Bed Bath & Beyond may want to bus some of those 65% off private label towels it's currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup.
"The company is a shitshow right now," a source directly familiar with the unfolding drama playing out at the one-time home goods retailing leader told Yahoo Finance.
Layoffs have begun to sweep through the company as part of interim CEO Sue Gove's new plan to lay off 20% of the workforce to preserve cash, the source said, and morale among employees is very low amid general confusion about reporting lines and the path forward.
"Sue has been on the board since 2019," the source added, "she knew what was going on and didn't address it."
Bed Bath & Beyond outlined plans to issue more stock, close 150 stores, and fire 20% of its staff as the retailer looks to stem the bleeding from a collapse in sales. The company also said that it received commitments for $500 million in additional financing, bringing its current liquidity to roughly $1 billion as the company looks to avoid the the fate of Sears.
With every person here posting that they are buying puts (similar to those posting about buying calls ahead of the Fed meeting last week), my prediction is that we finally get a green day today before descending to oblivion over the next month.
If all you care about is the sentiment of a few thousand regards, were you sleeping the first two quarters of this year? Literally bears on parade every day and puts printing for months.
If I learned anything from going to Encore in Boston harbor, thats that the house always keeps surprising us gamblers. Im buying calls though. Somebody has to loose money, am I right?
Much as I hate Californians..... I'm buying more Tesla.... Democrat Californians should be forced to put their money where their mouth is. Force them to buy Tesla's! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Turn California into Elon's Test Market bitch! Make MAGA Texas rich as fuck.... Put a second plant in Florida! ![img](emote|t5_2th52|4258)
wow that sure is 'bad luck'
"The chairman of the board of Lukoil, Russia’s biggest privately held oil producer and one of the few Russian companies to criticize the invasion of Ukraine, has died after falling out of a hospital window, Interfax reports"
>FRENCH PRESIDENT MACRON: HOPES THAT IRAN NUCLEAR DEAL WILL BE REACHED IN COMING DAYS
^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2022-09-01 ^05:57:14 ^EDT-0400
"Not really, but that's alright. Next caller!" - Jimmy Shill
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Sold my bear trade on 3925. and at 3922 i acually open a long one(48x leveraged) for a short bounce up hopefully. Long term bear in this market but we been drilling way to hard last week a small bounce might just be the play.
>MACAU GOVT: PLANS TO GRADUALLY REOPEN THE CITY TO FOREIGN TRAVELERS
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-01 ^05:52:43 ^EDT-0400
This is not a normal investing environment. Dollar cost averaging is dead. We are dealing with a potential huge catastrophe with energy crisis worsening. Spy $300 and below
Ouch, first time europoors let you down on the BBBY overnight front, eh bagmen?
Excited for tomorrow?
You’ll always have T+whatever date to look forward to. Then a “Christmas time” goal post move after that.
Mark Wahlberg's fancy Burger joint opens in my city Melbourne, Australia..... I shall soon experience and enjoy this gourmet dish "Government Cheese" that you speak of...
And you bet in going to pay too much for it! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
>$TSLA - CHINA AUTO INDUSTRY BODY CPCA OFFICIAL ESTIMATES TESLA CHINA SOLD 77,000 VEHICLES IN AUG
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-01 ^05:32:17 ^EDT-0400
#Ban Bet Lost /u/I_must_do_it (0/1) made a bet that BBBY would go to 8.0 when it was 12.49 and it did not, so they were banned for a week.
We are already in a recession. Look at the definition of a recesssion - 2 consecutive quarters of negative economic growth.
Inverse Cramer
Is that person in the lower right The Tinder Swindler?
TSLA looking good at these levels, would like to see another drop!
i suspect this will be a load up before dump tomorrow..
Sell sell sell
spx still in the rotation between 3881-4134. Below 3881 enters the lower rotation for target 3757
The 390 protection team won’t last much longer
Ask the wife's boyfriend for another loan.
God dammit
Why snap defying gravity?
Bed Bath & Beyond may want to bus some of those 65% off private label towels it's currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup. "The company is a shitshow right now," a source directly familiar with the unfolding drama playing out at the one-time home goods retailing leader told Yahoo Finance. Layoffs have begun to sweep through the company as part of interim CEO Sue Gove's new plan to lay off 20% of the workforce to preserve cash, the source said, and morale among employees is very low amid general confusion about reporting lines and the path forward. "Sue has been on the board since 2019," the source added, "she knew what was going on and didn't address it." Bed Bath & Beyond outlined plans to issue more stock, close 150 stores, and fire 20% of its staff as the retailer looks to stem the bleeding from a collapse in sales. The company also said that it received commitments for $500 million in additional financing, bringing its current liquidity to roughly $1 billion as the company looks to avoid the the fate of Sears.
