Thursday - February 23, 2023

Today's newsletter will take 2.00 minutes to read.

DRS UPDATE: 59.54*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Wednesday recap

  • Did you know?

  • What We're Watching

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

Speaking of spring, with this price suppression, we're looking for an epic launch in (hopefully) the very near future. Aside from cyclical market patterns, there's a few catalysts we're monitoring that we go in below.

Bed Bath and Beyond

Wednesday Recap: BBBY traded between a low of $1.52 and a high of $1.77 before closing at $1.62. Trading volume was 53.91 million shares.

Cost to borrow: There were 200,000 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has climbed back up to 102.5%.

Pre market: Bed Bath and Beyond is trading up $0.05 to $1.67 an increase of 3.31% on over 1.2 million volume.

Max pain: The current max pain for BBBY has remained at $2.00.

GameStop

Wednesday Recap: GME traded between a low of $20.33 and a high of $21.19 before closing at $20.52. Trading volume was 2.16 million shares.

Cost to borrow: There were 1,100,000 shares available earlier this morning. Currently there are 100,000 remaining. The cost to borrow has remained steady at 12.6%.

Pre market: GameStop is trading up $0.10 to $20.62 an increase of 0.49% on around 20 thousand volume.

Max pain: The current max pain for GME has dropped to $20.50.

Did you know?

SEC Form S-3 is a regulatory filing that provides simplified reporting for issuers of registered securities.

An S-3 filing is utilized when a company wishes to raise capital, usually as a secondary offering after an initial public offering has already occurred.

What We're Watching

Sometime today, Bed Bath & Beyond will be releasing an S-3 filing containing a "Preliminary Prospectus Supplement". We're not exactly sure what will be contained, but it could provide more details on who owns the warrants.

BBBY is still on Reg SHO. We're not completely certain what day we're on but know it was listed on January 10. By our count that's 35 consecutive days.

The BBBY bonds have hit a yearly high on the 2024's. This shows investors having faith that BBBY will be around for another year. Typically when bonds rise, share price follows.

The BBBY FTDs continue to rise. Take a look at where we are now vs. the August 2022 run-up...yikes!

🚀🚀🚀

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

Why We Believe GameStop is the Greatest Upcoming Investment in Our Lifetime

BBBY: ThePPShow

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.

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