The Wall Street Journal reports that Bed Bath & Beyond Inc (NASDAQ: BBBY) “has found a financing source to shore up its liquidity as it tries to weather recent missteps, according to people familiar with the matter.”
This is significant as the principal argument from the bears and Jim Cramer has been that the company is about to go out of business. With this new financing, Bed Bath & Beyond has secured funding to pay its suppliers and continue its turnaround. This news is a big win for the Apes and the inverse Cramer Etf.
We talk about this and more in the following video. We cover BBBY, APE, AVYA, HUSA, INDO, NINE, IMPP, GBR, ENSV, NERV, GXXY, GEGI, BMIX, DSGT, and BRDS. We also talk about upcoming alerts for our subscribers.
As we keep saying, there are always opportunities in the markets, and it’s our job to find winning penny stocks to buy. Huge gains can be made in such a short amount of time.
It’s important to look for penny stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of penny stocks to buy each week to find the best alerts for our subscribers.
Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.
As always, good luck to all (except the shorts and Cramer)!
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Disclosure: We have no business relationship with any company whose stock is mentioned in this video. Insider Financial is not an investment advisor; this video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This video is not a solicitation or recommendation to buy, sell, or hold securities. This video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.