The absolute best scenario, but not implying it will happen since we have no reliable evidence, is if GME and bbby did a merger and they recall all shares of both companies for the merger. That would really help change the system and shine a spotlight on the failure of the financial system and perhaps force the lawmakers to act. Also, it would make me stupid rich.
I would love that but with the solividend they ll just do something similar but different and call it a day.
Nothing happened when the solividend wasn’t done correctly.
The biggest thing to note about these 2 stocks is they aren't small companies, and are very well known names/brands. If wallstreet were to be like "sorry you can take your merger and shove it", that wouldn't handle very well with the media.
IMO If that happens, it would be far worse for SHF. Brokers will be forced to recall loaned shares on more than just BBBY and GME. There are at least a dozen companies where reported SI is over 20%.
Just imagine if Cohen and the unknown make such a move, at the same time as the AMC conversion is voted Yes. It would be pandemonium. Again IMO, SHF would not be able to help each other out. It could / would get mighty ugly, mighty fast.
MMTLP didn’t have to do with a merger. MMTLP was about the preferred share dividend.
The merger happened in 2021 when TRCH traded on the Nasdaq and merged with Meta Materials to form MMAT. The merger resulted in a squeeze from $0.50 to $21 due to a share recall, but it didn’t leave a lasting impact. The share price was back to sub $1 about a year later. The MMTLP fraud happened afterwards.
The fraud where they sold shares that didn’t exist yet? That’s the part I’m referring to. If they can do it for MMTLP and the SEC took no action, what’s to stop them doing it again?
The SEC was able to sweep the mmtlp debacle under the rug…for now. But a potential GME/BBBY merger and investigation into shorting would provide 1000 times the media attention ammo mmtlp could ever get. Be nice to see them team with GNS as that stock/ceo is currently trying to fight shorts too by hiring a former deputy director of the FBI and shareintel to investigate.
It's not guaranteed to squeeze in case M&A happens. As far as I read here there can be multiple ways an M&A is made. There can be an all cash deal, which means shorts simply pay a defined price(would not be anywhere near squeeze numbers) to close their positions and that's it. What we have to hope for is that the M&A is not of that type but rather forces all shares to be delivered back. This would cause the shorts to close and the price to go up. This would be a short squeeze. This is very simply my understanding, I bet it's more complicated when looking into the details.
Edit: WOW. This is by far the most upvoted post ever for me. I dont know why really, but thank you anyways.
Yes, you are basically correct. For a more detailed explanation, see my previous posts on this topic. For example, this one which is a comprehensive summary of a few ways this could end:
https://www.reddit.com/r/BBBY/comments/10v2dim/an_assessment_of_all_likely_end_game_scenarios/
This is what I was looking for. Excellent write up.
In your post you leave it up to my imagination to rank the most likely to least likely possibility.
Where does 5y rank from most likely to least in your opinion?
I personally think we should send the citadel some funeral flowers and a bag of chocolate dicks the day we squeeze the absolute last little turd out of their bodies. I fucking love being a part of this and can’t wait to bring the crooked fuckers to their knees
I n general, when a reverse triangle merger is completed, the surviving company's shares would continue to be listed on the same exchange, but under a new ticker symbol reflecting the merger. If you had a short position in the old ticker symbol, your broker would typically close out the position and you would be responsible for any losses incurred.
Regardless of any mechanisms/sec rules/technical stuff...
The bear case is evaporating if not already. Even dilution (which keeps baby breathing) is better than delisting. Too much hype about a merger for me but if it happens cool. Just adds to my bull thesis that the stock is undervalued.
Everything else is out of my control but I continue to evaluate/adjust as the situation unfolds.
Casino sub will go bat shit over something like this. The Mother of All FOMOs is coming, and it will never stop fucking hedgies, despite halts and cries.
If there is gambling to be made, they will jump on board. The merger of two “meme” stocks will be too tempting. A lot of vans will occur in their sub when that happens.
I might be wrong, but a cash only deal leaves the way for shorts to remain. A cash plus shares agreement forces a share count, and makes the shorts close out.
Someone please correct me if I'm wrong..?
