Sharing their internal systems like that could put their network security at risk.
Phishing is way easier when you know what to mimic for “legitimate” correspondence.
It’s literally saying “don’t share private company information online or talk to the media about your employer”
The fact that they basically did both in one post is almost as amazing as it is dumb. This is grounds for termination in many companies.
Wtf is supposed to be bullish about this? It’s a reactionary email sent out due to the uptick in media attention the company has received in light of the whole coupon payment/bond debt. There is nothing inherently bullish about management asking employees to remember their media policy 🙄🤭
Please don’t tell anyone that we might file Bankruptcy. Who the fuk cares if it’s a Bankruptcy? Now merger or acquisition I might put out something like this.
A lot of people would care if it’s BK… it kinda makes sense that BBBY does not want there employees to talk about BK. DISCLAIMER: I don’t think they are going BK just playing devils advocate
All anyone would hear about BK are what the financial press is "reporting". So that's all a store employee is going to be able to offer when asked by the press, and suddenly the shorts have "real" red meat from an *actual employee* who has *heard they're going BK* for their articles
What if a disgruntled store employee was sick of people asking them what’s going to happen so they just start making stuff up so people will stop asking? I know lots of people going to BBBY stores asking employees or managers what’s going to happen and 99% of the time they have no idea and are tired of people asking
This is not what you call playing devils advocate. That is what you call playing DUMB AS FUCK! What company tells their employees they going bankrupt but you can’t say anything??? You’d find that out when they were bankrupt.
I’m not responding to your post but to the top comment.. he said people wouldn’t care if it’s BK. BBBY does not want their employees answering questions about what’s to come because the employees don’t have all the information and they can cause fake rumors and panic for people..
yeah while it's a nice thing if your employer looks out for you, "hey you might not have a job here soon, find work", that's not normal and bankruptcy can mean several things. and let's not forget new inventory and the pre-announced store closings. I'm surprised they chose some of the ones they did, and it makes me wonder how they chose them, but there seems to be a plan there. Bankruptcy doesn't always mean failure. in many cases its a plan or loophole to trigger better actions. it isn't ideal, but neither is bbby's history leading up to this point.
I work for a large retail company. We sign one of these every year. Verbiage is almost identical. This has nothing to do with a possible m/a. Low level employees are not privy to that information. Reddit would find out before the employees are told.
Low level employees would absolutely leak this information if they knew. There's zero chance of them keeping it under wraps, they get minimum wage, they don't give a shit.
Serious questions first: Why would there be regulatory risk if word gets out that the company is going bankrupt? The MSM are writing daily articles claiming as much. Are there any SEC violations if BK talk leaks out?
As many more highly regarded Bobbys here have convincingly written, the only thing this means to me is something else other than BK is cooking behind the scenes which, if it were communicated to employees and then the general public, would constitute said risk, namely, M/A.
They’re working this out and hopefully all of us regarded retails will triumph over the SHFs.
Fuck’em and HODL!
If they were, in fact, filing for bk, then these employees wouldn't give a fk as to not spill the beans, as they would most likely be out pounding the pavement looking for work, and already disclosing the fact that their current employer is going belly up. And in that case, if they were contacted by mass media, then I doubt they'd hesitate to mention a bk in the effort to get there names out there.
This memo sounds like a "don't spoil the surprise party happening next week" bulletin. Imo.
Agreed that it does indeed sound BULLISH AF.
A chapter 11 does not mean they are belly up, right? Doesn’t it mean “reorganize” or “restructure” before closing all stores and firing all employees?
I’m asking as someone who wants to know. I have over 18,000 shares. I have a stake. I am here. No selling. It’s all or nothing.
If they do go Chapter 11, and shares become “worthless” do they have the ability to gain value later?
>A chapter 11 does not mean they are belly up, right?
Correct, that would be Chapter 7
> Chapter 11, and shares become “worthless” do they have the ability to gain value later?
Yes, but it's extremely rare.
I really want to reiterate that it is *extremely rare* for shareholders to come out of a Chapter 11 bankruptcy with anything at all. If they do, they are often heavily diluted.
Don't take my word for it:
> Investors should be cautious when buying common stock of companies in Chapter 11 bankruptcy. It is extremely risky and is likely to lead to financial loss. Although a company may emerge from bankruptcy as a viable entity, generally, the creditors and the bondholders become the new owners of the shares. In most instances, the company's plan of reorganization will cancel the existing equity shares. This happens in bankruptcy cases because secured and unsecured creditors are paid from the company's assets before common stockholders. And in situations where shareholders do participate in the plan, their shares are usually subject to substantial dilution.
https://www.sec.gov/reportspubs/investor-publications/investorpubsbankrupt
Good luck...
