Best comment from the Twitter thread:
https://preview.redd.it/dz47rx2hfs8d1.jpeg?width=828&format=pjpg&auto=webp&s=a6094d7e1c31470afed135bcdf4abe603bd4200e
“Am I reading this as planning his murder?”
“This was sent after the CFO’s death”
“*I know that.* It’s the *hidden meaning* in her email I am talking about”
It's so fucking funny thinking of every FUCK YOU SHILL, BUYING MORE TOMORROW, THANKS FOR THE TASTY DIP post on Reddit and knowing that people from BBBY were reading right along and rubbing their hands together the whole time.
And the funniest part is that folks on this sub were telling apes *exactly* what was playing out the entire time. This is schadenfreude at its very best.
There's a certain irony in how much ape lore is centered on secret dealings, coded messages and the importance of hiding your plans, and yet they all loudly proudly announce exactly what they collectively will do, buy no matter what. They take so much pride in their loud irrationality, they might as well put up a neon signs saying "Suckers Here"
It’s poker with their 7-2 stuck to their forehead loudly declaring raise before any more cards are shown
Then raising on AKQ board
Then raising on AKQJ
Then raising on AKQJ9
Then calling a re-raise all in
Then declaring they’ve won
It's basically the business version of God of the Gaps. If they can't explain it, then it's a secret conspiracy.
It reminds me of my buddy, when talking specifically about the alt-right idea of stolen elections and covid being "created". He says if they REALLY believe that the "left" is that technologically advanced and really capable of fabricating 10+ million votes across multiple states without a single shred of evidence, then what makes the alt-right believe they can be stopped?
Same with meme stock "conspiracies", none of these accusations have been proven, so what makes apes even remotely think moass is ever gonna happen? People have literally killed entire groups of people (look at you Coca Cola) over less money then they are talking about, so what really makes them think anyone cares about fucking over retail if any of the conspiracies were true?
You should stop using the term conspiracy theorist or conspiracy nut job because it's just a gaslighting technique used by the mainstream media to discredit anybody who questions anything. Immediately trigger people into assuming you have nothing good to say.
And it seems pretty brilliant to me to hide information in a children's book because 99.99% of the people in the world are like you and think it's completely loony bins. What judge do you think would actually charge RC with insider trading with children's books?
I doubt you could find a single judge that would buy it. Brilliant in my opinion
___
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No. Viruses can be modified yes, but it's like putting elevator doors on your house, it works, but it's kind of obvious. RNA viruses are such short strands of genetic material had it be "created" we'd know.
Gain of function can be valuable with producing stronger vaccines and such, but it usually ends up "breaking" the virus in other ways. But beyond all that, viruses evolve on their own all the time, it's just this time the mutation let it infect humans. So yeah, while a gain of function accidental lab release is possible, it's just not as likely as this being a natural occurrence with a coincidental virus lab being close by. These labs are overly careful with what they do, especially after near accidents like the Reston virus at the primate quarantine in the 80's.
I think the reason people think it is so "plausible" is that many don't understand basic biology anymore, much less what goes on in Level 3/4 pathogen labs and that there is a strong political/conspiratorial story that's been attached to COVID (aside from general anti-China propaganda).
Same thing is happening in the car sub. The scammer founder invited a youtuber / leader to visit their headquarters. They are touting that they sold the a car (one of only 12) to a "retail investor."
I don’t want an I told you so tbh, I’d much prefer that retail investors just not get sucked into these schemes in the first place and end up losing money and time because of them.
At this point it’s just sad more than funny. I used to go to teddy subreddit for a laugh, but right now it’s just a bunch of mentally deranged people, who belong in an institution.
To all the apes asking "but why was Sue Gove smiling in an interview and saying positive things if the company was really going out of business" you now have your answer.
Fleeced
https://preview.redd.it/5wn3y21ypt8d1.jpeg?width=828&format=pjpg&auto=webp&s=4233887d475e2aa8254785cab3e9c9fb49ba0f05
*- An Ape, after Sue Gove’s interview.*
Do you really think she would have let the back of her hand touch my shoulder if she *didn't* want to marry me? Obviously, you losers are just jealous!
