management have zero credibility now

Doesn't matter whether you blame day traders or what your take is, management credibility is absolutely shot.

You cannot toast your investors the way this mob just have with a 26c placement and its all pi$$ed up against the wall inside 7 days. You can't do it in a bull market and you certainly cannot do it amidst the worst market conditions for IPOs & CRs in the last generation.

BBY have just lost a bunch of goodwill also.

Whatever the follow up results might be, they have fleeced an already gun shy public blind into dipping into their pockets....and then produced very average outcomes.