Monday - September 26, 2022

Today's newsletter will take 2.73 minutes to read.

DRS UPDATE: 54.28*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Friday recap

• GameStop NFT update

• Did you know?

• Ready for Another Round?

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that goes another round with you 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.

Last week was tough. We needed some rest so caught up on our sleep and stayed away from the computer and phone this weekend. Now we're fresh and ready for a new week of trading.

We're excited to see what happens!

Why do Pirates always win boxing matches? They have a killer hook. /joke

We don't have any sound advice for healing a black eye faster but we do have a tip for removing a splinter. Today's clever life hack will really help you get unstuck:

If you’ve got a splinter below your skin surface, wrap a banana peel around it. Wet side against your skin. It will draw the splinter out most of the time.

Friday recap: BBBY traded between a low of $6.50 and a high of $7.12 before closing at $6.67. Trading volume was 9.62 million shares.

Cost to borrow: There were 500,000 shares available to borrow this morning and as of now, 250,000 remain. The cost to borrow has risen to 13.2%. 

Pre market: Bed Bath and Beyond is trading down $0.11 to $6.56 a decrease of 1.65% on over 140 thousand volume.

Max pain: The current max pain for BBBY has remained at $8.00.

Friday recap: GME traded between a low of $24.06 and a high of $25.15 before closing at $25.04. Trading volume was 3.62 million shares.

Cost to borrow: There were 600,000 shares available earlier this morning. Currently there are 8,000 remaining. The cost to borrow has risen to 10.2%.

Pre market: GameStop is trading down $0.33 to $24.71 a decrease of 1.32% on 20 thousand volume.

Max pain: The current max pain for GME has risen to $28.00.

GameStopNFT tweeted:

This is a novel NFT collection. We haven't seen anything quite like this one. Check it out: RatioRatio.

Did you know?

The greatest number of rounds was 276 in 4 hr 30 min when Jack Jones beat Patsy Tunney in Cheshire in 1825. Before the Queensbury Rules were introduced in 1867 each round of a fight would last until someone was knocked down. At that point the fighters would go back to their corners and then the fight would start again. There was no time limit nor was there any limit to the number of rounds. Because of this many fights at this time would end in draws.

Ready for Another Round?

Last week was brutal.

BBBY dropped from a week high of $8.29 to a low of $6.50, almost 21%.

GME dropped from a week high of $29.62 to a low of $24.06, almost 19%.

Let's hope last week was an overreaction and this week we go the other way. BBBY has earnings on Thursday before market open. We're not expecting much from the earnings call but it's always exciting to hear any updates directly from the source.

GameStop DRS estimate is over 54%. That's exciting, as the price drops, the rate of direct registering seems to climb, which makes sense. More people buying more shares as they become cheaper. 

Let's see what happens today!

Ryan Says

Ryan tweeted this exactly 1 year ago:

We're expecting his next interaction this week, fingers crossed 🤞.

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.