Thursday - January 12, 2023

Today's newsletter will take 1.77 minutes to read.

DRS UPDATE: 50.17*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Wednesday recap

  • Did you know?

  • Friday Night Lights

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

We'll keep it brief this morning, things are still moving forward as we'd hoped. Both GME and BBBY are primed for runs. Since BBBY was hammered down so much, it seems to be moving faster at the moment. If the options chain is any indicator of how high BBBY can go in the short run, there is more money on the $80 strikes than shares exist....wow!

These are exciting times!

Bed Bath and Beyond

Wednesday Recap: BBBY traded between a low of $2.41 and a high of $3.55 before closing at $3.49. Trading volume was 238.1 million shares.

Cost to borrow: There were 0 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained elevated at 67.3%.

Pre market: Bed Bath and Beyond is trading up $0.81 to $4.30 an increase of 23.21% on over 16 million volume.

Max pain: The current max pain for BBBY has climbed to $2.00.

GameStop

Wednesday Recap: GME traded between a low of $17.86 and a high of $20.05 before closing at $19.04. Trading volume was 8.40 million shares.

Cost to borrow: There were 100,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has climbed to 21.1%.

Pre market: GameStop is trading up $0.06 to $19.10 an increase of 0.32% on 80 thousand volume.

Max pain: The current max pain for GME has remained at $17.00.

Did you know?

A gamma squeeze happens when the underlying stock’s price begins to go up very quickly within a short period of time. As more money flows into call options from investors, that forces more buying activity which can lead to higher stock prices.

Friday Night Lights

At the Bed Bath and Beyond meeting, the conclusion was a clip from the movie "Friday Night Lights". What could this mean?

If we're reading between the lines, the announcement that we've been waiting on is coming tomorrow after market close.

Notice the tagline - Hope Comes Alive. Do with this what you will!

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
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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