BK
Bank Of New York Mellon Corp
stock NYSE

I dont know about “in history” but since i’ve followed the market in 2000 there’s been a bunch with massive returns buying at the right time (2008-2016). off the top of my head id say NVDA, TSLA, ORLY, AZN, LULU, MNST, META, SBUX, NFLX, BKNG, GOOG, AAPL, NOW, CRM, etc.
Plenty more, I missed most of em for being a hater or buying shit that I thought was cheap that only got cheaper or went BK.

Earnings will be bad, has been bad, but this isn’t a squeeze play, I’m long on this soon to be BK stock~ you’re average bbby investor.

I still made money. But man, those short interest fees were insane. At one point in 2020, June I think, I was paying somewhere around 400% to be short CHK. I held it all the way to the grave, but even after BK was settled, I was getting hit with short interest for another week until the CUSIP fully went away. My 100% gain ended up being about a 40% gain after taking out short interest paid for a year.

I’m guessing they decided RS is no longer needed for the good of the company? So one of two things, either something occurred where RS was deemed unnecessary and the company is well underway to a turnaround. Or BK proceedings have started and we’re SOL. Given the series of events for the last few weeks, I’m going to say that tomorrow is almost here.

Too bad that isn't quite true. It will transfer shares into a CUSIP number and then once it is completely gone gains will realize. I did this with CHK back in 2020. Shorted them at $14 (april 2020) and then in '21 when BK was done and New Co. launched my shares turned into a CUSIP and gains were realized.

Link to BK reply, you know what to do Doge fam.
[https://twitter.com/BurgerKingUK/status/1640714073309614082](https://twitter.com/BurgerKingUK/status/1640714073309614082)

Seems obvious to me (based on the last two months) that this is a BK or squeeze play. I know there are many here for the long term play but based on how the shorts have pushed this so low, I feel that they know about an M&A (leaks) or they know the Q4 results won't be good so they'll reshort after the RS.

BK have it your way, you rule! 

damn they so poor they can't even keep BK

this board and management does not have shareholders best interest in mind. The HBC financing deal was proof of that. And stop it with that was there only choice besides BK. They could have sold baby years ago when the cash flow problems were starting.

We always new BK is better the McDonald 🍔👑🐕

It was just a pump and a big dump will proceed. It’s a shit stock and Amazon would just wait until BK if they wanted to buy it. You guys just keep getting fleeced.

And I wouldn't buy a single signature stock to help those criminals. Let them go BK not us...

3.20.2023 - 10am today; open to open price has decreased by $.043 on approximately 314,340,000 shares traded. This appears to be the smallest rate of change experienced in a very long time.
Shorts are no longer attempting to drop price with BK off the table. Now they run the risk of retail consolidating the shares outright with prices so low.
I’m gleefully awaiting notification of the special meeting about a potential Reverse split.
https://www.prnewswire.com/news-releases/bed-bath--beyond-inc-announces-special-shareholder-meeting-to-approve-reverse-stock-split-301775359.html
The ambiguous ratio is intriguing to me. If I were about to merge with another company who’s currently stock price was 25x my own, and my SI% exceeded 100%. This would be a wise option to consider. A reverse split could have the following effects.
1) shake out excessive SI% due to scarcity.
2) preserve stock price of merging partner.
3) makes FTDs a higher percentage of shares outstanding. Thus more substantive as a mechanism of fraud. (I.e. 1 FTD on 1,000,000 shares is 0.0001%. 1 FTD on 1,000 shares is 0.1%)
4) gives the shorts more rope to hang themselves and lower the price; thus allowing opportunity for retail consolidation. (I.e. market cap now approximately 100m, let them drop the market cap to 20m… we can buy it all tomorrow!!)
TLDR; Things appear to be changing rapidly, stay ☃️!!!

Wow good on you man! With the bbby play we have no real news just no BK and board is doing everything to save it and or merge/spin off. The slightest positive news and this thing freaking rockets for all of us. Good luck to you on your decision.

*You change your price*
*Like a girl changes clothes*
*Yeah you,* r/S
*Like a meme*
*I would know*
*And you over think*
*Always file*
*Cryptically*
*I should know*
*That you're no good for me*

*'Cause you're hot then you're cold*
*You're yes then you're no*
*You're in then you're out*
*You're up then you're down*
*You're wrong when it's right*
*It's black and it's white*
*We fight, we break up*
*We kiss, we make up*
*(You) You don't really want to merge, no*
*(You) But you don't really want to BK*
*You're in then you're out*
*You're up then you're down*

*The same energy*
*Now's a dead battery*
*Used to laugh 'bout nothing*
*Now you're plain boring*
*I should know*
*That you're not gonna change*
*Someone call the doctor*
*Got a case of BTFD*
*Stuck on a roller coaster*
*Can't get off this ride*

The only reason I don’t transfer and DRS all of my holdings is bc you can’t sell covered calls on your DRSed holdings. I have no intention of selling my shares during the next run up. I will be trading options contracts to generate revenue from my holdings.
Fundamentally I agree with DRS, I think it’s good to remove shares from potential re-hypothecation. All of my holding are in a Cash account rule 15c33 says broker must differentiate margin and cash account holdings. Are they lending my share still?? Probably yes! They are so far up shits creek right now. And criminals are gonna commit crime. By doing so they are thus creating more FTDs and more SI%. So long as I don’t sell and the company doesn’t BK, they are just digging a deeper hole. I would be happy to burry them in the grave they have been digging.
As for my long calls; I will be exercising my ITM calls at or before EXP.
Shares are the ignition and long calls are the rocket fuel. The correct combo will launch us past the gravity of max pain and onwards to Uranus.

Ive been saying there's dilutions , no free lunches in this world. BBBY needs the money to survive. Dilution in exchange of BK. Thank you for describing the real situation.

Altman Z Score is well above 3. Leases being sucked up by other retailers. Plans for CF neutral by Aug. I think decent chance no BK.

Decent overall assessment.
Basically the split lets the stock keep dropping and still stay on the exchange.
Next release will determine BK chances. They are still encumbered with massive debt.