$Bed Bath & Beyond(BBBY)$A coordinated attackalongside MSM creating confuse/panic selling, Deja Vu to the attacks during GME/AMC squeeze back 2021. Ryan Cohen did file Form 144 required as on any sharehold with more than 10% stakes, in order to sell his stocks and options IF he intend to. It basically gives him the right to sell like any of us. BUT he has not sold a single share.
Ryan Cohen is a billionaire, Chairman of GME and Owner of CHEWY. His popularity is build among retail investors for famously fighting against hedge fund.
BBBY released a statement at 0635 saying they are working with RC ventures to bring value to stakeholders.
I seriously doubt he will destroy his reputation and business just for couple hundreds millions.
He is likely preparing to sell his 40s/60s call options when the price hit that high. That a bullish sign.
It is likely the beginning of the squeeze, not the end. Next couple days will be extremely volatile movement, check your risk appetite.
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