Tuesday - September 20, 2022

Today's newsletter will take 5.21 minutes to read.

DRS UPDATE: 54.24*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Monday recap

• GameStop NFT update

• Did you know?

• What Gives?

• Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that feels proud with you and also 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.

We're so proud! Yesterday, there were over 1.7 million shares borrowed to short BBBY and it still closed up! We feel that was a huge achievement and are ready to see what today brings.

We're only 7 trading days away from the Bed Bath and Beyond earnings call. While we don't have high expectations about the last quarter earnings, we are excited to hear what Bed Bath and Beyond has to say. We've learned not to listen to other news sources, just focus on the official releases.

However, It was difficult to look past this headline: Breaking News: Cartoonist found dead in the street. Details are sketchy. /joke

If there's one thing we've learned through this journey, it is the "news" always has an agenda. However, we found a really good use for newspaper. That brings us to today's clever life hack, use newspaper to alleviate bad odors from your shoes:

If you're in Cleveland, be sure not to use the sports section...it stinks.

Monday Recap: BBBY traded between a low of $7.67 and a high of $8.29 before closing at $8.03. Trading volume was 12.63 million shares.

Cost to borrow: There were 100,000 shares available to borrow this morning and as of now, 100,000 remain. The cost to borrow has remained at 13.2%.

Pre market: Bed Bath and Beyond is trading down $0.06 to $7.97 a decrease of 1075% on over 120 thousand volume.

Max pain: The current max pain for BBBY has dropped to $8.50.

Monday Recap: GME traded between a low of $28.15 and a high of $29.65 before closing at $28.96. Trading volume was 3.38 million shares.

Cost to borrow: There were 250,000 shares available earlier this morning. Currently there are 0 remaining. The cost to borrow has remained steady at 10.0%.

Pre market: GameStop is trading down $0.12 to $28.85 a decrease of 0.38% on 25 thousand volume.

Max pain: The current max pain for GME has remained at $29.00.

GameStopNFT tweeted:

NFTs are more than just jpegs. Check out this NFT music by Lovebird Records.

Did you know?

"Hide the pain Harold" is really András Arató, a retired engineer from Hungary whose rise to fame began with a random shoot for a stock photo website.

What Gives?

For a stock with under a $650MM market cap, why does BBBY get so much press?

Honestly, we don't read mainstream media, just did a search for headlines for today's newsletter. It didn't take long to find a negative headline pertaining to BBBY.

There are plenty of companies worth more than Bed Bath and Beyond or that would be more relevant to mainstream readers. Why does BBBY get so much attention?

We have our suspicions. That's why we continue to hold and accumulate more on the dips.

Ryan Says

Ryan tweeted this last September:

If the 7-4-1 theory holds true, we'll have 1 tweet this month which means it'll be coming in the next 11 days. (He tweeted 4 times in August and 7 times in July).

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

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.