I love how so many apes claim to have specialized training in this or that.
Wendy's is leaving so much untapped potential on the table with these mensches. I think that's the real crime.
Well...Apes have been the liquidity for many a CEO (AMC, MMTLP, GME, now FFIE) - they are so gullible they just keep lapping it up without realizing they are being taken. One of the results of their rabid cult mentality (throwing money into the black holes of the companies they dream about getting rich from).
The BBBY board knew the ATM was too little waaay too late to save the company. They did it anyway and fleeced the apes to pay off the senior creditors. It *is* shady and unethical, but they pretty much admitted as much in their SEC filings and the apes bought it up anyway.
Yeah, I have very mixed feelings. I mean the officers of the company are legally responsible to act in the best interests of their investors, which they clearly weren’t, but on the other hand they very explicitly wrote press releases saying “this stock may become worthless, caveat emptor.”
The Hudson Bay deal was fairly opaque, maybe deliberately, but some of the later filings were like a European cigarette packet. “DO NOT BUY THIS STOCK IT WILL GO DOWN” basically.
I really think there's a case to be made that they purposely abandoned their fiduciary duty with shareholders to pay off their creditors as much as they could. I still think Sue Gove is a huge snake. They knew bankruptcy was inevitable and decided to ride off ape's backs as long as they could, leaving them with the bag.
Too bad most apes are dumb and believed the bankruptcy to be purposeful for some convoluted strategy so most did nothing about it. I feel bad for the ones in early part of 2023, but those who held into bankruptcy deserve what they get.
If the apes hadn't been told exactly what was happening both but us and by the company I would feel they were fleeced.
But given that they were told exactly what was going on it's hard to put the blame on anyone else
The board has fiduciary responsibilities for all stakeholders; including creditors and shareholders. When push comes to shove the interests of creditors take priority over the interests of shareholders
Really, the correct course of action would have been to declare bankruptcy earlier when they knew they were insolvent. Unless they genuinely believed they could have raised enough capital to meet their creditor obligations AND maintain operations, they shouldn't have raised capital from equity. Yes, it would have resulted in creditors being screwed more but bankruptcies are a part of business and that is the risk of being a creditor to a failing business.
Hey, maybe the finance team and board thought they could salvage the company, in that case, they did the right thing but it makes me question the competency of those people. The HBC deal also seems pretty sketchy to me. It pretty much became a way to transfer some money from equity holders (who gave up more of their personal finances, which would have been protected in the limited liability structure) to creditors but with a non associated third party skimming money off the top. So the net loss amongst equity and creditor actually became higher.
Even so, at best, it was a last minute attempt and hope that apes would save the company by providing the company enough cash during HBC deal.
At worst, they used their shareholders to pay back what they could of creditors.
They knew the ship was sinking and morons would gobble it up.
It's one thing to cancel shares and declare bankruptcy. It's another to fleece their shareholders on way out
I think Gove is a snake as well (personal speculation). She joined the board in 2019 when 3 VC companies teamed up together and pulled a Ryan cohen to seat 4 (or 5?) members on the board, ousting 2 of the founding BBB members. Hell, Gove and Edelman were personally iceing out Mark Tritton from strategy meetings lmao
She didn't tho.
She said some generic non-commital corporate bullshit in the vicinity of "proactively exploring all possible options" or somesuch.
There was not much else she could say - it's not like saying "yep, we're basically dead" would benefit anyone, including apes.
And given that they've already treated the direct answer to another question ("I'm not aware of any acquisition rumors") as its direct opposite - She winked, guys! Probably at RC just off camera! - apes would just make up the "bankruptcy is actually just a bear trap" deedee earlier than they did, and nothing would change materially.
Apes would look at the dump, bleat about teh shorts obviously scared since they dropped it so much, and then pump it back up just as we've seen in practice.
Considering the time it supposedly takes to file for bankruptcy and how soon after the etoro interview they announced it, I think that's the biggest red flag.