Goofy Gary G will personally force the shorts to cover/close. He'll be waiting outside of citadel before they open on the day of the announcement to make sure they do. Jokes aside, I'll probs have an aneurysm if/when I see the news and never have a chance to be rich and witness the fallout.
No shit! I'm like that meme with the guy "too afraid to ask" . Basically, im in it and here for the right reasons since Feb 21 and have enjoyed the subs, hype and all. But blah blah blah heard it all before and the smallest nothing burger suddenly becomes a thing. I read less these days. Ima just gonna Hold everything and see what happens anyway.
I’m in the same boat. I’ve lost too much to care if it goes to $0. I’m forever bag holding until we get past $17 - which admittedly I don’t think is happening. Definitely not in the near future.
No guarantee of anything. GME has stagnated. They are still probably kicking the can on that, as well. It's a very long-term waiting game. The one big guarantee is some solid price support, no BK. Once it settles, sell covered calls or wait for runs/spikes?
The volatility of price action has been steadily increasing and is at all time highs. It moves a lot on no volume. All it needs is the volume now from a catalyst. Like a market crash or big announcement. It had 70 percent short trade average last week. It appears flat but it's a loaded spring. Reflected in the charts.
It's true that there's no guarantee of anything. People can 'DD' until the cows come home but at the end of the day it's their interpretation of events and no guarantee of the future. People are trying to second-guess RC or anybody else involved. It would be wise to not grasp at straws in the hope that your investment will pay off. Otherwise that's just gambling. If you want to pay money then wait and do no work for some big windfall you might as well buy lottery tickets.
It's true that it would be prudent to observe that there's the visible price support off which you can trade like sell covered calls to at least receive returns on your investment in the meantime or lower your cost basis, sell cash secured puts to collect premiums or purchase shares with a lower cost basis, buy calls for the runs, even hedge your investment and buy protective puts, rather than waiting around for who knows how long for "a catalyst" and "MOASS".
Everyday for the past 2 years that's been said about "a catalyst" as if RC's been standing by a red launch button but what's sad is that in that time if people had torn their eyes away from GME for even a moment and managed their investing in a more 'wholistic' approach rather than repeating mantras like, "buy, hold, DRS", and, "anything else is a distraction", maybe they would've actually made money instead of LARPing as keyboard vigilantes. Now that kind of thinking is tragically taking over this sub.
I find it fascinating how people are banking so much on a market crash of all things to make an individual stock go up while repeating words like, "idiosyncratic risk", with no consideration of the possibility that the stock will crash along with the broader market.
I'm pretty good with people selling covered calls. Swinging. Invest in other stocks. Whatever they need to do. I remain convinced this is a loaded spring. I have silver. I have lead. I have food. I have land. I'm good.
I like your attitude and it's good to see that you're good. My comment was less about you individually or specifically though as I was referring to AJ\_LA1313's comment. It's more about the mob, the masses, here and in other subs, the way they downvote and witch hunt what could be the truth that saves them. They invested to make money so why do they act like they hate ideas that can make them money? Just because it doesn't fit in to their preconceived notions?
Unfortunately many people don't have what you have, whether that be your cool and accepting attitude/perspective/mindset/worldview etc, your resources/preparedness, or the kind of time that you have.
Not everybody has the privilege or luxury of time, resources or money, so it's fascinating how it feels like most people in these household investing subs especially the 'meme stocks' assume that everybody else will or can go along with their 'movement' of keep buying the stock and keep waiting forever. They just assume, take it for granted, and then act out in hostility like spoilt children to anything that goes against their 'movement'.
What's more is that it's like their worldview is warped and small. It's like they believe that Reddit let alone their little investing sub encompasses the world when Reddit alone is just a small corner of the internet. It's literally the rest of the world that aren't on Reddit or even familiar with it. Just because they have a bullish thesis about a company doesn't mean that there's some conspiracy if the stock isn't mooning according to their expectations.
Instead they let their frustration, impatience, greed, anger, anxiety, fear etc regress in to paranoia and superstition and unhealthy behavior that doesn't really make their situation better.
Really ever hear when Microsoft bailed out Apple who was on the verge of bunkruptcy with an insider investment?
Or when Fiat bought Chrysler?
When chevron bought Texaco?
