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- Tuesday - January 10, 2023
Tuesday - January 10, 2023
Mother Squeezer
January 10, 2023
Today's newsletter will take 1.67 minutes to read.
DRS UPDATE: 49.86*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Monday recap
Did you know?
Exciting Excerpt from the Earnings Call
Good Morning! This is Mother Squeezer, the newsletter that is super excited after hearing today's earnings call and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.
Pop the champagne!
There was no mention of bankruptcy or even struggle on the earnings call. The tone and demeanor were positive. It sounds like the company's turn around plan is going very well. Here's a link to the earnings report:
Here's a reaction from an investor, u/TheWolfofLosses:
We're monitoring for updates to see if there is any announcement pertaining to an acquisition and will bring it to you if it happens.
Monday Recap: We're not looking at prices until the tides have turned
Cost to borrow: There were 750,000 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained at 42.7%.
Pre market: Not looking at price, pre market volume 7.1 million!
Max pain: The current max pain for BBBY has dropped to $1.50.
Monday Recap: We're not looking at prices until the tides have turned
Cost to borrow: There were 50,000 shares available earlier this morning. Currently there are 40,000 remaining. The cost to borrow has remained elevated at 20.7%.
Pre market: Not looking at price, pre market volume 38 thousand!
Max pain: The current max pain for GME has dropped to $17.00.
Did you know?
Carl Icahn is a billionaire investor who adopted the contrarian investment strategy of buying stocks that "no one wants."
Excitement Excerpt from the Earnings Call
This part stood out as the most exciting from this morning's earnings call:
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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