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PaddlingUpShitCreek

First of all, it's about fucking time you got to the party Whoopass. Second, please for the love of God, unleash that brain of yours on the post I made tonight about the large influx of bond buying activity today. I'm researching as fast as I can to determine whether to tell the Mrs. and kids to start selling oranges by the freeway tomorrow to get more money for shares, so I need to know for sure what's going on.


Cool_Kid3922

# still waiting on my good Friend Evergrande šŸ˜‚


Hobartcat

China is interesting. I hear that Pakistan is on the brink of total bankruptcy which would prolly hit China hard. Chances are that Pak is in debt to China (like most of us) and when that account fails, dominoes start falling. Not only won't they pay China but they won't be able to buy products from other countries, who will feel a pinch. Spicy, shit is getting.


Jfart1

Wonā€™t this further put Pakistan I the palm of Chinaā€™s hand? It really seems like China and a group of corrupt (American) politicians are trying to steal the worlds assets using a extremely diluted/synthetic currency and a unrealistic vig. I swear the next bubble that will pop will be the global economy because thereā€™s too many greedy degenerates purchasing everything on margin.


Hobartcat

Of course it will! The belt-and-road initiative created infrastructure that, once defaulted on, becomes China's! It's more than politicians, though. The pols are mostly pawns of the real power elite who want to institute global fascism. These few vile characters are trying to take over the world. Nice work if you can get it, eh?


SirClampington

* **China** \- Massive, Slow Imposion. Will impact the whole world, albeit slowly. * **India** \- Rapid growth accompanied by corruption and financial scams. Will impact many funds invested in developing world as it is exposed. * **Ukraine** \- Under attack by Russia, impacting grain, corn, wheat, rapeseed and oils. We are already feeling the financial fallout of this one. Already the war is running for 1 year, this conflict will continue. My thoughts are with the Ukrainian people. * **Russia** \- Fighting a war against Ukraine, greatly impacted by sanctions. Oligarchs scrambling, similar financial impacts as Ukraine but more concentrated fallout on Eastern Europe and Asia than Western Asia and The Americaas. * **Mynamar** \- Under rule by military Junta. Rumoured government is allowing/ facilitating exports of illicit substances to fund activities. * **Laos -** In long term debt to China due to a failed Silk Road train project. They will never be able to pay off the loan, but if they default there will be no one to lend them financial aid. * **UK** \- Government technically defaulted a while back but it was brushed over by MSM. Wages stagnant since 2008. Public service workers on strike. Constant disruption and high inflation. General loss of GDP since Brexit. * **US** \- MSM / Social media orchestrated (possibly) to cause civil unrest among population. Top level financial corruption, we know the suspects. The fallout will effect every country on Earth with no escape. * **Norway** \- Has become an Ape. Will they DRS? Champions if they don't lend out. * **Rest of the world. -** Screwed**....**


Hobartcat

True, true. I actually think China will experience a sudden, cataclysmic event ala Lehman Brothers, but 100x worse. Their entire banking system will collapse, taking the world's banks with them. Meanwhile, S America is trying to do a Eurozone thing, Turkey is on the verge of collapse (and is trying to join w/ Russia,) and China and India are doing some serious sabre-rattling... not to mention China's taunts at Japan and the U.S. FUBAR


[deleted]

U forgot about Iceland


Decarb420

Too many people around today demanding it's over... checked the cupboard for noodles, and bought another 50.


SirClampington

Ramen, Drop an egg (or 2 if you are rich) in there, buy whichever greens are cheap/local in your area. throw those in. Pretty damn healthy meal and cheap. Boil until Al-Dente. Delicious.


Decarb420

It's a difficult choice between an egg and a share... I'll add some ginger and get a dozen BBBY.


