Tuesday - March 21, 2023

Today's newsletter will take 2.53 minutes to read.

DRS UPDATE: 60.83%* (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• David Simpson Brings the Fire

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

Yesterday, our friend David Simpson shared a really interesting update:

Remember last week when we told you Brett Icahn left the Newell Brands board? Could all this activity be related? Is something much bigger in the works?

You don't have to be a genius to see what's coming.

Monday Recap: BBBY traded between a low of $0.77 and a high of $0.96 before closing at $0.81. Trading volume was 86.35 million shares.

Cost to borrow: There were 250,000 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained extremely elevated at 124.8%.

Pre market: Bed Bath and Beyond is trading up $0.01 to $0.82 an increase of around 1.15% on over 1.1 million volume.

Max pain: The current max pain for BBBY has remained at $1.00.

The GameStop earnings report will be today after market close. We'll be listening in to see if there are any surprises.

Monday Recap: GME traded between a low of $16.25 and a high of $17.27 before closing at $16.87. Trading volume was 4.46 million shares.

Cost to borrow: There were 100,000 shares available earlier this morning. Currently there are 100,000 remaining. The cost to borrow has climbed to 19.2%.

Pre market: GameStop is trading up $0.17 to $17.04 an increase of 1.01% on around 27 thousand volume.

Max pain: The current max pain for GME has dropped to $17.00.

GameStopNFT tweeted:

We had to look twice to see if that was a dragonfly!

Did you know?

Shortly before Hitler rose to power in 1933, Einstein left Berlin for the United States and took a position at the Institute for Advanced Study in Princeton, New Jersey. His support for pacifist, civil rights and left-wing causes had already drawn suspicion from J. Edgar Hoover’s FBI, and after his arrival on American shores, the Bureau launched what would eventually become a 22-year surveillance campaign.

Agents listened to the physicist’s phone calls, opened his mail and rooted through his trash in the hope of unmasking him as a subversive or a Soviet spy. They even investigated tips that he was building a death ray. The project came up empty handed, but by the time Einstein died in 1955, his FBI file totaled a whopping 1,800 pages.

David Simpson brings the 🔥

Hot off the press this morning, BBBY investor - David Simpson drops his 22-page thesis detailing how he sees things playing out with Ryan Cohen, GameStop and buybuy Baby:

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: ThePPShow

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.