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- Tuesday - December 13, 2022
Tuesday - December 13, 2022
Mother Squeezer
December 13, 2022
Today's newsletter will take 2.03 minutes to read.
DRS UPDATE: 47.79%* (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
5th Day of Christmas
Monday recap
Did you know?
Good Morning! This is Mother Squeezer, the newsletter that reminds you that holding ain't easy and brings you gift ideas, updates and insights, along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.
Lots of clues were pointing towards today being a significant day of something big. Nothing yet but the day is young, will we get some big news before midnight. Only time will tell.
5th Day of Christmas
And what better way to tell time than with this great gift item from GameStop. It's no secret, we have expensive taste. But it's only because we like quality craftsmanship. If you too appreciate the best, consider this Garmin epix smartwatch. It's packed with too many features to list but great for counting down the minutes until MOASS!
Garmin epix Generation 2 Titanium Smartwatch
Ever tried eating a watch? It's very time consuming.
Monday Recap: BBBY traded between a low of $3.00 and a high of $3.14 before closing at $3.13. Trading volume was 7.93 million shares.
Cost to borrow: There were 150,000 shares available to borrow this morning and as of now, 150,000 remain. The cost to borrow has dropped to 5.3%.
Pre market: Bed Bath and Beyond is trading up $0.09 to $3.22 an increase of 2.88% on over 450 thousand volume.
Max pain: The current max pain for BBBY has remained at $4.00.
Monday Recap: GME traded between a low of $22.18 and a high of $23.15 before closing at $22.67. Trading volume was 3.75 million shares.
Cost to borrow: There were 55,000 shares available earlier this morning. Currently there are 55,000 remaining. The cost to borrow has remained steady at 7.2%.
Pre market: GameStop is trading up $0.83 to $23.50 an increase of 3.66% on 140 thousand volume.
Max pain: The current max pain for GME has dropped to $26.00.
Did you know?
In 1972, Hamilton Watch Company introduced the world's first commercial electronic digital wristwatch known as the Pulsar. They produced only 400 Pulsar units. Each retailed for the pricey sum of $2,100, which amounts to over $12,000 today. However, by the end of the 1970s, digital watches would regularly retail for under $10 a piece.
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
BBBY: Ben - Mr. Business
GME: Richard Newton
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.
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