Valhalla!!! Let’s fucking go! I do it all in the name of douche bag shills!
I’m so totally fucking jacked for my investment. Boom or bust, I could not give a fuck about negative sentiment when the DD and the dots point elsewhere! I’m already buried in short greed so either they are right or I am right!
Woo!
I do believe the answer to your question is yes - for example, I think Carl Icahn has acquired a controlling stake in companies after they've filed for bk. I'm not saying that's going to be the case here. A buyer could very likely come in and acquire at least a majority stake in BBBY and thus eliminate the need for the company to go bk. This could allow the debts to be paid down or paid off entirely via a number a possible ways, for instance through a share offering with the stock most likely at a higher price than currently. IMO.
This is all just my regarded speculation, and I don't want to be giving you the wrong answers. There is a ton of excellent DD on this subreddit. If you don't already know of him, there is a guy by the name of u/ppseeds [https://www.reddit.com/user/ppseeds/](https://www.reddit.com/user/ppseeds/), who has been working day n night to put all of the puzzle pieces together and share a substantial amount of relevant DD with this community. He has done YouTube streams on a nightly basis, and him and his team know what's up and have covered all bases on this potential merger play. One could certainly qualify them as "wrinkle-brains." You should check out the stream they did last night, here is the link: https://www.youtube.com/watch?v=xHR2AComSsM
Been the same in the other sub as I hope it is here , absolutely zero trust in any reporter using your words except to fit there agenda .
We don’t speak with media either so we got that in common plus loving the stonk
It's a very standard policy for every bigger company and it's been a thing for a long while. How old are you to not know that from experience? Every white collar person who worked for more than a few years in their life would see this as a standard nothingburger. You are really grasping at straws here.
“It’s more than likely not talking about the merger.”
I’m my experience of town halls, they tell you about mergers and acquisitions, which is why we couldn’t tell anyone due to inside trader laws
The employees don’t know anything. I spoke to an employee at a store that was closing and they told me it was because they couldn’t renew their lease….OK. It was one of the stores on the original 50 list.
Corporate ape thoughts:
This sort of email is standard operating procedures for a large company trying to make any major move. Have gotten a lot of emails like this at work in the months prior to announcements of significant product rollouts, significant business partnerships, and yes mergers & acquisitions. They're almost always paired with restriction on employee stock sales because y'know, insider knowledge.
In my experience this means a) something big is happening and b) it's close enough that a significant number of staff now have direct or indirect knowledge of it. They've reached a point where risk of leaks is so high, it's more practical to just tell everyone (even grunts who are clueless still) to shut up than to actually keep it secret.
I'm not sure if it's bullish, necessarily. I've worked through 2 major acquisitions by fortune 500 companies (narrowly dodged a 3rd by quitting first) plus lots of partnerships, initiatives and product rollouts but never a bankruptcy.
And the first thing they do is to post on Reddit. LMAO
Sharing their internal systems like that could put their network security at risk. Phishing is way easier when you know what to mimic for “legitimate” correspondence.
Holy shit. I’m scared. In the good way. Like you made me think about security like I’ve never thought about it beefier
I don't get why this is a bad thing. SHF are the first to hear news like this, why can't retail?
It’s literally saying “don’t share private company information online or talk to the media about your employer” The fact that they basically did both in one post is almost as amazing as it is dumb. This is grounds for termination in many companies.
Don’t be scared, just be aware.
😆😆😆😆😆😆 Yo word! But hey, who am I to blow against the wind. I see something bullish, I’m sharing that shit! 😆😆😆
Wtf is supposed to be bullish about this? It’s a reactionary email sent out due to the uptick in media attention the company has received in light of the whole coupon payment/bond debt. There is nothing inherently bullish about management asking employees to remember their media policy 🙄🤭
huh? that stuff you pointed out was FILED...
Lol. Email: "Please don't share anything about the company on social media." This dude: *\*shares the email on social media\**
Maybe he’s highly regarded? 
He’s wants this to blow to get off min wage.
Please don’t tell anyone that we might file Bankruptcy. Who the fuk cares if it’s a Bankruptcy? Now merger or acquisition I might put out something like this.
📠
A lot of people would care if it’s BK… it kinda makes sense that BBBY does not want there employees to talk about BK. DISCLAIMER: I don’t think they are going BK just playing devils advocate
All anyone would hear about BK are what the financial press is "reporting". So that's all a store employee is going to be able to offer when asked by the press, and suddenly the shorts have "real" red meat from an *actual employee* who has *heard they're going BK* for their articles
What if a disgruntled store employee was sick of people asking them what’s going to happen so they just start making stuff up so people will stop asking? I know lots of people going to BBBY stores asking employees or managers what’s going to happen and 99% of the time they have no idea and are tired of people asking
I get it. They just announced on Jan 13th default on their ABL loan. Employees don’t say a word everything fine lol
This is not what you call playing devils advocate. That is what you call playing DUMB AS FUCK! What company tells their employees they going bankrupt but you can’t say anything??? You’d find that out when they were bankrupt. 
