- Mother Squeezer
- Posts
- Tuesday - November 1, 2022
Tuesday - November 1, 2022
Today's newsletter will take 2.93 minutes to read.
DRS UPDATE: 56.83*% (estimated percent of GME shares direct registered)
*source: Computershared.net
On tap this morning:
Monday recap
GameStop NFT update
Did you know?
BBBY Daily Trend Change Detected
Ryan Says
Good Morning! This is Mother Squeezer, the newsletter that didn't go trick-or-treating but instead, worked to bring you clever life hacks, updates and insights, along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.
We hope your first sugar rush of the day goes smoothly. But if not, we understand.
After our last visit for a checkup, It was probably best that we stayed in and avoided the free candy distribution last night. When we last visited the doctor he said our sugar was too high. So I came home and moved it to a lower shelf /joke
The good thing about having a wife who likes to bake is that she needs a guinea pig to test her creations. I usually oblige. However, sometime we don't always have all the ingredients needed and sometimes this is caused by negligence. Following today's clever life hack, you'll have one more ingredient around the house for a longer period of time:
We're just getting over our addiction to chocolate, nuts and marshmallows. We have to admit it's been a rocky road.
Monday Recap: BBBY traded between a low of $4.56 and a high of $5.03 before closing at $4.57. Trading volume was 17.49 million shares.
Cost to borrow: There were 450,000 shares available to borrow this morning and as of now, 200,000 remain. The cost to borrow has remained at 7.4%.
Pre market: Bed Bath and Beyond is trading up $0.15 to $4.72 an increase of 3.28% on over 250 thousand volume.
Max pain: The current max pain for BBBY has remained at $5.00.
Monday Recap: GME traded between a low of $27.91 and a high of $34.99 before closing at $28.31. Trading volume was 24.01 million shares.
Cost to borrow: There were 350,000 shares available earlier this morning. Currently there are 5,000 remaining. The cost to borrow has remained steady at 9.1%.
Pre market: GameStop is trading up $1.19 to $29.50 an increase of 4.20% on 150 thousand volume.
Max pain: The current max pain for GME has remained at $26.00.
GameStopNFT tweeted:
Creator Clips #onIMX
.@xdereklau is leading the @GuildOfGuardian team on onboarding the next wave of players to Web3 with @Immutable
— GameStopNFT (@GameStopNFT)
9:50 PM • Oct 27, 2022
Check out this new series from GameStopNFT - Creator Clips featuring @GuildofGuardian.
Did you know?
The Full moon in November is traditionally called the Beaver Moon in the US. The tradition goes back to North America’s early colonial years, as it was during this time of year that hunters would set their beaver traps for the last time before the lakes and water sources they lived in froze over.
BBBY Daily Trend Change Detected
The below chart shows a higher low and higher highs. This can be the signal of a trend reversal. It's still early and things can change, but for now a case can be made for a move in the upward direction.
Unfortunately, instead of taking advantage of these near record low prices, many investors wait until things turn around before jumping in.
Don't be like them.
This reversal indicator in conjunction with the options chain heating up and the bond deadline coming on November 15, these next couple of weeks could be fun!
Ryan Says
Ryan retweeted this in November of 2020:
Former Chewy CEO tries to push GameStop to become the Amazon of the video-game industry
— CNBC (@CNBC)
1:02 PM • Nov 21, 2020
We believe he's building something much bigger and Amazon is in for some competition.
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.
Reply