Friday - March 3, 2023

Today's newsletter will take 1.87 minutes to read.

DRS UPDATE: 59.90*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Thursday recap

  • GameStop NFT update

  • Did you know?

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

It's been a quiet few days with not a whole lot to report. One thing to note is BBBY is still on Reg SHO, making it around 39 consecutive days.

Something that we did notice this week is that some positive sentiment started surfacing in the mainstream media.

Even Jim Cramer from CNBC who's been notoriously bearish on the stock mentioned he was wrong in regards to BBBY:

Others are recognizing what we've been seeing for quite awhile. BBBY is listed as the "Top Undervalued Stock" in the Retail category according to ValuEngine:

It seems the tide is slowly starting to turn.

Bed Bath and Beyond

Thursday Recap: BBBY traded between a low of $1.50 and a high of $1.65 before closing at $1.56. Trading volume was 46.81 million shares.

Cost to borrow: There were 80,000 shares available to borrow this morning and as of now, 70,000 remain. The cost to borrow has remained elevated at 110.1%.

Pre market: Bed Bath and Beyond is trading down $0.01 to $1.55 an increase of 0.64% on over 1.6 million volume.

Max pain: The current max pain for BBBY has remained at $1.50.

GameStop

Thursday Recap: GME traded between a low of $17.62 and a high of $18.40 before closing at $18.19. Trading volume was 2.63 million shares.

Cost to borrow: There were 200,000 shares available earlier this morning. Currently there are 100,000 remaining. The cost to borrow has remained around 10.6%.

Pre market: GameStop is trading up $0.20 to $18.39 an increase of 1.10% on around 21 thousand volume.

Max pain: The current max pain for GME has remained at $19.50.

GameStopNFT tweeted:

Sounds good!

Did you know?

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

BBBY: ThePPShow

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.

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