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By the nature of the company and stock no longer existing there can't really be much more news on Bed Bath and Beyond, but I checked in with the idiots anyway. quote:We are the MOASS. Understand that we call the shots. This is our game to play now
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Nov 2, 2023 14:04
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they are scouring the law firm's itemized billing for cope now. look 652 1/2 hours billed for "M&A Activities" we're going to the mooooon
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Nov 2, 2023 14:15
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The folks at /r/ThePPShow have been baking hard and are bullish. Someone filed a $10 Billion claim against the corpse of BBBY that they are sure is somehow a cash injection.   A blip in stock trading systems has caused BBBY to be relisted on some apps. Obviously, this means new securities will be issued soon!  Finally, Ryan Cohen has been tweeting about The Texas Rangers baseball team. They won last night, so do the math.  THE END IS NIGH  
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Nov 2, 2023 14:48
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Nov 2, 2023 15:17
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"I am a millionaire!" I cry after writing "one share" on a piece of paper, photocopying a load and putting one on Craigslist for $1000.
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Nov 2, 2023 15:38
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I've put my loads in strange places but never tried photocopying. These people will never stop believing. There will always be another future date or another obscure legal document to latch on to. The fact that there's still Sears apes is proof alone. I hope the idiots at least claim a loss on their taxes. Impossibly Perfect Sphere fucked around with this message at 16:38 on Nov 2, 2023 |
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Nov 2, 2023 16:35
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I could see not knowing what shorting a stock is, and not understanding what a short squeeze is, and accidentally buying some stock because of a wacky meme and making a few thousand off that initial whatever thing on reddit I can also get where you might then take that several thousand and put it into another new meme stock hoping for something good to happen again while posting more wacky memes, memes are fun and it’s accident money not sure where all this itt comes from
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Nov 2, 2023 16:44
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naem posted:I could see not knowing what shorting a stock is, and not understanding what a short squeeze is, and accidentally buying some stock because of a wacky meme and making a few thousand off that initial whatever thing on reddit Sunk cost fallacy, wishful thinking, cognitive dissonance and desperation
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Nov 2, 2023 16:49
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Once you refuse to allow a belief you hold to be falsifiable it's game over. No amount of evidence to the contrary will convince them. These people already held their investment all the way down to zero. Now it's not even zero, it's null.
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Nov 2, 2023 16:58
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naem posted:I could see not knowing what shorting a stock is, and not understanding what a short squeeze is, and accidentally buying some stock because of a wacky meme and making a few thousand off that initial whatever thing on reddit It's a thing humans do. Like in the days of records, you could prevent some degree of skipping and slipping by adding weight to the vinyl records on the turntable. This turned into "put a record weight on it to help with playback". People would then buy a record weight and be all happy that they spent an extra $60 for better-sounding records. Then CDs come out, and people who never understood why they had record weights, are looking to do something similar. Obviously you can't get a weight on the middle of a CD. But somebody decided drawing in there with a green marker would be the equivalent, and now you've got people saying you need to draw a green line on the inside of the CD. That kind of magical thinking eventually results in people buying gold plated fiber optic cables, or placing backs of polished rocks on speaker cables to absorb "bad" signals. There's always a lot of word salad explaining why the $200 bag of rocks helps, and you can claim to understand it because you are an intellectual.
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Nov 2, 2023 17:28
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movie pitch: in the post-apocalyptic future, a ragtag band of misfits hears rumors of a way to escape from the radiation-ravaged earth to the pristine moon. after searching many ruined cities and overcoming numerous obstacles, they discover in the end only a bunch of printed-out BBBY stock certificates
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Nov 2, 2023 17:32
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Impossibly Perfect Sphere posted:Once you refuse to allow a belief you hold to be falsifiable it's game over. No amount of evidence to the contrary will convince them. These people already held their investment all the way down to zero. Now it's not even zero, it's null. It's similar to flat earthers in that way. We have constant pictures and live video from orbit around a globe Earth. If they're just going to brush that off with a bunch of conspiracy bullshit, then no amount of rationally explaining simple experiments or going through the simple trigonometry for them to follow will convince them of the truth.
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Nov 2, 2023 17:35
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if there is talk about how the stock is worthless, it's shills trying to trick you into selling (we will forget for the moment that you can't sell because the stock is not trading) - bullish! if there is no talk about how the stock is worthless, it's because shills are in shambles and see the writing on the wall - bullish! So far I think my favorite era of post-existence BBBY is when they post screenshots from text conversations with entry-level customer service or bots on their trading platform where they interrogate them about what will happen if BBBY comes back, and they are told "yes, we are watching this situation closely and will let you know as soon as anything changes", which they take as - bullish!
