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Bed Bath & Beyond Inc. Message Board

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  • gestumble gestumble Jan 16, 2009 9:38 AM Flag

    FOR THE RECORD

    Thanks for the reply phil_fgv.

    What is crazy (and also sad) is that I agree with you 100%. This POV has been a money maker for almost the last 2 years.

    I'll add a couple of things I think are specific to BBBY:
    -Whatever happened to all that cash wrapped up in ABS that was frozen? When I was short earlier, it was still locked up:
    http://www.reuters.com/article/marketsNews/idUKWEN445720080312?rpc=44
    -Also, this company is mainland US centric. They have managed to expand up here in Canada recently. In fact they just had a grand store opening in my town, just in time for everyone's wallet to snap shut as the delayed layoffs finally hit here (we are behind but no better off up here). What timing.

 
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