This Meme Stock Just Proved the Short-Sellers Wrong

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This Meme Stock Just Proved the Short-Sellers Wrong

Motley Fool2021-07-01

Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...

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Yappydappy
·2021-07-02
Pls like and comment
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- Yappydappy:
  Ok
  2021-07-03
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- Wanlin927:
  Ok
  2021-07-02
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Juneriq
·2021-07-02
Please like and comments,thanks
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HH浩
·2021-07-02
Herd mentality. Pls like and comment.
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- HH浩:
  Thanks
  2021-07-02
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- Sungleon:
  ??
  2021-07-02
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jakejak3jake
·2021-07-02
Coming
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5
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Aaronboy
·2021-07-02
Well done. Love to see more of this news...
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koolprofit
·2021-07-02
Good move
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EstherTurtle
·2021-07-02
Yes
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kkyeong
·2021-07-02
Gd
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DesmondChin
·2021-07-02
Lol, talking abt fundamental to wsb ya?
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Kevin92
·2021-07-02
Comment and like
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- oliviaeex:
  okay
  2021-07-02
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yani
·2021-07-02
Like and comment pls
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- AaronboyReplying tooliviaeex:
  Done
  2021-07-02
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- Kevin92:
  Comment and like
  2021-07-02
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- oliviaeex:
  sure
  2021-07-02
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MieCheng
·2021-07-02
Wow
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- MieCheng:
  lol
  2021-07-02
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henryg
·2021-07-02
Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.
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- henryg:
  some of my share brought seeing red all the time hehe now don't want to view set a alert when it goes up
  2021-07-04
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- tanpp2307:
  Agree!
  2021-07-02
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chelvi
·2021-07-02
Like
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- Dem0171c:
  commented
  2021-07-02
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henryg
·2021-07-02
Like and comment
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- Lizx:
  Done
  2021-07-02
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Linnleo
·2021-07-02
Okies
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rawr
·2021-07-02
Like and comment
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- yani:
  like and comment pls
  2021-07-02
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Thomas jj
·2021-07-02
Ok
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nyse
·2021-07-02
Bbby a MEME stock
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保升龙
·2021-07-02
Ok
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Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BBBY","symbol_name":"3B家居","start_time":0,"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","article_id":"2148825910","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","pubTimestamp":1625153232,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BBBY":"3B家居"},"translate_title":"这个迷因股证明了卖空者是错的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBBY":0.9},"content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":156031474,"gmtCreate":1625185313398,"gmtModify":1703737818895,"author":{"id":"3579410204959880","authorId":"3579410204959880","name":"Yappydappy","avatar":"https://static.tigerbbs.com/5b6252f503d56d09093797f9e318ebf9","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/156031474","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5108640,"gmtCreate":1625274653217,"gmtModify":1663230462532,"authorId":3579410204959880,"author":{"id":3579410204959880,"authorId":3579410204959880,"name":"Yappydappy","avatar":"https://static.tigerbbs.com/5b6252f503d56d09093797f9e318ebf9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156031474,"type":1,"supId":5097171,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5097171,"gmtCreate":1625185610321,"gmtModify":1663230410444,"authorId":3582025117705198,"author":{"id":3582025117705198,"authorId":3582025117705198,"name":"Wanlin927","avatar":"https://static.tigerbbs.com/8dcfce5bedd37636dfe4d9ca052f0f47","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156031474,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":156004346,"gmtCreate":1625184669885,"gmtModify":1703737795402,"author":{"id":"3566969992567848","authorId":"3566969992567848","name":"Juneriq","avatar":"https://static.tigerbbs.com/2ddc6553edddfa241ccd2e6cf2419f1f","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Please like and comments,thanks","listText":"Please like and comments,thanks","text":"Please like and comments,thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156004346","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156008775,"gmtCreate":1625184557997,"gmtModify":1703737791502,"author":{"id":"3582015516749888","authorId":"3582015516749888","name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Herd mentality. Pls like and comment.&nbsp;","listText":"Herd mentality. Pls like and comment.