Wednesday - September 14, 2022

Today's newsletter will take 2.51 minutes to read.

DRS UPDATE: 53.46*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Tuesday recap

  • GameStop NFT update

  • Did you know?

  • What We're Waiting For

  • Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that celebrates national cream filled donut day 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.

We're not sure who comes up with these, but we're not complaining! Happy National Cream Filled Donut Day!

The CPI released yesterday soured the market making today a light news day so we'll spend more time talking about donuts than stocks.

Earlier this morning, a person at the store asked us if donuts are healthy. We said we didn't know, but I never met a sick one in our entire lives. /joke

A donut wouldn't be as enjoyable without a nice hot coffee to accompany it. But if you struggle with burning your tongue, try this morning's clever life hack:

Cool beans!

Bed Bath and Beyond

Tuesday Recap: BBBY traded between a low of $8.35 and a high of $9.10 before closing at $8.37. Trading volume was very low, coming in at 14.5 million shares.

Cost to borrow: There were 1,600,000 shares available to borrow this morning and as of now, XXX remain. The cost to borrow has dropped to 14.2%.

Pre market: Bed Bath and Beyond is trading up $0.15 to $8.52 an increase of 1.79% on over 100,000 volume.

Max pain: The current max pain for BBBY has remained at $10.00.

GameStop

Tuesday Recap: GME traded between a low of $27.32 and a high of $28.61 before closing at $27.85. Trading volume was low at 3.65 million shares.

Cost to borrow: There were 70,000 shares available earlier this morning. Currently there are 65,000 remaining. The cost to borrow has remained steady at 10.1%.

Pre market: GameStop is trading up $0.04 to $27.89 an increase of 0.14% on 20,000 volume.

Max pain: The current max pain for GME has remained at $30.00.

GameStopNFT tweeted:

Wow! Some exciting names getting involved with the GameStopNFT marketplace. Check out this collection.

Did you know?

Fried dough was introduced to New York back when the area was known as New Amsterdam and Dutch was the predominant language. The early Americans took the fact that the treats were fried in oil quite literally, naming them olykoeks, translating to "oily cakes." The word 'donut' came soon after when a woman is said to have put nuts in the dough before frying it.

What We're Waiting For

For Bed Bath and Beyond, we entered a period where FTDs are needing to be covered or closed. This is what seems to be behind the run-up we experienced last month.

The new FTD numbers get released tomorrow and we're excited to see how they look. We'll have a better idea of what to expect after the report is released.

Ryan Says

Ryan tweeted this back in December:

He has posted several times about his dad who passed away from cancer a few years ago. Ryan seems to be very sentimental.

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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