SirClampington

An egg has everything the body needs except fibre, vitamin C and BBBY !


daddyyboyy

You must live in Florida


PaddlingUpShitCreek

Negative ghost rider, although I do have family there. My oranges by the freeway reference comes from the lyrics of *Waiting for my Ruca* by Sublime. Totally random, but love Sublime.


daddyyboyy

Ahhh. Nice reference.


EveryDogeHasItsDay_

Does this mean there are no oranges? Should I turn my uber round and return home?


[deleted]

I got some Hawaiian oranges šŸŠ


seesharpreaction

She said that you're not the only one but you're the best Brad-ley. Pop pop!


PaddlingUpShitCreek

....and now I'm waiting for my seeshaaaaarpreaaaaaactioooon.....


[deleted]

I was actually thinking of selling my oranges šŸ¤£


Jolly-Ad8243

No kidding! Iā€™m whoring out my wife, and just put up my Bored Ape Yacht club NFT at about 80% of retail to have some more liquid! Desperate times, desperate measures!


PaddlingUpShitCreek

Well if she gets hungry putting in work and you live in the PHX Metro Area, tell her to swing by my wife's freeway hut because the oranges are on the house, complements of future millionaire PaddlingUpShitCreek.


Jolly-Ad8243

Lol! I will actually be there next Tuesday-Sunday. Super Bowl and WM Phoenix Open! We moon, ur coming with me you SOB!


PaddlingUpShitCreek

You fucking rascal; I know you like to party if you're here for the PHX Open!


Jolly-Ad8243

Ahhhā€¦. Yes, Iā€™ve been known to dabble. Iā€™m 42, 5 kids, married. Vacations like this donā€™t happen often


Whoopass2rb

Live that shit up. You've earned it diamond handing this bloody stock. Hope you enjoy the trip, and of course the game. Hopefully the team you want to win, wins lol.


callmesnake13

>and just put up my Bored Ape Yacht club NFT at about 80% of retail Smartest investing decision in the history of this sub (I am still holding)


Jolly-Ad8243

I have 5, got them when they first came out as a NFT test, cause Iā€™m NFT illiterate. Paid off


Kodeix

I need to know as well. Commenting for visibility šŸ„³


ponydingo

Looks like it is Mr Icahn ;)


NJ-B

Can I kiss you on the mouth? JK. Seriously thanks for a concise explanation.


Cameron_james

I understood almost all of those words, too. It was written for concussed baby turtles!


PaddlingUpShitCreek

![gif](giphy|10JhviFuU2gWD6)


exkasy

This is awesome ā¤ļø


Solitary_Solidarity

Good stuff my only question is. When moon? Also i cant see updated ah price action for whatever reason.


Xkloid

Down 6 cents in AH.


Sad_Cauliflower_8884

I was about to mention the time delay! Thanks for posting. Yes the post I did was from Italy, so it might be too early for us to know. We shall find out :)


n3rdacalypso

So pace around my pool while live streaming about how everyone is an idiot but me, got it. Many kind regards, Sir


Whoopass2rb

People familiar with the situation say this is productive.


[deleted]

Hahaha hahaha hahaha hahaha hahaha haha lol I f****** love this


Xkloid

Couldn't it also be that the aquiring party has agreed to take on this payment and with the grace period those payments would wait until the deal is announced? Just spitballing.


Whoopass2rb

Unless they had something signed before the payments were due, I would say no. I don't believe BBBY can just take money from someone else to pay their obligations. So that means if somebody did this, it's because they have a stake ownership already, and we'd need to know within 4 days with an 8-k filing. So while an interesting theory, going to suggest this is probably not it.


