I did not check, but I guess GME did not have a shelf registration which allows a swift sale of securities.

Last week, AMC and AA did use such registration to raise fresh equity. In addition, Silver Capital did convert its $600 MM convertible bond and racked a $100 MM profit: I do believe that they sold short the stock and covered it with the conversion of the CB: opportunistic, sensible and well done!

Eoin Treacy's view

Thank you for this insightful email.