Monday - October 10, 2022

Today's newsletter will take 2.71 minutes to read.

DRS UPDATE: 53.33*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Friday recap

• GameStop NFT update

• Did you know?

• Keep an Eye on KOSS

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that makes Monday's better 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.

Happy Columbus Day - remember, the stock market is open but USPS and banks are closed.

We of course have been hard at work to bring you another insightful newsletter. Did you hear what the banker said when he heard inflation was at an all time high? That really peaks my interest /joke

Last week we were happy to finally see the rain subside. We had 6 straight days of heavy rains and winds up our way. We believe it was remnants from the hurricane. It wouldn't have been quite so bad if we didn't have so much driving to do. That brings us to today's life hack. If you need new windshield wipers but want to hold out a little longer, try this:

We don't buy cheap oven mitts anymore... we've been burnt before!

Friday Recap: BBBY traded between a low of $5.40 and a high of $5.84 before closing at $5.42. Trading volume was 6.11 million shares.

Cost to borrow: There were 400,000 shares available to borrow this morning and as of now, 350,000 remain. The cost to borrow has dipped to 10.8%.

Pre market: Bed Bath and Beyond is trading down $0.09 to $5.33 a decrease of 1.66% on over 80 thousand volume.

Max pain: The current max pain for BBBY has dropped to $6.00.

Friday Recap: GME traded between a low of $24.42 and a high of $25.84 before closing at $25.35. Trading volume was 3.27 million shares.

Cost to borrow: There were 75,000 shares available earlier this morning. Currently there are 50,000 remaining. The cost to borrow has dropped a bit to 9.5%.

Pre market: GameStop is trading down $0.05 to $25.30 a decrease of0.20% on 15 thousand volume.

Max pain: The current max pain for GME has dropped to $26.00.

GameStopNFT tweeted:

As of this writing, apparently 195 NFTs have caught the eyes of GameStopNFT followers!

Did you know?

President Franklin Delano Roosevelt designated Columbus Day a national holiday in 1934. This made celebrating the second Monday in October. Previously, it was observed every October 12.

Keep an Eye on KOSS

There was a lot of chatter pertaining to KOSS over the weekend. KOSS is speculated to be the stock that Ryan Cohen was referring to in his cryptic tweet about pillow fights and 60s music. It seems KOSS is another stock in the "swap basket". The stocks in the basket seem to be correlated and move together.

There's a theory out there about how the bad guys swap positions with each other, create derivative products, and reset the clock...essentially kicking the can down the road even further. This has worked for them so far in buying them another day, but at some point, something is going to break.

KOSS is a very interesting play for several reasons. First, it trades on very little volume - around 20k daily. Second, there is a tiny float - around 5 million shares. Third, they were just awarded a settlement from Apple related to a 2 year, IP infringement case. This will give them a $14 million profit for Q3. That's s ton considering KOSS is only a $60 million company.

KOSS closed Friday at $6.40.

Ryan Says

Ryan tweeted this back in August 2021:

Pillow fights = BBBY and 60s music = KOSS ???

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.