typical legal wording or it might have specific meaning. If a butterfly merger were to occur involving DK butterfly former holders of a bankrupt BBBYQ would likely receive some of the new equity. I personally suspect that both GME and BBBY warrants would be next in line. This is 100% speculation on my part and only based on the use of the CUSIP and unlikely coincidence of two identical warrant issuance. Shills seem very fired up about this and that tends to reinforce my belief that there is something to this. Someone is paying people to keep this discussionlocked down on forums such as this one which is bullish. You do you, warrants are cheap and tradable like any other equity so you can get in or out based on your risk tolerance. I am in deep with canceled BBBYQ and have bought into Overstock and GME both shares and warrants. Good money after bad I suppose.
>>61452535>Will have to hope former shareholders are preserved.They were wiped out when the stock was canceled. They can not and will not ever get any recovery.
>>61453853They can and it looks like a very real possibility they will. What is your goal? We can't sell our cancelled shares unless they come back as a new equity. It took 4 posts for you to show up in this thread, why so long?
>>61452502>>61452535Always a good sign when a thread offering alpha gets purged suddenly.
>>61453423Based meme, king.
>>61452502Did they get out of bankruptcy? >$-5.56 EPS.Sounds like a shit play for warrants with an exercise price of $15.50 and a stock trading at around $6.30.
>>61455554BBBY is OSTK rebranded but the CUSIP for the recent BBBYW warrant dividend uses the unique identifier for the old bankrupt BBBYQ which indicates a merger.TTM for BBBY/OSTK is -5.56 but losses are rapidly narrowing and the last 3 quarters beat by 30-50%. FTM is -1.95 before factoring in new revenue and growth strategies. Additionally the tax credits from the merger will significantly offset losses. They have enough cash to coast at current losses for 3-5 years so bankruptcy is not a concern.Post-merger the capital raised from exercised warrants and possible ATM dilution should replicate the GameStop strategy of becoming profitable on interest earned from cash even if operations take a few years to clean up.
>>61455586>Additionally the tax credits from the merger will significantly offset losses. What merger? They already have tax credits for being unprofitable, and they're still on track to being unprofitable so there's zero point to get more tax credits.
bump
>>61455605>What merger?Read the archived thread in OP>They already have tax creditsMost of them expired>still on track to being unprofitableYou still have to pay income tax even if you lose money, and they should be profitable within a year if the new growth strategy works. Their narrowing losses are due primarily to cost cutting and restructuring.>there's zero point to get more tax credits.DK-Butterfly has billions in tax credits and if the business continues (i.e. merger) they can write off 80% of income tax until those credits are depleted. It’s significant.There’s not any point in debating the merits of why there would be a merger, because the CUSIP evidence proves there is a merger.
everything cool and all, but noone answer my question. bbby-wt, buy or not.
>>61457376NO
>>61457420can you elabroate?
last bump
>>61453909>unless they come back as a new equityThis will never happen.
>>61457000>Read the archived thread in OPI just have, it's completely delusional.>Most of them expiredThere's no expiration on deferred tax credits. The losses were also incurred from operational losses over the last 6 years. >You still have to pay income tax even if you lose money,Yeah which has still had the business unprofitable. >DK-Butterfly has billions in tax credits and if the business continues (i.e. merger) they can write off 80% of income tax until those credits are depleted. It’s significant.From what I can tell no, they already have no income tax from years of unprofitably. Think you're fucking nuttier than the Gamestop baggies if you believe this shit.
>>61457376>buy or not.It's a fuck no from me.
>>61459040>I just have, it's completely delusional.So explain to the class how CUSIPs work. >There's no expiration on deferred tax credits. Yes there are. They had $200 million and much of that expired in 2020 and 2024. They had $25 million in 2023 and probably little if any remaining. They haven't reported any at least on recent 10-K. There are also IRS Section 382 rules that limit NOL use in the event of a change in control. You don't have the slightest idea what you're talking about. >>61458796Use your best judgement. It's your money. It looks like a good entry point based on the chart if you decide to buy.