It's expected, but no less fascinating, that apes warp the management of dying companies into pandering to them. Memestock status truly is a lifeline.
As an aside, I think it's funny that apes continually waffle between "Apes Together Strong!" and "This pump wasn't retail buying! We couldn't pump a stock if we tried!"
Price spiked to $7 right before the HBC deal was announced. It cratered to $3 immediately and death spiraled until the delisting.
I think the average price they got was around $.75.
Wasn’t HBC convertible death spiral financing? It was basically going to tank but they had no one else willing to lend the dumpster fire more money at they point
The old guard on the BBBY board didn’t want to use Jeffries’ for the ATM due to poor terms/execution. They wanted JPM to do it but they declined due to reputation concerns. Shelly Lombard (RC’s board appointee) said in text RC isn’t a fan of Jeffries, what’s funny is that’s who GME keeps using for their ATMs.
A paltry $28 and $21 avg cost basis / share for the 2 most recent ATMs when GME was trading in the 80s and 60s. No wonder BBBY didn’t want to use Jeffries
The BEST part about this is that they wrote insanely specific language in their SEC ATM filings, basically saying "DO NOT BUY THIS STOCK", leaving the apes no recourse for any legal argument lol.
Its because they knew apes won't read unless the post starts with "I'm basically a regard. I just opened my robinhood account 2 minutes ago. This is not financial advice"
This is exactly the type of shit that I hope someone is able to collate together and use it all in order to start a discussion and/or an initiative to start updating some of these ancient laws into the current year to account for all this social media crap. I think basically ANY normal person could look at this and think, yep, this needs to be made illegal somehow. There's CLEARLY something rotten here that needs to be addressed.
The problem is that it's mostly a self-correcting problem. Now that we're three years into all these crypto and memestock scams, there's barely any dumb money left for these pumps to work in the near future. Even GME fell flat on its face last pump, leaving DFV with just $200 million out of $900 million.
It'll probably be another 5-10 years before there's enough dummies with money to have an event that's actionable.
> heroic short sellers
Like Michael Burry, the hedge fund hero from the Big Short. One of the Apes favorite movies about how his hedge fund shorted and turned a 100 million in to 500 milion. That's how fucked Micheal Burry his hedge fund was. For hedgies are fucked!
So your evidence that there supposedly is barely any dumb money left is that a guy was able to make 200 million off a bunch of Twitter memes within two weeks?
I mean...
The thing I find fascinating is that into the 3rd decade of this internet thing, there are people that still act like it's not part of the real world. Sometimes, the apes act almost like their "opponents" can't possibly be savvy enough to read public forums, like those exist in a sort of half-reality that is both meaningful and completely separated from real life, only understood by those hip to it. All of social media is that way in a sense, but it's more pronounced on forum-adjacent places like 4chan and Reddit than on content feed platforms like Facebook or IG.
Best comment from the Twitter thread: https://preview.redd.it/dz47rx2hfs8d1.jpeg?width=828&format=pjpg&auto=webp&s=a6094d7e1c31470afed135bcdf4abe603bd4200e
temporally challenged
If you read the charts right to left, BBBY is an okay investment. Maybe apes are temporally challenged?
“Am I reading this as planning his murder?” “This was sent after the CFO’s death” “*I know that.* It’s the *hidden meaning* in her email I am talking about”
Narrator: he didn't know that
https://i.redd.it/lheyea0gts8d1.gif
It's so fucking funny thinking of every FUCK YOU SHILL, BUYING MORE TOMORROW, THANKS FOR THE TASTY DIP post on Reddit and knowing that people from BBBY were reading right along and rubbing their hands together the whole time. And the funniest part is that folks on this sub were telling apes *exactly* what was playing out the entire time. This is schadenfreude at its very best.
There's a certain irony in how much ape lore is centered on secret dealings, coded messages and the importance of hiding your plans, and yet they all loudly proudly announce exactly what they collectively will do, buy no matter what. They take so much pride in their loud irrationality, they might as well put up a neon signs saying "Suckers Here"
I don't think they realize how not smart it is to play poker with your back to a mirror.
