- Mother Squeezer
- Posts
- Friday - August 26, 2022
Friday - August 26, 2022
Today's newsletter will take 2.73 minutes to read.
DRS UPDATE: 49.865*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Thursday recap
GameStop NFT update
Did you know?
Reconnect with Nature
Ryan Says
Good Morning! This is Mother Squeezer, the newsletter that helps you pass time by bringing you clever life hacks, updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.
Thank you Bed Bath and Beyond for setting the expectation. We now know when to be looking for the update that we're all anxiously awaiting. In case you're not on the Bed Bath and Beyond Investor Relations email list, they sent out a message yesterday afternoon letting us know that the big update will be announced on Wednesday, August 31, 2022 at 8:15 am EDT, presentation material will be ready and available at 7:30am.
It feels like we can now be productive with our lives and not feel like we're on standby waiting for something. It's probably a good time to cuddle up and watch a movie. Have you heard about the newest trend? They are finally making a movie about clocks. Itβs about time! /joke
Now that's what we call the butt of the joke.
This brings us to this morning's life hack. If you're heading to the theatre this weekend and want to bring your own snack, Angela has some advice for you.
Hey, we can't blame her with the prices of movie theatre popcorn these days.
Thursday Recap: BBBY traded in negative territory for most of the day. It traded within a tight range of $10.34 on the high side and $9.41 on the low. Trading volume was lower than average, coming in just under 35 million shares traded.
Cost to borrow: There were 850,000 shares available to borrow this morning and as of now, 850,000 remain. The cost to borrow has dipped to to 18.2%.
Pre market: Bed Bath and Beyond is trading up $0.18 to $10.28 an increase of 1.78% on around 800 thousand volume.
Max pain: The current max pain for BBBY has dropped to $11.
Thursday Recap: GameStop also traded within a tight range on low volume. The day high was $32.89 and the low was $31.50. 4.7 million shares were exchanged.
Cost to borrow: There were 500,000 shares available earlier this morning. Currently there are 150,000 remaining. The cost to borrow has remained steady at 13.5%.
Pre market: GameStop is trading down $0.56 to $31.40 a decrease of 1.75% on around 50 thousand volume.
Max pain: The current max pain for GME has dropped to $34.
GameStopNFT tweeted:
Reconnect with nature with @PaulaRichNFT Cyber Skulls collection on the GameStop NFT marketplace
β GameStopNFT (@GameStopNFT)
2:46 PM β’ Aug 25, 2022
Great reminder, have you recently reconnected with nature?
Did you know?
Movie theaters make almost zero money from ticket sales. Almost 100 percent of the money from ticket sales goes back to the movie studios that made the movie. Therefore, theaters need to make their money off concessions.
Reconnect With Nature
The GameStop NFT tweet got us thinking about reconnecting with nature. Here are a few ideas:
Eat Outside to Reconnect to Nature
Make Intentional Goals to Spend Time in Nature
Start Fostering a Relationship with Nature at an Early Age
Drive a scenic route to work
Make outdoor dates with your friends and family
Grow something
Try a new nature activity
Record your outdoor observations
Connect with animals
Use all of your senses to reconnect with nature
If you're inclined, see more details here.
Don't forget to wipe the seat down!
Ryan Says
Back towards the end of April, Ryan tweeted this...:
In my office π½
β Ryan Cohen (@ryancohen)
7:49 PM β’ Apr 27, 2022
Was Ryan letting us know back in April he was working on this Bed Bath and Beyond deal? We think so.
We believe Ryan Cohen is becoming this generation's premier activist investor. That's why we created this newsletter - to help others become aware.
Spread the Word
We love Ryan Cohen and think he's the greatest Activist Investor of our generation. We are passionate followers of his moves and words and would love for others to know more about this great leader. We feel strongly that life is all about learning who to follow. If you have someone that needs more RC in their life, share Mother Squeezer with them!
Some of our Favorite Resources
For errors, omissions or if you have something to share? Let us know!
Financial Disclaimer: None of this is meant to be financial advice. We love Ryan Cohen, RC Ventures, GameStop and Bed Bath and Beyond, and like learning and sharing these insights and commentary.
Reply