>>61459489>Yes there areNo there isn't retardhttps://www.investopedia.com/terms/n/netoperatingloss.asp>The rules governing NOLs have undergone significant changes in recent years. In the mid-2020s, NOLs can be carried forward indefinitely until the loss is fully recovered, but they are limited to 80% of the taxable income in any one tax period.
>>61457376You do you. I bought and will probably buy more as long as they are trading under a dollar. I intend to convert to the new equity when it launches.
in thread OP linked, op there talks about x400, if it's even remotly possible, why noone jump on this with millions?
>>61459698>In the mid-2020sOh okay so I guess that retroactively gives them the expired NOLs back.
No one can answer the question of why DougCifu was kicked out of his company.LOL
>>61457376Sure, just know it is not related to the old equity despite what the grifters say.
>>61461781>it is not related to the old equityThen explain how the warrants they issued use the CUSIP-6 for DK-Butterfly.
>>61461831DK-Butterfly can't issue warrants, so it's impossible that they are related.
>>61461900That's not an answer. Why do the BBBY warrants use the CUSIP-6 for DK-Butterfly if they are unrelated?
>>61461981Because the CUSIP-6 was transfered to the new equity, which is BBBY, owned by Marcus Lemonis who issued the warrants. BBBYQ canceled interests did not get warrants because they were wiped out by the bankruptcy.
>>61462551https://www.investopedia.com/terms/c/cusipnumber.asphttps://www.cusip.com/identifiers.htmlFirst of all cusips don’t transfer and are never full (all 9 digits) reused. A company still with active claims and a chapter 11 process still needs a cusip-6 as an identifier. Try looking at this:https://www.cusip.com/pdf/news/CUSIP-ACommonLanguageForEfficientMarkets_2022.pdfCUSIP-6’s are permanent, if the security is gone and done with the cusip is archived never reused, the entire cusip concept is that of permanence. So the bbby warrants having the bbbyq cusip-6 means M&A activity should be expected within a year as the warrant dates seem to signal from RC & frens.
>>61462616Marcus stole your CUSIP and Warrants, better alert the SEC.
>>61462616This evidence is irrefutable. It seems to me if people are telling you not to buy something in the face of evidence like this they probably don't have your best interests in mind.
>>61462616>>61462927There's one anon that literally pushes the idea that because the CUSIPs of BBBY and the warrants are different, then that means they aren't related, seemingly ignorant of the fact that the image he posts to support this idea shows that the warrants share a CUSIP-6 with DK-Butterfly. I think at this point they're just trying to do anything to convince newcomers to not investigate and just scare them off by sounding authoritative.
>>61462955yea basically, its just paid stock bashers misdirecting because they have no way to fight the CUSIP.>>61462986>>61462996
>>61463071Here he is, right on cue :)>>61463144
>>61462955Odd they keep doing this when there's literal documentation showing they are related.
>GME bought something for a billion dollarsHuh I wonder what that's about
>>61463998I dont say
>>61463998Source?
>>6146439610-Q released today
>>61453798>BBBY WT and GME WT yeah no shit they are linked. They scooped up retards who don't understand social dynamics and think rules are more important the reality.Warrants being issued for $1 which enable you to buy for 1 share each at the price of $15 for an equity valued at $6 is not a dealIt's a very sorry attempt to lure in people who cant follow a train of though if it goes longer than 2 sentences
>>61464798>Social dynamics undo the merger proved by CUSIP-6 and the price of the equity will never ever changeWell now that is a take. A dumb one to be sure but at least it's new and creative. Well done.
I don't get the merger talk. If overstock bought the bed bath and beyond IP then what is there even left to 'merge' with?
>>61464854>And yet it merges
>>61464931What is there to merge with?
>>61464978You can't merge with a liquidation entity. They are retarded.
