Thread #61889178
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>>61889178
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>>61889815
>>61889818
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>>61889820
For everyone wondering about the CUSIP-6 conundrum and how partially incorrect (stale) information in consistently posted every thread, here are official SEC, OCC, and BBBY investor relation links so you can see the CUSIP conundrum for yourself:
Bed Bath in June 30th 2020 before name change(now known as BBBYQ or DK-Butterfly-1), 13G
https://www.sec.gov/Archives/edgar/data/886158/000110465920082648/tv00 03-bedbathbeyondinc.htm
CUSIP: 075896100
OverStock(now BBBY), December 31, 2019, 13G
https://www.sec.gov/Archives/edgar/data/1130713/000119312520035091/d88 5642dsc13ga.htm
CUSIP: 690370101
BBBY(now OverStock) September 30th 2025, "Bed Bath & Beyond Inc", 13G
https://www.sec.gov/Archives/edgar/data/1130713/000010290925000032/xsl SCHEDULE_13G_X01/primary_doc.xml
CUSIP: 690370101
BBBYW (BBBY warrants) Options Clearing Corporation filing:
https://infomemo.theocc.com/infomemos?number=57365
theocc.com is the official Options Clearing Corporation website.
CUSIP (BBBY): 690370101
CUSIP (BBBYW): 075896159
BBBYW (BBBY warrants) official BBBY investor relations website:
https://investors.beyond.com/resources/Warrants/default.aspx
scroll down and you will see Form 8937 Tax Information, here is a direct link from the official BBBY investor relations website:
https://s203.q4cdn.com/409549452/files/doc_downloads/2025/Form-8937-Wa rrant-and-Attachment.pdf
Warrant CUSIP: 075896159
Common Stock CUSIP: 690370101
OFFICIAL filings that show the:
BBBYQ(DK-Butterfly-1) CUSIP-6: 075896
BBBY(OverStock) CUSIP-6: 690370
BBBYW(BBBY Warrants) CUSIP-6: 075896
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As far as I'm concerned, as long as the shares remain canceled the hypefags are WRONG and we LOST. Only if the shares are ever uncanceled can you say you are right. Until then, you are WRONG.
>But the secret plan
Shares are still canceled
>But the cusip cunnilingus
My shares have been gone for years
>But RC is a creditor
Still no shares
Try not to seethe at the truth that I speak.
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>>61893617
>Happened with hertz
>load muh_hertz.txt
The problem here is that you just do not understand how BK works. We will use Hertz as an. example as it was one of the very few occasions when the original stockholders got SOMETHING, although very little.
First, when a company declares BK the stock is DELISTED FROM ALL EXCHANGES. The exchanges don't trade BK stock. Shorts are excused from closing the transaction, as the stock is by definition worthless. THERE IS NO SQUEEZE BECAUSE THE SHORT SELLERS DON'T HAVE TO RETURN WORTHLESS STOCK. Sooner or later, the broker will release all funds to the short seller.
Then, the stock ticker symbol is changed. Hertz was changed from HTZ to HTZGQ. Now all old stockholders own shares in HTZGQ. THEN A NEW COMPANY IS FORMED. With Hertz, it was HTZ. All the old stockholders own NO SHARES OF HTZ. HTZGQ (old HTZ) will never again trade on an exchange although it can trade on pink sheets (that's what the "Q" means). HTZ can be (and was) listed with an exchange and traded.
Then, HTZGQ does a Section 363 bankruptcy sale of the assets to HTZ. This transfers the assets free of any liens to HTZ. HTZ pays for these assets by selling stock. The money generated in HTZGQ from selling stock in HTZ is distributed to the creditors of HTZGQ. Remember, that HTZGQ was once HTZ and was the original Hertz. (New) HTZ then discovers that it owns thousands of slightly used cars in the hottest used car market ever and the price then soars. This doesn't affect the original stockholders in Hertz because HTZGQ sold those cars to HTZ for 10 cents on the dollar. HTZ soars but the original stockholders own HTZGQ not HTZ. HTZGQ of course is worth pennies.
