Thursday - December 1, 2022

Today's newsletter will take 2.57 minutes to read.

DRS UPDATE: 59.50*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• GameStop NFT update

• Did you know?

• New BBBY FTD Data is Out

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that kicks it with ya 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.

The new FTD data shows A LOT of shares that need to be purchased to cover obligations. It'll be interesting to see if they cover or kick the can once again.

That reminds me of the time my wife got angry with me for kicking a pregnant woman. She missed the part of the story where I prefaced, saying I was still in the womb. /joke

Speaking of which, next time you wear out your boots, instead of trashing them, repurpose them. Use today's clever life hack to save money, and the environment!

Use a Worn Boot as a Replacement Downspout

What has two dark hairy holes and is smelly? Get your head out of the gutter, it’s your nose.

Wednesday Recap: BBBY traded between a low of $3.11 and a high of $3.41 before closing at $3.40. Trading volume was 11.64 million shares.

Cost to borrow: There were 350,000 shares available to borrow this morning and as of now, 100,000 remain. The cost to borrow has dropped to 6.7%.

Pre market: Bed Bath and Beyond is trading up $0.02 to $3.42 an increase of 0.59% on over 150 thousand volume.

Max pain: The current max pain for BBBY has remained at $3.50.

Wednesday Recap: GME traded between a low of $24.91 and a high of $26.23 before closing at $26.21. Trading volume was 3.73 million shares.

Cost to borrow: There were 1,200,000 shares available earlier this morning. Currently there are 100,000 remaining. The cost to borrow has remained steady at 7.6%.

Pre market: GameStop is trading down $0.21 to $26.00 a decrease of 0.80% on 33 thousand volume.

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

GameStopNFT tweeted:

GameStopNFT never seems to be running out of new projects!

Did you know?

One thing that sets cowboy boots apart from every other type of shoe and boot on the market is that they have no laces. This feature (or lack thereof) is a unique part of their makeup which, ironically, makes them more popular.

Bootmakers originally crafted them this way so that the rider, while on horseback, would not come out of the stirrups and risk slipping off the saddle.

New BBBY FTD Data is Out

To refreshen your memory, FTDs (failure to deliver) is one of the ways the "bad guys" drive the price down. Essentially, in a transaction, they're failing to deliver their end of the exchange. There really shouldn't be any FTDs. The latest report shows there are 648,936 shares that weren't delivered on 11/14/2022. It's going to be interesting to see what happens come 12/15/2022 when these are to be closed out.

See the full report here:

https://chartexchange.com/symbol/nasdaq-bbby/failure-to-deliver/?shr_d=RqxmMV

Ryan Says

Ryan recently liked this tweet:

His last 'like' was back in March so this one seems significant 🤔

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.