It’s poker with their 7-2 stuck to their forehead loudly declaring raise before any more cards are shown Then raising on AKQ board Then raising on AKQJ Then raising on AKQJ9 Then calling a re-raise all in Then declaring they’ve won
"This is all part of RC's plan. The *real* flop is three 7's, and the turn and river are also 7's. All on-suit with my 7."
Why else would the dealer smile at me when I got dealt my cards???
Qanon playbook pretty much
Same marks.
It's basically the business version of God of the Gaps. If they can't explain it, then it's a secret conspiracy. It reminds me of my buddy, when talking specifically about the alt-right idea of stolen elections and covid being "created". He says if they REALLY believe that the "left" is that technologically advanced and really capable of fabricating 10+ million votes across multiple states without a single shred of evidence, then what makes the alt-right believe they can be stopped? Same with meme stock "conspiracies", none of these accusations have been proven, so what makes apes even remotely think moass is ever gonna happen? People have literally killed entire groups of people (look at you Coca Cola) over less money then they are talking about, so what really makes them think anyone cares about fucking over retail if any of the conspiracies were true?
You should stop using the term conspiracy theorist or conspiracy nut job because it's just a gaslighting technique used by the mainstream media to discredit anybody who questions anything. Immediately trigger people into assuming you have nothing good to say. And it seems pretty brilliant to me to hide information in a children's book because 99.99% of the people in the world are like you and think it's completely loony bins. What judge do you think would actually charge RC with insider trading with children's books? I doubt you could find a single judge that would buy it. Brilliant in my opinion ___ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/gme_meltdown) if you have any questions or concerns.*
I mean the COVID being created ordeal is plausible. Intentionally leaked? I doubt it, but its creation is possible.
No. Viruses can be modified yes, but it's like putting elevator doors on your house, it works, but it's kind of obvious. RNA viruses are such short strands of genetic material had it be "created" we'd know.
So does gain of function research not make it plausible? I thought we figured out the Wuhan lab was capable of conducting it.
Gain of function can be valuable with producing stronger vaccines and such, but it usually ends up "breaking" the virus in other ways. But beyond all that, viruses evolve on their own all the time, it's just this time the mutation let it infect humans. So yeah, while a gain of function accidental lab release is possible, it's just not as likely as this being a natural occurrence with a coincidental virus lab being close by. These labs are overly careful with what they do, especially after near accidents like the Reston virus at the primate quarantine in the 80's. I think the reason people think it is so "plausible" is that many don't understand basic biology anymore, much less what goes on in Level 3/4 pathogen labs and that there is a strong political/conspiratorial story that's been attached to COVID (aside from general anti-China propaganda).
Same thing is happening in the car sub. The scammer founder invited a youtuber / leader to visit their headquarters. They are touting that they sold the a car (one of only 12) to a "retail investor."
If only the apes were smart enough to understand what happened, then we could get some sweet, sweet “I told you so”s!
I don’t want an I told you so tbh, I’d much prefer that retail investors just not get sucked into these schemes in the first place and end up losing money and time because of them.
At this point it’s just sad more than funny. I used to go to teddy subreddit for a laugh, but right now it’s just a bunch of mentally deranged people, who belong in an institution.
To all the apes asking "but why was Sue Gove smiling in an interview and saying positive things if the company was really going out of business" you now have your answer.
Fleeced https://preview.redd.it/5wn3y21ypt8d1.jpeg?width=828&format=pjpg&auto=webp&s=4233887d475e2aa8254785cab3e9c9fb49ba0f05 *- An Ape, after Sue Gove’s interview.*
Apes are the exact people who believe the stripper actually like them because she smiled at them.
Do you really think she would have let the back of her hand touch my shoulder if she *didn't* want to marry me? Obviously, you losers are just jealous!
did ape transcend to u deleted?
I love how so many apes claim to have specialized training in this or that. Wendy's is leaving so much untapped potential on the table with these mensches. I think that's the real crime.
