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- Michael Burry tacitly flagged the risks of Bed Bath & Beyond's last-minute financing deal this week.
- The "Big Short" investor advised meme-stock fans to learn what a "death spiral convertible" is.
- The retailer's new backers might keep buying discounted shares then selling them, hitting the stock.
Michael Burry has issued a veiled warning to meme-stock fans about Bed Bath & Beyond's last-ditch financing deal this week.
"It's time memesters look up what a death spiral convertible is," he said in a now-deleted tweet on Thursday.