Wednesday - January 25, 2023

Today's newsletter will take 2.17 minutes to read.

DRS UPDATE: 51.10*% (estimated percent of GME shares direct registered)

*source: Computershared.net

On tap this morning:

• Tuesday recap

• GameStop NFT update

• Did you know?

• BBBY Update: 8 Form 4s Filed After Market Close

Good Morning! This is Mother Squeezer, the newsletter that got excited with the bullish uptick yesterday and brings you updates and insights along with timely information about our favorite Activist Investor, Ryan Cohen, and our favorite stocks - GME and BBBY.

Did you notice the volume pouring into BBBY in the pre market? The price climbed up to $3.70 right at the open before getting pushed back down throughout the day. This cycle is still exhibiting signs of life! Get your coffee - try something new - and let's see what today brings.

Tuesday Recap: BBBY traded between a low of $3.20 and a high of $3.70 before closing at $3.39. Trading volume was 62.01 million shares.

Cost to borrow: There were 500 shares available to borrow this morning and as of now, 0 remain. The cost to borrow has slipped to 182%.

Pre market: Bed Bath and Beyond is trading up $0.10 to $3.49 an increase of 2.91% on over 2.2 million volume.

Max pain: The current max pain for BBBY has remained to $3.50.

Tuesday Recap: GME traded between a low of $21.00 and a high of $22.09 before closing at $21.40. Trading volume was 2.38 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 remained steady at 20.5%.

Pre market: GameStop is trading down $0.55 to $20.85 a decrease of 2.57% on 38 thousand volume.

Max pain: The current max pain for GME has climbed to $20.50.

GameStopNFT tweeted:

It's great to see Buck the Bunny back!

Did you know?

The SEC advises: In connection with a merger, all of your RSUs will be automatically converted into the right to receive cash that will be paid to you through our payroll services, your brokerage account or accounts payable.

BBBY Update: 8 Form 4s Filed After Market Close

Executives and board members from Bed Bath & Beyond converted their unvested RSUs for cash yesterday after market close. What could that mean? Well, it would suggest Bed Bath & Beyond is NOT going bankrupt!

If insiders converted to cash, knowing the company was filing for bankruptcy, that could be considered insider trading.

It seems a merger/acquisition is in the imminent future. It is ill-advised to incentivize leaders to drag things out until their RSUs vest during M&As, so paying them for a job well done for getting them to the exit and moving on with the acquisition is the most likely reason we're seeing this happen.

Buckle up!

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

BBBY: Ben - Mr. Business

GME: 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.