Friday - January 20, 2023

Today's newsletter will take 2.17 minutes to read.

DRS UPDATE: 50.31*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Thursday recap

  • GameStop NFT update

  • Did you know?

  • Richard Newton's letter to the GME Board

Good Morning! This is Mother Squeezer, the newsletter that is ready to see what's in store for today and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

We don't know what's going to happen today but the conditions are right for something unexpected. Bed Bath & Beyond has been on the Reg SHO threshold list for 13 days, the cost to borrow shares is at an all-time high, the options chain is primed today for explosiveness and the stock has been pummeled over the last few months - only recently bouncing off of its 52 week low.

If there has ever been a time to ignite the dynamite, today is that day.

Bed Bath and Beyond

Thursday Recap: BBBY traded between a low of $3.38 and a high of $3.99 before closing at $3.79. Trading volume was 61.59 million shares.

Cost to borrow: There were 100,000 shares available to borrow this morning and as of now, 35,000 remain. The cost to borrow is at an all time high of 240.5%.

Pre market: Bed Bath and Beyond is trading down $0.28 to $3.51 a decrease of 7.39% on over 2.1 million volume.

Max pain: The current max pain for BBBY has remained at $4.50.

GameStop

Thursday Recap: GME traded between a low of $18.82 and a high of $20.45 before closing at $19.04. Trading volume was 4.51 million shares.

Cost to borrow: There were 100,000 shares available earlier this morning. Currently there are 15,000 remaining. The cost to borrow has dipped to 20.8%.

Pre market: GameStop is trading up $0.03 to $19.07 an increase of 0.16% on 42 thousand volume.

Max pain: The current max pain for GME has dropped to $23.00.

GameStopNFT tweeted:

Check out the SOTA Genesis collection here.

Did you know?

GMEdd is a crowdsourced research platform dedicated to Ryan Cohen, GameStop and RC Ventures.

2 months ago, an exclusive interview with Ryan Cohen was released, conducted by Joe Fonicello, making it RC's first appearance in almost 2 years.

Richard Newton's Letter to the GME Board

Richard Newton is an elementary teacher by day and a popular Youtuber in the GameStop investor community by night (we link to him below in our 'Resources' area). He is very passionate about GameStop and holds quite a bit of GME shares.

In a recent video, he shares his draft of a letter that he'll be sending to the board of GameStop to address some concerns. Richard has great intentions, looking to only improve the company, and is offering some great constructive feedback.

This is one of the many reasons GameStop is such an attractive company. It attracts investors who really care.

Watch it here.

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

Why We Believe GameStop is the Greatest Upcoming Investment in Our Lifetime
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.

Join the conversation

or to participate.