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re: BBBY stock rumors....Ryan Cohen potentially buying
Posted on 7/6/22 at 6:58 pm to CajunTiger78
Posted on 7/6/22 at 6:58 pm to CajunTiger78
Been monitoring it. It’s the same model as GameStop for Cohen’s purposes. It’s a company with a small, loyal customer base and staff that are more knowledgeable about their product lines than Amazon/Walmart. Mostly brick and mortar but significant online potential. Heavily shorted and very cheap share price bc of it. Cohen thinks he can come in and transform the business model while maintaining the mission and the base clientele and significantly cut costs and expand the customer base. He’s right, if he can get leadership behind him or force out the old heads for new leadership in his style. Main concern would be whether he has the time to make BBBY a priority
Posted on 7/7/22 at 8:43 am to Upperdecker
Tldr
I put 10 grand into this yesterday after hours
Y’all think it’s gonna keep going up
I put 10 grand into this yesterday after hours
Y’all think it’s gonna keep going up
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