As a matter of fact, the holders of HTZGQ got $1.46 plus 1/20 share of HTZ for every share of HTZGQ for the best BK result of the century.
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>>61893694
>Shorts are excused from closing the transaction, as the stock is by definition worthless.
>As a matter of fact, the holders of HTZGQ got $1.46 plus 1/20 share of HTZ for every share of HTZGQ for the best BK result of the century.
Who paid the holders who bought the shares that were sold short?
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>>61893740
You're saying that some people who bought HTZ before it became HTZGQ got absolutely nothing while other people who bought HTZ before it became HTZGQ got a payout? Where is the evidence for this claim?
What determines whether or not a share you buy through your broker is a real share or a short share? What mechanism exists to arbitrate any disputes in the event of a HTZ situation?
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>>61893765
HTZGQ holders got money per the approved Bankruptcy Plan
https://infomemo.theocc.com/infomemos?number=48928
The plan determines what holders get.
>now lets see the BBBY plan
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>>61893821
>HTZGQ holders got money
All the holders? Even the holders who bought shares that were sold short?
So HTZ paid out for more shares than they issued because speculators decided to sell something that they didn't own? Is that what you're saying?
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>>61893861
No, you're putting words into my mouth, and are reading beyond the plan. You can speculate if Hertz had naked shorts. You can't even speculate the same for BBBYQ, since analysis stops at the lack of a similar provision of payment from BBBYQ's own bankruptcy plan.
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>>61893897
Naked shorts? We're just talking about regular old shorts. Borrowing a share from somebody to sell it to somebody else creates 2 shares out of 1. The person you borrowed from owns a share and the person you sold it to owns a share. If that share is entitled to a distribution as it was with HTZ, then who pays the second holder? If the second holder doesn't get paid then how is it determined who owns a real share?
Did HTZ pay out for more shares than they issued just because some speculators decided to sell shares they didn't own? Did some HTZ shareholders get nothing because they didn't buy a real share? Or did the speculators (i.e. shorts) have to pay the distribution? Or are you saying that when HTZ went bankrupt the short interest was 0.0000000%?
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>>61893931
>Cope
>>61893932
>Did HTZ pay out for more shares than they issued just because some speculators decided to sell shares they didn't own? Did some HTZ shareholders get nothing because they didn't buy a real share? Or did the speculators (i.e. shorts) have to pay the distribution? Or are you saying that when HTZ went bankrupt the short interest was 0.0000000%?
You can go dig it up. Regardless, it won't matter for BBBYQ holders, given there's no provision in the approved plan.
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Well that's one way of admitting that you lied earlier. Shorts are responsible for paying any distribution for shares they sold. Whether or not there is a distribution is another matter.
Now why would a person just go into a thread and lie about shorts being closed because shares were cancelled, and then cite HTZ knowing full well that HTZ shorts had to pay that distribution for the shares they short sold?
You wouldn't happen to be here posting on behalf of a party that short sold BBBYQ shares now would you? I think that's a crime there Jimbo.
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>>61893998
>Shorts are responsible for paying any distribution for shares they sold
Not for a cancelled stock.
https://www.investopedia.com/ask/answers/maintain-short-position-delis ted-stock/
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>>61894061
>Not for a cancelled stock.
So who paid HTZ holders for the distribution after HTZ shares were cancelled?
https://seekingalpha.com/article/4410692-hertz-just-filed-ch-11-reorga nization-plan-which-will-wipe-out-s hareholders
It was the shorts. They paid. Not HTZ. Not the brokers. The liability remains open even if shares are cancelled. Now why would you just go into a thread and lie about something so easily verifiable, Jimbo?
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>>61894090
>So who paid HTZ holders for the distribution after HTZ shares were cancelled?
The (old) Hertz entity. Old Hertz sold its fleet of cars to New Hertz, and New Hertz paid Old Hertz cash+shares in New Hertz.
