The collapse of Bed Bath & Beyond (BBBY) wasn’t a simple case of bad management — it was the result of deliberate sabotage by insiders and short sellers.
In 2022, Ryan Cohen disclosed a major stake in BBBY and proposed a serious turnaround plan to the board, including the potential acquisition of Buy Buy Baby, the company's most valuable asset.
Instead of acting in shareholders' best interests:
The board authorized massive buybacks at inflated prices, draining liquidity.
Short sellers aggressively attacked the stock, flooding the market with FTDs and naked shorts, accelerating its collapse.
CFO Gustavo Arnal tragically died under immense legal and financial pressure.
The real goal?
Kill the company, steal Buy Buy Baby during bankruptcy at a discount, and leave retail shareholders with nothing.
When BBBY filed for Chapter 11 in 2023, insiders and connected firms were ready to strip its best assets. Instead of maximizing recovery for shareholders, the sales process was opaque and favored insiders and private equity firms ready to scoop up assets at pennies on the dollar.
Exactly the kind of endgame short sellers and hostile players were counting on from the beginning.
Bottom line:
BBBY’s collapse was engineered, not inevitable.
The free market was manipulated.
Retail shareholders were set up and sacrificed.
The only way to fix this "clown" fiesta:
🧹 Restore the free float — no more insider hoarding
🕵️ Investigate the frauds, the trades, the buybacks
👨🌾 Find someone who actually wants to run a real business, not another buy-and-burn vulture fund
Meanwhile, mainstream media focused on Ryan Cohen, portraying him as reckless or manipulative — while ignoring the real crimes happening inside the company and the massive market manipulation from short sellers and hedge funds.
If BBBY can be destroyed like this, no company is safe.
The playbook is clear:
Load the board with enablers.
Run fake buybacks.
Weaponize short sellers.
Collapse the company.
Steal the assets with a Chapter 11 strategy.
And the regulators? Still nowhere to be found.
Sources:
SEC Filing: Cohen's Letter | Axios: Bankruptcy | NYT: CFO Death | Fintel: FTDs Data | CNBC: Buyback
Videos
Hey guys!
As the title says, I bought shares in bbby before they were deemed worthless and removed from my account. I'd like to believe this isnt the end of my investment here, but I have to accept that may be the case. The only thing that makes me believe it may not be over is the 652.5hrs in the docs that were logged in relation to M&A. What do you guys make of this?
As a higher karma is needed to post ont he $bbby subredditI wasn't able to share this and ask around if anyone's going through the same and how they are dealing with it?I've been telling myself it's time to move on as there's no use pouring water over a dead plant.But it's been just mentally draining.You know, it's like all these years of hardwork gone just because of a stock.If there's anyone going through the same? Please share how you are dealing with it..
thank you..
Added Evidencehttps://www.wsj.com/articles/bed-bath-beyond-shares-have-finally-been-extinguished-f132d04d
Post loss porn here
Beyond
Sentiment analysis is the quantifying of how positive, negative, or neutral a given text is. I've recently been applying this kind of analysis to various financial subreddits as a source of alternative data in an effort to create a trading algorithm. Finding if a strong correlation exists between sentiment and market movement is the first step. I thought it could be beneficial to everyone share the results here. I've organized the data in this website: https://sentimentlytics.herokuapp.com/
If you want BBBY specifically here it is: https://sentimentlytics.herokuapp.com/BBBY
BBBY actually seems to have reasonably strong sentiment-interday market change in the short term. This could be for a variety of reasons(individuals are elated due to stonks going up then posting about it, rather than positive sentiment driving market movement), but it's worth further inspection.
Any sort of discussion is welcome, but I'm specifically interested in these areas of discussion:
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Has anyone else applied sentiment analytics to reddit and tried to find correlation between that and the markets? Were your results similar?
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Is there a better open source model than VADER for this kind of text corpus?
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My background is in Data, so my UI skills are lacking. Let me know what I can improve.
Results TDLR: Long term(3 Months+), correlation between market and sentiment outputs are low. Short term there might be space to use specific search terms as markers for features.
If you want more information in regards to my process here it is: https://sentimentlytics.herokuapp.com/information
Bed, Bath & Beyond made plenty of mistakes that led to this week’s bankruptcy filing. Among the most consequential was the $11.8 billion it has spent since 2004 to buy back its own shares.
The company’s repurchase program wasn’t unique. But for a cash-starved business that announced it would likely be forced to close all of its stores if it couldn’t find an 11th-hour savior to buy it, the money could have been better spent. Instead, it fueled a desperate and ultimately failed effort to support its stock price.
The $11.8 billion Bed, Bath & Beyond spent on its own stock since 2004 comes to more than twice the $5.2 billion in debt it had on its books in its most recent SEC filing, a debt load that proved crushing for the company. It left the company unable to buy the inventory required to create the sales it needed to reverse losses.
“The company’s stewardship of their capital failed,” said Declan Gargan, retail director and credit analyst who follows Bed, Bath & Beyond for S&P Global Ratings.
Will the stock become worthless or will Overstock.com assume all those shares held by bbbyq shareholders? What are the possible outcomes? I see Overstock.com has taken a big jump but bbbyq hasn't jumped much. Wondering which is a better buy - bbbyq or ostk? Maybe the best bet is to just wait it out, but I would hate to miss out on the upside potential.