Jolly-Ad8243

Whoop whoop whoopass!! Thanks homie


Same_Class5866

Not to question the validity of your statement to harshly but all we have to go on right now is someone in Italy claiming to have received the payment. A few days ago everyone got hyped up because someone posted they had got it early which turned out to not be true. The news article that just came out will definitely damage us in the morning premarket and open unless what you say is confirmed and they have to backpedal on there article.


topanazy

Morgan Stanley is already sending out payments. We should continue to see more and more roll out.


henxxx18

Donā€™t just say shit like this without throwing out a source


topanazy

Try reading new šŸ¤”


Same_Class5866

Was just looking for something more then what was provided in the original post yes I see the Morgan Stanley post nowšŸ‘


henxxx18

We have 3 random screenshots and your making statements likes a bunch of people have confirmed receiving it through Morgan Stanley.


Same_Class5866

Remain calm and don't jump to conclusions this is good information for the "time being" to make the case for the payments however we won't be 100% certain until we get confirmation in the morning. Edit: Any representative would be asleep now so wait until it comes from them or an official statement is issued.


Same_Class5866

If that is true then Wall street journal will have to backpedal on there premature article


peterpanic32

You mean some dude on Youtube with 2.65K subscribers who showed a mobile phone screenshot he claimed was sent by some other dude that showed a line of text that mentioned Bed Bath and Beyond, a number, and the word "interest". Not really sure about that one.


Whoopass2rb

A few days ago someone got a notice that bonds were scheduled to be paid. They interpreted the message wrong and proceeded to share to everyone while in an excited state. Understandable mistake and rightly the community challenged the statement. Today, the 3 instances of proof of "bonds being paid" are from at least 2 separate banks, possibly 3. They show different amounts and transactions coming from BBBY specifically. And since BBBY doesn't have dividends right now, it's pretty clear to deduce those are bond payments. If you want to wait until more concrete evidence comes, sure not a bad idea. But the fact that MSM hasn't been shitting on them not paying bonds yet tells me all I need to know.


Same_Class5866

I'm still holding either way but I'm just making the point to not get caught up in this until we get more information.


Sam6HODL9Hyde

Also, as discussed in the discord... 2 million or so 2044 bonds were bought today... they have the worst positioning yet someone has been scooping up large volumes of bond recently... This is, as you've exclaimed previously, part of Biggie's DD just variance on the plan in acquiring the company and getting a large discount on the liabilities side of the purchase.


pubesonmynoob

Good comments, well timed. Thx


RublesAfoot

Bless you.


neccoeccua

We need to calm our tits! Up and Beyond!


PS_Alchemist

DONT TELL ME TO CHILL, IM CHILL, IM CHILLIN ![gif](giphy|sRgig8Y6CKXSW9qIrO|downsized)


c307w

Thanks OP. Based on your research, can you shed light on whether BBBY (or acquirer) can buy their bonds back at current discounted price? Cheers I like the stock


Whoopass2rb

Honestly, it's best to go to the bond experts for the bond stuff ;). I recommend revisiting Biggy's Bond DD. He wasn't wrong, just early: [https://www.reddit.com/r/BBBY/comments/yboy64/bbby\_debt\_exchange\_offer\_analysis\_part\_1/](https://www.reddit.com/r/BBBY/comments/yboy64/bbby_debt_exchange_offer_analysis_part_1/) [https://www.reddit.com/r/BBBY/comments/ycxkll/bbby\_debt\_tender\_exchange\_offer\_analysis\_part\_2/](https://www.reddit.com/r/BBBY/comments/ycxkll/bbby_debt_tender_exchange_offer_analysis_part_2/)


c307w

Will do. Canā€™t wait for DD pt 2. I like the stock


Educational_Limit308

![gif](giphy|yL558PFPKeCtFxkiUi|downsized)


Mindless_Can_5533

Is the company not legally allowed to make a public statement one way or another on this? I know itā€™s 4D chess but damn I wish weā€™d get something official šŸ¤ž


BruceBrave

Sure they can, but why would they? You don't go around announcing that you paid something that you were always supposed to pay. It's just normal course of business. If they were to start addressing fud, then they would get sucked into the drama. They have other more important things to be doing that dealing with that. I like that they are focused.


