![]() Purchase of January 2023 Call Option ($75 Exercise Price)* Purchase of January 2023 Call Option ($60 Exercise Price)* Here's a chart listing all of his stock & call options purchases: Transaction Ryan Cohen's BBBY Stock & Options Purchases The similarities are frightening but what I like the most is that Ryan Cohen is a long term investor and hasn't sold a single BBBY share or call option. BBBY has 75 million shares outstanding as of August 2022. GME had 76 million shares outstanding in January 2021 before the 2022 4 to 1 stock split.Many media pundits (Jim Cramer) are now attacking BBBY. GME had a high short interest and got bashed in mainstream media before the squeeze happened.BBBY is gaining massive social media attention recently. Retail investors got behind GME to send it to the moon.Ryan Cohen only owns 2 stocks in his RC Ventures portfolio: GME and BBBY. ![]() Both BBBY and GME stock traded as low as $5.If exercised, Ryan Cohen would own 9,450,100 BBBY shares, giving him an 11.8% stake in the company.īBBY stock has many similarities to the GME squeeze, so I've considered going all-in on the stock: He purchased 7,780,000 BBBY shares with 16,701 call options expiring on Januat $60 to $80 strike prices. Ryan Cohen is a Canadian billionaire activist investor who is famously known for his helping hand in the GME stock boom last year. So what caused the March 2022 BBBY stock price?Ī billionaire activist investor bought a huge stake in the company. The company is drowning in $3.28 billion in debt with only $107 million in cash on its balance sheet.īBBY soared to $30 in March 2022, but shares are currently down 11% YTD. In Q1 2022, BBBY comparable same-store sales fell 24% and revenue fell to $1.46 billion. She bought 50,000 BBBY shares under $5 and could help transform the company's declining revenue and same-store sales. However, the company is beginning its current turnaround with new CEO Sue Grove. ![]() Business Overviewīed Bath & Beyond is an American based home and kitchen retail chain that sells things you would need for your bedroom, kitchen, or dorm room.īed Bath & Beyond was a struggling niche retail chain that experienced the " Amazon Effect" when Cohen bought his initial stake. I truly believe BBBY is like GameStop 2.0 and could make money for smart investors who recognize the opportunity and take action. This isn't just some stock pick that could go up 50% or 100% over the next few months. was incorporated in 1971 and is headquartered in Union, New Jersey.During my high growth stock research, I came across Bed Bath & Beyond ( NASDAQ: BBBY) and noticed a massive opportunity for a huge short and gamma squeeze. In addition, the company operates Decorist, an online interior design platform that provides personalized home design services. ![]() It also offers products through various Websites and applications comprising, bedbathandbeyond.ca,, ,, buybuybaby.ca, and. As of February 26, 2022, the company had 953 stores, which included 771 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada 130 buybuy BABY stores in 37 states and Canada and 52 stores in 6 states under the names Harmon, Harmon Face Values or Face Values. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. ![]()
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