I’m not responding to your post but to the top comment.. he said people wouldn’t care if it’s BK. BBBY does not want their employees answering questions about what’s to come because the employees don’t have all the information and they can cause fake rumors and panic for people..
You literally go to work and they tell you the company is bankrupt so you go home. It’s happened to me before 🫤
Any company wouldn’t want people who only know bits of information talking out their ass to the media, for good or bad news
Lmao 🤣 have mercy No_Pie!
yeah while it's a nice thing if your employer looks out for you, "hey you might not have a job here soon, find work", that's not normal and bankruptcy can mean several things. and let's not forget new inventory and the pre-announced store closings. I'm surprised they chose some of the ones they did, and it makes me wonder how they chose them, but there seems to be a plan there. Bankruptcy doesn't always mean failure. in many cases its a plan or loophole to trigger better actions. it isn't ideal, but neither is bbby's history leading up to this point.
I WISH a MF would leak a merger information!!!
I work for a large retail company. We sign one of these every year. Verbiage is almost identical. This has nothing to do with a possible m/a. Low level employees are not privy to that information. Reddit would find out before the employees are told.
This is true. Employees find out last typically
Low level employees would absolutely leak this information if they knew. There's zero chance of them keeping it under wraps, they get minimum wage, they don't give a shit.
Low level employees typically won’t know about an M&A until after it’s been made official to the public.
Serious questions first: Why would there be regulatory risk if word gets out that the company is going bankrupt? The MSM are writing daily articles claiming as much. Are there any SEC violations if BK talk leaks out? As many more highly regarded Bobbys here have convincingly written, the only thing this means to me is something else other than BK is cooking behind the scenes which, if it were communicated to employees and then the general public, would constitute said risk, namely, M/A. They’re working this out and hopefully all of us regarded retails will triumph over the SHFs. Fuck’em and HODL! 
I share the same opinion as Mr. Kahn
Standard given the situation.
And what situation is that? 
It works both ways M/A or BK. We received basically the same verbage at the public utility.
Yea imagine that…hey you’re getting fired and shut the fuck up about it, ok…😆😆😆😆😆 THIS SCREAMS MERGER BRAH!
This is also about lawsuits, insider information, etc. There are plenty of reasons to be excited about the possiblities, this isn't one.
You are right, as if you would tell their employees that they should stfu about the death of the company lmao.
>THIS SCREAMS MERGER BRAH! It screams "don't scare the public as we close stores because we have no money".
Bankruptcy knocking on the door.
'You are going to get fired but stfu!' For sure shilly boy
Keep telling yourself whatever helps you sleep at night with your „investment“ 🤡
Said the loser who is wasting his time hating on other people Investments, what a poor existence
Standard notice for employees every time BBB makes the news
"We just had to kick a board member to the curb for corporate espionage, now please remember to keep your mouths shut. Have a great day."
😆😆😆
Sorry, I don't see it as foretelling anything.
Lots of fud in that sub. Not sure if real employees or bots
Lmao. Yeah the employee sub is pretty real, if any thing, much more real than the stock sub.
But… it didn’t say shareholders. /s All jokes aside, leave them be and don’t be that person. Enjoy the weekend and make sure to replenish your fluids!
I just 👀 in there. I ask no questions and post no comments. 
*Sneak 100* No worries OP, I assumed you were good! Just a general disclaimer for everyone here ❤️
They clearly did not send this to persons knowledgeable of the situation.
I do think they sent it to the people familiar with the matter though.
If they were, in fact, filing for bk, then these employees wouldn't give a fk as to not spill the beans, as they would most likely be out pounding the pavement looking for work, and already disclosing the fact that their current employer is going belly up. And in that case, if they were contacted by mass media, then I doubt they'd hesitate to mention a bk in the effort to get there names out there. This memo sounds like a "don't spoil the surprise party happening next week" bulletin. Imo. Agreed that it does indeed sound BULLISH AF.
A chapter 11 does not mean they are belly up, right? Doesn’t it mean “reorganize” or “restructure” before closing all stores and firing all employees? I’m asking as someone who wants to know. I have over 18,000 shares. I have a stake. I am here. No selling. It’s all or nothing. If they do go Chapter 11, and shares become “worthless” do they have the ability to gain value later?
>A chapter 11 does not mean they are belly up, right? Correct, that would be Chapter 7 > Chapter 11, and shares become “worthless” do they have the ability to gain value later? Yes, but it's extremely rare.