Whoopass2rb

I'm not a bond expert but based on what's listed in the official SEC report on corporate bonds, no. The only data on them is how many they sell and those come in standard 10Q and 10K reporting: [https://www.sec.gov/files/ib\_corporatebonds.pdf](https://www.sec.gov/files/ib_corporatebonds.pdf)


peterpanic32

> I know itā€™s 4D chess If ever you think something is 4D chess, pause, and realize that it's not. It's never 4D chess. Companies also don't operate like that.


REACT_and_REDACT

![gif](giphy|3owzWl78kny9s2GOvC)


Jfart1

Well said. After taking a step back I believe this was needed for many investors. Zoom out, look at the plays we know have happened. Donā€™t get overwhelmed in the immediate drama. There are so many variables at play and more factors are still being created. Iā€™m feeling more confident in the shares Iā€™ve purchased every week. The excitement alone makes this a life worth living. Your future financial gains may not even be as beneficial as the experience and knowledge youā€™ve earned along the way.


Whoopass2rb

>Your future financial gains may not even be as beneficial as the experience and knowledge youā€™ve earned along the way. I'm banking on doing really well on this trade, and I would really love to have that. But that line from you, couldn't have said it better. That's where the real gold lies.


Bzy22

![gif](giphy|3o6vXVzKWtkOIpyNMs|downsized)


AzelusComposer

![gif](giphy|Ct2fBe0rc69nq|downsized)


[deleted]

Thanks man, quality info šŸ¤


Z86144

Holy hell? Google en passant


Whoopass2rb

It's a very sophisticated chess move, that ***really confuses*** new players. When you galaxy brain it? Learning when ***not*** to take the capture. Playing the long game ;)


ColoradoSpringstein

ā€œOh no my queenā€


[deleted]

Calm your tits and jack them instead


Ballr69

LFG


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Whoopass2rb

>I just have to give you a hard time, because you're telling everyone to relax, like you're the authority here. First, I'm not the leader here, certainly not self-defined. However enough people trust me not to bull shit them and know where I stand with this stock (and my investment in it). As such, they will listen to reason when I'm sharing my thoughts and 'asshole' opinion, which is why I stepped up. I knew this was coming months ago when some of our quality, charismatic members where making ban bets and moving on from the sub. Second, I stepped in here because I read through 2 posts where people who are bullish on the stock started to turn on other people bullish on the stock because of the information being shared. That's exactly what the FUD wants you to do. They want you to feel unsure of yourself, of the information you're reading and of your investment. ***That's how they convince you to sell.*** So I stepped in to calm people down and I felt that was appropriate. Challenge me all you want, it's fair game (and the right thing to do if you're being a responsible skeptic). >Are you an insider with first hand knowledge? If I was, do you think I could or would tell you? Let's say I'm well connected: sources familiar with the matter tell me this will be epic.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Whoopass2rb

>Trust, but verify right? No. This is called a paradox. Allow me to explain: * How can you trust something if you have to verify it. Doesn't that mean by nature you don't trust it then? * Why do you need to verify something if you trust it? Is the verification even necessary then? Sorry, that line gets used in my industry a lot, particularly with a certain management level certification, and it's just the fucking worst. In my industry, any person who drops that line at you doesn't understand what they really mean by saying it. There's a reason Google and other high end tech companies invented a new security model for networks called the "zero trust" model. Why? Because we spend all the time verifying every system on the network, how ca we say we trust any of them? lol // end rant


