![]() ![]() In conclusion, BBBYQ remains a risky bankrupt investment that’s sure to see volatility in the coming weeks. The Street notes that shares of a bankrupt company during its sale process are generally halted or suspended to protect shareholders from volatility and to allow for a fair bidding process. Shareholders and traders of BBBYQ should expect heavy volatility leading up to these dates, which could create tradable but extremely risky scenarios. Finally, a sale hearing will be held on June 21 for the court to consider the bids and to make a decision. After that, June 19 will mark the deadline for anyone to file an objection to the sale. Once the final bids have been placed, an auction, if necessary, will be held on June 14 in New York City. After that, bidders will have until June 7 to place a final bid. A stalking horse bid acts as a reserve bid which other bidders cannot undercut. That day marks the deadline for Bed Bath’s debtors to submit a stalking horse bid to purchase some or all of the company’s assets. Shareholders of BBBYQ stock should watch out for a major catalyst on June 1 and in the days following. Anyone investing in the bankrupt Bed Bath now is likely playing with fire and risking their hard-earned capital. ![]() However, BBBYQ stock is up by around 200% this month, so the peak of the short squeeze may have already passed. ![]() The BBBYQ crowd has been calling for a short squeeze on social media lately. Investors Are Betting on a Short Squeeze in BBBYQ Stock ![]()
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