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- Friday - February 10, 2023
Friday - February 10, 2023
Mother Squeezer
February 10, 2023
Today's newsletter will take 2.07 minutes to read.
DRS UPDATE: 51.84*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Thursday recap
GameStop NFT update
Did you know?
Citigroup Inc Increased its BBBY Exposure
Good Morning! This is Mother Squeezer, the newsletter that wishes you a Happy Teddy Day and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.
Happy Teddy Day! Quite a few investors are hoping for some developments today from Ryan Cohen.
There was an image in one of his Teddy books that many had interpreted today as being significant...see the hands at 2 and 10?
If nothing comes today, we'll be looking for some fireworks next week. The FTDs continue to mount, BBBY is still on Reg SHO and large buy orders continue to mount.
Thursday Recap: BBBY traded between a low of $2.38 and a high of $2.98 before closing at $2.60. Trading volume was 109.31 million shares.
Cost to borrow: There were 65,000 shares available to borrow this morning and as of now, 3,000 remain. The cost to borrow has remained extremely elevated at 345%.
Pre market: Bed Bath and Beyond is trading down $0.02 to $2.58 a decrease of 0.77% on over 2 million volume.
Max pain: The current max pain for BBBY has dropped to $3.50.
Thursday Recap: GME traded between a low of $19.67 and a high of $21.65 before closing at $19.67. Trading volume was 4.49 million shares.
Cost to borrow: There were 600,000 shares available earlier this morning. Currently there are 450,000 remaining. The cost to borrow has remained dipped a little to 16.2%.
Pre market: GameStop is trading jp $0.01 to $19.68 a decrease of 0.05% on 60 thousand volume.
Max pain: The current max pain for GME has dropped to $21.50.
GameStopNFT tweeted:
New search functions you say?👀 That's right! You can now see your search history, filter your search by collection or NFT and more on the @GameStopNFT marketplace!
— GameStopNFT (@GameStopNFT)
10:00 PM • Feb 9, 2023
GameStopNFT, always be building!
Did you know?
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
Citigroup Inc Increased its BBBY Exposure
Citigroup Inc added 105,591 shares of BBBY bringing its total to 215,228. We're continuing to see more and more funds adding shares to their portfolios.
Citigroup is not just any fund. With over 200 million customers in over 160 countries, it ranks in the top global banks.
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
BBBY: Ben - Mr. Business
GME: Richard Newton
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.
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