Fortunes are made and lost on meme stocks. $Bed Bath & Beyond(BBBY)$ is the latest meme stock to hit the markets. It has gone up 530% in a short space of time but today its share price fell 21% on news that Ryan Cohen, its 2nd largest investor has reported to SEC that he is selling his 7.78 million shares including call options.
It seems like the air from the inflated balloon that is $Bed Bath & Beyond(BBBY)$ has suddenly escaped and the balloon may pop at anytime.
Ryan Cohen must be making a fortune from his punt on $Bed Bath & Beyond(BBBY)$ and laughing all the way to the bank.
My advice to would be investors especially new ones is to stay away unless you want to be burnt.
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- AhBart·2022-08-18Overwhelmingly agree 🤟🏻. There are many of these similar memes that are better not to know them than to know them 🥸1Report
- Benly8·2022-08-18Set your target , sell and dont look back. Its almost impossible to predict. Most of the time greed overcome emotions1Report
- Snakewood·2022-08-18😱😱🤦♂️musical chairs, don't be last one standing.. 😬🤞🤞🙏🙏2Report
- Jason1616·2022-08-18Meme stocks r gambling stocks.1Report
- vaztan·2022-08-18if you like gambling and have the stomach to win or loose1Report
- Happy Bear·2022-08-18Yaya. Do not only look at the reward, always measure with risk as well1Report
- firefirefire·2022-08-18thats quite true2Report
- JunioR·2022-08-19We live in weird times2Report
- sy1·2022-08-18Bed Bath & Beyond the toilet bowl...1Report
- Bullwings·2022-08-18As usual interesting article1Report
- Lionel8383·2022-08-18Dont want to be the last one holding the bag1Report
- Thalos·2022-08-18Research and buy low1Report
- rinl·2022-08-18thanks for the info 🙂1Report
- MasterStonker·2022-08-18yayayaya papaya1Report
- Barbarazhao·2022-08-21👍1Report
- angelchow·2022-08-20ok1Report
- cutepebbles·2022-08-19ok1Report
- cyberage79·2022-08-19nice1Report
- NsaidN·2022-08-19Noted1Report
- Valhptan·2022-08-18🤔2Report