BBBY is crashing and burning

Plus, my detailed thoughts on the epic breakdown... 08/18/2022 BBBY is crashing and burning Hey, It’s time to conclude our multi-day coverage of the crazy move that’s been happening in shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY). Yesterday, I called out the potential for BBBY to take a massive dip today. Sure enough, the stock opened down 20%+ today as meme stock traders began to take profits on the most notable short squeeze of the year. Why did they sell today? Probably because Ryan Cohen — the activist investor who arguably started the historic 2021 GameStop Corp. (NYSE: GME) squeeze by buying a big stake — [filed to sell his entire position]( in BBBY on Wednesday afternoon. This is a prime example of how trading a short squeeze on the long side can be so dangerous… When a company’s market cap increases by 3-5x in a few days, more often than not, management sells into the rally. You can’t blame them for this. It would be naive not to sell some shares following such a boost. Aside from Cohen’s timely sale, I saw certain [technical indicators]( yesterday that were flashing warning signs for the chart, which is exactly why I warned of the stock’s impending crash. Today, we’ll break down how all of these factors (and more) affected BBBY stock and led to a rather predictable breakdown. Who knows, if you pay attention, maybe you can catch the next big short squeeze ‘rise and fall’ before it’s too late… [>>Click Here To Read My Full BBBY Breakdown<<]( Keep evolving, Mark Croock Editor, Evolved Trader Daily P.S. Most of all my trading these days is with options. If you want to learn how I developed into a 7-figure options trader, then [click here to download my brand new ebook]( absolutely free. sponsored   [The Ideal Immersion Learning Experience...]( Let us help you create your own stock market strategy… Get a plan, chat with top traders, enjoy alerts, commentary, regular webinars, and video lessons… This is what you get inside Tim Sykes’ Trading Challenge [Click here to apply now >>]( sponsored   [Learn the secret Tim used to turn a small investment into a fortune]( 30 days. That’s all you need to get started on your journey to financial freedom. And it all starts with Tim Sykes’ #1 pattern for beginners. HINT: This is the same pattern Sykes used to make more money in one day than what his parents made in an entire year…. All while he was in high school. [Click here and learn it now.]( [Alternate text] 66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here To Unsubscribe]( All content in this newsletter is intended for educational and informational purposes only. The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following Evolved Trader Daily strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by Evolved Trader Daily to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.