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>>61894181
But that was distributed to Old Hertz shareholders at a 1:20 ratio as you said. But what about Old Hertz shareholders who bought shares that were sold by short sellers? The shorts who sold those shares were liable for distributions owed to those who bought those shares, even after the shares were cancelled.
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>>61894232
>Short sellers do not "sell shares."
Oh? Then what do they do?
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The gassy retard doth protest too much
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>>61894299
And if the shares they borrowed and sold are owed a distribution as was the case with HTZ, they are responsible for delivering that distribution. Even after the shares are cancelled (as was the case with HTZ). But you knew that.
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>>61894807
>they aren't "short" in the new distribution
Yes they are
>the distribution would go to the shorts
The distribution goes to the longs
>which could then decide to sell or return this distribution
Incorrect. They owe the distribution to the share they sold and the share they borrowed. It works the same way it does for dividends.
>Borrow share of $AAPL
>Sell borrowed share of $AAPL
>$AAPL dividend
>Short pays $AAPL dividend to the long he borrowed from and the long he sold to
>Alternatively, short buys back share he sold and returns the share he borrowed to avoid dividend liability
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>RK's brother is butterflyposting
>RC's brother is butterfly and teddy posting
>shills shifting the narrative from "you're not getting anything" to "shorts will NOT be on the hook for your payout!!" (of course they will be lmao)
>little Dougies bff has a full blown meltdown on twitter, and, for sooooome reason (we know why) HATES Teddy
yeah i'm thinking we're in the blessed timeline, comfy aff :))
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>>61895828
https://x.com/mtlbrad/status/2026005517873582211
>do you like butterflies?
>I’d go back in time just to give my dad one last hug!
so he's associating a butterfly with his dad (Teddy)
if any shill could explain this in any way other then the (to us) obvious one, please feel free to do so
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>>61896785
>what the fuck are these threads
Big dick business. You wouldn't understand.
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Looks like this means the cusip thing is now meaningless. If RC isn't interested in new bbby at all, that means the cusip has zero relevance. Which is it? You can't have your cake and eat it too.
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>>61897692
The CUSIP connects to the DK-Butterfly shell. That's a separate legal entity with $3-4B in NOLs and a 1145 relisting provision. Nothing to do with the operating business.
Burry himself praised the shell's NOL structure on Substack and called it 'Instant Berkshire.'
Cusip conundrum remains unrefuted
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>group of the most insufferable people that act like obnoxious smart asses for years claiming they've won despite seeing zero results
>"wow why does everyone hate us they must be shills"
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>>61897941
Couch Status?
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>>61898056
>Bbby will buy bbbyq
Lemonis has said multiple times this is not happening. Any time this was pointed out before, you guys would say "yeah because gamestop is buying bbbyq"
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>>61898144
Lemonis isn't obligated to respond to anyone on twitter, especially if he is at risk of breaching an NDA. The fact that he did respond at all means he had nothing to hide. So you're implying that it's fine for a CEO to openly lie to protect himself despite not needing to respond at all. Do YOU hear yourself?
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Welp
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it's been quite amusing to see laymen go through the details of a standard bankruptcy process and somehow manage to spin a pizzagate tier conspiracy out of it
maybe investing / gambling should be regulated after all
these people have mothers and wives and daughters
just buy an index fund next time
what a great waste of mental effort
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>>61898220
Hey >>61898144, is this good enough for you? Straight from the horse's mouth.
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>>61898166
>>61898475
Gme will never buy bbby or bbbyq. It appears that bbbyq will merge into bbby.
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The shills are lashing out today. One of the shills may have outted themselves today. Gary Gasparino was posting from his main account about RC's "dead daddy, Sad, Ha!" which is exactly the same sort of wording a twitter shills constantly uses. The shorts are shitting their pants so hard. They don't think they got away with BBBYQ's murder. Not at all. In fact, they appear to be completely ass blasted about BBBY.
