Long story short, $BBBYQ will restructure, liquidate the closing stores, maintain leases on 300+ stores plus several warehouses and distribution networks. A hidden gem in the doc is that they reserve the right to convert existing shares into new shares of whatever the company is that emerges from Bankruptcy.
Judge blocked the conversion of $APE to $AMC. APE is collapsing, and AMC is, as of this writing, up 50% after hours.
$FNGR will likely not have gamma on Monday, $CVNA may have a little, but not crazy amounts.
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Houston Wade
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This is not financial advice. I am not a financial advisor. I link the sources of information that I discuss from my personal perspective on this podcast. I encourage everyone to form their own opinions and this podcast is to encourage discussion and debate on any topic we discuss on this program! We identify the problem, and we seek a solution!
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