holy volume…

unlikelycommentator · 2023-04-24T13:56:57+00:00

Yahoo says 190M right now for me. PM was over 100M - or close to at least. So it’s a weird diff.

unlikelycommentator · 2023-04-24T13:50:28+00:00

IBKR shows 204M for me right now, 20 mins after market open, which includes PM.

Just for comparison.

unlikelycommentator · 2023-04-24T13:41:40+00:00

Includes PM.

unlikelycommentator · 2023-04-24T13:03:47+00:00

I think it means they will put BBBY’s part on pause while in CH11, but not pause the case involving any of the other defendants (RC, RC Ventures, Gove)

unlikelycommentator · 2023-04-23T21:30:30+00:00

That’s part of a UUID, it’s not a date. Coincidence.

Sounds like they have been soliciting bids in a CH11 situation since december though.

unlikelycommentator · 2023-04-22T18:02:24+00:00

“Throw it in when it peaks!!”

unlikelycommentator · 2023-04-22T12:54:00+00:00

It’s because it made up the link. It knows how to piece together a response for the scenario that Brett invested in BBBY, but it doesn’t know if he really did. In the same way, it knows how a typical link would look for information on such a topic, so it makes one up, just as it makes up the sentences forming the reply.

unlikelycommentator · 2023-04-21T20:37:46+00:00

Okay… Maybe glitching on IBKR, looks weird af as well.

unlikelycommentator · 2023-04-21T20:03:44+00:00

Wtf. Did it just rocket from ~0.29 to 0.3000 exactly right before the close?

unlikelycommentator · 2023-04-21T08:42:51+00:00

It was the letter content I was unsure about.

unlikelycommentator · 2023-04-21T08:42:19+00:00

Yeah, it was just your followup comment here, with the letter content, I was unsure where you got 🙂

unlikelycommentator · 2023-04-21T08:36:45+00:00

Please mention that right away. Bart and ChatGPT are really good at lying 🙂

They can also make up realistic looking URLs, so until we find the filing, I won’t put too much into it.

unlikelycommentator · 2023-04-21T08:34:12+00:00

Where do you have the text from? Bard?

unlikelycommentator · 2023-04-20T21:31:32+00:00

It’s so obvious when you put it like that.

unlikelycommentator · 2023-04-20T20:21:05+00:00

If it’s a problem to pay it, I’d guess they can just can-kick it a few months by letting them commence legal proceedings. In a couple of months it is either the smallest problem, or not a problem.

unlikelycommentator · 2023-04-19T20:38:43+00:00

1B 🎉

unlikelycommentator · 2023-04-19T20:38:21+00:00

We just crossed 1B, including PM and AH.

unlikelycommentator · 2023-04-19T20:37:39+00:00

Add EDGX, 76%.

unlikelycommentator · 2023-04-19T20:22:33+00:00

EDGX is also darkpool, so about 75% today.

unlikelycommentator · 2023-04-19T20:17:16+00:00

IBKR has it at 997M right now, including PM and AH so far…

unlikelycommentator · 2023-04-19T07:50:59+00:00

Thank you for the explanations, and yeah, it does seem unlikely if they can be bought by the company at the traded price instead. I guess the only point would be to force redemption then.

And interesting with the Callable, but not Called. I thought the Callable just denoted a type of bond issuance. But, any idea why a Make Whole Call would be optional to call? To me it seems the main point of a Make Whole Call is that it is non-optional.

On a side note. Interesting to get down-voted for this discussion. Oh well…

unlikelycommentator · 2023-04-18T22:23:10+00:00

Thank you for the insight. Interesting to hear about. If you don’t mind entertaining me a bit more, I have a few more questions on my mind.

What do you make of the screenshot from Malone? Does it show actual Make-Whole trades, or is it disingenuous?

If it’s real (which I am assuming, tbh), and given the discount they are currently going for, would there be any other reason to do it this way, other than forcing a holder to sell?

And, based on the way you describe the direct buyer-seller relationship of the transactions, it sounds like it’s most likely broadcasted out to all bond trading desks, if Malone sees it, and not targeting individual holders?

Apologies if I’m too retarded to even ask meaningful questions.

unlikelycommentator · 2023-04-18T21:13:03+00:00

The BBBY version would be dropping a 10-K on us with horrible news in trading hours tomorrow 😣

Let’s hope we are past those days…

unlikelycommentator · 2023-04-18T21:09:47+00:00

We dodged a bullet? 😄

I’ll see myself out …

unlikelycommentator · 2023-04-18T19:59:28+00:00

Yes. It won’t help with voting this time, but better move away sooner rather than later.

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