Thursday - February 16, 2023

Today's newsletter will take 2.37 minutes to read.

DRS UPDATE: 55.58*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• GameStop NFT update

• Did you know?

• Squeeze Cycles

*maybe

Good Morning! This is Mother Squeezer, the newsletter that strives to kick ass and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

It was another sleepless night. We watched ThePPShow last night and were just too excited to wind down after it was over.

Here's what we know:

• BBBY is still on Reg SHO

• cost to borrow is still extremely elevated

• there's a merger/acquisition/carve-out/takeover upon us

• the new FTD data shows how severe things are

• these squeezes are cyclical (see Squeeze Cycles below)

• the cycle is upon imminent

Wednesday Recap: BBBY traded between a low of $1.82 and a high of $2.13 before closing at $1.93. Trading volume was 71.12 million shares.

Cost to borrow: There were 200,000 shares available to borrow this morning and as of now, 30,000 remain. The cost to borrow has remained extremely elevated at 138.6%.

Pre market: Bed Bath and Beyond is trading down $0.06 to $1.87 a decrease of 3.11% on over 2.4 million volume.

Max pain: The current max pain for BBBY has remained at $3.00.

Wednesday Recap: GME traded between a low of $19.59 and a high of $21.80 before closing at $21.80. Trading volume was 7.14 million shares.

Cost to borrow: There were 400,000 shares available earlier this morning. Currently there are 60,000 remaining. The cost to borrow has remained around 15%.

Pre market: GameStop is trading down $0.72 to $21.08 a decrease of 3.30% on around 110 thousand volume.

Max pain: The current max pain for GME has dropped to $21.25.

GameStopNFT tweeted:

This tweet translates to The bunny is back!

Did you know?

FINRA requires firms to report short interest positions in all customer and proprietary accounts in all equity securities twice a month. All short interest positions must be reported by 6 p.m. Eastern Time on the second business day after the reporting settlement date designated by FINRA.

Squeeze Cycles

Last night on ThePPShow, an investor whom we've referenced in the past, "U-Copy" came on to discuss squeeze cycles. He revealed that previous run-ups of BBBY, GME, AMC and KOSS all occurred on FINRA Short Interest Reporting Dates.

Sure enough, this appears to be the case. What else is interesting is that it looks like Ryan Cohen knew this as well. His filings for entering his positions in GME and BBBY along with exiting BBBY all align with these cycles.

Here's another interesting observation. We went back and looked at the FINRA Short Interest Reporting Dates from 2021 and guess when the significant date was? Yep, February 24.

Guess what else happened on that date...

It looks like RC was telling us "the dip machine is no longer broken".

So what can we do with this information? Well, that's up to you. The next significant reporting date is coming up on February 27, 2023. In the past, we've seen surges begin before this publication date.

Buckle up!

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

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.