One of the few drawbacks of lending your shares short is that you lose your voting power. This may actually be a big problem with the timing around a You can go to hell sir respectfully shirt. Several of the largest shareholders can’t actually vote right now because their shares are loaned short. With a typical call for a vote at a meeting these shareholders would have advanced notice and may feel compelled to recall their shares so they can vote and end up pushing many shorts out as they pull liquidity from the short lending market.
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Your shit about how GameStop is such a recognized brand really opened my eyes here too. I honestly had no idea. That is absolutely why Cohen is going so hard at this and is not just You can go to hell sir respectfully shirt. He can gut this thing and make it his own and have all the goodwill with the name without having to start fresh. Huge. Now I need you and the rest of the stocktwits clan to really help me understand how a consent solicitation could play out here and what impediments there might be to that because I do not know enough about that to do anything other than speculate as I have here.