Breaking: Michael Burry is choosing to buy Build-A-Bear over AI companies
Below are his reasonings:
1. The stock trades at 7x earnings with no debt
2. A buyout would value it around $60 to $65 a share
3. Build-A-Bear has bought back 25% of its shares since 2021
4. 1 in 4 Build-A-Bear shares is a bet that the stock falls, and short sellers would need about 9 days to buy them all back
Burry says Build-A-Bear $BBW could jump 50% "relatively quickly"