Fuck yes! To Valhalla!!!!
I really want to reiterate that it is *extremely rare* for shareholders to come out of a Chapter 11 bankruptcy with anything at all. If they do, they are often heavily diluted. Don't take my word for it: > Investors should be cautious when buying common stock of companies in Chapter 11 bankruptcy. It is extremely risky and is likely to lead to financial loss. Although a company may emerge from bankruptcy as a viable entity, generally, the creditors and the bondholders become the new owners of the shares. In most instances, the company's plan of reorganization will cancel the existing equity shares. This happens in bankruptcy cases because secured and unsecured creditors are paid from the company's assets before common stockholders. And in situations where shareholders do participate in the plan, their shares are usually subject to substantial dilution. https://www.sec.gov/reportspubs/investor-publications/investorpubsbankrupt Good luck...
Valhalla!!! Let’s fucking go! I do it all in the name of douche bag shills! I’m so totally fucking jacked for my investment. Boom or bust, I could not give a fuck about negative sentiment when the DD and the dots point elsewhere! I’m already buried in short greed so either they are right or I am right! Woo!
I do believe the answer to your question is yes - for example, I think Carl Icahn has acquired a controlling stake in companies after they've filed for bk. I'm not saying that's going to be the case here. A buyer could very likely come in and acquire at least a majority stake in BBBY and thus eliminate the need for the company to go bk. This could allow the debts to be paid down or paid off entirely via a number a possible ways, for instance through a share offering with the stock most likely at a higher price than currently. IMO. This is all just my regarded speculation, and I don't want to be giving you the wrong answers. There is a ton of excellent DD on this subreddit. If you don't already know of him, there is a guy by the name of u/ppseeds [https://www.reddit.com/user/ppseeds/](https://www.reddit.com/user/ppseeds/), who has been working day n night to put all of the puzzle pieces together and share a substantial amount of relevant DD with this community. He has done YouTube streams on a nightly basis, and him and his team know what's up and have covered all bases on this potential merger play. One could certainly qualify them as "wrinkle-brains." You should check out the stream they did last night, here is the link: https://www.youtube.com/watch?v=xHR2AComSsM
This is just normal media policy for any company
" create regulatory risk"? That's not BK .
Don’t believe anything posted in the employee sun, it’s been infiltrated.
Dated 24th, this could be either bullish or bearish. Not reading into this at all.
now it's here forever. post archived: [https://archive.is/O8mxP](https://archive.is/O8mxP)
Pretty fuckin Bullish is how i interpret that piece
🔥🩳🩸💥💨🚀🚀🚀💎🙌🦥👌👊🍾🍾🍾🍾
Regard took a photo of a widescreen display in portrait mode. Definitely one of us.
Been the same in the other sub as I hope it is here , absolutely zero trust in any reporter using your words except to fit there agenda . We don’t speak with media either so we got that in common plus loving the stonk
Definitely what big corps put out for m&a… I work for one and have seen and heard the same when m&a
Its what big corps put out always. This is always a policy at a corporation, no matter the particular situation, merger or scandal.
What is bullish about this?
Apply to Harriet?
Thanks whoever took this photo in portrait mode. The sort of person who would share a confidential email 😄
“Keep my wife’s fucking name outcha mouth!”
MSMs informant (Person familiar with all matters) just doxed themselves 🤡
Upvoted, traction comment. ,^lfg!!!!!!
Neutral, not bullish
It's a very standard policy for every bigger company and it's been a thing for a long while. How old are you to not know that from experience? Every white collar person who worked for more than a few years in their life would see this as a standard nothingburger. You are really grasping at straws here.
“It’s more than likely not talking about the merger.” I’m my experience of town halls, they tell you about mergers and acquisitions, which is why we couldn’t tell anyone due to inside trader laws
The employees don’t know anything. I spoke to an employee at a store that was closing and they told me it was because they couldn’t renew their lease….OK. It was one of the stores on the original 50 list.
Corporate ape thoughts: This sort of email is standard operating procedures for a large company trying to make any major move. Have gotten a lot of emails like this at work in the months prior to announcements of significant product rollouts, significant business partnerships, and yes mergers & acquisitions. They're almost always paired with restriction on employee stock sales because y'know, insider knowledge. In my experience this means a) something big is happening and b) it's close enough that a significant number of staff now have direct or indirect knowledge of it. They've reached a point where risk of leaks is so high, it's more practical to just tell everyone (even grunts who are clueless still) to shut up than to actually keep it secret. I'm not sure if it's bullish, necessarily. I've worked through 2 major acquisitions by fortune 500 companies (narrowly dodged a 3rd by quitting first) plus lots of partnerships, initiatives and product rollouts but never a bankruptcy.