Thursday - September 8, 2022

Today's newsletter will take 2.63 minutes to read.

DRS UPDATE: 50.4*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Wednesday recap

• GameStop NFT update

• Did you know?

• GameStop Earnings

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that helps you stay strong by bringing 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.

We'll be brief again this morning while traveling but wanted to bring you some updates from the GameStop earnings call yesterday.

Besides bringing you Mother Squeezer, we engage in various marketing and production work. This week we're on location producing a series of commercials. This means long days and lots of time on our feet. We're hoping to get a massage when this is all over.

What do you call musical groups that are exclusively made of masseuses?

Rubber bands. /joke

GameStop has been adding new products week after week. We were browsing yesterday and saw a lot more than games and gaming related products. One thing that caught our eye was their selection of universal remotes. That brings us to today's life hack. If you're like us and put all your money in stock, you can create your own universal remote with a couple of rubber bands:

Ok, that may be a bit of a stretch...

Wednesday Recap: BBBY traded between a low of $6.84 to a high of $8.28 before closing at $7.91 on over 42.4 million shares being exchanged.

Cost to borrow: There were 300,000 shares available to borrow this morning and as of now, 250,000 remain. The cost to borrow has climbed to 17.5%.

Pre market: Bed Bath and Beyond is trading down $0.04 to $7.87 a decrease of 0.51% on over 200 thousand volume.

Max pain: The current max pain for BBBY has dropped to $8.50.

Wednesday Recap: GME traded between a low of $23.42 and a high of $25.19 before closing at $24.04. Trading volume was 12.5 million shares.

Cost to borrow: There were 150,000 shares available earlier this morning. Currently there are XXX remaining. The cost to borrow has dropped to 10.6%.

Pre market: GameStop is trading up $2.31 to $26.35 an increase of 9.61% on 150 thousand volume.

Max pain: The current max pain for GME has dropped to $29.

GameStopNFT tweeted:

GodsUnchained *is* one of the most hyped games we've seen for quite some time. It's exciting to see Immutable X, one of GameStop's partners, become the preferred gaming platform in such a short time.

Did you know?

71-year-old Rudy Kadlub set four world records at the USPA North American Championships in San Diego back in November 2021. They were: 430 Squat, 303 bench, 518 Deadlift, 1251 total.

GameStop Earnings

The GameStop Q2 2022 earnings call was yesterday, here are the highlights:

• 71.3 million shares direct registered (as of July 30, 2022)

• Exclusive partnership with FTX announced

• $1.14 billion in sales

• Inventory up to $734.8 million

• Ended quarter with $908.9 million cash/cash equivalents on hand

Ryan Says

Ryan tweeted this back in January:

This is thought to be Ryan poking fun of himself while referencing a quote by Charlie Munger talking about Elon Musk. We love our Chairman!

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.