We literally caught a live one today. Gary Gasparino MALDING in such a fashion that he almost undoubtedly thought he was anonymous.
Sad, Ha!
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>>61899113
Either Gasparino is having a meltdown and decided to use his actual account to post that or he forgot he was not logged in as a different shill account and posted that on accident.
Make no mistake about it, probably every development in the CH11 BK Virtu Financial finds out about it that same day. The real question is why did he suddenly have a drunken meltdown? What does he know that made him so upset?
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kek baggies
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>>61896785
Schizo shit I read for amusement. Think of the time wasted and opportunities misses with all this madness.
They’re like angry ex jilted boyfriends who can’t let go. It’s the same mental illness.
Funny though
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>>61900328
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>>61901172
I think it's hilarious how, after GameStop distributed warrants, BBBY bagholders decided they had warrants too. BBBY warrants weren't an idea before then.
It's just really obvious at this point that BBBY has only ever been a GME parody, pushed to cast doubt on the credibility of the GME board and their investors.
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>>61901824
Warrants aren't a common dividend to give to shareholders in the retail sector. The timing is impeccable and the CUSIP Conundrum basically proves what the 3 year long thesis was pointing towards.
BBBYQ is walking like a duck It's quacking like a duck. It's probably a duck.
Lots of people whine and cry about this but they really don't have a good reason why all of this is happening when it has been suspected that we would be seeing these kinds of clues.
We have them. We have the CUSIP Confirmation. It's over. Towelkings were right this whole time.
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>>61901824
I find it hilarious how much people can’t shut the fuck up about this bankrupt cancelled towel stock. Mods from the cringe mines, Micheal Burry, d word niggers on a Syrian sandwich forum, and even Hedge fund market makers won’t shut the hell up about it. Awkward.
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>>61901851
It's funny how you are invested in GME and know that whole lore but you have to pretend to not know anything about the massive short scandal in BBBY that RC is integral to the events that unfolded the last few years.
You're not fooling anyone which is why you're such silly shilly.
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>>61901851
>he can't even spell disingenuous
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burry thinks GME MOASS is extremely unlikely and that RC is just grifting retail investors. either something happens with BBBYQ/DK-butterfly or none of it happens as far as i'm concerned. you didn't have to be a genius to take the hint from pulte if you were just paying attention. the formation of gameshire bathaway would be the ultimate proof that RC is the real deal.
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I need all of you BBBaggies to listen carefully: stay the fuck out of my /gme/ thread you pajeety larpers. GME is a profitable vertically positioned DFV stock and i do NOT need you shit-skin coloured nigs larping about the revival of a failed, forgotten Q-list stock. Failure to comply and I shall personally BLAST you with my Global Obliteration Yield Beam or G.O.Y Beam for short, but I’m sure many of you curry munchers would actually prefer that.
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Boooom
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if towelfags win, i get money (because i am also a towelfag)
if towelfags lose, the crash out from pp and his squad of hypefags will be glorious
win win
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>>61905912
I voted for this
>>61905917
Of course the parasite, without missing a beat, springs to action to retain some semblance of relevance.
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Remember when there was a tendie offer then it was never discussed again? One of about 20 curious things related to BBBYQ.
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>>61907080
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>>61905917
This is ai slop, or at least the numbers should be. It would be especially awkward if jane street claimed a 3% stake after Papalia disclosed that retail had 98% ownership at the time of bankruptcy.
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twitterfags are now speculating $15 per share
holy shit I would take that in a heartbeat
deal, I agree to $15 per share deal deal deal
GIVE IT TO ME NOW I ACCEPT THESE TERMS DO IT NOW GIVE IT TO ME
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>>61908589
Link, I don't have an account
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>>61908764
I had a cost basis below $1. $15 per share would be a gift from god and I would be more than happy with it considering right now it's 0. The towelfags are some real greedy motherfuckers.
