Monday - February 13, 2023

Today's newsletter will take 2.27 minutes to read.

DRS UPDATE: 52.36*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• Did you know?

• Trigger Events

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

After breaking $7 last Monday, BBBY has fallen each of the last 5 days. Will things turn around this week? We're not sure. What we do know is the cost to borrow is still extremely elevated, we're still on Reg SHO, big boys are still buying - Vanguard Group added over 366k shares, and Mitsubishi UFJ Trust & Banking Corp added over 103k shares, oh and another amended filing came out on Friday after close mentioning "trigger events" that would even get triggered Karen excited.

Monday Recap: BBBY traded between a low of $2.30 and a high of $2.57 before closing at $2.35. Trading volume was 48.15 million shares.

Cost to borrow: There were 200 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained extremely elevated at over 260%.

Pre market: Bed Bath and Beyond is trading up $0.02 to $2.37 an increase of 0.85% on over 2.2 million volume.

Max pain: The current max pain for BBBY has climbed to $4.00.

Monday Recap: GME traded between a low of $19.05 and a high of $20.04 before closing at $19.27. Trading volume was 2.90 million shares.

Cost to borrow: There were 200,000 shares available earlier this morning. Currently there are 25,000 remaining. The cost to borrow has remained around 16.2%.

Pre market: GameStop is trading up $0.08 to $19.35 an increase of 0.42% on 21 thousand volume.

Max pain: The current max pain for GME has climbed to $22.50.

Did you know?

An event-driven strategy is a type of investment strategy that attempts to take advantage of temporary stock mispricing, which can occur before or after a corporate event takes place. It is most often used by private equity or hedge funds because it requires necessary expertise to analyze corporate events for successful execution.

Examples of corporate events include restructurings, mergers/acquisitions, bankruptcy, spinoffs, takeovers, and others. An event-driven strategy exploits the tendency of a company's stock price to suffer during a period of change.

Trigger Events

u/U-copy posted this after reviewing the amended 8K and we found it share worthy:

In AH, I had a chance to go over filing and look what I found.

"Seccessor shares" mentioned:

Seccessor Shares meaning:

Trigger Event:

Trigger Event meaning in business:

Change of Control:

Buy in Price:

Looks like Friday's amendment 8-K filing is finalized filing for someone to sign and snap the finger to trigger the event.

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: 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.