>>61464978An active legal entity with billions in NOL that will allow for 80% of income taxes to be written off every year until those billions are used up.Again, it doesn't even matter *why*. That's like asking where the sun goes at night. Does it matter? The sun is setting whether you like it or not.
frens im scared, i want to buy my first ever stock, and this bbby-wt catch my eye, but i dont want to lose moneyyyy
happy thursday
>>61464435>10-Qhttps://investor.gamestop.com/news-releases/news-details/2025/GameStop-Discloses-Third-Quarter-2025-Results/default.aspx
>>61466634https://last10k.com/sec-filings/gme/0001326380-25-000098.htm
Bbbyq
Bbby
>>61466783>>61466786good thursday doug
>>61466372dont worry man.300$ in december 2026
>>61466796fren, bbby-wt? how
>>61466849buy BBBY now!its 6$ today.return in this board next year when BBBY stay at 300$
>>61466880no, you are not a fren, you are bbby schizo
>>61466894Dont like Money?Ok.Rest in poverty, R.I..P.
>>61466783Ooooooooooo
>>61463690What else can they do? You can't debunk something that is true.
>>61470053The warrants were not issued by DK-BUTTERFLY because they have no shares to issue warrants for.
>>61471155Then why do the warrants use the unique CUSIP-6 identifier for DK-Butterfly?
>>61471155LOL
>>61472787>>61471155>>Warrant no DK.Cusip BBBYQ 075.Cusip BBBY former BYON 69Warrant BBBYW Is 075.LOL. You are retardet
>>61472900Just exercise a warrant and see what share you get for it. I don't think you will get a canceled share.
>>61474180>(a) The Company and the Warrant Agent, without the consent of the Holders, may from time to time and at any time amend this Agreement and/or the Warrant Certificate for one or more of the following purposes: >(ii) to provide for the assumption by a successor company in any Business Combination;>(viii) in connection with any Business Combination, to provide that the Warrants are exercisable for Units of Reference Property;Probably nothing
>>61465034What liquidation? It is a reorganization which may result in a viable business which absolutely can merge with another.
>>61474819You people really need to read the bankruptcy documents. It's a chapter 11 liquidation. They sold off anything that could be a viable buisness.
>>61474180NOL.Man.NOL.
>>61474943NOL.Man. NOL.And doug and his band, pay the NOL.Ok?
>>61474180Not interesting in BBBYW.I have 2000 share in BBBYQ.Doug pay me in One year.300$ x share.Thankyou
>>61474995BBBYW Is for you.Not for me.
>>61474943This plan that maximized value for **all** stakeholders?
>>61474943>>61475415This plan that preserved the debtors businesses as a going concern?
>>61474943>>61475415>>61475422This plan that saw the released third parties provide **substantial** contribute to the debtors' estates?
>>61474943>>61475415>>61475422>>61475445This plan that still allows for holders of interests to receive a distribution?
>>61474943>>61475415>>61475422>>61475445>>61475462This plan that defines interest as equity security?
>>61474943>>61475415>>61475422>>61475445>>61475462>>61475476This plan that reserves the balance for holders of interest/equity security and specifically only winds down assets not in the asset sale transaction? I wonder why the IP all ended up with BBBY/OSTK which issued a warrant dividend using the unique CUSIP-6 identifier for BBBYQ/DK-Butterfly.Anyway, is this the plan you're talking about?
Why does the bbby warrants keep going up so quickly?
>>61475415>>61475422>>61475445>>61475462>>61475476>>61475506nice posts, lets see paul allens posts:>>61475324>>61475333
>>61475644
>>61475644>>61475650I just can't figure it out:>BBBY/20230930-DK-BUTTERFLY Chapter 11 plan said it was going to liquidate all assets that weren't part of the Asset Sale Transaction>All the most recognizable assets ended up with Overstock somehow>Overstock changed its name to Bed Bath and Beyond and ticker to BBBY>BBBY/Overstock issued a warrant dividend using the CUSIP-6 for 20230930-DK-BUTTERFLYThere's a connection here but I'm just not seeing it.
I dont sell before BBBYQ was 300$ x share
>>61476037October 2026
>>61475415>>61475422>>61475445>>61475462>>61475476>>61475506
>>61477131k
>>61472787cusip bbbyq = 075896100cusip bbbyw = 075896159bbbyq, failed, realsed a warrant.incredible
>>61461900lies.read >>61472787
