Thursday - September 29, 2022

Today's newsletter will take 2.27 minutes to read.

DRS UPDATE: 54.50*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• GameStop NFT update

• Did you know?

• BBBY Earnings Update

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that enjoy's enjoying coffee with you 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.

And...Happy National Coffee Day to you too!

Does your coffee ever taste like dirt? Maybe because it was just ground this morning. /joke

Today's life hack will have your coffee tasting better than ever, check it out:

To improve the taste of instant coffee and make it less bitter, shake or stir it, then discard the resulting foam.

Words cannot espresso how much this improves the taste!

Wednesday Recap: BBBY traded between a low of $6.06 and a high of $6.57 before closing at $6.46. Trading volume was 9.96 million shares.

Cost to borrow: There were 800,000 shares available to borrow this morning and as of now, 650,000 remain. The cost to borrow has dropped to 12.5%.

Pre market: Bed Bath and Beyond is trading up $0.27 to $6.73 an increase of 4.18% on around 1.2 million volume.

Max pain: The current max pain for BBBY has remained at $7.50.

Wednesday Recap: GME traded between a low of $25.62 and a high of $27.50 before closing at $27.31. Trading volume was 2.62 million shares.

Cost to borrow: There were 100,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has remained steady at 10.0%.

Pre market: GameStop is trading down $0.47 to $26.84 a decrease of 1.72% on around 55 thousand volume.

Max pain: The current max pain for GME has remained at $26.00.

GameStopNFT tweeted:

It's cool to see GameStop's print publication, Game Informer, utilizing NFTs!

Did you know?

During the 16th century in Constantinople, not providing your wife with enough coffee was grounds for divorce (no pun intended).

BBBY Earnings Update

It came as no surprise that the earnings report this morning was poor. The management team guided our expectations at the last update. The good news is, the turnaround plan is moving forward and progress has been made!

Here are some highlights:

• A 30% increase in Welcome Rewards membership

• New mobile app on the way

• On path for $500 million annual savings

• On pace for breakeven cashflow by end of year

• Payables much healthier now

Things are looking much better heading forward!

See the full report.

Ryan Says

Ryan tweeted this a several weeks back:

We're excited to learn exactly how deep the Ryan Cohen tie with BBBY goes.

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

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.