Thursday - December 8, 2022

Today's newsletter will take 2.57 minutes to read.

DRS UPDATE: 47.55*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• GameStop NFT update

• Did you know?

• 71.8 Million Shares Direct Registered

Good Morning! This is Mother Squeezer, the newsletter that enjoys earnings reports and brings you gift ideas, updates and insights, along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

Despite what mainstream media is reporting, the GameStop earnings report from yesterday was good!

GameStop reported a net loss of nearly $95 million, a slight improvement from about a loss of about $105 million in the same period last year. CEO Matt Furlong added the company has been working to make its balance sheet stronger, and cushion its cash position, in hopes of putting it in a position to explore acquisitions of complimentary businesses. He added the company would continue to cut costs, with layoffs occurring in the second half of 2022.

Most importantly, the actual DRS numbers as of October 31 were 71.8 million!

2nd Day of Christmas

Whether you're looking for the ultimate Christmas gift, or a post squeeze purchase, today we bring you an item from Bed Bath and Beyond that is sure to make them happy. We can't expresso this enough!

It grinds, it brews, it delights. What more could you ask for?

https://www.bedbathandbeyond.com/store/product/breville-espresso-machine-the-barista-express/3244573

Wednesday Recap: BBBY traded between a low of $3.22 and a high of $3.43 before closing at $3.27. Trading volume was 6.41 million shares.

Cost to borrow: There were 450,000 shares available to borrow this morning and as of now, 45,000 remain. The cost to borrow has dropped to 5.8%.

Pre market: Bed Bath and Beyond is trading up $0.07 to $3.34 an increase of 2.30% on over 110 thousand volume.

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

Wednesday Recap: GME traded between a low of $21.97 and a high of $23.61 before closing at $22.26. Trading volume was 10.07 million shares.

Cost to borrow: There were 750,000 shares available earlier this morning. Currently there are 300,000 remaining. The cost to borrow has remained steady at 7.5%.

Pre market: GameStop is trading up $0.34 to $22.60 an increase of 1.53% on 150 thousand volume.

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

GameStopNFT tweeted:

Download the beta at: https://www.undeadblocks.com/

Did you know?

Angelo Moriondo is credited with patenting the first espresso machine all the way back in 1884. Using steam and boiling water to quickly brew the coffee, Moriondo’s invention is the precursor to the modern espresso machine as we know it, and his invention was awarded the bronze medal at the 1884 General Expo of Turin.

71.8 Million Shares Direct Registered

Think about that for a moment. Almost 72 million shares have been removed from the DTCC and direct registered in individual investors names. This is unprecedented and receives no media attention...which is quite telling.

Never has there been such a movement with no central leadership. Individual investors are taking the power back in order to fight the corruption on Wall Street. If you haven't already, consider joining the fight. Direct register your shares of GameStop by following the instructions here:

https://www.drsgme.org/

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.