Kais Maalej, a 49-year-old Uber driver and amateur investor active on social media, is a proponent of the theory on Reddit forums that distressed retailer Bed Bath & Beyond Inc. will soon be acquired by a holding company associated with billionaire Ryan Cohen.
“I am very confident” that Bed Bath & Beyond will be bought, said Mr. Maalej, who grew up in Tunisia and now lives in Queens. He said that he started buying Bed Bath & Beyond shares last year and has been buying up more in recent months, including last week. “I’m loaded with shares,” he said.
Source: https://www.wsj.com/articles/bed-bath-beyonds-stock-sale-deluge-lures-retail-investors-bb9db1c5?siteid=yhoof2&yptr=yahoo