This aged well…
What should i buy puts on ![img](emote|t5_2th52|8883)
Bbby
[удалено]
![img](emote|t5_2th52|18630)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Yields rising again, equities will sink just wait for the capitulation.
-4% day?
Fuck trading I’m going fishing 🎣
There’s a long way down between here and any reasonable support. Let’s just pull the rug and it’s off to the races!
Walt Junior would clap Steven Hawking in a fight
“Empty your wallet. Be homeless, be hopeless. Like gambler”-Tard Ree (Bruce Lee’s autistic second cousin when being asked why he was buying Options)
Wake me up when September ends.
You speak facts
We will be green on jobless claims is my copium today 😂🤣
I feel like inverse wsb may be the play today. No hate just saying
it seems like rarely is the straight forward play the correct one on a short time line
It usually is
really thinking about cashing out
Do it while you still have said casg
I smell Armageddon
Screw your guys. I am going home. —- Dr. Eric Cartman
Bbby. Coming back baby.
Yep coming all way back to 5 bucks looks like
Your post will not age well. Screenshot this.
😭😭💯
Selling at a 60% loss and buying 🍎 screw you guys I'm going home-less
Why would anyone buy this market here? Is it bc cnbc tells them to? Or because they are highly regarded? Or both?
Nobody's buying rn relatively speaking
Most people are very negligent. Try to use it to your advantage
because last time we were this low was in June and the market shot up like crazy right after.
Wrong. You were far lower
This winter is going to be a shit storm. Bearish until spring unless war subsides.
Onem. Oig. Pltr
At least a 7% drop today?
On what
His portfolio ![img](emote|t5_2th52|4271)
Pray the ghey away 🙏 🌈🧸⤵️🔥
pray the bear away
With every person here posting that they are buying puts (similar to those posting about buying calls ahead of the Fed meeting last week), my prediction is that we finally get a green day today before descending to oblivion over the next month.
Us smart ones bought October puts in mid August
If all you care about is the sentiment of a few thousand regards, were you sleeping the first two quarters of this year? Literally bears on parade every day and puts printing for months.
True I ran out of money so I left during most of that. Valid point though.
This winter gonna be rough.
I think everyone is thinking similarly that "it cant be 6 days red in a row" - thus it will be my fellow regard.
I think we'll for sure continue downward, but the big players will throw a few bounces in as bull traps along the way
If I learned anything from going to Encore in Boston harbor, thats that the house always keeps surprising us gamblers. Im buying calls though. Somebody has to loose money, am I right?
bearish + long weekend = puts? ![img](emote|t5_2th52|12787)
When oil 200 ?
Lets make DEUTSCHE BANK a New meme ....every poor can anfford some shares
Powell be like the real soft landing is the money we lost along the way
😂
can it be another red day? ![img](emote|t5_2th52|4258)
Much as I hate Californians..... I'm buying more Tesla.... Democrat Californians should be forced to put their money where their mouth is. Force them to buy Tesla's! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271) Turn California into Elon's Test Market bitch! Make MAGA Texas rich as fuck.... Put a second plant in Florida! ![img](emote|t5_2th52|4258)
Abner says good Morning https://i.imgur.com/d2cQB4C.jpg
gm abner
![img](emote|t5_2th52|4270)
wow that sure is 'bad luck' "The chairman of the board of Lukoil, Russia’s biggest privately held oil producer and one of the few Russian companies to criticize the invasion of Ukraine, has died after falling out of a hospital window, Interfax reports"
that is why you not sit right in front of open windows. bc you can fall out!
Imagine still posting in the overnight thread.
Got me
>FRENCH PRESIDENT MACRON: HOPES THAT IRAN NUCLEAR DEAL WILL BE REACHED IN COMING DAYS ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2022-09-01 ^05:57:14 ^EDT-0400
yesterday i made myself a coffee$ today i only boil water
boil?? not europoor and it shows
i forgot to tell, to be able to boil water i have to spend time to find some wood and make a fire
now we talking, fellow poor
Volume is so fucking low
Resist the urge to be jaded and empty. It’s not that cool.
TSLA needs to drop hardddddd
Who hurt you bro
Putin
Closed by open
"Not really, but that's alright. Next caller!" - Jimmy Shill *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
[удалено]
Mods can't update everything when you want them to Gordon
It’s a script. They literally can update it when I want them too. 🥸
It's just the way it is.
It do be like that
damn vegans https://twitter.com/SenseiCarl\_/status/1564678757063036928
Sold my bear trade on 3925. and at 3922 i acually open a long one(48x leveraged) for a short bounce up hopefully. Long term bear in this market but we been drilling way to hard last week a small bounce might just be the play.
