Our hard work is paying off. The stock is on the rise. BBB will once again dominate the market.
13 replies (most recent on top)
OP is delusional
After a short adjustment it will be back up soon. Buy now and hold. Best advice you can get.
This post didn't age well.
Next time pay more attention to the current events. WallStreetBets made OP here look like a fool.
Buy the stock? I wouldn’t take it if it were free. It’s on its way down
The company and stock price will persevere. Don’t listen to all the whiny haters. Buy now and when it hits 100 you can thank me later.
funniest thing ive heard all day LOL
If you believe bloodbath is out of the woods courtesy of some artficially inflated stock price, think again. It is falling already. Kids were buying up stock in terminally ill companies, period.
I do not believe it is anything other than a large stock buy back program from BBBY, market forces from buying and shorting risky companies. MT is forward thinking positive thoughts and that could as help.
However, stores are seeing something totally different. Sales are not recovering (down double digit in store as high as 40%) and curbside/BOPIS/CDS orders are way down. OMNI were supposed to save the company.
Slashing hours budgets after the holidays is the usual way to cut corners and capitalize on a weak 4th quarter but that’s not going to do it this time.
It’s going back down....
It's a combination, actually. There are analysts who like the changes MT is implementing, but at the same time, they do say the price is inflated due to Reddit WSB activity.
MT has done a great job turning the company around. To the victor come the spoils.
You do know the current stock price has nothing to do with how BBB is performing and everything to do with Reddit users buying up shares, right?
This is good news. Stability and profits are staples of great companies which BBB is.
Or the WSB’s on Reddit are artificially pushing up the price to stick it the the hedge funds that are shorting the stock. See how long this comment/thread stays up.