Friday - March 24, 2023

Today's newsletter will take 3.17 minutes to read.

DRS UPDATE: 61.08%* (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Thursday recap

• GameStop NFT update

• Did you know?

• d4nl0w is Back with More

Good Morning! This is Mother Squeezer, the newsletter that realizes sometimes it's not simply black and white and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

If you were trying to figure out what's going on and measuring simply by looking at the BBBY share price, you'd most likely be wrong. It would seem a falling stock indicates a failing company. Sometimes things aren't black and white.

Last night on ThePPShow, "Roach" joined again and explained how he sees things going down. To summarize, he's "loading the boat". 

He is a part of a mastermind type group that meet via a Discord server, where they discuss this BBBY play. The hive mind has brought up some incredible discoveries and theories, one of which by d4nl0w, that we go into further down below.

Roach believes we'll know who owns the warrants as soon as March 27, but most probably by April 6. That's less than 2 weeks away. This bit of information will be the beginning of the end.

Up to this point, the direct involvement of Ryan Cohen and or Carl/Brett Icahn has been speculation. Once we see definitive proof of their involvement...it'll be time to watch this thing... 

Thursday Recap: BBBY traded between a low of $0.78 and a high of $0.84 before closing at $79. Trading volume was 41.6 million shares.

Cost to borrow: There were 450,000 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained extremely elevated at 109.3%. 

Pre market: Bed Bath and Beyond is trading up $0.01 to $0.80 an increase of 1.75% on over 1.1 million volume.

Max pain: The current max pain for BBBY has remained at $1.00.

Thursday Recap: GME traded between a low of $22.13 and a high of $24.59 before closing at $22.58. Trading volume was 11.17 million shares.

Cost to borrow: There were 700,000 shares available earlier this morning. Currently there are 550,000 remaining. The cost to borrow has remained elevated at 33.1%.

Pre market: GameStop is trading down $0.25 to $22.33 a decrease of 1.11% on around 69 thousand volume.

Max pain: The current max pain for GME has climbed to $22.00.

GameStopNFT tweeted:

   🐰 🎮

Did you know?

The width and pattern of zebra stripes vary widely by species.

The Grevy’s zebra has narrow vertical stripes covering its entire body, including its ears and mane.

The striping pattern of the plains zebra varies by location; they have either black striping and a primarily white body color, or lighter, dark brown stripes overall.

Mountain zebras have a white or off-white body color with black or deep brown body stripes that are spaced close together. They do not have stripes on their bellies, and those on their head and body are narrower than the ones on their rump.

Even within each species, no two zebras have the same stripes; they are as unique as fingerprints.

d4nl0w is Back with More

There's a lot to unpack here so let's skip to the end:

To read this thread from the beginning and in its entirety, start 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

Start Here

BBBY: ThePPShow

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.