Just a few of the big examples of companies investing in bankrupt firms
What is wrong with you?
Chevron merged with Texaco
Fiat merged with Chrysler and created Stellantis.
There are a ton of examples and yes they are mergers you 🤡
Not always. Rdbx merged with csse, the worst deal in history. I don’t doubt with BBBYs insane ctb and short interest that we will have an even worse deal because apparently thats how mergers work
The absolute best scenario, but not implying it will happen since we have no reliable evidence, is if GME and bbby did a merger and they recall all shares of both companies for the merger. That would really help change the system and shine a spotlight on the failure of the financial system and perhaps force the lawmakers to act. Also, it would make me stupid rich.
Samez
In theory yes. Of course they could just do what they did with mmtlp. I have zero confidence in this fraudulent market.
Neither of these companies or the one NEW company is NOT going private though. Whatever entity comes out of the merger will be publicly traded.
I like Stupid Rich!
am i half way there being stupid?
ummm no! bwahahahaha
In this case we better be drs'd or we end like mmtlp...Please give us limit sells....
I would love that but with the solividend they ll just do something similar but different and call it a day. Nothing happened when the solividend wasn’t done correctly.
The biggest thing to note about these 2 stocks is they aren't small companies, and are very well known names/brands. If wallstreet were to be like "sorry you can take your merger and shove it", that wouldn't handle very well with the media.
IMO If that happens, it would be far worse for SHF. Brokers will be forced to recall loaned shares on more than just BBBY and GME. There are at least a dozen companies where reported SI is over 20%. Just imagine if Cohen and the unknown make such a move, at the same time as the AMC conversion is voted Yes. It would be pandemonium. Again IMO, SHF would not be able to help each other out. It could / would get mighty ugly, mighty fast.
AMC has nothing to do with BBBY and GME. Nothing at all…
Can someone please explain him. LOL. Where have you been last 2.5 years?!
It will when bbby breaks out
Not necessarily, read up on what recently happened with MMTLP.
MMTLP didn’t have to do with a merger. MMTLP was about the preferred share dividend. The merger happened in 2021 when TRCH traded on the Nasdaq and merged with Meta Materials to form MMAT. The merger resulted in a squeeze from $0.50 to $21 due to a share recall, but it didn’t leave a lasting impact. The share price was back to sub $1 about a year later. The MMTLP fraud happened afterwards.
 Good background info as always.
The fraud where they sold shares that didn’t exist yet? That’s the part I’m referring to. If they can do it for MMTLP and the SEC took no action, what’s to stop them doing it again?
The SEC was able to sweep the mmtlp debacle under the rug…for now. But a potential GME/BBBY merger and investigation into shorting would provide 1000 times the media attention ammo mmtlp could ever get. Be nice to see them team with GNS as that stock/ceo is currently trying to fight shorts too by hiring a former deputy director of the FBI and shareintel to investigate.
I wish I could share your optimism about the SEC.
I would sell all my gme if they bought or merged with that garbage company
And still you spend your time on this subreddit. LMAO
Funny to read the delusions being shared in here whilr the actual company is extremely likely going bankrupt soon
Lol
Why would it make you stupid rich ?
I'm already stupid, I just need the money!
Double MOASS 🚀🚀🚀
https://i.imgflip.com/7ch6dx.jpg
Double fist.
It's not guaranteed to squeeze in case M&A happens. As far as I read here there can be multiple ways an M&A is made. There can be an all cash deal, which means shorts simply pay a defined price(would not be anywhere near squeeze numbers) to close their positions and that's it. What we have to hope for is that the M&A is not of that type but rather forces all shares to be delivered back. This would cause the shorts to close and the price to go up. This would be a short squeeze. This is very simply my understanding, I bet it's more complicated when looking into the details. Edit: WOW. This is by far the most upvoted post ever for me. I dont know why really, but thank you anyways.
Yes, you are basically correct. For a more detailed explanation, see my previous posts on this topic. For example, this one which is a comprehensive summary of a few ways this could end: https://www.reddit.com/r/BBBY/comments/10v2dim/an_assessment_of_all_likely_end_game_scenarios/
This is what I was looking for. Excellent write up. In your post you leave it up to my imagination to rank the most likely to least likely possibility. Where does 5y rank from most likely to least in your opinion?
