Tuesday - February 7, 2023

Today's newsletter will take 2.47 minutes to read.

DRS UPDATE: 51.84*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• Brinker Capital Adds BBBY to its Portfolio

• Elon Says

Good Morning! This is Mother Squeezer, the newsletter that reminds you to expect extreme volatility and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

Wow - what a day! We saw BBBY surge over 100% and break $7 before being shorted back down. When will these short sellers ever learn?

No one knows for certain but the price action yesterday seems to be either from forced buying of shares by the short sellers to cover FTD's from 35 days ago or perhaps a leak of an impending acquisition...or both.

After hours BBBY released a plethora of filings announcing the appointment of a new CFO and the creation of Series A Convertible Preferred Stock and Preferred Stock Warrants, by all accounts, a buyer has been located but not yet announced!

This morning, BBBY announced that there will be share NO DILUTION for the next 90 days! This is huge after yesterday's "scare" after hours.

You know what comes next...

Monday Recap: BBBY traded between a low of $3.11 and a high of $7.03 before closing at $5.86. Trading volume was 276.08 million shares.

Cost to borrow: There were 0 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained extremely elevated with reports of over 300%.

Pre market: Bed Bath and Beyond is trading down $2.38 to $3.48 a decrease of 40.61% on over 22 million volume.

Max pain: The current max pain for BBBY has remained at $3.00.

Monday Recap: GME traded between a low of $21.77 and a high of $24.88 before closing at $23.86. Trading volume was 8.70 million shares.

Cost to borrow: There were 1,000,000 shares available earlier this morning. Currently there are 800,000 remaining. The cost to borrow has dipped to 17.6%.

Pre market: GameStop is trading down $0.66 to $23.20 a decrease of 2.77% on 59 thousand volume.

Max pain: The current max pain for GME has risen to $21.00.

GameStopNFT tweeted:

NFTs within Gaming is exploding, this sector continues to surge!

Did you know?

GameStop filed for the GMERICA trademark back on August 23, 2021.

Many believe a consortium of companies are coming together to rival Amazon and may use this name. This may be the tie between GameStop and Bed Bath & Beyond.

Brinker Capital Adds 17,673 Shares to Portfolio

And they keep on coming. Another fund has added BBBY to its portfolio. It feels good seeing the "big boys" coming to the realization that we've already known.

Before long we won't be able to keep up with all of the funds adding BBBY.

Elon Says

Elon Musk replied to this tweet yesterday...:

Elon has 128 million followers on Twitter...that's a lot of eye balls! Word is getting out!

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

BBBY: Ben - Mr. Business

GME: 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.