Wednesday - September 21, 2022

Today's newsletter will take 4.61 minutes to read.

DRS UPDATE: 54.24*% (estimated percent of GME shares direct registered)

On tap this morning:

  • Tuesday recap

  • GameStop NFT update

  • Did you know?

  • Where's the Volume?

  • Ryan Says

Good Morning! This is Mother Squeezer, the newsletter that will never throw you underneath the bus, but instead 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.

Happy World Gratitude Day! Today, we're very grateful for Ryan Cohen. Lately, he's been getting thrown under the bus in the media, but we pay no mind.

We're all about mass transit, public transit and reducing carbon, but we have a problem with most city busses not running on time. Instead, they typically run on diesel. /joke

If you do find yourself on a bus or train and would like to keep the seat beside you open, try today's life hack (click to watch):

Simple, yet effective!

Bed Bath and Beyond

Tuesday Recap: BBBY traded between a low of $7.55 and a high of $8.20 before closing at $7.60. Trading volume was 8.68 million shares.

Cost to borrow: There were 600,000 shares available to borrow this morning and as of now, 450,000 remain. The cost to borrow has remained at 13.0%.

Pre market: Bed Bath and Beyond is trading up $0.01 to $7.61 an increase of 0.13% on over 60 thousand volume.

Max pain: The current max pain for BBBY has remained at $8.50.

GameStop

Tuesday Recap: GME traded between a low of $27.18 and a high of $29.33 before closing at $27.54. Trading volume was 3.13 million shares.

Cost to borrow: There were 200,000 shares available earlier this morning. Currently there are 60,000 remaining. The cost to borrow has remained steady at 10.0%.

Pre market: GameStop is trading down $0.09 to $27.45 a decrease of 0.33% on 10 thousand volume.

Max pain: The current max pain for GME has remained at $29.00.

GameStopNFT tweeted:

We love seeing the spotlight on the creators! Have a look at Puuzje for yourself!

Did you know?

In 1828 between La Madeleine and La Bastille in Paris, the first omnibus service started. The word was coined after the name of a hat shop in Nantes called Omnes Omnibus where the first bus line terminated in an early trial. The word omnibus is derived from Latin, meaning for all. The name stuck and the word bus is now recognized in the majority of languages on earth.

Where's the Volume?

Trading volume has been low for both GME and BBBY. That's when the price is most susceptible to getting hammered down.

GME volume below:

Nothing to worry about. This is why the price is wrong. They "bad guys" are borrowing shares to short the price down. At some point, they'll have to return those shares and they'll be a lot more expensive.

Ryan Says

Ryan tweeted this back in March:

He's been quiet all month, which is no surprise, if you believe the 7-4-1 tweet theory.

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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