Tuesday - November 8, 2022

Today's newsletter will take 2.91 minutes to read.

DRS UPDATE: 57.06*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Monday recap

  • GameStop NFT update

  • Did you know?

  • What's the BBBY OBV Telling Us?

  • Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that works to stay balanced and brings 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.

Coffee time is over which means we're thinking about dinner. After many successful Taco Tuesday's, we're going to switch it up this evening. That's how we stay balanced.

Sometimes we try and slip a few jokes in, other times we broadcast our moves a little. Want to hear a joke about pizza? Never mind it’s too cheesy. /joke

If you're without a microwave or oven, today's clever life hack will result in hot pizza when you didn't think it was possible.

Yep, it really works

Now let us tell you a joke about a hair dryer...nah never mind. It blows.

Bed Bath and Beyond

Monday Recap: BBBY traded between a low of $3.73 and a high of $4.03 before closing at $3.95. Trading volume was 8.73 million shares.

Cost to borrow: There were 400,000 shares available to borrow this morning and as of now, 300,000 remain. The cost to borrow has remained at 7.3%.

Pre market: Bed Bath and Beyond is trading down $0.01 to $3.94 a decrease of 0.25% on over 80 thousand volume.

Max pain: The current max pain for BBBY has remained at $4.50.

GameStop

Monday Recap: GME traded between a low of $24.80 and a high of $26.30 before closing at $25.76. Trading volume was 3.19 million shares.

Cost to borrow: There were 550,000 shares available earlier this morning. Currently there are 550,000 remaining. The cost to borrow has remained steady at 9.0%.

Pre market: GameStop is trading down $0.27 to $25.49 a decrease of 1.03% on 17 thousand volume.

Max pain: The current max pain for GME has remained at $26.50.

GameStopNFT tweeted:

Art and balance come together on GameStopNFT with Mitsume.

Did you know?

In yoga, "downward dog" stretches and widens the hamstrings, the calves, and the Achilles tendon. In downward dog, your head is lower than your heart, so it has the benefits of inversions and improves the blood flow through your body. Downward dog stretches and helps to relieve tension from the neck and back.

What's the BBBY OBV Telling Us?

  • On-balance volume (OBV) is a simple accumulation-distribution tool that tallies up and down volume, creating a smooth indicator line to predict when major market moves might occur based on changes in relative trading volume.

  • OBV works best when testing around major highs and lows to measure for possible breakouts and breakdowns.

  • Investors can use OBV to provide many key predictions, such as a bullish divergence predicting the price will break resistance or a bearish divergence predicting a rally will stall or reverse.

An investor from r/BBBY brought this to our attention today. They state:

Look below. The price action is not reflecting in the OBV (blue line). The price fluctuations we are seeing are not justified - especially with the OBV being as robust as it is.

We are holding strong, and the price is being heavily manipulated. Ignore the FUD. The game is on baby and they know it.

u/Boring-Ad4031

This is more confirmation of the price manipulation we're encountering. With the high % of buy orders being routed off exchange, it becomes easier for the price to fall.

Our strategy: we're holding strong, accumulating more and waiting for our time.

Ryan Says

Ryan tweeted this back in April:

Was RC meeting with Carl Icahn back at the end of April? That's our bet.

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
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.

Reply

or to participate.