- Mother Squeezer
- Posts
- Thursday - October 6, 2022
Thursday - October 6, 2022
Today's newsletter will take 2.03 minutes to read.
DRS UPDATE: 54.72*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Wednesday recap
GameStop NFT update
Did you know?
One Thing's For Certain
Ryan Says
Good Morning! This is Mother Squeezer, the newsletter that rides the highs and lows and 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.
Down Monday, up Tuesday, down Wednesday...are you getting dizzy yet? Well, if so - turn it off. Unless you're buying, you may not want to watch for fear of getting your hopes up.
We asked our friends if they'd like to join us in watching seesaw. They told me they can't because they don't watch R-Rated movies. /joke
This issue will be on the shorter side. That brings us to today's clever life hack:
That's what we call proactive communication.
Wednesday Recap: BBBY traded between a low of $5.90 and a high of $6.35 before closing at $5.97. Trading volume was 8.42 million shares.
Cost to borrow: There were 800,000 shares available to borrow this morning and as of now, 800,000 remain. The cost to borrow has remained at 12.1%.
Pre market: Bed Bath and Beyond is trading up $0.05 to $6.02 an increase of 0.84% on over 120 thousand volume.
Max pain: The current max pain for BBBY has NNN to $6.50.
Wednesday Recap: GME traded between a low of $25.43 and a high of $26.98 before closing at $26.39. Trading volume was 2.98 million shares.
Cost to borrow: There were 500,000 shares available earlier this morning. Currently there are 500,000 remaining. The cost to borrow has dropped to 9.8%.
Pre market: GameStop is trading up $0.01 to $26.40 an increase of 0.04% on 18 thousand volume.
Max pain: The current max pain for GME has NNN to $26.00.
GameStopNFT tweeted:
Introducing @Immutable Wednesdays!
Every week, we will be showcasing the next generation of the best web3 games building #onIMX 🅧
Show the love by following @Immutable
— GameStopNFT (@GameStopNFT)
10:00 PM • Oct 5, 2022
The partnership between GameStopNFT and Immutable looks to go even deeper now!
Did you know?
It is believed that Korean girls in the 17th century who were not allowed beyond the confines of their courtyard walls invented the seesaw to catapult themselves in the air high enough to glimpse the outside world.
One Thing's For Certain
These markets will continue to be volatile. Whether you're holding GME and BBBY as value plays or squeeze plays, or you just like the stocks...
take advantage of the volatility by adding to your portfolio on the down days. These stocks travel in cycles and we're waiting for the next upswing. We never know when the next catalyst will strike. What we don't want is to look back and wished we had bought more.
Ryan Says
Ryan tweeted this as his very first tweet back in 2019:
Hello Twitter! #myfirstTweet
— Ryan Cohen (@ryancohen)
8:25 PM • Jul 2, 2019
Things have certainly come a long way since then!
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!
[RC PHOTO]
Some of our Favorite Resources
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.
Reply