Tuesday - March 28, 2023

Today's newsletter will take 2.37 minutes to read.

DRS UPDATE: 61.30%* (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• David Simpson is Back with More

Good Morning! This is Mother Squeezer, the newsletter that is struggling to bring you anything new today, but still brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

We scour Reddit, Twitter, headlines and official filings each day to bring you the nuggets from trusted parties that we think matter. Today, it was eerily quiet as there really wasn't much new.

Here's what we do know:

• BBBY is still on Reg SHO

• cost to borrow is still extremely elevated at almost 100%

• the off-exchange volume has been over 60% for quite some time

• the short interest is over 100%

• we're waiting on the next step with the reverse stock split

We don't know about you, but if our modus operandi was to short the stock...we'd see this as a:

Monday Recap: BBBY traded between a low of $0.78 and a high of $0.83 before closing at $0.79. Trading volume was 30.74 million shares.

Cost to borrow: There were 350,000 shares available to borrow this morning and as of now, 40,000 remain. The cost to borrow has remained extremely elevated at 97.0%. 

Pre market: Bed Bath and Beyond is trading up $0.01 to $0.79 an increase of 0.24% on almost 600 thousand volume.

Max pain: The current max pain for BBBY has remained at $1.00.

Monday Recap: GME traded between a low of $22.69 and a high of $24.01 before closing at $23.00. Trading volume was 4.58 million shares.

Cost to borrow: There were 850,000 shares available earlier this morning. Currently there are 15,000 remaining. The cost to borrow has remained around 18.3%.

Pre market: GameStop is trading down $0.15 to $22.85 a decrease of 0.65% on around 20 thousand volume.

Max pain: The current max pain for GME has climbed to $22.50.

GameStopNFT tweeted:

This has a lot of investors excited about tomorrow!

Did you know?

Gordon Ramsay has a net worth thought to be around $220 million. He also has 5 kids.

He shocked the world when he told the Telegraph in 2017 that he would not be leaving a penny of his many millions to his children in his will.

"[My money is] definitely not going to them, and that's not in a mean way; it's to not spoil them," he said.

He further explained that his kids wouldn't completely go without his financial help, however. "The only thing I've agreed with Tana is they get a 25% deposit on a flat, but not the whole flat," he said.

David Simpson is Back with More

Take a look at his compelling speculation including a series of mathematical breakdowns illustrating how an acquisition could play out:

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: ThePPShow

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.