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- Thursday - October 20, 2022
Thursday - October 20, 2022
Today's newsletter will take 1.37 minutes to read.
DRS UPDATE: 56.45*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Wednesday recap
GameStop NFT update
Did you know?
Good Morning! This is Mother Squeezer, the newsletter that usually brings you clever life hacks, updates and insights, along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.
This is a special edition as we're on the road celebrating our anniversary!
We ventured to historic Fredericksburg, Virginia to celebrate!
Dinner was excellent! Thank you for asking.
We'll be here again today and will share updates tomorrow and then back to our regular newsletter format next week.
Wednesday Recap: BBBY traded between a low of $4.96 and a high of $5.29 before closing at $5.00. Trading volume was 7.18 million shares.
Cost to borrow: There were 700,000 shares available to borrow this morning and as of now, 350,000 remain. The cost to borrow has remained at 9.1%.
Pre market: Bed Bath and Beyond is trading up $0.01 to $5.01 an increase of 0.20% on over 40 thousand volume.
Max pain: The current max pain for BBBY has remained at $6.00.
Wednesday Recap: GME traded between a low of $24.27 and a high of $26.18 before closing at $24.54. Trading volume was 5.24 million shares.
Cost to borrow: There were 800,000 shares available earlier this morning. Currently there are 150,000 remaining. The cost to borrow has remained steady at 9.4%.
Pre market: GameStop is trading up $0.20 to $24.74 an increase of 0.81% on 30 thousand volume.
Max pain: The current max pain for GME has dropped to $27.50.
GameStopNFT tweeted:
They may not ask you to pick a side, but in the world of @cavidmdwpro's Cyber Gangs, you may not have a choice. Choose your allegiance.
bit.ly/3zhzEkL
— GameStopNFT (@GameStopNFT)
11:58 AM • Oct 20, 2022
It's great to see so much activity on the NFT marketplace!
Did you know?
Fredericksburg, Virginia was the childhood home of George Washington, a major port during the colonial era, and the site of several major battles during the Civil War. The historic district, set along the Rappahannock River, contains 350 original 18th and 19th century buildings and is home to many living history museums, restaurants, shops, and art galleries.
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
BBBY: Ben - Mr. Business
GME: Richard Newton
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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