Monday - October 24, 2022

Today's newsletter will take 3.37 minutes to read.

DRS UPDATE: 56.44*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Friday recap

• GameStop NFT update

• Did you know?

• What Happened With BBBY?

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that enjoys attempting to decipher RC's tweets and brings 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 great trip we had last week. It's good to be home now, but the travel did get us curious about moving so we're putting the house on the market. While we prep for a move, the newsletters may at times be a little more brief than usual, but rest assured that we'll stay dialed in and bring you the highlights to keep you in the loop.

We did look at a few houses during our travels. One in particular was quite strange. It had 5 large bedrooms but no bathrooms. The wife loved it and said she could make doo without. /joke

Since arriving back at home, we have been working around the house getting ready to list on the market. I prefer working outside while the wife gets stuck doing the kitchen and bathroom work. She shared this tip with me that is today's clever life hack:

But how do you keep a bottle of wine from turning into vinegar? Drink it.

Friday Recap: BBBY traded between a low of $4.54 and a high of $5.02 before closing at $4.67. Trading volume was 12.27 million shares.

Cost to borrow: There were 400,000 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has dropped to 8.9%.

Pre market: Bed Bath and Beyond is trading up $0.02 to $4.69 an increase of 0.43% on over 100 thousand volume.

Max pain: The current max pain for BBBY has dropped to $5.00.

Friday Recap: GME traded between a low of $24.10 and a high of $25.33 before closing at $25.30. Trading volume was 3.03 million shares.

Cost to borrow: There were 550,000 shares available earlier this morning. Currently there are 500,000 remaining. The cost to borrow has remained steady at 9.3%.

Pre market: GameStop is trading up $0.08 to $25.38 an increase of 0.32% on 50 thousand volume.

Max pain: The current max pain for GME has dropped to $25.00.

GameStopNFT tweeted:

It pays to be early! If you're not already following GameStopNFT, consider doing so now!

Did you know?

Back in 2016 Carl Icahn coined the phrase "mother of all short squeezes" when he went long on Herbalife (HLF) after short seller Bill Ackman made a public short play against the stock.

What Happened With BBBY?

We'll be honest. We don't know. However, if this wasn't the bad guys doing a short attack, this could be a strategy to get he BBBY bond prices down in an effort to acquire more and take control.

One thing is for certain. Dots connecting the involvement of Carl Icahn + Ryan Cohen + Bed Bath and Beyond + GameStop are getting further connected (see "Ryan Says" below).

On the r/Superstonk subreddit, u/Money-Maker111 put together this timeline:

Dates and Facts:

• 02NOV2021: *Kroger begins collaborating with BBBY*

• 06MAR2022: *Ryan Cohen makes BBBY investment*

• 25MAR2022: *Carl Icahn (activist leader in Mergers and Acquisitions) informs Kroger of animal welfare issues*

• 28MAR2022: *Carl Icahn shown to be a shareholder of Kroger. Submits his intent to nominate two director candidates.*

• 29MAR2022: *Carl Icahn targets Kroger's Animal Welfare publicly*

• 31MAR2022: *Ryan Cohen tweets to protect children and animals*

• 06JUN2022: *Carl Icahn drops his proxy fight with Kroger.*

• 19AUG2022: *Ryan Cohen sells entire stake in BBBY*

• 19AUG2022: *BBBY taps Kirkland & Ellis "for debt help" (Kirkland and Ellis is the world leader in Mergers and Acquisitions)*

• 02SEP2022: *S&P, Moodys pulls GameStop credit rating (a M&A step)*

• 17OCT2022: *Ryan Cohen tweets a picture with Carl Icahn*

• 21OCT2022: *Kroger partners with plant-based 'Impossible'*

And then asked:

Things may only become apparent when looking backwards. Right now we're just trusting the process. Those of us who've held GME since January 2021 have seen plenty of ups and downs, surges and short attacks, all time highs and 52 week lows. This is just all part of the journey.

Ryan Says

Ryan tweeted this back in June:

A few days back, u/iamhighnlow theorized "China" is an anagram for "Icahn" in this post. If we're picking up what RC is putting down. This will all come to light by the third week of January.

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.