Wednesday - January 18, 2023

Today's newsletter will take 1.77 minutes to read.

DRS UPDATE: 50.31*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Tuesday recap

  • Did you know?

  • T+2 Settlement

Good Morning! This is Mother Squeezer, the newsletter that continues to be on standby for exciting news and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

Well, we're one more day closer to - hopefully - some exciting news. Nothing has been released yet but we continue to monitor.

Bed Bath and Beyond

Tuesday Recap: BBBY traded between a low of $3.35 and a high of $4.48 before closing at $4.14. Trading volume was 159.88 million shares.

Cost to borrow: There were 0 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has remained elevated at over 300%.

Pre market: Bed Bath and Beyond is trading up $0.02 to $4.16 a decrease of 0.48% on over 1.9 million volume.

Max pain: The current max pain for BBBY has remained at $5.00.

GameStop

Tuesday Recap: GME traded between a low of $20.37 and a high of $21.94 before closing at $21.80. Trading volume was 5.40 million shares.

Cost to borrow: There were 100,000 shares available earlier this morning. Currently there are 100,000 remaining. The cost to borrow has climbed to 22.2%.

Pre market: GameStop is trading up $0.20 to $22.00 an increase of 0.92% on 57 thousand volume.

Max pain: The current max pain for GME has remained at $23.75.

Did you know?

Bed Bath & Beyond has 1,087 job openings on Linkedin, including 2 executive roles. In its job listings, the company mentions it is "in the midst of an enterprise-wide transformation" and rebuilding a "digital-first shopping experience". That doesn't sound like a shuttering company to us!

T+2 Settlement

Today is the second trading day after last Fridays close. That means the the stock options that were in the money on Friday and became exercised will need to be delivered today. That could put some additional upward pressure on the stock today.

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.

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