Tuesday - August 23, 2022

Today's newsletter will take 3.37 minutes to read.

DRS UPDATE: 48.83*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• Linking the evidence

• Ryan Says

Sometimes things are so ugly, they're actually cute.

Good Morning! This is Mother Squeezer, the newsletter that helps you link the evidence 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.

In this edition, we're going to continue to explore the evidence and formulate some questions after contemplating the discoveries made by other individual investors and posted on Reddit and Twitter.

We haven't gotten a whole lot of sleep lately, all this market excitement makes it tough to wind down. We're on our way to get coffee out this morning, which is unusual, but after sleeping in a little, that's our best option.

We'll be trying a new coffee shop this morning since the other one closed down. We are a little apprehensive about the new one because of the recent police activity that became the talk of the town. It seems there was some sort of dispute with one of the new hires, "Aaron" who previously worked at the town cinema before it closed down.

After the police left it was a hot mess. The coffee shop kept samples of burnt coffee as evidence to fire their roaster.

It was used as grounds for dismissal. /joke

Can you believe after today there will only be six trading days this month? Why is that important? Because we're anxiously awaiting an announcement from Bed Bath and Beyond before the end of August.

While we wait, we might as well get around to things we meant to earlier in the summer. We got a new grill for Christmas but haven't had a chance to put it together yet. Maybe this is the week. Until then, we'll continue using our grill on wheels. This is another life hack brought to you by, Mother Squeezer:

All steaks come à la carte

Monday Recap: Bed Bath and Beyond opened on a gap down under $10 this morning. It peaked out at $11.51 before trending down and closing at $9.24. The session low was $9.17. Volume was about half of the 145.4 million average, coming in just over 77 million.

Cost to borrow: There were 400,000 shares available to borrow this morning and as of now, 350,000 remain. The cost to borrow has dropped to 23.5%.

Pre market: Bed Bath and Beyond is trading up $0.36 to $9.60 an increase of 3.90% on around 1 million volume.

Max pain: The current max pain for BBBY has dropped to $13.

Earlier today, GameStop was issued its trademark for GMERICA. Is this one of the missing pieces we've been waiting on?

Monday Recap: GameStop opened on a gap down into the $34's. It hit the day high early in the morning topping out at $36.20. It closed near the low of the day of $334.20, ending at $34.50.

Cost to borrow: There were 90,000 shares available earlier this morning. Currently there are 10,000 remaining. The cost to borrow has remained steady at 16.5%.

Pre market: GameStop is trading up $1.10 to $35.60 an increase of 3.19% on around 40 thousand volume.

Max pain: The current max pain for GME has dropped to $36.

While we're at it, should you really proceed through life without enjoying coffee from a mug like this?

available from GameStop

GameStopNFT tweeted:

Betty Boop - this is a neat nostalgic collection that we're happy to see coming to the NFT marketplace.

Did you know?

During the height of Beatlemania, fans waited in lines around a mile long to purchase tickets. Hey, that makes this wait seem easy.

Linking the evidence

The most bearish scenario for Bed Bath and Beyond is that they'll be filing for bankruptcy. We just can't see that happening. Here are the top questions that make us feel strongly that BBBY is a great play:

• Why would interim CEO, Sue Gove, purchase $240,000 worth of stock last month?

• Why would Bed Bath and Beyond not sell stock on the recent run-up when they "desperately need cash"?

• Why would Ryan Cohen sell his position in BBBY and risk security violations if bankruptcy was looming?

• Why would Bed Bath and Beyond have over 1,300 recent job postings on Indeed?

• If Ryan Cohen was only looking to profit, why didn't he sell back in March when the price was about 50% higher than where he sold in August?

• Why did Ryan join Dragonfly Commerce (an acquisitions company) as a director earlier this year?

• What in the world are the short sellers thinking?

Ryan Says

Ryan tweeted this a year ago:

Was Ryan telling us a year ago he was prepared to fight with the Bed Bath and Beyond board? What about the 60s music reference? We're still churning on this one.

We believe Ryan Cohen is becoming this generation's premier activist investor. That's why we created this newsletter - to help others become aware.

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.