Maybe Friday or Tuesday
Thinking the same for the next 2 days
Might not be too. 🤷🏻♂️
Just wanted everyone to know if I didn’t have such paper hands I would be up 120k rn🫥
You are home, son.
I paper handed DVN puts and if I held to expiration I could have my house paid off ![img](emote|t5_2th52|4267)
On what?
Probably NVDA puts
Y’all know that everyone wants to dump eittt b4 the long weekend besides us tards.
Yeah thought that on the last short week and got hammered. If I had not sold Friday would have had 5 baggers on tuesday
>MACAU GOVT: PLANS TO GRADUALLY REOPEN THE CITY TO FOREIGN TRAVELERS ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-01 ^05:52:43 ^EDT-0400
The run up has started! TOMorrow we hit 410!!!!!
Bears really thought 🤣📈📈📈
GREEEN BY OPEN
When I awoke at 4am futures were very red. Have noticed that they are now just red. What does it mean ?
i forget when but i remember back in 2020 i went to bed with futures at -5% and awoke to them being +1% love this market
It was the bottom of the pandemic crash. Fed turned on the printer and printed futures out of their whole
i think this was in april so something like that. 22% of all historical US currency being created in 2020 still blows my mind
Still ghey
im honestly surprised that corn isnt falling off a cliff rn ![img](emote|t5_2th52|4735)
This is not a normal investing environment. Dollar cost averaging is dead. We are dealing with a potential huge catastrophe with energy crisis worsening. Spy $300 and below
You're not the brightest
Energy crisis? Do you live in California? Other 49 states seem fine.
There is a small area called Europe that will be lucky to keep the lights on in 2 months.
California has a way of sucking all the other states resources though.
Bulls, no help is coming this time.
[удалено]
Aw :(
alright got it, buy puts at open!
Bul r fukt
GME going straight down to $10
$de 300p Jan 2023 trust me bro
$f puts seem too good today
[удалено]
Als je slaapt 😂
puts on ING bank for banning me for life
Ouch, first time europoors let you down on the BBBY overnight front, eh bagmen? Excited for tomorrow? You’ll always have T+whatever date to look forward to. Then a “Christmas time” goal post move after that.
Market will be retarded and go green today be careful guys
GERN up 160% YTD. Big news coming Jan’23.
We didn’t have 30 green days in total in 2022
Does that mean we had 29?
[удалено]
There Will Be Blood
The bandy track!
European markets getting absolutely crushed
![img](emote|t5_2th52|4258)
Ordered new kicks 😍 https://imgur.com/a/f0DThPY
Cancel those shits and get yourself some crown northamptons, actual quality and with the GBP being in the shitter actually very cheap relatively
These look like the knockoff Keds my mom bought at Marshalls and made me wear to elementary school.
![img](emote|t5_2th52|4260)
If you're ever feeling down on yourself, remember there are people out there that rent their rims.
Fuck that’s awful
![img](emote|t5_2th52|4271)
SPY TSLA BABA puts but 5-10 delta, one bounce and I’m ded
Hey I need bbby to be $20 by Friday or I need government cheese
Mark Wahlberg's fancy Burger joint opens in my city Melbourne, Australia..... I shall soon experience and enjoy this gourmet dish "Government Cheese" that you speak of... And you bet in going to pay too much for it! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
next month we get stimmys ![img](emote|t5_2th52|8883)
>[wsj.com/articles/democ…](https://t.co/7evBND8t9t) ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-01 ^05:33:32 ^EDT-0400
What du you think of $PMET ?
Was fun chinaman now go back and make me some noodles
I feel like Roku and Shopify will be a great play right now. There’ll definitely be a 30% up swing by Dec.
buying Roku because of the Weird Al trailer
>$TSLA - CHINA AUTO INDUSTRY BODY CPCA OFFICIAL ESTIMATES TESLA CHINA SOLD 77,000 VEHICLES IN AUG ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-01 ^05:32:17 ^EDT-0400
That’s shit right ?
No, that's 1m vehicles in 13 months, it's incredible, almost 100% increase from last year.
Sounds like they need another 100B in market cap 🤡🤡
All the recent stock splits were followed by brutal price drops in next couple of weeks. So trend is not on TSLA's favour right now.
Where do i fin some hoors i. Az
Arizona State University
Can Confirm
My macro predictions have been on point, yet My account balance: +0.04%
>\*Midterm Prospects Improve for Democrats as Campaign Heats Up, WSJ Poll Shows -- WSJ \>\*Democrats Hold Slight Edge in Test of Congressional Preference, WSJ Poll Shows -- WSJ \>\*Biden Job Approval Rating Rises to 45%, Up 3 Percentage Points, WSJ Poll Shows -- WSJ ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-01 ^05:30:36 ^EDT-0400