Haha just kidding.
As of today, BBBYQ shares have been "cancelled on the Effective Date and have no value", which means that even the former biggest shareholders and people who bought yesterday have as many shares as every other person on earth (none). Many towel apes have finally come to accept that they're bagholders, but as SEARS and other meme stocks tell us, the party (city) never ends!
Because Bed Bath & Beyond sold off the IP to a different company, it can no longer be called 'Bed Bath & Beyond'. It reregistered as 20230930-DK-BUTTERFLY-1, INC -- a name that reveals the intention to let the thing stay dead. Naturally the qanon-type faction of the BBBYQ community has been going wild over this and connecting the dots 
. Their conclusion: that BBBY will reemerge from its chrysalis as 'Butterfly', they'll be reissued new Butterfly shares, and they'll finally be able to order those lambos they've been window shopping their wives and children will come back to them.
Some choice threads:
Teddy teaches us about shills + A BUTTERFLY (note that this book is a vanity project by Ryan Cohen, who's a messianic figure in the meme stock community. Apes literally, unironically decode his tweets and children's books like gematria)
There's a Canadian term called 'butterfly transaction' wow I'm getting a lambo after all!
I will never sell! (he literally can't anymore lol)
The /biz/ BBBYQ general is also pretty good, though it's mostly trolls trolling trolls.
Will the towel apes finally be showered in extravagant wealth next week? No.
Jump in the discussion.
No email address required.
some of them will never let this go, theres still cmkm proto apes talking about moass and that company hasnt existed in almost 20 years
Jump in the discussion.
No email address required.
What does any of this mean
Jump in the discussion.
No email address required.
all the apes theories about moass, naked shorting, cellar boxing and all that shit are directly lifted from earlier conspiracy theories, ape dd writers just found conspiracy theories on obscure forums and copy and pasted them
cmkm diamond was a company that did sell fradulent shares but it was the company that did it, there was a fraud case and the company was dissolved but people who fell for it decided it was short sellers who sold naked shorts and that theyre still owed untold riches
https://old.reddit.com/r/gme_meltdown/comments/rjs8o7/protomeltdown_from_2005_about_cmkm_diamonds_and
Jump in the discussion.
No email address required.
No lol I meant like
Ape
Moass
Shorting
Naked shorting
Cellar boxing
Options
Fraudulent shares
And so on
In retrospect I am basically asking you to explain every aspect of stock trading because I don't know what any of it is
Jump in the discussion.
No email address required.
If it makes you feel any better, half of those terms were coined by the meme stock community and they misuse the rest.
Jump in the discussion.
No email address required.
More options
Context
tbf this isnt stock trading, its ape theory and nothing they believe is true
apes - meme stock investors
moass - mother of all short squeezes
shorting - when you borrow a stock from someone, sell it, and buy it back at a later date to return it, basically youre betting the stock will go down so you can buy it back cheaper and make some money
short squeeze - when the price of the borrowed security goes up instead of down and the people who sold it short have to buy it at a higher price and lose money, this will cause the price to rise as they have to continue to buy it to cover their short positions
naked shorting - when you short a stock without ever borrowing it initially, this is illegal, you're selling a share that doesnt exist
cellar boxing - reducing a stock to its lowest tradable value through shorting and other manipulation tactics
options - a short contract is an option, its a contract to return the security to the person you borrowed it from, there are other kinds of options but theyre basically short term bets on a companies performance that are either risky or a way to hedge a position (you buy a short contract on a stock youre long on aka own shares of so if it goes up you make money and if it goes down you dont lose as much as you could have)
fradulent shares - what youre creating when you naked short
basically apes think gamestop was "cellar boxed" (it wasnt) and that because theres so many naked shorts (there isnt) and the company didnt go bankrupt that eventually the short sellers will have to buy their shares at whatever price they demand because they "own the float" (they dont) which will cause the moass
they think theyre going to be able to demand 100 million dollars a share and theyre all going to be trillionaires and the entire worldwide economy will collapse because all money will be funneled to them
i dont know if i explained this well
Jump in the discussion.
No email address required.
Darn, you're really mad over this, but thanks for the effort you put into typing that all out! Sadly I won't read it all.
Jump in the discussion.
No email address required.
Anti-intellectual longpostbot discourages learning.
Jump in the discussion.
No email address required.
And that's a good thing
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
term for these gambling addicted zoomers
when a bunch of gambling addicts all agree to buy shares of a highly shorted stock. This artificially increases the price and causes a loss for short sellers.
Short sellers are basically betting for the stock to decrease. It involves some r-slurred 100 stocks worth of contract collateral and some complicated made up shit but tldr is if company do bad = money
selling non existent shares. This is illegal
This also relates to
reducing the price of a stock to its base ceiling price, the minimum price it can be sold at. This is done to penny stocks and
zoomers think the entire world government does it
basically contracts worth 100 stock which also relate to a price target that all can be sold at but they also have an expiration.
If I own the contract to a $20 dollar call option, and the stock price goes from $10 to $30 dollars, I can make a profit either using it to buy 100x at $20 dollars, which can all be sold for $30 at market price or I can sell that contract to someone else.
99% of the time only the contract issuer makes money because these people are just gambling
Jump in the discussion.
No email address required.
Mommy is soooo proud of you, sweaty. Let's put this sperg out up on the fridge with all your other failures.
Jump in the discussion.
No email address required.
More options
Context
Doesn't citadel handle like >90% of options trading? These tards are just enriching sophisticated traders and think they're smarter
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Stock trading for 99% of us means day trading and losing everything or buying index funds and sitting on them for a decade. It's nice, you should try it some day.
Jump in the discussion.
No email address required.
More options
Context
Jump in the discussion.
No email address required.
More options
Context
Short squeeze = the meme investors have a belief that evil vested interests are making money from a certain stock going down. Therefore the meme investors buy the stock to make it go up and cause the vested interests to lose money instead.
___________________________________________________________________________________________________________________________
Fiscally Left
Socially Right
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
Do you know where they discuss it?
Jump in the discussion.
No email address required.
https://cmkxgroup.proboards.com/forum
heres one place i found, theres prob more, idk i used to follow this shit really closely but i stopped caring a year ago
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
More options
Context
What the frick
Jump in the discussion.
No email address required.
there isnt a whole lot of activity but the fact there is any at all is fascinating
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context