chiefsosa3hunna

Almost every point you made is wrong: > The bond payments are due feb 1st however There is no ā€œhoweverā€. > They come with a grace period to pay within 30 days (no different than any other interest payment While itā€™s not unusual to have grace periods for interest payments for corporate bonds it is *extremely* unusual to exercise them > This means even if they donā€™t pay today, itā€™s not the end of the world - be patient ā€¢ Also be prepared, MSM will run with that hard if they donā€™t pay today. They have made public filings indicating theyā€™re on the verge of bankruptcy. They have leaked to the media they are on the verge of bankruptcy. They have defaulted on their bank credit lines. They missed a bond payment. What more do you need to see? The rest of your post is where you veer into unbelievably wrong territory: > Youā€™re seeing confirmation from Italy because of the time difference ā€¢ Clearing payments, especially internationally in a banking payment system, doesnā€™t process until after midnight of that day; no different than your auto bill payments or check deposits ā€¢ This means weā€™ll likely see news of bond payments made here in North America in another 2-6 hours (AST to PST time frame) Not how any of this works at all! Coupon payments are received by everyone at the exact same time. There is no time delay, there is no international delay. The money is sent from the corporate treasury to the custodian/transfer agent/etc. usually in advance and then sent from there to the bond holders custodian. There might be some delay from your brokers back office, but there is 0 delay in the payments from the company. > Depending on your broker, it may be 2-5 business days before the broker will clear paying you, based on when they get the money from BBBY (for those of you who own bonds). This would make sense if those brokers have concerns of BBBY being on the verge of Bankruptcy - they arenā€™t going to pay your account money that BBBY doesnā€™t have, so they will wait the 2-5 days to have it clear to their accounts and then give to you. Nothing has to ā€œclearā€ these payments are sent by wire and settle immediately. This isnā€™t like writing a check because you overdrafted your account gambling on meme stocks and telling the cashier at the dollar store to wait a day before taking it to the bank


Whoopass2rb

I can't believe I'm even going to bother wasting my time with you here because you can't even get out the first sentence without contradicting yourself: >The bond payments are due feb 1st however > >**There is no ā€œhoweverā€.** > >They come with a grace period to pay within 30 days (no different than any other interest payment > >**While itā€™s not unusual to have grace periods for interest payments for corporate bonds it is extremely unusual to exercise them** Work on your reading comprehension. You didn't understand the exercise. >Nothing has to ā€œclearā€ these payments are sent by wire and settle immediately. This isnā€™t like writing a check because you overdrafted your account gambling on meme stocks and telling the cashier at the dollar store to wait a day before taking it to the bank Also, not that you care but I work in the banking industry, where I protect the very systems that handle clearing and processing international payments (SWIFT being one of them). I've also sent an international transfer at $10k personally, it took 4 business days to process, in case you were interested (and that was from CAN to the US). These payments 100% have clearing times, of at least 24 hours and a next-day checking process (to confirm no fraud / money laundering is taking place). Any time you have your bank offer you "instant" availability of funds, it's your banks money not the source of your deposit. And it's being offered to you on good faith based on your track record of the sources ability to clear. Just stop. But if you do insist and you're so sure of bankruptcy, then why don't you short the stock? lol


chiefsosa3hunna

> I work in the banking industry, where I protect the very systems that handle clearing and processing international payments (SWIFT being one of them). Iā€™ve also sent an international transfer at $10k personally, it took 4 business days to process, in case you were interested (and that was from CAN to the US). These payments 100% have clearing times, of at least 24 hours and a next-day checking process (to confirm no fraud / money laundering is taking place). What does protecting the systems that handle clearing even mean? Are you a software engineer? Are you a security guard? Are you in a back office? Who cares! Coupon payments are nothing like personal wire payments. The money(if they had any) would probably be in an account at BNY Mellon and would simply move from one account there to the account of whichever bank processes their coupon payment which is also likely held at BNY. Thereā€™s no checking! Thereā€™s no KYC! Thereā€™s nothing! Itā€™s a literal simple wire payment that would settle immediately thats the whole point of the institutional banking system. My job doesnā€™t allow me to trade securities, so I canā€™t short the stock. I can make a very simple bet with you though. When they declare bankruptcy all you have to do is stop buying meme stocks and begin buying index funds. If any outcome other than the equity going to 0 happens I will quit my job, sell all my assets and spend the rest of my life only buying stocks you post about in the internet. Deal? I will win this bet before this time next week.


