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.
Options trading is such a moidmoment
βI'm twenty years old and I work at Wendy's but let me tell you how I'm going to beat the systemβ
Jump in the discussion.
No email address required.
It's worse than that. They were holding long-term investments in a dying towel store.
Jump in the discussion.
No email address required.
It's been really funny watching the schizo apes on /biz/ freak out over the butterflies
Baggies on suicide watch
Jump in the discussion.
No email address required.
I hope he MAIDs
Jump in the discussion.
No email address required.
More options
Context
what a fricking
nut
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Meme investment has felt a lot like the vibe of "twitch plays Pokemon" in a way, where they make shit up but then start to believe in their made up shit. The difference of course with BBBY is that your belief doesn't matter if the company is dissolved.
Jump in the discussion.
No email address required.
meme investment is literally just a suicide cult, the only difference between it and a real cult is that the god in it is money
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
Fricking brain-dead
Jump in the discussion.
No email address required.
More options
Context
the only reason it's dying is the hedgies squeezed it, you establishment cuck
Jump in the discussion.
No email address required.
More options
Context
*dead
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Isn't this the plot of Wolf of Wall St? Scamming blue collars idiots with shitty penny stocks by telling them they have the inside scoop?
Jump in the discussion.
No email address required.
Not quite because in this case the idiots are scamming themselves by telling each other they have the inside scoop. Belfort was smart enough to dump his shares on the plebs to make money, and while Cohen is under investigation for a milder form of this I personally believe it will
Jump in the discussion.
No email address required.
More options
Context
It's the plot of Wall Street, for sure.
Jump in the discussion.
No email address required.
More options
Context
No that was the original scheme but Belfort had the idea too rebrand as a "legit" company and changed the name too something that sounded financy (stratton-oakmont) in order too trick rich people into buying lots of shares of penny stocks
Trans lives matter
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Followed by:
Putting the
in 
Jump in the discussion.
No email address required.
bankruptcy, then never buy a financial instrument besides an index fund ever again
Jump in the discussion.
No email address required.
hahah no shit, why even pay that debt?
That's clearly untenable.
Also get a better job
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
It's like MLM for dudes.
Jump in the discussion.
No email address required.
More options
Context
You beat the fricking system with armed robbery. Allie absolutely nothing to stop that grind. Being poor is the fricking greatest moral failing.
Jump in the discussion.
No email address required.
The idea is to steal enough that you get away with it because of how rich you are. Like, steal ten trillion dollars so that you can build an entirely new society with a police force and military. Sort of like what the Federal Reserve did in the 1920s, when
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Thetagang strategies on meme stocks really are the best side hustle if you have a tax advantaged account. Helped build the down payment for a house within a year, and it's fun to shill your options on Reddit so they pay at 300% IV lmao
Jump in the discussion.
No email address required.
Thetagang is r-slurred and mostly shouldnt work
Keep selling vol to market makers
Jump in the discussion.
No email address required.
More options
Context
What does this language even mean
Jump in the discussion.
No email address required.
thetagang = selling and buying options positions in such a way as to insulate yourself against changes in the value of the underlying and make money due to the decay in value of options over time (theta). I don't know if it really works, I'm not neurodivergent enough to try.
Jump in the discussion.
No email address required.
Isn't theta leveraging the volatility of a stock.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context