Tuesday - March 7, 2023

Today's newsletter will take 2.01 minutes to read.

DRS UPDATE: 60.06%*(estimated percent of GME shares direct registered)

On tap this morning:

  • Monday recap

  • Did you know?

  • GameStop DRS Update

Good Morning! This is Mother Squeezer, the newsletter that is always excited for Taco Tuesday and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

We seem to be in the midst of a lull. There's not much going on and won't be - until there is. We've been on standby for weeks awaiting something to break and today is no different. March is expected to bring some excitement which means it could begin at any time.

Bed Bath and Beyond

Monday Recap: BBBY traded between a low of $1.39 and a high of $1.54 before closing at $1.39. Trading volume was 38.91 million shares.

Cost to borrow: There were 100,000 shares available to borrow this morning and as of now, 55,000 remain. The cost to borrow has climbed to 124.0%.

Pre market: Bed Bath and Beyond is trading up $0.02 to $1.41 an increase of 1.44% on over 1.1 million volume.

Max pain: The current max pain for BBBY has remained at $1.50.

GameStop

Monday Recap: GME traded between a low of $18.52 and a high of $19.50 before closing at $18.65. Trading volume was 2.82 million shares.

Cost to borrow: There were 750,000 shares available earlier this morning. Currently there are 600,000 remaining. The cost to borrow has dipped to 9.6%.

Pre market: GameStop is trading up $0.06 to $18.71 an increase of 0.32% on around 12 thousand volume.

Max pain: The current max pain for GME has remained at $19.00.

Did you know?

According to NationalTacoDay.com, Americans are eating billions of tacos every year, 4.5 billion to be more specific. Americans not only love tacos but they also love their Taco Bell… around half of the U.S. population visits a Taco Bell once every 11 days.

Speaking of Taco Bell, the chain actually started in 1954 as a burger stand. They started selling hard tacos eventually, because they were in a Hispanic neighborhood.

GameStop DRS Update

The movement started in mid 2021 and picked up steam in August of that year. It's been a continuous daily event that hasn't slowed down. Today, the estimated shares of GME that has been directly registered crossed the 60% threshold.

Nothing like this has ever happened before. No one knows what will happen when 100% of the float is removed from the DTCC, but one thing is for sure, it is slowly removing the ammunition from the bad guys.

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

Why We Believe GameStop is the Greatest Upcoming Investment in Our Lifetime

BBBY: ThePPShow

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.

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