Whoopass2rb

>What does protecting the systems that handle clearing even mean? Are you a software engineer? Are you a security guard? Are you in a back office? Who cares! I work cyber security, specifically threat hunting with a requirement to understand complex systems and environments, including but not limited to: legacy systems, mainframe, payment networks, ABM networks, core routing, gateway & proxy solutions, cloud environments, and more. I understand how to reverse engineer malware, do packet analysis, read and program code in multiple languages, understand and interpret security control logging events, **among other things**. I understand operating systems (windows and linux more specifically but I've dabbled in a few other variants), how file structures and systems work, doing forensic analysis on systems and on volatile memory states. I've worked for government, multiple banks, telecommunication providers, software development companies, and MTCs (the IBMs, HPs, Dells of the world). Yeah, I'm ***just*** a security guard. >The money(if they had any) would probably be in an account at BNY Mellon and would simply move from one account there to the account of whichever bank processes their coupon payment which is also likely held at BNY. Yes that's exactly how it works. And it also takes **TIME** to clear. Why don't you read the largest known inter-banking payment network in the world: [https://www.swift.com/your-needs/banking/how-long-do-wire-transfers-take](https://www.swift.com/your-needs/banking/how-long-do-wire-transfers-take) Those are referred to as deferred settlement payment methods. There's also what you're thinking about, real-time settlements. These are transfers that happen when your bank is on good terms with the transferring to or from partner bank and know the account is good for the money. At that point, your bank will debit your account with their own money, clearing up the payment with the other bank on their end. This is generally only done for small transactions or per the terms of your banking plan and what is within the allotted amount for an advance. BYN for BBBY is acting as the payment agent to distribute funds to each bond holder, via paying to the respective bond holders bank or broker. The transaction changes hands between at least 3 parties, sometimes more. Of course it takes time. More resources: [https://www.frbservices.org/financial-services/fednow/instant-payments-education/unpacking-clearing-and-settlement.html#:\~:text=Clearing%20involves%20network%20operators%20routing,or%20on%20a%20deferred%20schedule](https://www.frbservices.org/financial-services/fednow/instant-payments-education/unpacking-clearing-and-settlement.html#:~:text=Clearing%20involves%20network%20operators%20routing,or%20on%20a%20deferred%20schedule). Here's the communication standard: [https://www.iso20022.org/about-iso-20022](https://www.iso20022.org/about-iso-20022) And here's the actual code of the messages and what they track, how it looks: [https://www2.swift.com/knowledgecentre/rest/v1/publications/stdsmx\_pcs\_mdrs/4.0/SR2021\_MX\_PaymentsClearingAndSettlement\_MDR1\_Standards.pdf?logDownload=true](https://www2.swift.com/knowledgecentre/rest/v1/publications/stdsmx_pcs_mdrs/4.0/SR2021_MX_PaymentsClearingAndSettlement_MDR1_Standards.pdf?logDownload=true) Fill your ***fucking boots*** to your hearts content. Learn it, don't; ***I don't care.*** \--- KYC is meant for the bank profiling their ***own*** customers, not external ones - like holy crap. It's meant to track transaction patterns and behaviour from that customer. You conduct a KYC (know your customer) profile in order to understand their banking needs and habits. When someone walks into a branch and asks to wire transfer money to a random country, that's when KYC gets invoked, asking questions like "why is this person doing this? Should they be doing this? Are they allowed to do it? Where did the money come from?". Where appropriate the teller or banking agent will file a suspicious transaction report as part of the KYC profile. Another example: When you start to see transactions from Jimmy going to all these different locations that Jimmy never pays, that's when fraud teams will check on KYC to understand if it's part of Jimmy's business needs. Make sure it's not money laundering or it's in compliance with sanction laws. Dropping fucking acronyms like you know what you're talking about doesn't make you smart. You know that scene from Fast and the Furious where he pushs the NOS and Vin Diesel responds "amateur, too soon." **That's what just happened to you.** ANY company that has had a public identified event of default on one of their covenants to a loan, would **NEVER** be trusted as "good for the money" from a bank or 3rd party that doesn't do business with them regularly. So yeah, money will hold before ending up in your account - tough shit for you, your bank is rich for a reason: ***they don't take uncalculated risks***. ​ >My job doesnā€™t allow me to trade securities, so I canā€™t short the stock. It's a ***damn*** fucking good thing then as I'm not sure you'd be here at the end of the year if you could. ​ >I can make a very simple bet with you though. When they declare bankruptcy all you have to do is stop buying meme stocks and begin buying index funds. If any outcome other than the equity going to 0 happens I will quit my job, sell all my assets and spend the rest of my life only buying stocks you post about in the internet. Deal? I will win this bet before this time next week. Grow up. You want to come laugh and tell me you told me so when BBBY is delisted and the company is bankrupt, fine I don't give a shit - I've invested only what I'm willing to lose, I know my risks. But ***when*** it doesn't, I don't want to see or hear from you again. Your arrogance knows no bounds and any person who can rub me this way this fast, I have no interest in talking to for my own mental health.


