Tuesday - August 30, 2022

Today's newsletter will take 3.01 minutes to read.

DRS UPDATE: 50.016*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• More Speculation

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that is super duper excited to be within one trading day away from the big BBBY update - but we're still 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.

Could you imagine the feeling they must have? Who in their right minds would be short on Bed Bath and Beyond and GameStop?

Oops.

Here's another question:

Why did people in the NBA think Michael Jordan was conceited?

Because he was always putting on Airs. /joke

It's been awhile since we bought basketball shoes. Out of curiosity we looked them up to see how much they're going for these days. Can you believe some of the Air Jordan's are selling for $245 and up?

Wow. It seems like yesterday basketball shoes sold for under $100. Well, if you need shoes and don't want to break the bank, while we're waiting on GME and BBBY to 🚀, consider today's life hack. DIY sandals:

They may not be too pretty but the savings will let you buy more GME and BBBY!

Monday Recap: BBBY traded between $10.82 and $14.88 yesterday. Volume was just about average, trading over 138 million shares. It closed at $13.35 in an impressive performance.

Cost to borrow: There were 200,000 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has dropped a hair to 15.4%.

Pre market: Bed Bath and Beyond is rocketing up $1.53 to $14.88 an increase of 11.46% on over 7 million volume.

Max pain: The current max pain for BBBY has increased to $11.50.

Monday Recap: GameStop traded between $30.38 and $32.75 on lower than average volume. It closed at $31.55 on 4.29 shares changing hands. It seems it's just a matter of time before it starts moving upwards again.

Cost to borrow: There were 550,000 shares available earlier this morning. Currently there are 50,000 remaining. The cost to borrow has dropped to 12.3%.

Pre market: GameStop is trading up $0.72 to $32.27 an increase of 2.28% on 50 thousand volume.

Max pain: The current max pain for GME has dropped to $32.50.

GameStopNFT tweeted:

And just like that GMERICA was born!

Did you know?

The famous Nike logo, a solid swoosh, was designed for just $35 by Carolyn Davidson, a student at Portland State University. Later on, she was given more than $640,000 worth of Nike products.

More Speculation

We came across a rumor today predicting that the previous CFO of GameStop, Mike Recupero, would become the new CEO of Bed Bath and Beyond - and the announcement would be issued tomorrow:

At this point, this is nothing more than a rumor. However, what a great development this would be! Mike updated his profile photo on Linkedin yesterday (coincidence?):

Mike has an impressive resume. Before making the move over to GameStop to become the CFO, he spent 17 years at Amazon working both domestically and abroad.

If this rumor ends up being true, wow - we're in for a wild ride! That would solidify the GameStop - Bed Bath and Beyond speculation showing that Ryan Cohen is still involved.

Ryan Says

Back in February, Ryan tweeted this:

With the rumors circulating that the BBBY announcement may involve GameStop and Gmerica, we thought it was important to honor this tweet.

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.