Thursday - January 5, 2023

Today's newsletter will take 2.03 minutes to read.

DRS UPDATE: 49.59*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• Did you know?

• The Stage Has Been Set

Good Morning! This is Mother Squeezer, the newsletter that is taking cover from another short attack and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

Premarket activity has been nuts for BBBY this morning. Bed Bath and Beyond released an 8-K and a NT 10-Q this morning. The 8-K was to announce the bond offer has now been terminated.

But what about the NT 10-Q?

Could something big be in the works?

Wednesday Recap: BBBY traded between a low of $2.29 and a high of $2.48 before closing at $2.41. Trading volume was 10.14 million shares.

Cost to borrow: There were 450,000 shares available to borrow this morning and as of now, 400,000 remain. The cost to borrow has remained at 13.5%.

Pre market: Bed Bath and Beyond is trading up $0.04 to $2.45 an increase of 1.66% on over 150 thousand volume.

Max pain: The current max pain for BBBY has dropped to $2.50.

Wednesday Recap: GME traded between a low of $16.90 and a high of $17.93 before closing at $17.32. Trading volume was 3.93 million shares.

Cost to borrow: There were 450,000 shares available earlier this morning. Currently there are 15,000 remaining. The cost to borrow has increased to 20.9%.

Pre market: GameStop is trading up $0.03 to $17.35 an increase of 0.17% on 20 thousand volume.

Max pain: The current max pain for GME has dropped to $18.50.

Did you know?

Gamma hedging is a sophisticated options strategy used to reduce an option position's exposure to large movements in the underlying security. Gamma hedging is also employed at an option's expiration to immunize the effect of rapid changes in the underlying asset's price that can occur as the time to expiry nears.

The Stage Has Been Set

The options chain is primed for BBBY to soar when the right catalyst ignites the fuse. The forces at play could see the stock climb from where it is now to $5, then $8, then upwards from there. As it climbs, it will have the tendency to pick up momentum along the way. The $80 strikes are on the table.

When GameStop began to squeeze 2 years ago, it climbed over 1500% in 2 weeks. It started moving on January 13 and peaked out on January 27 when the "buy" orders were (illegally) disabled across many brokers.

Let's see how things unfold. An acquisition may be the catalyst that would send this thing beyond Uranus!

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.