Friday - September 9, 2022

Today's newsletter will take 3.07 minutes to read.

DRS UPDATE: 53.19*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Thursday recap

• GameStop NFT update

• Did you know?

• SEGMENT

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that makes you smarter by bringing you clever life hacks, updates and insights, along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

This journey watching things unfold with GameStop and now Bed Bath and Beyond has been like nothing we've ever seen. Individual investors coming in from different areas of expertise are researching and providing insights as to how the "bad guys" are doing what they do to suppress and manipulate stocks. We've learned so much and look forward to continuing bringing you some of the highlights.

Most people don't know about Mona Lisa's shady past. Her history is somewhat controversial. There are different perspectives that provide different narratives and we're unsure which to believe. One question we do have is, if she was guilty, why did she plead innocent in court?

She was framed. /joke

While on the road, we sure have been missing home cooked meals. One thing we try to do to avoid putting on "road weight" is limit fried foods and sweets. That means lots of broccoli and mixed vegetables as side dishes. Besides keeping your weight down, this clever life hack will help you keep your budget manageable and expenses down:

This genuinely confuses servers 100% of the time

Thursday Recap: BBBY traded between a low of $7.55 and a high of $8.26 before closing at $8.24. Trading volume was 22.25 million shares.

Cost to borrow: There were 1,300,000 shares available to borrow this morning and as of now, 1,000,000 remain. The cost to borrow has dropped to 16%. 

Pre market: Bed Bath and Beyond is trading up $0.18 to $8.42 an increase of 2.18% on over 200 thousand volume.

Max pain: The current max pain for BBBY has dropped to $8.

Thursday Recap: GME traded between a low of $24.67 and a high of $26.72 before closing at $25.14. Trading volume was 6.9 million shares.

Cost to borrow: There were 350,000 shares available earlier this morning. Currently there are 350,000 remaining. The cost to borrow has remained steady at 10.6%.

Pre market: GameStop is trading up $0.22 to $26.05 an increase of 0.85% on 85 thousand volume.

Max pain: The current max pain for GME has dropped to $26.

GameStopNFT retweeted:

Talk about imagination, this is pretty incredible! We're always excited to see new creations on the GameStopNFT marketplace.

Did you know?

In late August 1911, a handyman at the Louvre stole the Mona Lisa. Vincenzo Peruggia was an Italian nationalist who believed the painting should be brought back and displayed in its home country. It was in his possession for two years, and no one was any the wiser. He was finally caught trying to sell the painting in Florence.

What a Week

What a week! GameStop updated us with new DRS numbers which showed us that the movement is accelerating. If you're unfamiliar with DRS, check out the link below in the 'Resources' area linking to Computershared.

BBBY named an interim CFO by promoting Laura Crossen to the role. She has been with the company for over 20 years and steps up from the Chief Accounting Officer role so the company looks to be in great hands.

Looking at the chart, BBBY looks to have bottomed and starting a reversal. There's a lot of excitement for next week when we're hoping to see some buying pressure to take care of the fails to deliver from several weeks back.

We're looking forward to see what next week brings!

Ryan Says

Ryan tweeted this back in March:

Since then, he's been cleaning house and transforming GameStop into a force to reckon with. Will Bed Bath and Beyond be next?

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

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.