[Alberta's Child]

If the management of GME was smart they’d issue millions of new shares and list them tomorrow in a closed sale to the hedge funds for $2,000/share.

[gogeo]

It's been awhile since I had the license, and rules change, but I believe there's a requirement for notice of intent to sell shares with a required time delay.

One thing for sure...the lawyers are going to make a lot of money.

I don't have independent knowledge from this thread, but think of the lawsuits. Retail customers of Robinhood, for example. If they are refusing to take buy orders from customers, that's actionable. Now...if Citadel does have a financial interest in Robinhood, and arm twisted them to stop filling buy orders...just, wow. Again, actionable. Suppose Citadel borrowed the shares from Robinhood to sell short? Shares are usually held in the name of the firm, not the client. Again. Conflict after conflict after conflict. Their legal exposure is larger than their financial exposure, IMO.