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Nov 2, 2023 17:54
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Everything about this is bullishit!
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Nov 2, 2023 18:08
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cruft posted:It's a thing humans do. I’m not an audiophile, and always wondered at all of that stuff, while simultaneously not caring enough to look it up. You have educated the ignorant today. 🤪
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Nov 2, 2023 18:21
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They also can't fathom that people on the Internet, of their own accord, would want to spend time making fun of them. Must be paid shills!
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Nov 2, 2023 18:21
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Impossibly Perfect Sphere posted:They also can't fathom that people on the Internet, of their own accord, would want to spend time making fun of them. Must be paid shills! Why would people do something without either (A) being paid to do it or (B) expecting that it will eventually be profitable. I just don't get it.
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Nov 2, 2023 18:24
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DerekSmartymans posted:I’m not an audiophile Wear that badge with pride, friend. As an update: I looked up the green marker on CD thing and apparently they do it on the outer edge? I'm still pretty sure the record weight led to it, but I want to make sure I'm not communicating falsehoods about quacky bullshit!
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Nov 2, 2023 18:27
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Nov 2, 2023 18:33
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Story checks out: the huckster continues to get paid for ad impressions or whatever, regardless of whether the stock actually exists.
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Nov 2, 2023 18:36
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This guy is totally going to get what's coming to him.
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Nov 2, 2023 18:39
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The maths is a bit off.
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Nov 2, 2023 18:41
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cruft posted:Wear that badge with pride, friend. I believe the "green marker on the edge of a CD" thing was about preventing light leak that might cause the laser in the CD to not pick up everything as cleanly. No, obviously it doesn't actually help with that and no, it doesn't matter now "clean" you read a 1 or 0 as long as you read the 1 or 0. So while it is the same level of magical thinking and only-slightly-understanding the technology, it isn't directly related to record weights.
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Nov 2, 2023 18:42
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Any proof I am wrong is just further proof everyone else is wrong and I am right. 
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Nov 2, 2023 18:49
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LanceHunter posted:I believe the "green marker on the edge of a CD" thing was about preventing light leak that might cause the laser in the CD to not pick up everything as cleanly. No, obviously it doesn't actually help with that and no, it doesn't matter now "clean" you read a 1 or 0 as long as you read the 1 or 0. So while it is the same level of magical thinking and only-slightly-understanding the technology, it isn't directly related to record weights. https://youtu.be/THbKEXBk8X0?si=XbayTumKV7H_JpT7 When I see this bit, I sometimes wonder who at MST3K was either an audiophile or had to deal with one. Mike does the CD marker thing at some point like 2/3 through this.
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Nov 2, 2023 18:56
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LanceHunter posted:I believe the "green marker on the edge of a CD" thing was about preventing light leak that might cause the laser in the CD to not pick up everything as cleanly. No, obviously it doesn't actually help with that and no, it doesn't matter now "clean" you read a 1 or 0 as long as you read the 1 or 0. So while it is the same level of magical thinking and only-slightly-understanding the technology, it isn't directly related to record weights. Yeah, that's the current explanation, but my recollection from way back when is that it began as the CD version of a record weight. Like how BBBY short squeezing began as an actual short squeeze. Maybe I'm remembering wrong. And I certainly don't have a sample size larger than my little area in Albuquerque: the Internet wasn't around yet. Ultimately it doesn't really matter. People do stupid poo poo for made-up reasons.
