Dan Passarelli, CEO - Market Taker Mentoring

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You may have heard the news that Bed, Bath and Beyond [ BBBY ] CFO Gustavo Arnal died from from falling out a window in New York sending its shares down in Tuesday's trading. It closed down 18.42%.

It was down a wee bit more before that. And you know, that just stokes some concerns about whether everything with the finances with that company is okay. You know, on the up and up. or was this or what was the scenario? Right. Without even speculating. And so me being a trader of these short squeezes through our Options Raider system, I look at this news and for me, just from a pure street trading perspective, I want to keep my hands in my pockets, as they say. I want to wait and see what the rest of the news is and see what plays out and not put on any new trades, whether long or short.

Go on the Reddit threads where they talk about this, there are people that are saying that you should be holding, you should be buying in. There are some people saying you should be selling. And there's just a whole lot of back and forth. When we are in situations like those, the best thing to do is to sit and wait.

That being said, there's lots of other things to trade and lots of trades that that have been some short squeeze trades in the past might have more of an opportunity because there's only so much investing capital to go around in the community that's, you know, fights, short squeezes, if you will. And so what that means is I'm going to have my eye on Options Raider, just short squeezes in general, to watch for some opportunities in maybe some other stocks besides B, B, B, Y in the short term. So I hope that helps.