Wednesday - October 5, 2022

Today's newsletter will take 2.59 minutes to read.

DRS UPDATE: 54.61*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Tuesday recap

  • GameStop NFT update

  • Did you know?

  • Where Are We In This Cycle?

  • Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that celebrates green days with you 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.

It's been so long, we became confused. Seeing an unfamiliar color at the end of the stock trading day, had us not knowing what to think...

What has green skin, a nose three times the size of the horn on my head, four brown teeth and my neck is covered in furry scales... what is it? Ugly! /joke

It was nice to see the stocks up today, but, we think in order to see a squeeze, it's going to take a catalyst. When and only when the right thing happens, we can shoot straight into outer space. While we're talking about space, try today's clever life hack next time you need a little more room:

So, why do librarians hate tennis? Too much racket.

Bed Bath and Beyond

Tuesday Recap: BBBY traded between a low of $6.13 and a high of $6.69 before closing at $6.53. Trading volume was 14.66 million shares.

Cost to borrow: There were 1,400,000 shares available to borrow this morning and as of now, 100,000 remain. The cost to borrow has inched down to 12.1%.

Pre market: Bed Bath and Beyond is trading down $0.16 to $6.37 a decrease of 2.45% on over 80 thousand volume.

Max pain: The current max pain for BBBY has remained at $6.50.

GameStop

Tuesday Recap: GME traded between a low of $25.95 and a high of $27.83 before closing at $27.60. Trading volume was 4.57 million shares.

Cost to borrow: There were 750,000 shares available earlier this morning. Currently there are 35,000 remaining. The cost to borrow has remained steady at 10.0%.

Pre market: GameStop is trading down $0.40 to $27.20 a decrease of 1.45% on 20 thousand volume.

Max pain: The current max pain for GME has remained at $26.00.

GameStopNFT retweeted:

Wow, check out these generous artists raising money for Phoenix Children's.

Did you know?

The US Open was founded in 1881, the French in 1891, and the Australian in 1905. These four major tournaments have been designated as “Grand Slam” tournaments.

Where Are We In This Market Cycle?

There was an interesting post on Reddit in the r/Superstonk subreddit from u/mark-five:

What's our take? We still believe that the markets are going to crater. This may take GME and BBBY down in the beginning, but this could also be the catalyst we need to propel these stocks into no-mans land.

You see, when the bad guys suffer losses in their portfolio, they may need to apply more collateral to keep their margin positions open. If they're unable to provide adequate collateral due to their account value diminishing, they may be forced to close their positions.

What happens next?

Tick tock. Tick tock.

Ryan Says

Ryan tweeted this back in February:

Green shorts! Ryan has made no secret that he's not a fan of abusive short sellers.

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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