&nbsp;","text":"Herd mentality. Pls like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/156008775","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5100014,"gmtCreate":1625204517739,"gmtModify":1663230424546,"authorId":3582015516749888,"author":{"id":3582015516749888,"authorId":3582015516749888,"name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156008775,"type":1,"supId":5099355,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":5099355,"gmtCreate":1625199018104,"gmtModify":1663230419528,"authorId":3577331074716181,"author":{"id":3577331074716181,"authorId":3577331074716181,"name":"Sungleon","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156008775,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":158776631,"gmtCreate":1625184287223,"gmtModify":1703737779249,"author":{"id":"3581491815672686","authorId":"3581491815672686","name":"jakejak3jake","avatar":"https://static.tigerbbs.com/1881c4ef0863e5796041081ddadee92e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Coming&nbsp;","listText":"Coming&nbsp;","text":"Coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158776631","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158748137,"gmtCreate":1625183957329,"gmtModify":1703737762247,"author":{"id":"3586474193512687","authorId":"3586474193512687","name":"Aaronboy","avatar":"https://static.tigerbbs.com/875e45a6d6b604dfaa34ac175ccbbb29","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Well done. Love to see more of this news...","listText":"Well done. Love to see more of this news...","text":"Well done. Love to see more of this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158748137","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158766991,"gmtCreate":1625182664613,"gmtModify":1703737721753,"author":{"id":"3584059221812022","authorId":"3584059221812022","name":"koolprofit","avatar":"https://static.tigerbbs.com/b35cbe19969d5cb47cac77a79cb59a5e","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Good move","listText":"Good move","text":"Good move","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158766991","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158761315,"gmtCreate":1625182591737,"gmtModify":1703737718665,"author":{"id":"3579566667655239","authorId":"3579566667655239","name":"EstherTurtle","avatar":"https://static.tigerbbs.com/4134f385638a36faba2817c9082db366","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158761315","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158714057,"gmtCreate":1625182050579,"gmtModify":1703737695979,"author":{"id":"3575893551650914","authorId":"3575893551650914","name":"kkyeong","avatar":"https://static.tigerbbs.com/649b5a02b833e3e6fb1e2d18c9e3a245","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158714057","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158715897,"gmtCreate":1625182033019,"gmtModify":1703737695327,"author":{"id":"3578983795474363","authorId":"3578983795474363","name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Lol, talking abt fundamental to wsb ya?","listText":"Lol, talking abt fundamental to wsb ya?","text":"Lol, talking abt fundamental to wsb ya?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158715897","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158718087,"gmtCreate":1625181922349,"gmtModify":1703737690086,"author":{"id":"3576274545052910","authorId":"3576274545052910","name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Comment and like","listText":"Comment and like","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158718087","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096295,"gmtCreate":1625182050892,"gmtModify":1663230404460,"authorId":3581502293537821,"author":{"id":3581502293537821,"authorId":3581502293537821,"name":"oliviaeex","avatar":"https://static.tigerbbs.com/bb5c135ec9104a6b25b19b233db0f3bc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158718087,"type":1,"supId":0,"prevId":0,"content":"okay","text":"okay","html":"okay"}],"langContent":"EN"},{"id":158734821,"gmtCreate":1625181677063,"gmtModify":1703737682896,"author":{"id":"3580375840418108","authorId":"3580375840418108","name":"yani","avatar":"https://static.tigerbbs.com/1874321b512b0390126a7a442cf8f470","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/158734821","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096798,"gmtCreate":1625184175352,"gmtModify":1663230407334,"authorId":3586474193512687,"author":{"id":3586474193512687,"authorId":3586474193512687,"name":"Aaronboy","avatar":"https://static.tigerbbs.com/875e45a6d6b604dfaa34ac175ccbbb29","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3581502293537821,"repliedAuthor":{"id":3581502293537821,"authorId":3581502293537821,"name":"oliviaeex","avatar":"https://static.tigerbbs.com/bb5c135ec9104a6b25b19b233db0f3bc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":158734821,"type":1,"supId":5096271,"prevId":5096297,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"},{"id":5096271,"gmtCreate":1625181915922,"gmtModify":1663230406443,"authorId":3576274545052910,"author":{"id":3576274545052910,"authorId":3576274545052910,"name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158734821,"type":1,"supId":0,"prevId":0,"content":"Comment and like","text":"Comment and like","html":"Comment and like"},{"id":5096297,"gmtCreate":1625182057619,"gmtModify":1663230405350,"authorId":3581502293537821,"author":{"id":3581502293537821,"authorId":3581502293537821,"name":"oliviaeex","avatar":"https://static.tigerbbs.com/bb5c135ec9104a6b25b19b233db0f3bc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158734821,"type":1,"supId":5096271,"prevId":0,"content":"sure","text":"sure","html":"sure"}],"langContent":"EN"},{"id":158733712,"gmtCreate":1625181464836,"gmtModify":1703737675319,"author":{"id":"3581055663363625","authorId":"3581055663363625","name":"MieCheng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158733712","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096161,"gmtCreate":1625181476258,"gmtModify":1663230404460,"authorId":3581055663363625,"author":{"id":3581055663363625,"authorId":3581055663363625,"name":"MieCheng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158733712,"type":1,"supId":0,"prevId":0,"content":"<u>lol</u>","text":"<u>lol</u>","html":"<u>lol</u>"}],"langContent":"EN"},{"id":158733373,"gmtCreate":1625181451092,"gmtModify":1703737674184,"author":{"id":"3581580167581733","authorId":"3581580167581733","name":"henryg","avatar":"https://static.tigerbbs.com/8fedb3f88a534bff6452065d91213662","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.","listText":"Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.","text":"Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/158733373","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5114917,"gmtCreate":1625359093385,"gmtModify":1663230497933,"authorId":3581580167581733,"author":{"id":3581580167581733,"authorId":3581580167581733,"name":"henryg","avatar":"https://static.tigerbbs.com/8fedb3f88a534bff6452065d91213662","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158733373,"type":1,"supId":5096985,"prevId":0,"content":"some