Thursday - February 9, 2023

Today's newsletter will take 2.53 minutes to read.

DRS UPDATE: 51.84*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• GameStop NFT update

• Did you know?

• Institutional Buying of GME

Good Morning! This is Mother Squeezer, the newsletter that is ready for another day of battle and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

The nature of this newsletter is to bring you the facts as well as speculative opinions and insights to be able to connect the dots and see what's coming. A lot of times, things don't make sense. For example, BBBY releasing extremely good news on Monday and having the stock tank the next two days.

One thing we do know is Ryan Cohen operates in secrecy. He's not one to tip off the enemy. He let's you know after the fact and not before.

It's ok. We're numb to these short attack shenanigans. We believe we know what's coming and it'll be epic. We consider these low, low prices a gift and keep accumulating. We believe it will be slowly and then suddenly before this thing blows...and it feels like a pressure cooker about to erupt.

Wondering why we were down yesterday? One reason is the off-exchange volume was over 60%, the highest we've seen it in quite some time.

Wednesday Recap: BBBY traded between a low of $2.53 and a high of $3.15 before closing at $2.61. Trading volume was 129.70 million shares.

Cost to borrow: There were 450,000 shares available to borrow this morning and as of now, 200,000 remain. The cost to borrow has remained extremely elevated at 443.7%. 

Pre market: Bed Bath and Beyond is trading up $0.19 to $2.80 an increase of 7.34% on over 8.5 million volume.

Max pain: The current max pain for BBBY has remained at $4.00.

Wednesday Recap: GME traded between a low of $20.61 and a high of $21.55 before closing at $21.10. Trading volume was 2.84 million shares.

Cost to borrow: There were 350,000 shares available earlier this morning. Currently there are 350,000 remaining. The cost to borrow has remained steady at 17%.

Pre market: GameStop is trading up $0.20 to $21.30 an increase of 0.95% on 35 thousand volume.

Max pain: The current max pain for GME has remained to $22.00.

GameStopNFT tweeted:

Pro tip: always keep your wallet secret phrases secure and remember where you store them!

Did you know?

Since its founding, VanEck has been privately owned and operated by the van Eck family. John van Eck launched the firm in 1955 to bring post-World War II investment opportunities to U.S. investors. In the early 1990s, when his sons, Derek and Jan, joined the Firm, VanEck undertook a series of business initiatives that have since provided substantial growth.

Institutional Buying of GME

We've been bringing you institutional buys of GME as they've become known. Today we'll share with you a few big buys of GME.

Van Eck Associates added 989,859 shares and Northwest Asset Management added 40,424 shares.

Even though GME has been relatively flat for the last few months, it's always a good sign to see the big boys going back in.

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.