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- Monday - November 21, 2022
Monday - November 21, 2022
Mother Squeezer
November 21, 2022
Today's newsletter will take 2.53 minutes to read.
DRS UPDATE: 58.17*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Friday recap
GameStop NFT update
Did you know?
Teddy is Born!
Ryan Says
Good Morning! This is Mother Squeezer, the newsletter that can't bear to wait much longer but continues to bring 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.
What a weekend! RC has spoken - both on Twitter and in an interview! The BBBY bond deadline was extended but it feels that momentum is building! We're so excited we can't sit still!
Did you hear what the teddy bear said after dinner? I’m stuffed. /joke
We live in nature. Besides deer and turkeys, we see the occasional bear. If you ever encounter a bear in the wild, follow today's clever life hack to increase your chances of survival:
...and if it's white, say good night!
Friday Recap: BBBY traded between a low of $3.35 and a high of $3.51 before closing at $3.38. Trading volume was 6.70 million shares.
Cost to borrow: There were 350,000 shares available to borrow this morning and as of now, 100,000 remain. The cost to borrow has dipped to 9.1%.
Pre market: Bed Bath and Beyond is trading unchanged at $3.38 on over 120 thousand volume.
Max pain: The current max pain for BBBY has dropped to $3.50.
Friday Recap: GME traded between a low of $26.83 and a high of $28.70 before closing at $27.60. Trading volume was 3.08 million shares.
Cost to borrow: There were 500,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has remained steady at 7.9%.
Pre market: GameStop is trading down $0.35 to $27.25 a decrease of 1.27% on 25 thousand volume.
Max pain: The current max pain for GME has dropped to $26.00.
GameStopNFT tweeted:
Attention creators!
Our application form reopens on Monday, November 21st. If you're a game dev or create interactive NFTs, we'd especially love to hear from you. Find all info at gamestopnft.paperform.co— GameStopNFT (@GameStopNFT)
6:00 PM • Nov 18, 2022
As we suspected, the NFT marketplace is for more than just visual art!
Did you know?
After the Titanic sank in 1912, German toy company Steiff created 500 teddy bears to honor the victims. The “mourning bears” were black with red-rimmed eyes to show their sympathy. They now sell for $20,000 or more in auctions.
Teddy is Born!
Remember Ryan Cohen's first venture - Chewy? Now he has launched Teddy. The current speculation is that he'll acquire buybuyBaby and merge into Teddy. There were 14 trademarks filed earlier this year that cover the whole gamut of products Teddy will offer.
Ryan has named the company after his late father, Ted. Ted instilled in Ryan the ethics and principles that guide him today. This is such exciting news and starts to give us an idea of exactly how these pieces fit together!
Read his tribute here:
Ryan Says
Ryan tweeted this Saturday morning:
I also want to be the Book King 👑
— Ryan Cohen (@ryancohen)
3:28 PM • Nov 19, 2022
Teddy is born, this is BIG!
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
BBBY: Ben - Mr. Business
GME: Richard Newton
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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