of my share brought seeing red all the time hehe now don't want to view set a alert when it goes <u>up</u>","text":"some of my share brought seeing red all the time hehe now don't want to view set a alert when it goes <u>up</u>","html":"some of my share brought seeing red all the time hehe now don't want to view set a alert when it goes <u>up</u>"},{"id":5096985,"gmtCreate":1625184767069,"gmtModify":1635239331179,"authorId":3585983433962847,"author":{"id":3585983433962847,"authorId":3585983433962847,"name":"tanpp2307","avatar":"https://static.tigerbbs.com/b4cb1adebe779f631f65a6b4332f7bc5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158733373,"type":1,"supId":0,"prevId":0,"content":"Agree! ","text":"Agree! ","html":"Agree! "}],"langContent":"EN"},{"id":158797440,"gmtCreate":1625181381080,"gmtModify":1703737670446,"author":{"id":"3576390362043433","authorId":"3576390362043433","name":"chelvi","avatar":"https://static.tigerbbs.com/a6a8a4bf7a99f1ceb457affa9db3e865","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158797440","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096187,"gmtCreate":1625181588421,"gmtModify":1663230405041,"authorId":3571706108874965,"author":{"id":3571706108874965,"authorId":3571706108874965,"name":"Dem0171c","avatar":"https://static.tigerbbs.com/28a58b3c964064b6dcc209f03697fba7","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.40%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158797440,"type":1,"supId":0,"prevId":0,"content":"<u>commented</u>","text":"<u>commented</u>","html":"<u>commented</u>"}],"langContent":"EN"},{"id":158794432,"gmtCreate":1625181349826,"gmtModify":1703737669473,"author":{"id":"3581580167581733","authorId":"3581580167581733","name":"henryg","avatar":"https://static.tigerbbs.com/8fedb3f88a534bff6452065d91213662","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158794432","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096138,"gmtCreate":1625181381540,"gmtModify":1663230405141,"authorId":3575276351507925,"author":{"id":3575276351507925,"authorId":3575276351507925,"name":"Lizx","avatar":"https://static.tigerbbs.com/9e0f3a3ae51dc0bf7237f2106d21e4db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158794432,"type":1,"supId":0,"prevId":0,"content":"Done ","text":"Done ","html":"Done "}],"langContent":"EN"},{"id":158792109,"gmtCreate":1625181261901,"gmtModify":1703737665408,"author":{"id":"3584658134750205","authorId":"3584658134750205","name":"Linnleo","avatar":"https://static.tigerbbs.com/b57e83af12c17b31db1fb1b80ea44c6a","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Okies","listText":"Okies","text":"Okies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158792109","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158798077,"gmtCreate":1625181172799,"gmtModify":1703737662296,"author":{"id":"3573824218341786","authorId":"3573824218341786","name":"rawr","avatar":"https://static.tigerbbs.com/b0f47a4638adab510d5b8d13352c3095","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158798077","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096223,"gmtCreate":1625181704931,"gmtModify":1663230407241,"authorId":3580375840418108,"author":{"id":3580375840418108,"authorId":3580375840418108,"name":"yani","avatar":"https://static.tigerbbs.com/1874321b512b0390126a7a442cf8f470","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158798077,"type":1,"supId":0,"prevId":0,"content":"like and comment pls","text":"like and comment pls","html":"like and comment pls"}],"langContent":"EN"},{"id":158791434,"gmtCreate":1625181171128,"gmtModify":1703737662621,"author":{"id":"3576274484487965","authorId":"3576274484487965","name":"Thomas jj","avatar":"https://static.tigerbbs.com/937cad986a8b7f3433141095730cf8d4","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158791434","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158793943,"gmtCreate":1625181066882,"gmtModify":1703737660006,"author":{"id":"4087337498175360","authorId":"4087337498175360","name":"nyse","avatar":"https://static.tigerbbs.com/e034b6608722ef1e0771aba89b643053","vip":1,"crmLevel":1,"crmLevelSwitch":1},"htmlText":"Bbby a MEME stock","listText":"Bbby a MEME stock","text":"Bbby a MEME stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158793943","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158707984,"gmtCreate":1625180909248,"gmtModify":1703737655599,"author":{"id":"3579730769631306","authorId":"3579730769631306","name":"保升龙","avatar":"https://static.tigerbbs.com/e01d8942aa5f0e60c802ba77bcd46430","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158707984","repostId":2148825910,"repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://www.laohu8.com/m/news/2148825910?lang=&edition=full","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath &amp; Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath &amp; Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath &amp; Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath &amp; Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath &amp; Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath &amp; Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath &amp; Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath &amp; Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath &amp; Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":419,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}