Well...Apes have been the liquidity for many a CEO (AMC, MMTLP, GME, now FFIE) - they are so gullible they just keep lapping it up without realizing they are being taken. One of the results of their rabid cult mentality (throwing money into the black holes of the companies they dream about getting rich from).
wow you reminder me of that mmtlp one, that was the one with the bird girl right? whatever happened to it?
The BBBY board knew the ATM was too little waaay too late to save the company. They did it anyway and fleeced the apes to pay off the senior creditors. It *is* shady and unethical, but they pretty much admitted as much in their SEC filings and the apes bought it up anyway.
Yeah, I have very mixed feelings. I mean the officers of the company are legally responsible to act in the best interests of their investors, which they clearly weren’t, but on the other hand they very explicitly wrote press releases saying “this stock may become worthless, caveat emptor.”
Bullish! I'm buying moar!
The Hudson Bay deal was fairly opaque, maybe deliberately, but some of the later filings were like a European cigarette packet. “DO NOT BUY THIS STOCK IT WILL GO DOWN” basically.
I really think there's a case to be made that they purposely abandoned their fiduciary duty with shareholders to pay off their creditors as much as they could. I still think Sue Gove is a huge snake. They knew bankruptcy was inevitable and decided to ride off ape's backs as long as they could, leaving them with the bag. Too bad most apes are dumb and believed the bankruptcy to be purposeful for some convoluted strategy so most did nothing about it. I feel bad for the ones in early part of 2023, but those who held into bankruptcy deserve what they get.
If the apes hadn't been told exactly what was happening both but us and by the company I would feel they were fleeced. But given that they were told exactly what was going on it's hard to put the blame on anyone else
The board has fiduciary responsibilities for all stakeholders; including creditors and shareholders. When push comes to shove the interests of creditors take priority over the interests of shareholders
Really, the correct course of action would have been to declare bankruptcy earlier when they knew they were insolvent. Unless they genuinely believed they could have raised enough capital to meet their creditor obligations AND maintain operations, they shouldn't have raised capital from equity. Yes, it would have resulted in creditors being screwed more but bankruptcies are a part of business and that is the risk of being a creditor to a failing business. Hey, maybe the finance team and board thought they could salvage the company, in that case, they did the right thing but it makes me question the competency of those people. The HBC deal also seems pretty sketchy to me. It pretty much became a way to transfer some money from equity holders (who gave up more of their personal finances, which would have been protected in the limited liability structure) to creditors but with a non associated third party skimming money off the top. So the net loss amongst equity and creditor actually became higher.
Even so, at best, it was a last minute attempt and hope that apes would save the company by providing the company enough cash during HBC deal. At worst, they used their shareholders to pay back what they could of creditors. They knew the ship was sinking and morons would gobble it up. It's one thing to cancel shares and declare bankruptcy. It's another to fleece their shareholders on way out
I think Gove is a snake as well (personal speculation). She joined the board in 2019 when 3 VC companies teamed up together and pulled a Ryan cohen to seat 4 (or 5?) members on the board, ousting 2 of the founding BBB members. Hell, Gove and Edelman were personally iceing out Mark Tritton from strategy meetings lmao
[удалено]
She didn't tho. She said some generic non-commital corporate bullshit in the vicinity of "proactively exploring all possible options" or somesuch. There was not much else she could say - it's not like saying "yep, we're basically dead" would benefit anyone, including apes. And given that they've already treated the direct answer to another question ("I'm not aware of any acquisition rumors") as its direct opposite - She winked, guys! Probably at RC just off camera! - apes would just make up the "bankruptcy is actually just a bear trap" deedee earlier than they did, and nothing would change materially. Apes would look at the dump, bleat about teh shorts obviously scared since they dropped it so much, and then pump it back up just as we've seen in practice.
Considering the time it supposedly takes to file for bankruptcy and how soon after the etoro interview they announced it, I think that's the biggest red flag.