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Nov 2, 2023 19:10
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LanceHunter posted:I believe the "green marker on the edge of a CD" thing was about preventing light leak that might cause the laser in the CD to not pick up everything as cleanly. No, obviously it doesn't actually help with that and no, it doesn't matter now "clean" you read a 1 or 0 as long as you read the 1 or 0. So while it is the same level of magical thinking and only-slightly-understanding the technology, it isn't directly related to record weights. The version of this story I'd heard is that it did legitimately work on some Sony CDs to defeat copy protection: https://www.wired.com/2002/05/cd-crack-magic-marker-indeed/
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Nov 2, 2023 19:11
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Fenrisulfr posted:The version of this story I'd heard is that it did legitimately work on some Sony CDs to defeat copy protection: https://www.wired.com/2002/05/cd-crack-magic-marker-indeed/ That's different: they're using a black marker to completely block light to a track on the outside edge of the CD. They're drawing the line on the face of the CD, effectively preventing the drive from reading that region. It would be like using scissors to cut the outside of a floppy disc's magnetic disc. The green thing was around the 1mm edge of the CD. At least, the ones I saw were. I'm sure there are all kinds of regional variations on this lunacy. E: I distinctly recall the very first idiots to do this in my town (or at least the first I saw) were painting the *inside* of the CD green. I don't remember when that practice transitioned to the outside: I even forgot it had moved at some point. I just found a weirdo on an audiophile forum who's painting both the inside and the outside. It seems this is still being debated, today, in 2023. cruft fucked around with this message at 19:28 on Nov 2, 2023 |
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Nov 2, 2023 19:17
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ashpanash posted:It's similar to flat earthers in that way. We have constant pictures and live video from orbit around a globe Earth. If they're just going to brush that off with a bunch of conspiracy bullshit, then no amount of rationally explaining simple experiments or going through the simple trigonometry for them to follow will convince them of the truth. bronze age and pre histroic civs got that the earth was round, basic geometry and walking on flat ground (or boating) literally single digit body length just for a several seconds is enough to change your personal celestial hemisphere flat earths are stupider than grade schools before their first official geometry lesson. or even some animals that "use" basic navigation. like dung beetles.
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Nov 2, 2023 19:28
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We are not going anywhere, we will be right here, losing money, FOREVER
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Nov 2, 2023 19:47
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bird with big dick posted:We are not going anywhere, we will be right here, losing money, FOREVER Owned hedgie?
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Nov 2, 2023 19:53
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Nov 2, 2023 19:55
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 Who on earth plays the lute while not erect? It's impossible.
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Nov 2, 2023 20:19
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I love seeing the “where are my shares?” posts. Dude they represent a part of something that no longer exists. Imagine if you sold me 50% of the love and respect your family has for you and then used that money to buy bbby. Now I show up looking to cash in my shares of that love and respect and what can you possibly give me?
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Nov 2, 2023 20:32
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I would also like to gently caress floor
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Nov 2, 2023 20:33
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Brain Curry posted:I love seeing the “where are my shares?” posts. Dude they represent a part of something that no longer exists. Imagine if you sold me 50% of the love and respect your family has for you and then used that money to buy bbby. Now I show up looking to cash in my shares of that love and respect and what can you possibly give me? not financial advice, that's for sure
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Nov 2, 2023 20:33
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TVs Ian posted:https://youtu.be/THbKEXBk8X0?si=XbayTumKV7H_JpT7 I assume "deal with one", the whole segment seems like it's making fun of audiophiles and you don't even know what Mike is doing if you don't already know what that is - and I didn't until this thread! Obviously I'd heard of gold plated optical cables, gold plated power cables, network switches with plastic gems superglued inside them (and glue in the screws to prevent you from looking inside), blocks of incredibly expensive wood or stone you're expected to place on your hifi or elsewhere in the room to "make the sound better", the "vinyl/CD/cable demagnetiser", etc. as those are all fairly modern. Totally tangential, but I remember in the late '80s my dad, always worried about burglary and security (which are now concerns I always have) went around at one point writing his name and address with an invisible ink UV marker on everything, like hifi units, the TV, random other valuables, and he started out on his CD collection, just writing invisibly right on the label. He got about half way through when he wrote on his Paul Simon's Graceland CD and it just dissolved the silver layer completely, just disappeared before his eyes the second the ink touched it, leaving a totally transparent plastic circle, and he had to buy a new one. That also put an end to the UV marker thing.
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Nov 2, 2023 20:37
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Brain Curry posted:I love seeing the “where are my shares?” posts. Dude they represent a part of something that no longer exists. Imagine if you sold me 50% of the love and respect your family has for you and then used that money to buy bbby. Now I show up looking to cash in my shares of that love and respect and what can you possibly give me? I mean, the thing is, they really, really do think that these shares exist; they're adamant that Bed Bath and Beyond is a going concern that will soon be saved by Ryan Cohen flying in on his teddy bear shaped super jet-car and giving them each personally seventy hojilionbillion dollarydoos.
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Nov 2, 2023 20:44
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There's a tinge of truth to their cargo cult capitalism in that they see that you can become rich without any actual work just by owning the right thing at the right time. It's good work if you can get it. The problem is not understanding literally every other aspect of it.
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Nov 3, 2023 09:48
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Nothing funny yet but AIRE recently hit market popped to $400 now $10 history is like a week maybe two? I see a few reddit posts that might be starting the cult for this one.
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Nov 3, 2023 10:51
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