Friday - February 24, 2023

Today's newsletter will take 2.17 minutes to read.

DRS UPDATE: 59.54*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Thursday recap

• GameStop NFT update

• Did you know?

• Maybe Something, Maybe Nothing

Good Morning! This is Mother Squeezer, the newsletter that is ready for the bounce and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

BBBY has closed negatively 11 of the past 12 days. The only up day was $0.01 greater than the previous close. All this on nothing but good news. Any day now we're looking for a bounce...

Thursday Recap: BBBY traded between a low of $1.45 and a high of $1.61 before closing at $1.50. Trading volume was 50.78 million shares.

Cost to borrow: There were 0 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained at 102.5%. 

Pre market: Bed Bath and Beyond is trading down $0.04 to $1.46 a decrease of 2.67% on over 1.3 million volume.

Max pain: The current max pain for BBBY has remained at $2.00.

Thursday Recap: GME traded between a low of $19.53 and a high of $20.87 before closing at $20.14. Trading volume was 2.86 million shares.

Cost to borrow: There were 1,000,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has remained steady at 12%.

Pre market: GameStop is trading down $0.58 to $19.56 a decrease of 2.88% on around 18 thousand volume.

Max pain: The current max pain for GME has remained at $20.50.

GameStopNFT tweeted:

There *is* a lot to learn and we're still early!

Did you know?

Kelley Drye & Warren LLP is an international law firm founded in 1836 and is one of the oldest firms in the United States. It operates in New York; Washington; Los Angeles; Chicago; Stamford, Connecticut; Parsippany, New Jersey; Houston, Texas; and San Diego, California. It also offers legal services through an affiliate relationship with Mumbai-based Fortitude Law Associates.

Maybe Something, Maybe Nothing

u/Frequent-Designer-61 brought a discovery into the community last night regarding GameStop and Bed Bath & Beyond.

As you may remember, last year, GameStop filed a trademark for "GMERICA". The attorney of file is Andrea Calvaruso of Kelley Drye & Warren LLP.

Sarah Fabian, also from Kelley Drye & Warren LLP posted this on Linkedin earlier in the week:

This is either yet another unbelievable coincidence or maybe showing another tie between the two companies. They just keep coming!

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

Start Here

BBBY: ThePPShow

BBBY: Ben - Mr. Business

GME: Richard Newton

Computershared.net

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.