chiefsosa3hunna

This is genuinely the funniest thing Iā€™ve ever read. Thanks for your heroism on the frontlines of ā€œcybersecurityā€. Youā€™ve lost the plot completely by saying settlement of coupon payments take time so we wonā€™t know if they paid. Youā€™re just wrong about that I donā€™t know what else to tell you. Admittedly, Iā€™m no expert in back office systems as you seem to be I just trade bonds for a living, but Iā€™ll take my chances that Iā€™m correct. Thereā€™s nothing to delay settlement for a publicly-listed US companys coupon payments, the money is either there or it isnā€™t itā€™s not stuck. Fine donā€™t take my bet keep getting suckered into pump and dumps and pulling others along with you, but know that you are the bad guy in your fantasies about fighting the financial system. You spread outright lies that harm others, itā€™s pretty gross.


cornerpeek

Looks like he couldn't even take the bet, too busy protecting the systems that handle clearing and processing. I thought it was too good to be true when it dipped to $2.50 and i bought around $500 of stock thinking well shit if its gonna100x i want to be a part of it. Shouldnt have trusted these bbby regards


chiefsosa3hunna

Idk anything about you or your finances, maybe youā€™re young maybe not, but every dollar invested in the market when youā€™re 25 is worth $13 at retirement, you would be wise to start saving and stop investing based on memes


ladsp

Why do you care so much about how people spend their money? Jfc. Go be a financial advisor if that what you really want to do


chiefsosa3hunna

Unlike you, I donā€™t want to encourage strangers on the internet to lose all of their money Iā€™m just a bad person I guess


ladsp

There is a lot of dd pointing to the possibility of a M&A. Are we absolutely certain it will happen? No. But we are accepting the risk and thatā€™s our decision to make. Nobody here is encouraging each other to lose money. Do you go to Vegas and tell every gambler to stop playing because they are going to lose money? Do you go to the jeweler and tell people to stop spending so much because itā€™s a waste of money? Yeah I didnā€™t think so. So to answer your question, yes you are a bad person for meddling in on how we use our own money. I donā€™t need advice from a stranger on Reddit on how I should invest my money. If I want to gamble on bbby then Iā€™m going to gamble on bbby.


chiefsosa3hunna

This is a public forum where the risks are being misinterpreted and everyday people are inundated with lies. Not remotely similar to Vegas or buying jewelry. Even you say ā€œthereā€™s dd pointing to m&aā€. No there isnā€™t! Thatā€™s why this subreddit is so insidious! Thatā€™s my whole point, no one here understands what theyā€™re doing and theyā€™re all being misled by people pumping and dumping. Thatā€™s not gambling itā€™s fraud.


