Thursday - March 2, 2023

Today's newsletter will take 1.93 minutes to read.

DRS UPDATE: 59.90*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• Did you know?

• More Big BBBY Buys

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

Did you see that unfamiliar color yesterday? It's called green. The downtrend has been interrupted and today we'll see if it continues. There are reports of more big buys, the bond payments have been officially confirmed, the bonds are trading higher and the cost to borrow is climbing! It feels like this bird is ready to fly!

Wednesday Recap: BBBY traded between a low of $1.37 and a high of $1.64 before closing at $1.50. Trading volume was 77.18 million shares.

Cost to borrow: There were 350,000 shares available to borrow this morning and as of now, 350,000 remain. The cost to borrow has climbed to 128.6%.

Pre market: Bed Bath and Beyond is trading up $0.05 to $1.55 an increase of 3.33% on over 2.2 million volume.

Max pain: The current max pain for BBBY has remained at $1.50.

Wednesday Recap: GME traded between a low of $18.14 and a high of $19.09 before closing at $18.15. Trading volume was 4.21 million shares.

Cost to borrow: There were 900,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has remained steady at 10.7%.

Pre market: GameStop is trading up $0.05 to $18.20 an increase of 0.28% on around 45 thousand volume.

Max pain: The current max pain for GME has remained at $19.50.

Did you know?

ExodusPoint, founded in 2017 by Michael Gelband and Hyung Lee, began managing investor capital in 2018. The New York based fund debuted with a record $8.5 billion in assets.

More Big BBBY Buys

ExodusPoint Capital Management LP has added 67,515 shares of BBBY to its portfolio. It never gets old seeing large funds adding one of our favorite stocks.

Aside from the above mentioned fund, Edgestream Partners L.P., JBF Capital Inc., Cambria Investment Management L.P., Pinnacle Holdings LLC and Oppenheimer & Co. Inc all added BBBY according to recent filings.

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.