I would imagine the settlement includes some practical considerations. You settle and pay out now, and we'll make the squeeze go away. I think the short sellers created another infinity squeeze in BBBY and they would HAPPILY pay $25 per share to make it go away.
So be prepared, Towelkings. You will be pleasantly surprised.
It is simply not true that a company this size was financially detonated in front of our very eyes and no one noticed. As powerful as shorts may appear, discovery via the court systems was ALWAYS going to blow the lid wide open. I think RC called the bluff. He wanted Baby and he didn't get it and now he has a Grade-A legal team parsing through the wreckage. He wanted to buy Buy Buy Baby for $400M and he wanted to spin it off. But instead the company, valued at $5BN per Holly Etlin, went bankrupt?
LOL. Not a fucking chance.
>but muh shaaaaress!!
>muh shares??????
RC literally said "Things are about to get interesting", meaning he was going to go to war for the shareholders in the courtroom. And he WILL end up with Buy buy Baby. He'll save the shareholders as well. Why wouldn't he if he could when short sellers are literally shitting all over his life's work with GME. RC doesn't want to be involved in this shit when he could focus on his company. Ousting the shorts on BBBY will likely destroy the margin-collateral held by shorts shorting GME. So there is every incentive for him to defend shareholders in BBBY and that is exactly what is unfolding here and now.