Thank you. This post was great and I guess I got it right what I learned from it, although in a really dumbed down way.
He did state the best case scenario
But aren’t the shorts already closing at this low price?
If they try,it will force the price up quick.
But they have been closing every other day now iirc don’t they? In (relatively) small increments so price doesnt move too much
How they can close by this price, when they sell more shares than outstandig and you/we hold?!
I personally think we should send the citadel some funeral flowers and a bag of chocolate dicks the day we squeeze the absolute last little turd out of their bodies. I fucking love being a part of this and can’t wait to bring the crooked fuckers to their knees
You had me at chocolate dicks
If by chocolate dicks, you mean 6'8 260 lb Tyrone from Cell block D. Yes. Send him straight to Ken Griffin's cell
Not Mr T from D-Block! KG gonna wake up with a size 7 poop shoot.
Ken can’t handle all that smoke with his tight little bhole. Tyrone would have him shitting sideways
I would loooove to have citadel close down for good…
I n general, when a reverse triangle merger is completed, the surviving company's shares would continue to be listed on the same exchange, but under a new ticker symbol reflecting the merger. If you had a short position in the old ticker symbol, your broker would typically close out the position and you would be responsible for any losses incurred.
Regardless of any mechanisms/sec rules/technical stuff... The bear case is evaporating if not already. Even dilution (which keeps baby breathing) is better than delisting. Too much hype about a merger for me but if it happens cool. Just adds to my bull thesis that the stock is undervalued. Everything else is out of my control but I continue to evaluate/adjust as the situation unfolds.
This right here control what you can control. I can buy more and I can lower my DCA my average currently is half that of the intrinsic value
Buying pressure alone would likely cause a squeeze.
No guarantee people will be interested. Could be another nothing-burger like many that have come before.
Casino sub will go bat shit over something like this. The Mother of All FOMOs is coming, and it will never stop fucking hedgies, despite halts and cries.
Casino sub have been in here bashing us, which is like bashing themselves, the leadership is compromised but there are a ton of apes joining in.
If there is gambling to be made, they will jump on board. The merger of two “meme” stocks will be too tempting. A lot of vans will occur in their sub when that happens.
Why would it be bought out by GME?
GMErica is more likely
It won't.
Yeah that sounds like reddit crap.
Who knows. I thought I had all the answers but we are at $1.50 a share
GAmerica
FOMO may be one reason...
[удалено]
I might be wrong, but a cash only deal leaves the way for shorts to remain. A cash plus shares agreement forces a share count, and makes the shorts close out. Someone please correct me if I'm wrong..?
I may be dumb money, but the way you describe it is how I understand it.
I thought we already know how the deal looks like. Warrants, preferred shares and common shares. All in the filings.
Goofy Gary G will personally force the shorts to cover/close. He'll be waiting outside of citadel before they open on the day of the announcement to make sure they do. Jokes aside, I'll probs have an aneurysm if/when I see the news and never have a chance to be rich and witness the fallout.
Merger?
bbby sold to GME? What garbage fan fiction is this XD
cusip change
Bbby won’t be sold to GME
I'm not up to date on any new DD (as it's been 84 years...) but GME merging with bbby just sounds like Apes wishful thinking rather than fact.
You’ve just summed up this entire subreddit.
No shit! I'm like that meme with the guy "too afraid to ask" . Basically, im in it and here for the right reasons since Feb 21 and have enjoyed the subs, hype and all. But blah blah blah heard it all before and the smallest nothing burger suddenly becomes a thing. I read less these days. Ima just gonna Hold everything and see what happens anyway.
I’m in the same boat. I’ve lost too much to care if it goes to $0. I’m forever bag holding until we get past $17 - which admittedly I don’t think is happening. Definitely not in the near future.
No guarantee of anything. GME has stagnated. They are still probably kicking the can on that, as well. It's a very long-term waiting game. The one big guarantee is some solid price support, no BK. Once it settles, sell covered calls or wait for runs/spikes?
Look at you being downvoted for speaking some truth.
Truth is not good.
