Monday - February 6, 2023

Today's newsletter will take 1.87 minutes to read.

DRS UPDATE51.84*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Friday recap

  • Did you know?

  • Another Institutional Buy of BBBY

Good Morning! This is Mother Squeezer, the newsletter that celebrates the gift of a new week and brings you updates and insights along with timely information about our favorite Activist InvestorRyan Cohen, and our favorite stocks - GME and BBBY.

It was a quiet weekend. Surprisingly there wasn't much weekend drama to report. We enter this week with high cost to borrows for both stocks and BBBY still on Reg SHO.

Bed Bath and Beyond

Friday Recap: BBBY traded between a low of $3.00 and a high of $3.49 before closing at $3.05. Trading volume was 27.88 million shares.

Cost to borrow: There were 0 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained extremely elevated with reports of over 300%

Pre market: Bed Bath and Beyond is trading up $0.07 to $3.12 an increase of 2.30% on over 1 million volume.

Max pain: The current max pain for BBBY has remained at $3.00.

GameStop

Friday Recap: GME traded between a low of $21.80 and a high of $23.93 before closing at $22.25. Trading volume was 4.93 million shares.

Cost to borrow: There were 750,000 shares available earlier this morning. Currently there are 300,000 remaining. The cost to borrow has dropped to around 18.2%.

Pre market: GameStop is trading up $0.04 to $22.29 an increase of 0.18% on 16 thousand volume.

Max pain: The current max pain for GME has dropped to $20.50.

Did you know?

Smart money is capital placed in the market by institutional investors, market mavens, central banks, funds, and other financial professionals.

Smart money also refers to the force that influences and moves financial markets, often led by the actions of central banks.

Smart money is invested on a much larger scale than retail investments.

Another Institutional Buy of BBBY

They're flocking like geese now. We've seen Blackrock, Bank of Montreal, Everence Capital and now Mizuho Markets Cayman LP add BBBY to their portfolio.

There's a saying in investing of "follow the smart money". Often times, institutions are privy to information retail investors don't have. It's reassuring to see large funds adding more BBBY to their portfolios.

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.

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