Wednesday - August 17, 2022

Today's newsletter will take 3.57 minutes to read.

DRS UPDATE: 53.038*% (estimated percent of GME shares direct registered) 

*source: Computershared.net

What sho? Reg SHO. More below.

On tap this morning:

• Tuesday recap

• GameStop NFT update

• Did you know?

• Reg SHO Explained

• Ryan Says

Wow - Tuesday was quite an exciting day! If feels like things are starting to heat up

Bed Bath and Beyond continued it's run, so much so it was halted for trading a few times throughout the day. GameStop popped up and got halted as well. Both had tremendous volume. Is this the start of something?

If you're short GameStop or Bed Bath and Beyond, you're bananas. Which reminds us, what do you call two bananas on the floor? Slippers /joke

Good Morning! This is Mother Squeezer, the newsletter that is sometimes silly but all the time aiming to please by bringing 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.

Life is good. Our stocks are rocking, the weather has cooled a bit, making it oh so lovely outside. Before long, it'll be winter. Which brings us to today's clever life hack, a budget seat warmer - life changer.

Not going to lie, we're going to give this a try.

Tuesday Recap: Wow. That's the first word that comes to mind. Yesterday was quite a day. Bed Bath and Beyond showed tremendous strength throughout the day. Later in the trading day it did run into what appeared to be a short ladder attack, dropping the price several dollars in a matter of minutes. It was still an impressive run. It ended the day over the $20 mark closing at $20.65.

To get things started, it opened at the day low of $15.36 and never looked back. It charged up to $28.60 before retreating back to its close.

The volume was epic. Over 395 million shares were traded! This brought our average trading volume to just above 100 million.

Cost to borrow: There were 550,000 shares available to borrow earlier this morning and as of now, 0 remain. The cost to borrow has risen again, currently at 53.3%. 

Pre market: Bed Bath and Beyond is trading up $7.60 to $28.25 an increase of 36.80% on over 23.6 million volume.

Max pain: The current max pain for BBBY is $15.

GameStop nearly had the golden cross today but closed down from the point after briefly crossing it.

Tuesday Recap: GameStop closed up 6.33% ending the day at $42.19. Trading volume was much higher yesterday. There were just over 23.6 million shares exchanged, bringing our average trading volume up to 8.83 million shares. 

Cost to borrow: There were 400,000 shares available earlier to borrow this morning. Currently there are 250,000 remaining. The cost to borrow stayed steady, currently at 20.9%.

Pre market: GameStop is trading up $1.06 to $43.40 an increase of 2.51% on 217 thousand volume.

Max pain: The current max pain for GME is $39.50.

GameStopNFT has tweeted this:

It's nice to see GameStopNFT give shout outs to projects in the marketplace. @yaboynancy is one of the community's favorite accounts on "GameStop Twitter".

Did you know?

Reg SHO Explained

You'll be hearing a lot about Regulation SHO in the upcoming days. But what exactly is RegSHO and how does it impact trading?

BBBY was just placed on the RegSHO threshold list:

How will this impact the stock price?

We can't predict the future (or can we?) but history often rhymes.

Back at the end of 2020, GME made it to the Reg SHO list on December 20, 2020. Within the next 6 weeks, GameStop hit an all time high climbing from under $6 to over $400 in that time. This was of course when the infamous "buy button" was disabled on many of the brokers including Robinhood.

Back when GameStop surged the first time, many people didn't understand what was happening. Since then, individual investors have become much more wise and have a better understanding of what can happen when these forces work in our favor.

We think this is going to be one for the ages! It looks like Momma's gonna have a good Christmas!

Ryan Says

Here is a tweet from Ryan four months ago:

Hola. Simple. "Hello" in Spanish, right? Not so fast. A lot of people thought this was a Cinco de Mayo reference. May the 5th came and went with no unusual occurrences. We're still trying to guess the meaning. Are we overthinking this? 

We believe Ryan Cohen is becoming this generation's premier activist investor. That's why we created this newsletter - to help others become aware.

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!

Why did the banana fail it's driving test? It peeled out.

Have a Happy Wednesday and we'll be back in your inbox tomorrow morning so get on with your day and DRS is the way!

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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.