Monday - October 3, 2022

Today's newsletter will take 2.67 minutes to read.

DRS UPDATE: 54.45*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• What's Up With Credit Suisse?

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that gets your week off right with 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 Virus Appreciation Day...we don't make these up folks. We're encouraged to show our appreciation by...get this, researching them.

While we're at it, where did the researcher keep all of their dad jokes? In a dad-a-base. /joke

We hope you had a great weekend. As for us, we attended a very lovely wedding. The food at the reception was delightful. We had crab cakes, grilled salmon, french style green beans and some of the best cupcakes we've ever tried. That reminds us, try today's life hack next time cake finds a way into your life:

This is guaranteed to work!

Monday Recap: BBBY traded between a low of $5.98 and a high of $6.48 before closing at $6.09. Trading volume was 7.67 million shares.

Cost to borrow: There were 1,000,000 shares available to borrow this morning and as of now, 55,000 remain. The cost to borrow has remained at 12.4%. 

Pre market: Bed Bath and Beyond is trading up $0.01 to $6.10 an increase of 0.03% on over 80 thousand volume.

Max pain: The current max pain for BBBY has NNN to $7.00.

Monday Recap: GME traded between a low of $24.44 and a high of $25.82 before closing at $25.13. Trading volume was 3.14 million shares.

Cost to borrow: There were 25,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has remained steady at 10.0%.

Pre market: GameStop is trading down $0.07 to $25.06 a decrease of 0.28% on 10 thousand volume.

Max pain: The current max pain for GME has remained at $26.00.

GameStopNFT tweeted:

Yet another game coming to GameStopNFT being built on Immutable!

Did you know?

The earliest microscopes were known as “flea glasses” because they were used to study small insects.

What's Up With Credit Suisse?

That major bank is Credit Suisse. Credit Suisse Group is one of the world's largest financial services providers. It offers clients expertise in the areas of private banking, investment banking, and asset management.

It's speculated that Credit Suisse holds a large short positions against GameStop. Last year a "glitch" was discovered on a Bloomberg terminal revealing what many believe to be the position they have:

If Credit Suisse fails, their positions will need to be closed out. This could create a cascading event that could trigger a squeeze.

We'll continue to research this and see how the coming weeks play out.

Ryan Says

Ryan tweeted this back in March:

We're still attempting to determine which apple and which tree he's referring to!

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.