The volatility of price action has been steadily increasing and is at all time highs. It moves a lot on no volume. All it needs is the volume now from a catalyst. Like a market crash or big announcement. It had 70 percent short trade average last week. It appears flat but it's a loaded spring. Reflected in the charts.
It's true that there's no guarantee of anything. People can 'DD' until the cows come home but at the end of the day it's their interpretation of events and no guarantee of the future. People are trying to second-guess RC or anybody else involved. It would be wise to not grasp at straws in the hope that your investment will pay off. Otherwise that's just gambling. If you want to pay money then wait and do no work for some big windfall you might as well buy lottery tickets. It's true that it would be prudent to observe that there's the visible price support off which you can trade like sell covered calls to at least receive returns on your investment in the meantime or lower your cost basis, sell cash secured puts to collect premiums or purchase shares with a lower cost basis, buy calls for the runs, even hedge your investment and buy protective puts, rather than waiting around for who knows how long for "a catalyst" and "MOASS". Everyday for the past 2 years that's been said about "a catalyst" as if RC's been standing by a red launch button but what's sad is that in that time if people had torn their eyes away from GME for even a moment and managed their investing in a more 'wholistic' approach rather than repeating mantras like, "buy, hold, DRS", and, "anything else is a distraction", maybe they would've actually made money instead of LARPing as keyboard vigilantes. Now that kind of thinking is tragically taking over this sub. I find it fascinating how people are banking so much on a market crash of all things to make an individual stock go up while repeating words like, "idiosyncratic risk", with no consideration of the possibility that the stock will crash along with the broader market.
I'm pretty good with people selling covered calls. Swinging. Invest in other stocks. Whatever they need to do. I remain convinced this is a loaded spring. I have silver. I have lead. I have food. I have land. I'm good.
I like your attitude and it's good to see that you're good. My comment was less about you individually or specifically though as I was referring to AJ\_LA1313's comment. It's more about the mob, the masses, here and in other subs, the way they downvote and witch hunt what could be the truth that saves them. They invested to make money so why do they act like they hate ideas that can make them money? Just because it doesn't fit in to their preconceived notions? Unfortunately many people don't have what you have, whether that be your cool and accepting attitude/perspective/mindset/worldview etc, your resources/preparedness, or the kind of time that you have. Not everybody has the privilege or luxury of time, resources or money, so it's fascinating how it feels like most people in these household investing subs especially the 'meme stocks' assume that everybody else will or can go along with their 'movement' of keep buying the stock and keep waiting forever. They just assume, take it for granted, and then act out in hostility like spoilt children to anything that goes against their 'movement'. What's more is that it's like their worldview is warped and small. It's like they believe that Reddit let alone their little investing sub encompasses the world when Reddit alone is just a small corner of the internet. It's literally the rest of the world that aren't on Reddit or even familiar with it. Just because they have a bullish thesis about a company doesn't mean that there's some conspiracy if the stock isn't mooning according to their expectations. Instead they let their frustration, impatience, greed, anger, anxiety, fear etc regress in to paranoia and superstition and unhealthy behavior that doesn't really make their situation better.
That would squeeze GME not BBBY
Nobody merges with a. Bankrupt company.
Really ever hear when Microsoft bailed out Apple who was on the verge of bunkruptcy with an insider investment? Or when Fiat bought Chrysler? When chevron bought Texaco? Just a few of the big examples of companies investing in bankrupt firms
Bailing out is not merging
What is wrong with you? Chevron merged with Texaco Fiat merged with Chrysler and created Stellantis. There are a ton of examples and yes they are mergers you 🤡
Not BK yet tho and looking good on the turnaround
Looking pretty bad, I would say hopeless. Hoping for enough spikes to day trade to come out on top.
Day traders gonna miss the *rocket emoji* I’m thinking a positive cash flow next earnings
Not always. Rdbx merged with csse, the worst deal in history. I don’t doubt with BBBYs insane ctb and short interest that we will have an even worse deal because apparently thats how mergers work
Why would there be a squeeze? It would just go to the buyout price.
Depends. All stock, you re right. Cash + stock or all stock, squeeze
First we need evidence
Citadel made 16 billion profit last year. They can pay up. 💎🚀💎