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>>61908902
Towelfags aren't greedy, though. Markets are supposed to use buying and selling to find a price that clears the most number of trades. If I want a share of a stock and I hand over my money for it, then I expect to receive it. If short sellers are counterfeiting shares to dilute the shareprice and end up selling me shares for pennies when it is actually worth more then that is on them. They have no right to try and inject themselves as providers of liquidity if it means they can illegally counterfeit with impunity.
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>>61908902
I’d say $15 per share is letting them off the hook easy compared to the triple digit gamma squeeze we could have seen back in 2023 if it weren’t for SEC allowing rampant corruption in broad day light.
>>61908939
This
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https://x.com/xMarketNews/status/2027028346379346271?s=20
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>>61910758
Greedy towelfags don't get to speak on behalf of me, especially not grifters like pp and his group of idiots. It's not my problem if most of you had small stacks and a shitty cost basis. I had 25000 shares at about 70 cents per share. If they want to give me $15 per share, I say GIVE IT TO ME. I want my money NOW.
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>>61911092
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>>61911092
>Grifters like PP
I only trust Sonichu these days. He has never steered me wrong
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>>61911388
It's not up to me and it's not up to you. I don't care what you think. If they said "you get $15 per share and that's final" I will be very happy. We don't get to negotiate and at this point I will be happy with anything more than zero. Because right now, zero is what we got. Go ahead and cry because I'm the only one with decent expectations. Go ahead and demand 1000 per share or whatever fantasy you have.
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>>61911416
>you'll get what I say you get, goyim
Shalom
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>>61911092
7october 2026>>61889818
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>>61912669
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Won't somebody think of the baggies?
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>>61912992
>BTFO so hard he had to switch IDs.
I like this image, because bbbyq never actually went to zero before delisting. It never even went under a penny. Very interesting indeed. Keep trying shillfren.
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>>61913116
Nope, I came straight from the GME thread! You mad canceled stock baggie?
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>>61913141
>implying anything discussed here actually matters or has any effect on anything
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Saar!
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Please to be taking notice saar!
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Sar, please to be taking the notice.
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>>61913183
>>61913197
>>61913210
You should feed PP and Buttfarm's face to the prompt.
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>>61913223
you guys are the board lolcows. Maybe even sitewide lolcows. At any given moment some percentage of 4chan is going to stop in and laugh at you and feel thankful they're not as retarded as you are.
you take this as proof that you're right and people are being paid to make fun of you. But in real life you're just stupid and people make fun of you for free.
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>>61913250
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>How did he know what I look like...
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do you recognize this man?
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>tfw you're king of the canceled stock baggies
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>>61913385
>>61913392
>>61913403
top fucking notch
Can you have PP be a fast food wagie where he puts the fries in the bag?
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>>61913413
How's this anon?
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>>61913413
This one might be better
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>>61913433
Zased. Make it sadder for great justice.
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He wasn't putting the fries in the bag fast enough
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>>61913402
The reverse merger means I have a massive stake in BBBY and whatever corporate structures that are apart of the transaction. We have restructured and my interests have been preserved. We know this to be true because the BBBYQ CUSIP is on BBBY's warrants. The same warrants which were released on the same day as RC. RC is the CEO of GME whose company has expressed their intent to engage in M&A.
I'm just gonna be a comdy womfy boy and wait for CH11 BK to conclude. I made like $14,000 on my silver stack today alone so I can care less about the eternal-crab.
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>>61913433
>>61913447
>>61913457
10/10 meme for those familiar with the matter
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Baggie had to get a new job. Nothing is happening with the canceled shares and not enough people bought the shitcoin.
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Baggie can only dream of gains, as the stock he likes is canceled
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I love seeing the shills this fucking assblasted:
>>61911574
>>61911593
Why would doug cifu be so outraged at his market making firm selling "worthless" shares which makes them millions, while BBBY was going under 10 cents that he would beg gensler to shut it down?
More importantly, why was doug cifu so balls deep in the BBBYQ "scitzo" recovery theories on twitter that he followed a page, which he only could have followed if he knew theppshow podcast hosts' real name?