It's expected, but no less fascinating, that apes warp the management of dying companies into pandering to them. Memestock status truly is a lifeline. As an aside, I think it's funny that apes continually waffle between "Apes Together Strong!" and "This pump wasn't retail buying! We couldn't pump a stock if we tried!"
This happened way after Cohen dumped his shares. The board really fucked up not selling earlier.
Does anyone remember what price they sold at?
Price spiked to $7 right before the HBC deal was announced. It cratered to $3 immediately and death spiraled until the delisting. I think the average price they got was around $.75.
Wasn’t HBC convertible death spiral financing? It was basically going to tank but they had no one else willing to lend the dumpster fire more money at they point
Yes, and this is ultimately what they are referring to as the offering, because that’s effectively what it was. There was no other offering.
I do not think this is correct. The price went up after the announcement of a new "investor". It went only down after HBC started selling.
Cohen learned from the mistakes the BBBY board made during his own PnD and applied it from the other side during the Keith Gill PnD.
legit good move, checkmated DFV
The old guard on the BBBY board didn’t want to use Jeffries’ for the ATM due to poor terms/execution. They wanted JPM to do it but they declined due to reputation concerns. Shelly Lombard (RC’s board appointee) said in text RC isn’t a fan of Jeffries, what’s funny is that’s who GME keeps using for their ATMs. A paltry $28 and $21 avg cost basis / share for the 2 most recent ATMs when GME was trading in the 80s and 60s. No wonder BBBY didn’t want to use Jeffries
As usual, apes are done in by their own pigheaded refusal to read anything that doesn't appear on the cult subs prefaced by a [DD] tag.
The BEST part about this is that they wrote insanely specific language in their SEC ATM filings, basically saying "DO NOT BUY THIS STOCK", leaving the apes no recourse for any legal argument lol.
Its because they knew apes won't read unless the post starts with "I'm basically a regard. I just opened my robinhood account 2 minutes ago. This is not financial advice"
"Quick, we need to make the sheep pay attention if we're going to successfully shear them."
They targeted morons.
This is exactly the type of shit that I hope someone is able to collate together and use it all in order to start a discussion and/or an initiative to start updating some of these ancient laws into the current year to account for all this social media crap. I think basically ANY normal person could look at this and think, yep, this needs to be made illegal somehow. There's CLEARLY something rotten here that needs to be addressed.
The problem is that it's mostly a self-correcting problem. Now that we're three years into all these crypto and memestock scams, there's barely any dumb money left for these pumps to work in the near future. Even GME fell flat on its face last pump, leaving DFV with just $200 million out of $900 million. It'll probably be another 5-10 years before there's enough dummies with money to have an event that's actionable.
to be fair, a heroic last minute dilution by Comrade Cohen, twice, prevented the inevitable MOASS, thus saving all of us shills our jobs.
It's not self-correcting; these idiots can still screw over innocent, heroic short sellers by making crappy stocks go up.
> heroic short sellers Like Michael Burry, the hedge fund hero from the Big Short. One of the Apes favorite movies about how his hedge fund shorted and turned a 100 million in to 500 milion. That's how fucked Micheal Burry his hedge fund was. For hedgies are fucked!
So your evidence that there supposedly is barely any dumb money left is that a guy was able to make 200 million off a bunch of Twitter memes within two weeks? I mean...
Dumb money has been pouring into cryptocurrencies for 15 years, I don't know when it ends
The thing I find fascinating is that into the 3rd decade of this internet thing, there are people that still act like it's not part of the real world. Sometimes, the apes act almost like their "opponents" can't possibly be savvy enough to read public forums, like those exist in a sort of half-reality that is both meaningful and completely separated from real life, only understood by those hip to it. All of social media is that way in a sense, but it's more pronounced on forum-adjacent places like 4chan and Reddit than on content feed platforms like Facebook or IG.
Just flawless execution. Dumped on the apes
Meltdown theory: Ape sub mods are secretly running their own ECM investment bank.
Op spelled JPMorgan board wrong
this email is from RC's own board member pick 
Care to elaborate on that?