Ryan Cohen's BBBY Stock & Options Purchases The similarities are frightening but what I like the most is that Ryan Cohen is a long term investor and hasn't sold a single BBBY share or call option. BBBY has 75 million shares outstanding as of August 2022. GME had 76 million shares outstanding in January 2021 before the 2022 4 to 1 stock split.Many media pundits (Jim Cramer) are now attacking BBBY. GME had a high short interest and got bashed in mainstream media before the squeeze happened.BBBY is gaining massive social media attention recently. Retail investors got behind GME to send it to the moon.Ryan Cohen only owns 2 stocks in his RC Ventures portfolio: GME and BBBY.

Both BBBY and GME stock traded as low as $5.If exercised, Ryan Cohen would own 9,450,100 BBBY shares, giving him an 11.8% stake in the company.īBBY stock has many similarities to the GME squeeze, so I've considered going all-in on the stock: He purchased 7,780,000 BBBY shares with 16,701 call options expiring on Januat $60 to $80 strike prices. Ryan Cohen is a Canadian billionaire activist investor who is famously known for his helping hand in the GME stock boom last year. So what caused the March 2022 BBBY stock price?Ī billionaire activist investor bought a huge stake in the company. The company is drowning in $3.28 billion in debt with only $107 million in cash on its balance sheet.īBBY soared to $30 in March 2022, but shares are currently down 11% YTD. In Q1 2022, BBBY comparable same-store sales fell 24% and revenue fell to $1.46 billion. She bought 50,000 BBBY shares under $5 and could help transform the company's declining revenue and same-store sales. However, the company is beginning its current turnaround with new CEO Sue Grove. Business Overviewīed Bath & Beyond is an American based home and kitchen retail chain that sells things you would need for your bedroom, kitchen, or dorm room.īed Bath & Beyond was a struggling niche retail chain that experienced the ' Amazon Effect' when Cohen bought his initial stake. I truly believe BBBY is like GameStop 2.0 and could make money for smart investors who recognize the opportunity and take action. This isn't just some stock pick that could go up 50% or 100% over the next few months. During my high growth stock research, I came across Bed Bath & Beyond ( NASDAQ: BBBY) and noticed a massive opportunity for a huge short and gamma squeeze.

Bed and beyond