>pic related
pic inside this post:
>>61892353
Doug Cifu knew theppshow podcasts hosts' real name and followed a disparaging page, why such rage over twitter "scitzos" theorizing on BBBYQ recovery theories? Why would Larry Cheng go onto such a show?
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>>61913233
Checked! The AI still shows the stock mooning when the prompt says it's cancelled. Absolutely based.
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>>61913755
Can you do this nigga next?
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>>61913868
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>>61913898
real king hours. Please do couchman next >>61897962
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>>61913903
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>>61913935
He was evicted from the trailer
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>>61913931
>>61913940
Baaahahaah. This is great.
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>>61909296
https://x.com/gamestop/status/2027087120754680261
it's retarded but this is what it is
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This is the real investment vehicle of infinite wealth. And you can't buy it anymore.
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>>61913656
Zero donations, I bought into the hype and acoomulated 22k shares of BBBYQ though.
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hey guys, gotta borrow a post
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>>61914285
>I've been saying it for YEARS now.
Yes, we all know the zero-sum nature of BBBY. Your opinion that you have been expressing for years is meaningless in the face of the CUSIP Conundrum. BBBY's warrants should not have BBBYQ's CUSIP. It does, however. This proves that a reverse merger took place.
>Took
>Past tense
Yes. That is correct. It has ALREADY happened.
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Looks like the twitterfags are saying we won again (but for real this time dude trust me)
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>>61889178
WAGMI
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>>61920333
yea theres hearings out to july, people also need to remember that the dates of warrants can be extended.
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hey guys, borrowing a post thanks
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>>61923939
Yeah but why specifically this property? Also you don't really own it, a custodian owns it... Pic related is true ownership.
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>>61924910
because BBBY released publicly tradable warrants with a CUSIP-6 that matches the CUSIP-6 for BBBYQ, the same BBBYQ that Ryan Cohen is a chapter 11 creditor for. See this document to further understand why:
https://www.cusip.com/pdf/news/CUSIP-ACommonLanguageForEfficientMarket s_2022.pdf
This warrant release happened in october. There is no other interpretation besides BBBY has already absorbed BBBYQ, and we are waiting on RC's 16b lawsuit, and the bbbyq chapter 11 proceedings before any public announcement can be made.
There is zero (0) ambiguity, aka no other possible interpretation as to why the CUSIP-6 of BBBYW would match BBBYQ, except that m&a activity had already begun starting in october.
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>>61924958
>There is zero (0) ambiguity, aka no other possible interpretation as to why the CUSIP-6 of BBBYW would match BBBYQ, except that m&a activity had already begun starting in october
You can ask Michael Burry what it all means.
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>>61925273
Which version of Burry? The one that said it would be a great tax trick if Ryan were to somehow revive bbby or the one that said he’s out if Ryan buys any version of bbby? Kek This isn’t a gotcha I’m actually asking you to explain the logical inconsistency there or the flip flop that only took a week.
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>>61924912
>Yeah but why specifically this property?
To make money, obviously.
>Also you don't really own it, a custodian owns it.
I own everything I DRS in book entry.
>>61925539
>I’m actually asking you to explain the logical inconsistency there or the flip flop that only took a week.
It's not complicated. In that image you posted, Burry is responding to a question about Ryan and RC Ventures. In the other post, Burry is talking about GME acquiring BBBY. GME is not the same thing as DK-Butterfly, RC Ventures, or RC himself.
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>>61923354
>>61926125
If you use a broker like fidelity it’s free to DRS.
Unless you are lending out your shares/warrants, it’s a no brainer to DRS some of your stack.
I dont have the warrants in my IBKR because i cant be bothered to pay the DRS fee, but nearly all i have bought through fidelity is DRS
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>>61926518
>Attempting to co-opt the terminology used against them
Butterfly will own GME and BBBY as proved by the warrants and hinted at by KG. Burry parsed his words carefully. You will never blend in.
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