BBBY: If your stock doesn't, you may learn to fly
- Thread starter Pekelo
- Start date
So, he sells at the high and then takes a leap? Epsteined anyone.
Apparently he did. Put in the sell request 6 months ago and sold at the run up top.
Who cares.
I hate the way society completely obsesses about celebrities and so-called important and bigger people. Every little detail of their lives.
99.74% of news headlines on websites are completely meaningless for someone's life. Complete noise, nonsense, bs, hype and poison.
All the little people are like rats and mice....staring at the big cheese on the mountain top constantly on their minds and life.
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This is not obsessing about a celebrity, this is
news about a CFO's suicide/death that will likely
affect this company's stock prices.
Why shouldn't stock traders be interested?
No one gives a stuff about a CFO jumping to his death from a building. Much less a dumpster stock like Bed Bath and Beyond.
It's not like we're talking about the CEO of Goldman Sachs, Apple or Bank of America or Tesla....committing a murder-suicide incident. And even then, that won't move the stock price dramatically, and permanently. Look at when Steve Jobs died....did that day or week have Apple's stock TANK? It was pretty much business as usual, nothing to see here, move on,
I indeed believe this will impact the stock price. If you short it from $8 and ride it to $4 then good for you.
That still doesn't make this celebrity news.
BBBY might be a meme/dumpster stock but
it has been volatile the past few weeks and
paid generous profits for day traders.
Perhaps you have become particular about
which stocks you trade, but stocks like BBBY
work great for my portfolio.
Bed, Bath and Beyond's closures, layoffs, and
the CFO's suicide will affect its stock prices,
so that will probably be that, but it was great
while it lasted.
It is important for day traders to be flexible.
Happy trading everybody!