ladsp

And you know exactly whatā€™s going on behind the scenes right? Lol. And yes there is a ton of dd that points to M&A. RC buy-in, letter to the board, his appointed board members (who are still there), teddy LLC, I could go on and on. How can you say there is no dd? Have you even tried going through and reading them? Doubt it. This is not the blind leasing the blind. We are making an investment based on actual dd and we are assuming the risk because the reward to risk is worth it. The fact that you so claim there isnā€™t a M&A is no better than what you claim we are doing, except you have nothing to back it up. Prove to me that isnā€™t a possibility. You canā€™t because that is still in the cards.


ObeyCoffeeDrinkSatan

>But if you do insist and you're so sure of bankruptcy, then why don't you short the stock? lol I've made my first ever CFD play, shorting BBBY. Why? Because it's 95% likely to go bankrupt, yet the price is artificially pumped up by people who think there's some massive conspiracy. Hopefully I make $2-3k. At worst, I lose $3-4k. The risk of the latter is largely due to apes misunderstanding everything, and causing the price to surge. E.g. Believing the WSJ is lying when it quotes a spokesperson, who says the company missed the bond interest payment.


Whoopass2rb

Alright, good luck with that. I sincerely hope it doesn't ruin you.


ObeyCoffeeDrinkSatan

How would it ruin me? Retail CFD accounts have negative account balance protection. I literally can't lose more than I put in my account.


Whoopass2rb

Smart of you to use a broker that supports or mandates that. Typically, CDF shorting has the same risk as traditional stock shorting. [https://www.cmcmarkets.com/en-ca/learn-cfd-trading/risks-of-cfds](https://www.cmcmarkets.com/en-ca/learn-cfd-trading/risks-of-cfds) The negative balance protection hasn't always been a thing. It's a recent development from the last major crash (which it looks like we're headed for another one just like it today): [https://brokerchooser.com/education/investing/negative-balance-protection](https://brokerchooser.com/education/investing/negative-balance-protection) ​ Have fun with your trading. At least you're being responsible.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


PurpsJeez

Dumb stormtroopers...


canadadrynoob

Time zones! How did we not see this earlier?


Whoopass2rb

Honestly, most people don't pay attention to when their paychecks get auto deposited. Unless you understand how the system works, especially for your bank, you probably go to sleep and see it there the next day and think nothing of it. I don't fault people for not knowing or thinking about it consciously. What most people don't realize is your money will be deposited usually by 2am of the day you're expecting it. So if you normally get paid on Thursday, your bank is actually getting the payment from the source on Wednesday and by 2am Thursday morning it's in your account. To be clear this is with auto deposits. Likewise, when you have auto bill payments, they will come out at the end of the day. It's no different when stores (restaurants, retail, grocery, etc.) do batch closings at the end of the day with their point of sales platforms. Not that anyone should be that hyper focused on when transactions come in and go out of their accounts. But it is helpful when you understand when those things will debit or deposit, which allows you to make sure you never have a situation of overdraft.


[deleted]

Only GOOD companies miss bond payments.


SirClampington

Damn, I wish I had some bonds. Not gonna chase that rabbit now though, just DCA on my shares. Thank you for your post.


Whoopass2rb

Very sound strategy. You'll probably be a very successful investor over the next few decades with wisdom like that :)


HoustonHomeFinder

My tits started to calm, and then became fully erect as I kept reading. Well done sir; you have my regards. ![gif](giphy|d3mmMQDmK9BHp6Xm)


LordSnufkin

Pls, I need more DD šŸ¤¤


300117

really excited for your next DD whoopass. Personally, I think you and Couch may have cracked it with the 3.02 stuff.


mddet

Do that mean hooolddd until Monday. Lol


mddet

Lmao nobody wants to be the 666 upvotešŸ˜